Category: Mining

Previous Crypto Mining Scams

Here are the main crypto mining scams that have surfaced so far – these are a mix of cloud mining services, and mining software packages, claiming to offer mining equipment but then running off with customers money.

Read More

Pool Mining

For the majority of cryptocurrencies, mining from home is not efficient or practical. It takes a lot of mining equipment, as well as cooling or fanning equipment, takes up a lot of space (mining rigs and the cooling equipment/ fans required are large) and creates high energy bills.

Read More

Genesis Mining

Genesis Mining is probably the largest and most known crypto cloud mining operation. They are based in Iceland, seem to have a large and fully functioning mining premises, and have paid out reliably to many investors.

Read More

Crypto Online Mining Hacks

One of the latest scams relating to crypto is crypto mining hacks. These are programs that can be downloaded onto your computer – without you knowing about it – that use your computing energy to ‘mine’ cryptocurrency for the hacker.

Read More

Cloud Mining

Cloud Mining means that the mining is done remotely- you can invest a fixed sum in a certain level of hashpower dedicated to mining – the mining is done for you by the third party company, and you will have a contract of a set length where you get a set percentage of the mining rewards for that time.

Read More

Bitcoin Mining in China

China is the world’s powerhouse for Bitcoin Mining- at least 71% (71% is known of, but it could be even more) of the world’s Bitcoin mining takes place in China. This is even despite all the new Chinese regulations against crypto.

Read More
Loading

Post

Recent
Popular
Recent
Popular

Ads