What is the probability of winning 6.25 bitcoins by mining alone, i.e. without using a pool?
What is the probability of winning 6.25 bitcoins by mining alone, i.e. without using a pool?
A solo miner defies the odds and hits the jackpot! With a one in 5,500 chance, this independent miner struck gold by solving a Bitcoin block worth 6 BTC, approximately $160,000. What makes this remarkable feat even more impressive is that it was achieved using mining hardware that is six years old.
Every four years, the Bitcoin protocol experiences an event known as the Halving. It is undoubtedly one of the most significant events in the network. This highly anticipated event involves a change in the protocol's monetary policy by halving block rewards. In April 2024, the block reward will drop to 3.125 BTC. With this crucial deadline approaching, how can you best prepare?
The hashrate of Bitcoin broke its record on Tuesday, May 2. How can we explain such a sudden increase?
It's time for Deskoin to get a makeover. After several weeks of hard work, its developers (finally!) present a new version of the platform. Several features are now available to users. You will find all the details in this article.
In less than a year, the next Bitcoin Halving will take place. If history repeats itself, we may be on the verge of a new all-time high (ATH).
The Russian mining industry is experiencing strong growth, with BitRiver leading the way, propelling Russia into the top 3 globally.
Currently, the price of Bitcoin (BTC) is on an upward trajectory, which is excellent news for investors. After all, this bullish trend represents a significant opportunity for them to make substantial gains. However, Justin Bons, founder of Cyber Capital, believes that the flagship crypto could become a victim of its success. Here's why.
In cryptocurrencies, a block reward is the reward given to miners who have added a block to the blockchain. Depending on the digital asset in question, the attribution of these rewards may vary. However, in most cases, people who insert a block into the blockchain receive some of the coins…
So you’ve got the crypto basics down and then you start to learn about Ripple… wait, what, it cannot be mined? Well, not directly at least. Ripple was designed to be used as currency through a centralised payment system. While this is its advantage, it is also the main…
Profitably mining Bitcoin as an individual is now a distant memory. As such, Litecoin, one of its closest cousins, sometimes referred to as the ‘digital silver’ (Bitcoin being the digital gold), should catch your attention. Before you start mining Litecoin, however, it is important to look at the reasons for…
Ethereum is the name of a network but more precisely of a blockchain. Each person who makes their own computing power available to the Ethereum blockchain receives ether (ETH), the currency of the network, in return. Therefore, when you mine Ethereum it means you earn ETH in return for an…
Mining is one of the ways to obtain bitcoins without having to buy or trade them with other cryptocurrencies. Mining BTC means you are at the start of the Bitcoin process, from the very beginning of when this virtual currency is created. So, how is it mined? What computer equipment…
Bitcoin mining is attacked as a particularly controversial activity in mainstream media for its supposed monstrous carbon footprint. However, this sector fascinates people around the world, including those within the crypto community, in part due to a certain opacity that shrouds it in mystery. Who are these miners and is…
Many people dream of being able to earn ether without investing a penny in it. But is that really possible? If so, can you become rich doing it? And more importantly, how? In today’s article, we’ll see the different options available to you to try to get ETH without having…
More and more people are looking to get their hands on some bitcoin (BTC). Some of these people believe that it is possible to get bitcoin for free. Unfortunately, this type of reasoning provides fertile ground for scammers who wish to take advantage of the greed of some to…