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Mining

The Biggest Problems Being Addressed By Blockchain Oracles

Simply put, an oracle is a bridge that connects information obtained in the real, physical world with a blockchain. Blockchains have a host of advantages including transparency, security, and immutability. However, without a way to reliably bring data on-chain, blockchains can only leverage these benefits with the information that occurs within its network, not information … Continued


Ripple Mining: An Urban Legend

If you’re just starting off on your crypto journey, you may have heard of the term “mining” being thrown around a lot. Mining in the crypto world doesn’t refer to hard-hatted laborers with coal smeared faces. Instead, it refers to people who provide some sort of proof that they can be trusted to add new … Continued


The Profitability of Crypto Mining Explained

Once upon a time, cryptocurrency mining was a hobby that could be taken up by pretty much anyone. University students would have mining rigs set up in their dorm rooms verifying transactions at all times of the day. A nice profit could be made without paying much attention to the computer eating up electricity in … Continued


CEO of Phoneum Discusses Apple’s Recent Ban on iOS Cryptocurrency Mining

The CryptoCanucks & Ashton Addison of Eventchain.io discuss Apple’s latest ban on mobile cryptocurrency mining on their iOS devices with Phoneum CEO, Ivan Likov. Phoneum is a mobile only cryptocurrency which allows anyone to mine transactions using their Android or iOS device. To learn more about Phoneum visit www.phoneum.io Phoneum has an upcoming token sale … Continued


EIP958: The Ethereum Proposal To Combat The New ASIC E3 Miners

Earlier this month on April 6th, the Ethereum development community proposed EIP958, which was a hard fork proposal to battle against the new ASIC GPUs produced by Bitmain. According to Ethereum Co-Founder, Vitalik Buterin, the ASICs don’t pose a threat to Ethereum currently and all development focus should be geared towards the production of Casper, … Continued


Introducing the Crypto Noob Club

Six months ago a couple of friends and I started some small scale cryptocurrency mining in Nova Scotia for the fun of it. We’d all worked together before, in some capacity, building and operating some of Canada’s early cloud infrastructure companies, so we figured we could apply our expertise in data center operations to crypto … Continued


The Hidden Treasures of Litecoin

Over the last few years, public interest in digital currencies has increased dramatically. While Bitcoin has been at the forefront of this attention, a number of other altcoins have emerged (825+ of them according to Coinmarketcap). One currency, in particular, Litecoin, has been quietly gaining popularity. Litecoin was founded in 2011 by ex-Googler and MIT … Continued


How To: Mining Bitcoin or Ethereum as a Beginner

If you’re here reading this article, then you’ve probably gained some interest in mining cryptocurrencies. However, setting up your own mining rig and finding the right GPUs ( Graphic Cards ) can be a daunting task, especially if you have no technical background or knowledge. Luckily, there are services out there which help you get … Continued