Tag: mining ethereum 2021

Which Bitcoin Mining Software Is Best for Mining Ethereum?

A new report by CoinDesk suggests Bitcoin miners need to consider whether they should upgrade to Ethereum (ETH) or another mining software for Ethereum (Ethereum Classic) to increase the security of their mining operation.CoinDesk conducted an analysis of the market’s most popular cryptocurrency mining software and found that the two cryptocurrencies have very different benefits.The…



Why Ethereum Is More Than Bitcoin, Its Its a “Smart Contract Machine”

When you’re talking about smart contracts, you need to know what it means to make a smart contract.If you’re going to be using a smart contracts platform, you want to know how to make it work.There are three main areas that smart contracts can take part in: the contract itself, the data and the code.And,…



What is Open Pit Mining?

The latest news about cryptocurrency mining has been all about the cryptocurrency itself, with many mining rigs getting the crypto-mining title of the year.Open pit mining is a method of mining where one uses a computer or device to create a virtual machine that takes advantage of the computing power of a mining rig.This process…



Blockchain has the potential to change the way we understand our place in the universe

By 2021, the future of blockchain could be in your hands.That’s the prediction of the blockchain researchers at the University of Toronto, and they’re betting that it’s going to change how we understand how we use and interact with the internet.The study’s co-author, James Dolan, has spent his career studying how networks work, but his…