Genesis Mining Review: Are they the best? Why care about cloud mining? Ever since the advent of cloud mining, we were skeptical to the authenticity of these dubious company’s claims. It was a way for people to “invest” upon a random return, how strange right? Cloud mining has always kept us watching, and for once …
Bitcoin Miner Review: Antminer S5 Bitmaintech’s Antminer line of bitcoin miners have constantly evolved since the S1. The Antminer S5 stands as a testament to Bitmain’s technological prowess. Using less than 600 W and hashing from 1.1 Th/s to 1.4 Th/ along with a simple setup, low noise and heat make this bitcoin miner suited for home bitcoin mining …
Bitfury bringing mining back to consumers? Bitcoin mining was intended to be available to anyone with a AMD GPU, but with the advent of ASIC miners, bitcoin mining’s initial investment for a profitable operation has soared. Bitfury is introducing a 16nm ASIC chip which excpetional efficency at low power mode. Will it change the mining community? …
Will Bitfury 16nm make Bitcoin mining accessible to consumers? Read More »
2015: The Fall of Cloud Mining? Aside from a childish obsession with printing money, bitcoin mining is fascinating. Despite the collapse of many bitcoin mining companies in 2015, our interest in bitcoin cloud mining hasn’t faded. Many reputable companies, such as one we were looking to purchase from, Cointerra, filed for bankruptcy earlier this year. 2015 has been …
CEX.IO Temporarily Suspends Cloud Mining What a great deal for CEX.io. If we initially trusted our money on CEX believing we could have made our money back in 4 months on about 1000$. The main thing is never pay to have your money given back to you without interest, a bank seems like a better …
Bitcoin Mining “Discovers” New Bitcoin Traditional economies are focused around the transactions that occur with fiat money. In the USA, our fiat currency is created by the Federal Reserve and printed by the US Treasury. The underlying mechanics can get complicated, but essentially, the government controls the production of money, paper money (fiat currency). Bitcoin is …
What is Bitcoin mining? Why are Bitcoin miners important? Read More »
Cex.io Review: Is CEX.io Really a Revolutionary Exchange? Cryptocrooks is reviewing a variety of bitcoin/cryptocurrency exchanges. Is the cryptocurrency exchange CEX.IO. and affiliated company contract mining service GHash.IO worth using as a main exchange? CEX.IO is a cryptocurrency exchange allows you to trade between several alt coin pairings and global currency pairings. CEX.IO and GHash.IO …
ButterflyLabs is now under investigation by the FTC. http://www.ftc.gov/system/files/documents/cases/140923utterflylabstro.pdf I was always tempted to order the equipment from there many, many months ago. The allure factor was certainly present on a simple premise. Purchase a bitcoin miner then proceed to mine bitcoins with the miner and make more money mining the bitcoins than you …
Dedicated Bitcoin mining computers, aka ASIC (Application-Specific Integrated Circuit) Cointerra IV Setup for Bitcoin Mining The Cointerra IV was launched for public purchase in January of 2014. I recently got my hands on the early January Batch in the end of August. I am reviewing the miner as my experience with it as many people …
Cointerra Terraminer IV Review: Cream of the Crop, for NOW Read More »
