What is Bitcoin Mining?
What is Bitcoin Mining? A Step-by-Step Guide
Bitcoin may be the next big thing in finance, but it can be difficult for most people to understand how it works. There is a whole lot of maths and numbers involved, things which normally make a lot of people run in fear. Well, it’s one of the most complex parts of Bitcoin, but it is also the most critical to its success.
Crypto mining influencers
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NVIDIA Lite Hash Rate (LHR) has been fully unlocked
NiceHash confirmed they have fully unlocked LHR GPUs through its newest software. The LHR cards were meant to lower the performance of NVIDIA RTX 30 cards for Ethereum and other Altcoins mining with graphic cards for more than a year. Now the software unlocks 100% for all RTX 30 cards with LHR except RTX 3050 and RTX 3080 12GB.
How to build a GPU mining rig
“Mining rig" is a customized PC which has all the common elements of a PC. You need to connect multiple graphics cards to a single system, which means you also need a mining motherboard to handle a lot of GPUs. The most important aspects to consider when building a mining rig are power consumption and efficiency of the mining process, the block reward, hardware prices and the value of the currency.