Succeeding in the cryptocurrency mining industry over the long term may require thinking outside of the box.
The Wall Street Journal recently published a video of a CoinTerra mining datacenter located in Utah.
Manchester, UK-based Alpha Technology, which plans to bring a powerful scrypt miner to market, says that it still has a key partnership with Dexcel Designs in place.
Alpha currently lists two different Viper models on its website: a base model, specced at 50MH/s of hashing power at 375W, and a more powerful version with 250MH/s at 1,875W. Better Business Bureau warns on mining.
Cryptocurrency mining is now drawing the scrutiny of the Better Business Bureau, an independent consumer advocacy group - and it seems CoinTerra is the mining company drawing the most attention.
The BBB offers a number of tips for people interested in acquiring mining equipment to better protect themselves.
According to Coinmarketcap, there are 33 cryptocurrencies with a market capitalization over $1m. So is there potential in mining coins that most people don't know about?
Mining relative unknowns such as infinitecoin and zetacoin could be profitable, but is essentially a bet on the long-term success of altcoins.
With the potential profits from bitcoin mining so high, it is no surprise bad actors are attempting to attack or trick pools, who need to be vigilant about such attacks.
Got a cryptocurrency mining tip for future roundups? Contact us.
Mining Roundup: BBB Warning, Alpha Technology and a Pool Attack
Published on Jun 15, 2014
by Coindesk | Published on Coinage
Coinage
Recent News
View All
First Mover: What's Next for Bitcoin as Wall Street Gets Vaccine Booster
Bitcoin was higher for a second day, staying in a range of between roughly $15,200 and $15,600, as news of progress in developing a coronavirus vaccine appeared to touch off a rally in U.S. stocks.
Market Wrap: Bitcoin Fails to Break $15.9K; Over 50K ETH Staked on Eth 2.0 Contract
Bitcoin gained Wednesday while Ethereum 2.0 staking has been ramping up.
Citibank Analyst Says Bitcoin Could Pass $300K by December 2021
A senior analyst at U.S.-based financial giant Citibank has penned a report drawing on similarities between the 1970s gold market and bitcoin.
Blockchain Bites: Data Unions. Hard Forks. And One Citi Analyst's Case for $300K BTC.
A Citibank managing director thinks bitcoin could hit $318,000.