The most well-known cryptocurrency is Bitcoin, and the process of generating new Bitcoin units is called mining. When Bitcoin was new, it was easy enough for tech-savvy individuals to mine their own tokens using store-bought hardware. However, as Bitcoin has grown in popularity, mining has be...
Bitcoin mining software makes use of a computer’s graphics processing unit (GPU) to facilitate the discovery of blocks. The bulk of today’s mining is achieved via a mining pool, which distributes resources and disburses rewards over a network. There is a plethora of Bitcoin mining software ...
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Cryptos are a great new asset class, but it is hard to create a return from them in the same way that cash or a stock creates value. Most people associate stocks with gains from price appreciation, but many of the best stocks pay out dividends. There isn’t really an analogue for thi...
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In early 2015, CEX.io ordered to postpone distributing cloud mining resources. This was associated with the low price of Bitcoin at the period and also the fact that the firm owned no mining hardware. CEX.io can, however, only function as a platform for cryptocurrency exchanges. ...