Mining 101
Basic concepts, beginner guides and weekly market information for miners.
32 articles
- Weekly Market Information Issue No.13Mining Company Update Mining company Marathon Digital mined 2,811 Bitcoins in the first quarter Bitcoin mining company GDA partnered with Argentine power company YPF Luz to establish a Bitcoinmining in Argentina powered…
- Weekly Market News Issue No.12Mining Company Update Stock prices of several Bitcoin mining companies rise after Bitcoin halving Crypto mining company Argo mined 1,760 Bitcoins last year, generating $50.6 million in revenue Stock prices of several…
- Weekly Market Information Issue No.11Mining Company Update Crypto mining company Core Scientific announces plans to expand its Denton, Texas mining farm capacity by an additional 72MW 7 leading mining companies collectively hold $2.79 billion worth of…
- What is the Blockchain?Concepts and characteristics of blockchain 1. Definition of Blockchain Blockchain is a distributed database technology that utilizes cryptography to segment data into units called "blocks," which are linked in…
- Weekly Market Information Issue No.10Mining Company Update Bitcoin mining company Arkon Energy plans to list on the Euronext Amsterdam Stock Exchange Mining company Digihost's assets grew by 60% month-over-month due to a hosting agreement with a miner…
- Weekly Market Information Issue No.9Mining Company Dynamics Marathon Digital signs a final purchase agreement for $87.3 million to acquire Applied Digital's Bitcoin mining data center Marathon Digital signs a final purchase agreement for $87.3 million to…
- Weekly Market Information Issue No.8Mining Company Update Bitcoin mining company Bitfarms launches a $375 million market equity offering plan Canaan Creative's revenue for Q4 2023 is $49.1 million, with mining revenue of $3.7 million Cryptocurrency miner…
- Exploring the Blockchain World: Understanding the Basics and Comprehensive IntroductionIf we consider the birth of Bitcoin as the industry's inaugural year, the blockchain industry has developed over 15 years. It has evolved from its initial hype and speculative trading into a technology concept with…
- Weekly Market Information Issue No.7Mining Company Update Hong Kong's West Data Group to collaborate with Ethiopian Investment Holdings for Bitcoin mining Hong Kong's West Data Group to collaborate with Ethiopian Investment Holdings for Bitcoin mining Hong…
- Weekly Market Information Issue No.6Mining Company Update Bitcoin mining company Bit Brother receives delisting notice from NASDAQ Little Bitcoin Deer produced 330 bitcoins in January, a 123% increase compared to the same period last year Bitcoin mining…
- Weekly Market Information Issue No.51.Mining company update Bitcoin mining company GRIID is listed for trading on the NASDAQ Global Market Bitcoin mining company Iris Energy has increased its hash rate to 6 EH/s Crypto mining company Core Scientific has…
- Weekly Market Information Issue No.4Mining company update Crypto mining enterprise Core Scientific's restructuring plan has been approved by the bankruptcy court, and it is set to be relisted at the end of January. Agora Digital Holdings, the entity behind…
- Weekly Market Information Issue No.3Mining Companies Update CoinShare: After the Bitcoin halving, the price needs to maintain above $40,000 for most miners to be profitable. Bitcoin mining company DMG produced 72.1 Bitcoins in December, with a current…
- Weekly Market Information Issue No. 2Mining Companies Updates Crypto mining company CoreScientific completed a $55 million equity distribution. Mining company Argo completed financing of approximately $10 million through the distribution of $38 million…
- Weekly Market Information Issue No.1Mining Company Update Crypto mining company HIVE Digital completed an outright private equity financing of $21.78 million. Crypto currency mining company BIT Mining agreed to sell its mining pool business. Celsius’s plan…
- About DogecoinDogecoin (DOGE) Year Founded December 6, 2013 Main Founders Billy Markus, Jackson Palmer Crypto Type Altcoin, Meme Coin Algorithm Scrypt Current Market Supply 100 billion Confirmation Time (per coin) 1 min Introduction…
- ASIC Mining vs GPU Mining1.Mining Hardware Background Currently, the most mainstream mining are GPU and ASIC mining. GPU mining requires a computer to run, in which the graphics card determines the mining speed of the GPU mining setup. The…
- Bitcoin explained and made simple.
- What is Bitcoin?Bitcoin is a revolutionary digital currency born in 2009, after the 2007-2008 subprime mortgage crisis, and created by Satoshi Nakamoto, a pseudonym used by an individual or group of people who released the Bitcoin white…
- What is Bitcoin Mining?
- What are ASIC Miners in Crypto?
- How Does Bitcoin Avoid the Double-spending Problem?Because digital currencies are virtual and may be easier to duplicate than actual cash, the "double spending problem" has always been a difficulty for digital currency systems. For example, if one only has $100 in his…
- What is a Mining Pool in Crypto?
- Bitcoin Lightning Network capacity crosses 3900 BTC marking a new ATHThe Bitcoin LN was first implemented into the Bitcoin mainnet in 2018 and has ever since been able to maintain an upward trajectory in terms of expanding its capacity. Unwithered by the ongoing bear market, Bitcoin’s (…
- What is Mining?Mining is the only way to issue Bitcoin which is an ongoing process by miners across the network to form the blockchain. To explain in vernacular, mining is to record the transactions generated on the blockchain in the…
- How Blockchain Prevents Tampering？One of the benefits of blockchain over centralized monetary systems is security: accounts are anonymous, and there is no inflation caused by currency over-issuance. In the article ‘ How does Bitcoin Avoid the…
- What are ASIC Miners?Bitcoin mining is a process of computational power competition. Therefore, as bitcoin is more and more widely accepted, so do the mining hardware—CPU, GPU, FPGA, and ASIC—which have undergone constant iterations and…
- What is a Mining Pool?With the rising of computational power across the network, it has become progressively more difficult for individual miners to mine coins, and mining pools have emerged as a way to accumulate the computational power of a…
- What is Mining Reward?Miners use ASIC mining machines to mine, paying not only the cost of hardware facilities, but also the electricity. So why are there so many miners all over the world keen on mining? The answer is that mining is rewarded…
- What is Proof of Work (PoW)?The Proof of Work (PoW) algorithm is a consensus mechanism that requires a party of a network to prove a computational cryptographic problem to verify a new block in the blockchain. This form of verification secures the…
- Data CentersData centers are large-scale computational facilities that mine cryptocurrencies. The advantage of data centers is the access to cheap electricity, this provides a great cost advantage for mining compared to…
- What is Blockchain Data Structures?Hash Pointers Hash functions are algorithms extensively used in computer science and cryptography, transforming inputs (or "messages") into fixed-length strings known as hash values or hashes. These functions play a…