Mining, Cryptomining

Mining is the term used to describe the process of extracting cryptocurrency tokens from a blockchain network. This involves having computers continuously run a hashing algorithm, which takes an arbitrarily large amount of information and condenses it to a string of...

What software do I need to mine Bitcoin?

When you buy a mining rig it is designed to do one thing and one thing only.  Its made to run hard, and run fast, an algorithm.  Each coin has its own mining software that is easy to install, but you might need someone familiar with computers to troubleshoot any...

Do I need a mining pool?

The amount of calculations needed to earn a single Bitcoin are immense.  The best way to hedge your bets is to get to a mining pool.  These are organizations that allow you to share the workload for small fee and increase the likelihood of return.   There are several...

Blockchain

Blockchain is a new way of sharing information that is extremely resistant to hacking. It may be the future of information exchange, but currently, it is mostly associated with bitcoin and cryptocurrency.  Its similar to the way windows manages programs on your...

Cryptocurrency

What is a Cryptocurrency? This is two words bashed together, the first is Crypto, from the word cryptography.  We use it in the word in encrypted. In the easiest terms, its a secret way of writing using math or patterns to keep a message safe. Currency is a system of...

Hash Rate

Hash Rate – A Hash is the mathematical problem the miner’s computer needs to solve. The Hash Rate is the rate at which these problems are being solved. The more miners that join the Bitcoin network, the higher the network Hash Rate is. The Hash Rate can also refer to...