Tuesday, November 20, 2018
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How Crypto Market Fall Influences Mining Hardware Sales and Producers’ Revenues

A year long bear crypto market appears to have had a negative impact on the profitability of cryptocurrency mining. In spite of this, Bitcoin miners still managed to generate $4.7 billion in profit in the first six months of 2018. Constantly growing competition between big mining pools and the increasing

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After Pulling Stunts on Warren Buffet and Jamie Dimon, Genesis Mining – the World’s Leading Cloud Mining Company, Does It Again!

Genesis Mining has made a name for itself in the crypto industry as one of the leading, and a reliable mining contracts provider. While the platform has got a strong following of crypto-miners, enthusiasts, and professionals, it is also known to take initiatives towards creating awareness about cryptocurrencies, their underlying

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Swedish County Battles with Unpaid Electricity Bills Left by Bitcoin Mining Companies

The Swedish county of Norrbotten has seen the failure of not one, but two recent cryptocurrency mining initiatives, has two companies have disappeared leaving millions in unpaid electricity bills, Sverige Radio reported on November 13, 2018. Crypto Mining in Sweden Stalls as Companies Bail The prolonged bear market of 2018 appears

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Ethereum GPU Mining Profitability Has Declined Dramatically: New Research

Twitter Facebook LinkedIn New data released by global trading and technology firm Susquehanna has revealed that the profit per month earned for mining Ethereum using a GPU mining rig has fallen as far as zero in November, down from about $150 in summer 2017. The data indicates that in addition to the dominance

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