Tag: monero mining

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…



Silver mines in Israel have more jobs than gold mining jobs

An Israeli gold mining company has hired a new worker, but his main job is to mine silver.The newly hired worker, who did not want to be named, said he has no job in the silver mines and is just looking for another position to help the company.“The job is very tough,” the employee told…



When did bitcoin rise to the top of the cryptocurrency world?

There’s a new meme circulating around crypto-land these days, and it’s the one about the cryptocurrency rising to the forefront of the global economic landscape.In 2016, bitcoin was just a little more than a year old, and the bitcoin community had been living in relative bliss for the better part of the past few years.But…