synn

  • Who Is It For?

    Apple iOS 14.1 has been released for every iOS 13-compatible device. That means the iPhone 6S and newer and 7th generation iPod touch. An update notification should arrive automatically but, if not, you can trigger it manually by navigating to Settings > General > Software Update. Beta testers, if you are running iOS 14.2 (see…[Read more]

  • Bitcoin’s price dropped earlier on Friday after crypto exchange OKEx suspended withdrawals, but analysts told CoinDesk they don’t think significant further losses are likely.

    The top cryptocurrency by market value fell around 3% in the 30 minutes to 04:30 UTC, according to CoinDesk’s Bitcoin Price Index.
    The move happened after OKEx announced an…[Read more]

  • Bitcoin will surge to $1 million in 5 years by an ‘enormous wall of money,’ former Goldman Sachs hedge-fund chief says
    Shalini Nagarajan

    The price of bitcoin could hit $1 million in five years, up from about $11,000 now, thanks to an “enormous wall of money,” a former Goldman Sachs hedge-fund chief said in a recent interview.
    Raoul Pal, who has…[Read more]

  • Volkswagen AG is in a position to overtake Tesla Inc., both in terms of e-car manufacturing numbers and software development, works council chairman Bernd Osterloh told Welt am Sonntag in an interview.

    “If Tesla sets up three factories where 300,000 to 500,000 cars can be produced, then we are talking about a number of units between 900,000 a…[Read more]

  • Bitcoin has struggled this week with wild price swings keeping traders on their toes.

    The bitcoin price, down 12% on seven days ago, is bouncing around $10,000 per bitcoin as bullish investors jump at the opportunity to buy at under the psychological level.

    With the former chief executive of Prudential Securities naming Labor Day, Monday…[Read more]

  • Devere Group CEO Nigel Green predicted last week that the U.S. presidential election and a weak dollar will drive the price of bitcoin for the rest of 2020. Following the Federal Reserve’s policy shift on inflation, he also warned about investing in the stock market. Devere Group, established by Green in 2002, describes itself as one of the w…[Read more]

  • Bitmex Restricts Ontario Residents as Ordered by Canadian Regulator

    Cryptocurrency derivatives exchange Bitmex will be restricting access to users from Ontario, Canada, starting the beginning of next month. The company says the restrictions are mandated by the Ontario Securities Commission (OSC).

    Bitmex Stops Servicing Users in Ontario
    Bitmex, a…[Read more]

  • The dollar’s share of trade between Russia and China was only 46% of settlements in the first quarter, the Financial Times reported Monday, citing recent data from Russia’s central bank and the Federal Customs Service. This was the first time the use of the U.S. dollar for settlement of trades has fallen below 50%. The euro, on the other hand, rep…[Read more]

  • The bitcoin price, after crashing to under $4,000 per bitcoin in the broad March coronavirus crash, has bounced to around $12,000—boosted by some high-profile investors betting on bitcoin.

    Now, bitcoin and cryptocurrency asset manager Grayscale has said “the current bitcoin market structure parallels that of early 2016 before [bitcoin] began its…[Read more]

  • The Background

    Ethereum mining has evolved considerably over the last few years. There’s a drive towards greater and easier participation, and away from the realms of the tech-savvy early adopters. Complicated command-line mining tools have become easier to use, and streamlined. GUI mining software has sprung up that makes it really simple to g…[Read more]

  • How do I mine Litecoin?
    Assess the pros and cons of each of the three mining methods outlined above. Once you’ve decided which method is the right choice for you, read on for step-by-step instructions on what you need to do to start mining Litecoin.

    Method 1: How to mine Litecoin at home
    Create a Litecoin wallet. Before you start mining, make s…[Read more]

  • Monero is a privacy-focused coin which currently sits around the top 10 of Cryptocurrencies by marketcap. Mining Monero can be a profitable venture due to its cryptographic algorithm which is resistant to ASIC’s mining. This means that anyone with a CPU or GPU can mine for Monero.

    This guide will show you what software programs you need, and h…[Read more]


  • Mining
    Cryptocurrency mining includes two functions, namely: adding transactions to the blockchain (securing and verifying) and also releasing new currency. Individual blocks added by miners should contain a proof-of-work, or PoW.

    Mining needs a computer and a special program, which helps miners compete with their peers in solving complicated…[Read more]

  • synn started the topic Mining Pool in the forum Mining Information 1 year, 6 months ago

    Mining Pools are a cooperative miner group that agrees to share block rewards in proportion to the mining hash power contributed.

    While mining pools are desirable for the average miner as they facilitate rewards and increase them more predictable, which unfortunately concentrate powers to the mining owner.

    However, the miner can choose to…[Read more]

  • whattomine wesite is usefull to calculate how profitable it is to mine selected altcoins in comparison to ethereum or bitcoin.

    Choose your graphic card type and then press Calculate button. After press Calculate button, you can scroll down to see the cryptocurrency table, you can check profit from the mining. See below.

     

  • Cryptocurrency mining allows cryptocurrency to function as a decentralized, peer-to-peer network without a third party central authority. Cryptocurrency mining is the process of verifying transactions between users, adding them to the blockchain public ledger, and adding new coins to existing circulating supplies.

  • synn and Profile picture of StephenStephen are now friends 1 year, 7 months ago

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