What is miner hosting, and how can you benefit from it? When you are considering getting in touch with miner hosting you will be able to host and store your servers (usually ASIC miners for Bitcoin) at a colocation centre. Depending on your budget and your needs you can choose from different facilities. Those colocation…
What is a mining pool?In a mining pool several miners combine their individual computational power, which helps to achieve the desired output faster and the chance is higher to discover e.g. bitcoins. It is recorded how much work each participant is doing, and then they split the reward among the various pool members afterwards. By…
Ethereum introduction Ethereum is – like bitcoin – a public blockchain and the second largest cryptocurrency. This technology makes it possible to transfer digital money without banks or other financial providers. It is based on the bitcoin innovation and technology, but there are big differences between those two. The biggest difference is, that Ethereum is…
Bitcoin is a digital or virtual currency. Mostly called cryptocurrency. It can be used to purchase products and services and do financial transactions. Bitcoins are protected and stored in digital wallets (mobile apps on smartphones or computer programs). If you send or receive bitcoins, it is recorded in a public list, the blockchain. Bitcoin MiningFurthermore…