Cryptocurrency Mining

At the annual International Consumer Electronics Show (CES) in Las Vegas, Nvidia unveiled the next-generation RTX 2060 6Gb graphics card based on the new Turing architecture. This graphics card belongs to the mid-price segment and will replace the previous-generation GTX 1060 graphics card, which is popular among

Mongolia is known for its cheap electricity, and it is not surprising that mining companies choose this country for cryptocurrency mining. Thus, the Japanese company Ginco Mongol plans to significantly expand its mining capacity in Mongolia — at least 1000 new miners will be launched this year...

The 60-millionth coin has been mined on the Litecoin cryptocurrency network. The milestone LTC crypto coin was mined on Saturday, January 12. Thus, to date about 71.5% of the total issuance of 84,000,000 LTC has been mined...

Despite the fact that the ProgPoW (Programmatic Proof-of-Work) algorithm existed earlier as well, until recently it did not generate such a buzz around itself. However, after Ethereum's (ETH) decision to switch from Ethash to ProgPoW in the near future, interest in this algorithm is beginning to grow...

The response to the Ethereum developers' decision to block ASIC miners' access to the Ethereum network was the intention of the Chinese mining company Linzhi to develop a new ASIC miner that will make it possible to mine Ethereum (ETH) using a new algorithm – ProgPoW...

Ethereum developers have decided to take a new step in the fight against ASIC mining by introducing a new algorithm that will close access to the network for miners using ASIC equipment, leaving mining to those who practice cryptocurrency mining in the traditional way...

From time to time you can hear claims that the Ethereum cryptocurrency uses too much energy during mining and is therefore inefficient and harmful to the environment. After repeated claims of this kind, Ethereum decided to switch to Proof-of-Stake...

On the night of January 1, the mining difficulty of Bitcoin rose by about 10 percent. At block 556416 it stood at 5.62 T. Similar figures were last recorded in October 2018...

Mining Bitcoin is unprofitable as of today, since the costs of mining this cryptocurrency have begun to exceed its exchange rate. Mining companies are reporting bankruptcy.

On the night of Wednesday, December 19, the difficulty of mining Bitcoin fell by 9.5%, which increased the profitability of mining the cryptocurrency. At the beginning of winter, the mining difficulty of Bitcoin underwent the second largest drop in its entire history — by 15%...