A closer look at Litecoin mining: Is it worth doing ...

News  

Shares

The era of Bitcoin mining on the GPU is dead. A year ago, a single Radeon graphics card could crank out a reasonable fraction of a Bitcoin in a single day.

Today, that same GPU earns a thousandth of a Bitcoin in 24 hours, generating little value while consuming a substantial amount of power. The shift to ASICs for Bitcoin mining mirrors the shift from CPUs to GPUs, but the market...

Read more


Website: https://www.itproportal.com

How to get started with Bitcoin mining — Canada's Bitcoin ...

The first question you might have is "What is Bitcoin mining?" You've heard how Bitcoin miners "create money" by pulling Bitcoins out of seemingly thin air, but there is a method to the madness, don't worry. Read on, and your questions will be answered.

Bitcoin mining is the process that is used to secure the Bitcoin network! Computers are connected to the network, and they run the Bitcoin...

Read more


Website: https://coinforum.ca

Building a Crypto Currency Mining Machine - Part Three

Building a Crypto Currency Mining Machine - Part Three

By Jeff Checchi, on March 04, 2014 07:00 PM

In the� last part of this series �Jon Gerow talked about the hardware we chose for this build and how we put it all together. This time I am going to to give you a general overview of what the mining process actually entails, and talk a little about the software configuration and how I got...

Read more


Website: http://www.corsair.com

Will Mining Cryptocurrency Harm My GPU In the Long Run ...

Will Mining Cryptocurrency Harm My GPU In the Long Run?

Will Mining Cryptocurrency Harm My GPU In the Long Run?

Pin

Shares 12

Interest�in mining cryptocurrency has skyrocketed lately. This has caused a major wave of sales of�PC graphics cards, which has actually driven up the price of many mid-range cards. Mining with a GPU may even turn a profit if one�has access to cheap electricity....

Read more


Website: https://themerkle.com

Related topics : cryptocurrency mining hardware gpu / cryptocurrency mining hardware requirements / cryptocurrency mining rig / cryptocurrency mining hardware manufacturers / cryptocurrency mining hardware

Mastering Bitcoin, Chapter 2: How Bitcoin Works - Atlas Beta

blockr Block Reader

Each of these has a search function that can take an address, transaction hash, or block number and find the equivalent data on the bitcoin network and blockchain. With each example, we will provide a URL that takes you directly to the relevant entry, so you can study it in detail.

Bitcoin Overview

In the overview diagram shown in Figure�2-1 , we see that the bitcoin system...

Read more


Website: http://chimera.labs.oreilly.com