News
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BT Daily News: Bitcoin Miners Chart an Uncertain Path in 2023, But Opportunity Calls, and more
Bitcoin mining, an essential aspect of the cryptocurrency industry and an increasingly-important contributor to economic development in the United States, faced fierce market conditions in 2022. The capital-fueled "growth at all costs" strategy pursued by many miners in 2021 and 2022 led to a wave of failures and uncertainty amid a prolonged crypto winter. -
BT Daily News: Can I mine cryptocurrency with a GPU? And more
You can mine cryptocurrency with your CPU, but it’s not recommended. At-home mining is often done using GPUs, and CPUs are much slower at mining than GPUs. -
BT Daily New: Bitcoin Mining 2022 Review—A Tough Year for Public Miners
The 2022 yearly average hashprice was $123.88/PH/day, a steep decline from the $314.61/PH/day average in 2021. The steep decline was driven largely by the onset of Bitcoin’s bear market but also by an average 16% increase in energy costs across the United States in 2022. -
BT Daily News: Different Types of Crypto Mining That You Should Know, and more
In 2009, when very few individuals were aware of crypto mining was a relatively straightforward process to earn this coin. However, given that it was available for less than one dollar, only hobbyists dared to mine it. It was possible to obtain a reward by creating new units daily, on average. -
BT Daily News: What hardware do miners use? Where can I buy or sell ASICs?
BT-Miners welcomes all parties interested in selling ASICs to reach out for pricing inquiries. BT-Miners will consider all serious offers to sell mining hardware regardless of whether or not the seller is currently a BT miner. For help and more information on selling mining hardware through BT-Miners, please contact the BT-Miners sales team. -
BT-Education: What is hashrate? What is hash price?
Hashrate is one of the most commonly referenced metrics in bitcoin mining. But what is it? As the term suggests, the Bitcoin network’s hashrate is simply the estimated rate of total hashes generated by all active mining machines. Called hashing, the process of generating hashes is the primary job of miners. -
BT-Education: How to build a cryptocurrency mining rig
Cryptocurrency mining involves using a computer, or several computers, to validate transactions on a blockchain. Technically, these computers solve cryptographic equations and record data in a digital ledger. The more computers solving equations, the faster the blockchain can validate transactions. -
BT-Education：Cryptocurrency Mining Terms – A General Glossary
One of the steps you need to take before learning something is clear the air around the terminology on the matter. To ease you with the cryptocurrency topic, BT-Miners created a glossary of the most important crypto terms.
