Asic miners are application specific computers that are built for one purpose – to mine as fast as possible, and to use as little electricity as possible (actually that’s two reasons). There is so much mis-information out there it’s incredible. Just the other day I did a search for the specific definition of ASIC (which […]
Here’s what’s trending from the past week:
The Asus Prime mining motherboard has 7 PCIe slots, and 2 – M2 slots allowing for 9 mining GPUs to be hooked up at once. 3 of the slots are PCIe 16x, and the other 4 are 1x slots that will require riser cables. And, if you want to go above 7 GPUs in the […]
The MSI z270 series motherboards are a great choice for mining rigs. They are reliable, stable, easy to configure, and are popular among gamers – which means better resale, and tons of online tutorials in case you encounter any problems. My top choice would be the Z170a M5 motherboard, but it’s older than this M7 […]
There’s still confusion among the general public about how or why cryptocurrencies are necessary. Check this out for an example: a $10 billion transaction was sent using XRP (Ripple), for a total transaction cost of 0.000012 XRP (merely pennies). Compare that to any percentage that a bank, or Western Union, etc, would charge, and you […]
Mere months ago, back in October 2017, JPMorgan’s CEO Jamie Dimon said that digital currency was “stupid” and a “great product” for criminals. He even went as far as saying, “If you’re stupid enough to buy it, you’ll pay the price for it one day.” Dimon had also said that it was a market bubble […]
In the spirit of the Lunar New Year 2018, Bitmain (one of the largest producers of Bitcoin ASIC mining machines – and recently others, like Litecoin, Dash, etc) has given out coupons to past customers. The Lunar New Year Coupons were given to all customers who had paid for an order as of February 27, […]
It’s a common problem – a multiple GPU mining rig has one GPU that isn’t hashing as well as it’s brother and sister GPUs. The question is asked in a forum, or other message board, because the rig owner wants someone to fix it for them. But all too often, no details are given, and […]
Warran Buffet says “The stock market is a device for transferring money from the impatient to the patient.” That doesn’t just apply to the stock market, that applies to most markets and especially to cryptocurrencies! As banks like Goldman Sachs come out with silly statements, like last week when they said that most cryptocurrencies are […]
Yes! Yes you can, this is how Bitcoin mining started. However, as time has passed, and new mining hardware called ASICs have been introduced, mining with a CPU is like “an ant fart in a hurricane” (source). Keep reading for details: Can I mine Bitcoin with a CPU? A CPU can make a few hundred […]