World’s Largest Bitcoin Mining Operation that is Earning $8 Million a Month The largest Bitcoin mining operation in North America is earning its owner $8 million worth of Bitcoins a month. Dave Carlson is running the Bitcoin mining facility in two warehouses at an undisclosed location in Washington state. Carlson invited a local Seattle Continue reading “World’s Largest Bitcoin Mining Operation that is Earning $8 Million a Month”
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Butterfly Labs announces Four Weeks delay for 28nm Monarch
Butterfly Labs announces Four Weeks delay for 28nm Monarch Butterfly Labs (BFL) has sent out email to its customers that initial testings of the Monarch was seen with a 20 percent increased performance in power consumption. The 0.45W/GH rating makes BFL’s Monarch twice as power efficient as all the other 28nm competition. However, the Continue reading “Butterfly Labs announces Four Weeks delay for 28nm Monarch”
Can Bitcoin Mining still be Profitable?
Can Bitcoin Mining still be Profitable? I would go for a change and talk about Bitcoin mining instead of alternate coins, like Litecoin. There are certainly some big hype surrounding it. Bitcoin mining is different from alternate coin mining, as there are application-specific integrated circuit (ASIC) chips designed specifically for the sole purpose of mining Continue reading “Can Bitcoin Mining still be Profitable?”
How to mine Bitcoin – Beginners Guide
How to mine Bitcoin – Beginners Guide Bitcoin value has exploded recently with the intervention of Federal Reserve Chairman, Ben Bernanke where he commented that “they may hold long-term promise” during last week’s U.S. Senate hearing on the Potential Risks, Threats and Promises of Virtual Currencies. It is introduced in 2009 as a peer-to-peer payment Continue reading “How to mine Bitcoin – Beginners Guide”
ASrock announces two motherboards for Bitcoin mining
ASrock has announced motherboards claimed to be the first designed for Bitcoin mining Bitcoin is a peer-to-peer digital currency which uses a one way hashing function to validate transactions. In recent months, Bitcoin is gaining more and more popularity and growth all over the world. Germany recognises Bitcoin as a legal tender and there’s also Continue reading “ASrock announces two motherboards for Bitcoin mining”