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.
What is Cryptocurrency?
When Satoshi Nakamoto created Bitcoin in 2009, he also created the first blockchain network. Today, there are thousands of different blockchains and cryptocurrencies in the world. So what is a blockchain and what is a cryptocurrency? In this post, we will talk about cryptocurrency.
Crypto mining influencers
Meet our Crypto mining influencers here!
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 but you need to connect multiple graphics cards to a motherboard, 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.