Сryptocurrency – Page 2 of 2

Crypto Mining on hard disks (HDD/SSD)

A new surge of interest in cryptocurrency mining was triggered by the 2020-2021 bull market. Component shortages emerged due to increased demand for video cards and server power supplies. The energy reserves of many countries were depleted by the popularity of mining. The government began to outlaw or restrict this kind of behavior. As a result, users began to look for cheaper ways to extract money. In 2022, one such opportunity was hard drive mining. Although this device was invented in 2014, it was almost never used because of its low efficiency. That has changed since 2022. Experts say that within the next ten years, green currencies could compete with bitcoin.

ASIC MINING (ANTMINER)CRYPTOCURRENCY MINERS CRYPTOCYRRNECY MINING GUIDES

Antminer (ASIC): Connecting and setting up for mining.

The cryptocurrency market allows ordinary people, company owners and entrepreneurs to earn money. Mining coins and tokens is one of the ways to make money. You can get digital money by completing a unique task. In February 2022, video cards and ASICs will become common hardware. Only ASIC equipment is used for bitcoin mining. But not everyone knows how to link an ASIC to a mining pool. Certain abilities are required to configure the equipment.

CRYPTOCURRENCY CRYPTOCYRRNECY MINING

What causes a decrease in the hashrate of mining?

Members of the crypto community often use words that others are unfamiliar with. Hashrate or hashrate is one of such terms. This is called the performance of equipment in the mining sector and refers to the speed of calculations per second. A decrease in this indicator can be observed among owners of farms for the extraction of digital coins. First you have to determine the reason for the hashrate decrease during mining. This condition negatively affects the income from mining cryptocurrencies.

CRYPTOCURRENCY CRYPTOCYRRNECY MINING

Setting the DAG file size for Ethereum mining

You can't just start mining any cryptocurrency using a computer that has a processor and a graphics card. It is necessary to choose the right network and determine the most productive equipment. You have to upload a unique block of data to mine ether, and its price is always rising. Currently, the Ethereum DAG file size is 4914 GB. The choice of a visual card compatible with mining will affect this parameter.

CRYPTOCURRENCY CRYPTOCYRRNECY MINING GUIDES

How to speed up the process of mining cryptocurrencies

The complexity of the blockchain increases with the introduction of cryptocurrencies. As a result, after two or three months, even a powerful device for mining coins will cease to function effectively. Miners can cut costs, strengthen the hashrate, or consider ways to accelerate mining to maintain the profitability of the company. Manufacturers allow an increase in productivity by 30-40%. However, forced acceleration leads to an increase in energy consumption and heat loss. The miner must choose which option is more profitable: upgrading the equipment with a more powerful power supply and cooling, or strengthening existing equipment.

CRYPTOCURRENCY NEWS TRADING

How will the cryptocurrency market collapse in the first half of 2022?

The most expensive moment for major cryptocurrencies was in late 2021; bitcoin reached $69,146 in November. But a precipitous decline began in the first half of 2022, and it has continued ever since.

CRYPTOCURRENCY TRADING

Scalping in cryptocurrency trading

Traders who live for the high have scalping. Do you realize that the charts you are looking at are in the area of 1-minute charts? Do you want to get in and out quickly and easily? Do you want to make transactions quickly, extremely quickly, without any errors or at all? Faster than a shareholder can see a profit and loss statement? And scalping has been designed for you.