What is cryptocurrency pool mining? In the early years of bitcoin, anyone could mine effectively with a CPU. However, as the market grew, so did mining technologies. Now, it is unprofitable to mine with a CPU as there are faster, more efficient, and expensive technologies in the market that dedicate all their resources to crypto...
Bitcoin mining giant Bitmain has disclosed its cutting-edge ASIC chip developed to be used in the company’s new “Antminer” crypto mining machines, according to a Reuters report from September 21st. An Application-Specific Integrated Circuit (ASIC) chip is a bit of custom fitted mining equipment created to mine cryptocurrencies based on a special hashing algorithm. Bitmain CEO and...