GAWMiners introduced Hashlet cloud mining just a few short weeks ago and quickly sold a huge number of them in a short time. GAWMiners quickly followed up with the Hashlet Solos, which are mining pool specific. GAWMiners went on to sell more than $1 million in Hashlet Solos in 24 hrs. Now, they are following it up again with the Hashlet Genesis SHA-256 miners. Josh Garza, CEO of GAWMiners, was...
This week on CCN, we learned that Newsweek journalist Leah McGrath Goodman thinks she found the real Satoshi Nakamoto, that the price of Bitcoin is finally going back up, that Mark Karpeles' lies are nothing new, and more. Here are the biggest stories this week (3 March - 9 March) in case you missed them in video and article form. [youtube ] Is This the Face Behind Bitcoin? (Probably Not)...
The Nvidia GTX 750 Ti has come up trumps in a comparison of mining GPUs. Just when we all thought that AMD is king of the hill, along comes a Nvidia contender powered by their heavily plugged Maxwell chip - and knocks the R7 for 1st place. A recent comparison test done by Tom's Hardware reveals the facts: More Speed For Less Power The GeForce GTX 750 Ti achieves 245 kh/s which is almost...
The gaming industry is doing cryptocoin mining a lot of favours. A joint development project by AMD and SK Hynix promises to boost the capacity of commercially available memory later this year. The chip manufacturer plans to use it's new generation of memory module called High Bandwidth Memory (HBM) in it's GPUs and indications are that target delivery may be the highly anticipated 'Pirate...
This week on CCN, we learned that Mt. Gox is practically bankrupt, that Senator Joe Manchin wants Bitcoin banned in the United States (and Chairwoman Janet Yellen's response), that the Litecoin community raised over 120 LTC for a Vietnamese orphanage, and more. Here are some of our top stories this week (23 February - 2 March) in cased you missed them in article and video form. [youtube ] Gox is...
Time is ticking as Bitcoin's mining difficulty increases endlessly, as miners of all types dash to purchase the latest mining hardware. But is this all still profitable for the average miner? As the difficulty approaches 1,500,000,000, many miners are left in the dust. Cloud mining, such as cex.io, will never break even at all, making a maximum of 0.02 BTC, with hopes of reselling it back into...