Cryptocurrency Miners | Blog | Blockbase

Comparing the Top Three Types of Cryptocurrency Miners in 2018

FPGA Miners: The Next Battleground in the Crypto Mining Arms Race The cryptocurrency mining space has been dominated by two types of miners—GPU miners and ASIC miners—each with their own set of pros and cons. While GPUs remain popular, some cryptos have been dominated by ASICs, which are far more powerful and consume less electricity than GPUs. However, ASICs—by design—can …

Sweden: A low-cost, user-friendly crypto mining destination

The last few years have seen unprecedented growth in the bitcoin and blockchain spaces. First introduced roughly 10 years ago as a trustless, transparent, fair, and secure way to record transactions and exchanges of value, blockchain has slowly yet surely gained acceptance in the mainstream. Consistent innovation, coupled with increased adoption, have led to an influx of new cryptocurrency players …

How Long Does Mining Hardware Last Before it Must Be Replaced?

Mining is tough on GPU and boards. They are pushed to their limits, and it all adds up. In pursuit of profit, crypto miners will run multiple cards on a single motherboard, and crank the power limit right up on individual cards. This isn’t fatal, but when you mine cryptocurrency you are running a GPU under full load for a …

The legality of owning cryptocurrencies by country

For people who are new to cryptocurrencies, one of the first concerns that comes to mind is the legal aspect of it. Can one legally own Bitcoins? What about buying, selling, trading or spending them in exchange for goods or services? Are there legal regulations around the topic of cryptocurrency mining? It is not always easy to answer these questions, …

Check Out Our Cryptocurrency Mining Glossary Page

In the world of digital currencies, few things are more difficult than explaining complex technical terms in non-technical ways to complete beginners. However, we understand that it can be a significant investment to start mining Bitcoin or other cryptocurrencies. As with any investment, it is important to have at least a basic understanding of what your money is buying you. …