Crypto Hosting vs Home Mining Cryptocurrency mining is the backbone of blockchain technology, facilitating the creation of new coins and validating transactions. It involves using computational power to solve complex mathematical problems in a network. The role of miners is crucial in maintaining the integrity of the blockchain, verifying transactions, and ensuring security. For many,...Continue Reading
Bitcoin Mining Projects Empower Communities with Lower Energy Costs Gridless Compute, a hydro-powered Bitcoin mining projects, reports that its mining project has not only powered a rural community but also reduced its existing energy rates. In a significant development, this initiative showcases how Bitcoin’s underlying blockchain network can promote charitable acts and support communities. Twitter...Continue Reading
Bitcoin Outperforms as a Premier Investment Asset November 13th saw Bitcoin reach $16,415. A magnitude not reached since the infamous 2017 bull run. With prices of this level now coming in to play, Bitcoin is further cementing itself as one of the best operating assets and is continually outperforming the ‘safe haven’ investments we all...Continue Reading
Over the past 3 years Bitcoin miners have experienced a roller coaster of emotions when calculating profitability. The Bitcoin miners who performed the best were those who got in early during or before 2016 and were rightfully rewarded when the 2017 bull run came along. However those rewards did not come without major risks. The...Continue Reading
It has almost been a year since MiningStore Australia became a registered business, and now is the time to reflect on the outstanding achievements our community has accomplished. Despite the relentless claws of the bear digging deeper into the crypto market, MiningStore and our beloved community has achieved some outstanding results that each member should...Continue Reading
Have you ever asked yoursel to know the Economic Model of why people in today’s day and age are so desperate to, “invest” their savings? The simple answer is inflation. Capitalism has installed in us that “inflation is healthy” as it, “helps the economy grow”. However, what people do not realise about inflation is it...Continue Reading
Bitcoin (₿) is a cryptocurrency, a form of electronic cash. It is a decentralized digital currency without a central bank or single administrator that can be sent from user-to-user on the peer-to-peer bitcoin network without the need for intermediaries. Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called...Continue Reading
Despite the cryptocurrency market losing a large percentage of its value over 2018, Coinbase reports they are still receiving 50k new sign-ups daily! What are all of these customers entering into a market that is falling for? Simple. They are getting ready to take a position once the bull market returns. Read the full article...Continue Reading
It is almost the end of July and by now most of us have lodged our tax returns. If you haven’t, it’s time to get a wriggle on! We all love getting that lump sum of money, but what are you going to be spending it on this year? Will you be splurging and spending...Continue Reading
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