Is Staking Profitable in 2020?
In a simple answer, YES! Staking is profitable. By description, staking is just the process of buying and holding crypto in your wallet and earn profit from it. That process ...
Tag: crypto mining
Bitcoin Just Underwent Third Halving in Its History, What Next?
Bitcoin has just experienced a one-in-four-year event, the third halving event. That has now cut the miner block reward from 12.5 BTC to 6.25 BTC. This event was most-anticipated in ...
Crypto Markets Uncertain As Bitcoin Halving Event Nears
The largest and the leading crypto by market capitalization, Bitcoin (BTC), will undergo a pre-programmed block reward reduction in hours from the time of writing. Bitcoin halving occurs in roughly ...
Riot Blockchain Spends $2.4 Million To Buy 1,000 Bitmain Miners
US-based crypto mining company Riot Blockchain recently bought 1,000 next-generation S19 Pro Bitmain Antminers. It spent $2.4 million on procuring the machines. Big order from Riot Nasdaq-listed Riot Blockchain placed ...
SBI, GMO Partners With World’s Largest Bitcoin Mining Site Operator
The latest reports revealed that the operator of the firm that will soon become the biggest Bitcoin mining facility globally signed a mega-deal with GMO internet provider and Japanese financial ...
Bitmain Might Offload 50% of Staff Before BTC Halving
The mining industry keeps suffering whenever the crypto markets plunge. In that context, Bitmain, the crypto mining giant, is reportedly planning to reduce its workforce by an additional 50%. On ...
Bitcoin May Plunge to $4,500 But Most Miners Are Already Dropping Out
The Bitcoin price has almost bottomed out for 2019. However, there is a major threat that still remains for the markets to drop to $4,500 according to Willy Woo. The ...
Iran Cracks the Whip on Illegal Cryptocurrency Mining Operations
Crypto mining activities are seemingly increasing despite the price drops in the digital assets markets. In that context, Iranian authorities are striving to curb illegal crypto activities. According to the ...
Masternodes Explained
Masternodes are described as servers that can be found on decentralized networks. These servers have unique functions that make them significantly different from ordinary nodes. The ordinary nodes normally cannot ...
It Will Become Impossible to Buy 1BTC After the 2020 Halving; Why?
The nascent crypto industry is ever-changing and ever-growing. In that context, several events are scheduled to take place in this space in the coming year. One such event is the ...