Home Mining


What is Bitcoin mining?
Bitcoin, Bitcoin Cash and other cryptocurrencies are created by mining. It is a computation of a complicated mathematical problem for which a successful miner receives a share of coins.

The mining company groups selected unconfirmed payment transactions (Bitcoin transfers from account to account entered by network users) into the so-called block. The transaction is selected by the particular miner(s) at its discretion, the basic criterion for including or not including a transaction in a block is the fee that users offered when entering the transaction. Charged transactions will, therefore, be confirmed sooner.
The block must contain at least 1 transaction.
The solution to the mathematical task is to find a certain value depending on hashing functions, grouped transactions, and the current so-called limit. Because of the hash function, finding the right solution is random, so it generally depends primarily on the performance of the machines looking for the solution, not on the skills of the miner. A limit is a number set at any moment so that the solution of the currently solved blocks can be found on the whole network on average once every 10 minutes, so finding the solution is more difficult the more efficient the whole network is.

Tesla car mining crypto is the future now

Tesla car mining crypto is the future now

Tesla owners are now mining crypto using energy from their cars. This electric vehicle company is probably the best-known name in the...
What does staking crypto mean - in-depth look

What Does Staking Crypto Means? – In-depth look

If you've been in cryptocurrencies for at least a while, you know that today's cryptocurrency world can't do without staking. Under the...
What is cryptocurrency staking and 3 best coins

What is Cryptocurrency Staking – The Best 3 Coins

To answer what is the cryptocurrency staking you will need to know more about this topic. It could be a little bit...
Crypto Apps banned on Google Play

Crypto Apps banned on Google Play

Google Play bans 8 "deceptive" crypto applications. A Trend Micro report says more than 120 fake cryptocurrency applications are still running in...
Bitcoin cryptocurrency price latest News

Bitcoin Cryptocurrency Price and Latest News

Recently, investor sentiment to bitcoin reversed. This after Elon Musk responded to the fall in the bitcoin exchange rate. Also after he...
Bitcoin Hashrate slowly recovers

Bitcoin Hashrate slowly recovers

Bitcoin's Hashrate slowly recovered between 85 exahashes per second (EH/s) and 125 EH/s on July 14. The following change in mining difficulty...
Is Bitcoin mining profitable in 2021?

Is Bitcoin mining profitable in 2021?

In recent weeks, there has been a targeted crackdown on the entire Chinese cryptocurrency industry. That is why we try to answer...
Bitcoin Conference in Miami 2021 edition

Bitcoin Conference in Miami – 2021 Edition

On June 4 and 5, 2021, the largest bitcoin conference in the world was held in Miami, USA. Many important personalities spoke...
What are Cryptocurrencies? Learn all about crypto

What are Cryptocurrencies? Learn all about crypto

Cryptocurrency is a modern kind of money in digital or electronic form. The oldest and best-known representative of virtual currencies is Bitcoin,...
Bitcoin network power consumption ATH

Bitcoin Network power consumption at ATH

In the Bitcoin community, the topic of energy consumption of Bitcoin networks has reopened in recent days. It has reached historical highs,...