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That means you’ll need to invest into proper mining equipment to start this process. One standard rig is made out of a processor, a motherboard, cooling, rig frame and, of course, a few (2-8) graphics cards. Cloud mining is a process where you pay someone (most often it’s a big…

There are several concerns about Bitcoin mining’s environmental impacts and carbon footprint. For instance, the energy required by the network is vast, approximated by some to equal the energy used by smaller countries. As you see here, the contribution to the Bitcoin community is that the pool confirmed 1,768 transactions…

To unlock a block in the chain, you need to validate it by solving a complicated equation, usually in the form of something called a hash. A hash is a random set of characters and numbers which, with the right key, reveals the original message; it’s a basic part of…

With Ethereum, the current network hash rate is now over 1 PH/s, or 1 billion MH/s. Even if you had a farm of 100 RTX 3080 GPUs each doing 95MH/s, that’s only 0.0009% of the total. Mathematically, Ethereum averages around 6500 blocks per day, so your odds would be about…