We look at the environmental impact of Bitcoin mining and whether the the energy costs justify the rewards.
As your GPU loses traction with Bitcoin, you could start mining other coins - or you could give some power to a worthy cause like Folding@home for proteins
Butterfly Labs announced today that they are finally shipping out last year's Jalapeno ASIC mines. They say that all backlogged orders will be in by 90 days
Butterfly Labs has announced it will begin selling bulk ASIC chips for bitcoin mining starting this month.
Butterfly Labs is shipping some ASIC mining rigs to users - but how many can it deliver, and how quickly?
A rogue employee is getting the blame for putting bitcoin mining code onto unsuspecting users’ machines.
The ASIC (application-specific integrated circuit) wars are heating up. Butterfly Labs — the US-based company that has been promising a low-powered, low-cost ASIC mining rig for months now — has finally shipped one to a US blogger and bitcoin specialist. David Perry, who owns the technology blog Coding in My Sleep, took delivery of a […]
What is the fastest way to mine bitcoins? It depends what type of architecture you’re using, but graphics cards are losing the battle to faster devices. Graphical processing units (GPUs) have traditionally been used for mathematically intensive operations. They are designed to handle floating point numbers, which are used in the calculations necessary to display […]
Remember how, a few years ago, we were briefly made to believe that all our Google searches were helping to melt the planet? If you recall how that claim was quickly debunked, it should come as no surprise that mining bitcoins might not be as much of an environmental disaster as a few sources have […]
New bitcoins are added to the system about every 10 minutes through a process called “mining.” This involves using computing power to verify bitcoin transactions across the network by solving cryptographic problems called “hash puzzles.” Bitcoin Mining 101 Here’s how it works: Every bitcoin holder’s balance is designated by a unique bitcoin address, which is […]