Bitcoin (BTC) has always been the most popular cryptocurrency in the world. Let us discuss some of the critical factors on which Bitcoin Mining depends.
- Vivek Sancheti
- Oct 09, 2018
Cryptocurrency Mining is used to generate minable cryptocurrencies like Bitcoin, Ethereum, etc. Mining requires immense energy and manpower to solve complex algorithms. People who set up systems to perform mining activity are called miners. Miners are rewarded with some share of the cryptocurrency on successfully mining a block.
Related Links: Cryptocurrency Mining Calculator
The China-headquartered Bitcoin (BTC) mining giant BitMain Technologies has officially filed draft IPO (initial public offering) papers with the Stock Exchange of Hong Kong (HKEX) and the Securities and Futures Commission (SFC) of...
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Eternal Blue, a leaked software from the National Security Agency (NSA) is one of the key reasons for the 459% spike in illegal crypto-mining.
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The Economic Times points out that several government websites are being used by hackers to mine for cryptocurrency using the processing powers of the visitors
It says that other sites have deployed crypto mining scripts that silently mine cryptocurrencies on the user’s device and practices like these make the web a more hostile place to be.
A key aspect of this latest release from the company is that of the fact it is a water-cooled miner.