5 Factors For The Future Of Mining Cryptocurrencies

5 Factors For The Future Of Mining Cryptocurrencies

At the end of 2017 Mining hit the “all time high” for profits. Of course, Crypto assets have sold off in the first 6 months of 2018. Mining profits are also down some in the first half of 2018. Will the down trend continue? The answer to that question has many factors, let’s examine each … Read more5 Factors For The Future Of Mining Cryptocurrencies

How Miners Make Money

How Miners Make Money

When people look into mining they usually get a whole wide variety of answers as to what mining is and why anyone makes money at it. In this article I will try to help de-mystify mining and explain what it is and why people make money (sometimes a LOT of money) by mining crypto currencies. … Read moreHow Miners Make Money

6 Steps To Get Started Mining Cryptocurrencies

Mining cryptocurrencies is by no means a “get rich easy” scheme. Just like any passive income source, it takes time, energy, and capital to cultivate. However, it’s a great way to capitalize on this crazy, viral trend of the past 12 months. Before getting into how to get started mining, let’s go through an overview … Read more6 Steps To Get Started Mining Cryptocurrencies

Cryptocurrency Definitions: Block Reward

block reward

Block reward refers to the new cryptocurrency tokens distributed by the network to miners for each successfully solved block. Essentially, it entails solving a computationally tough math equation to find a new cube, which can be added to a blockchain, and getting a reward of couple bitcoins or other crypto currencies for solving the problem. … Read moreCryptocurrency Definitions: Block Reward

Cryptocurrency Definitions: Mining

What Is Mining Cryptocurrency mining is the procedure whereby cryptocurrency tokens are all released to come to circulation. Let’s examine the process with bitcoin. Essentially, it entails solving a computationally tough math equation to find a new cube, which can be added to a blockchain, and getting a reward of couple bitcoins for solving the … Read moreCryptocurrency Definitions: Mining