Understanding Bitcoin Mining Pools Before we can set about choosing the best mining pool, it is vital that we first understand them. Essentially, Bitcoin mining pools are platforms/ collaborative groups where members combine their computational resources to increase the chances of successfully mining Bitcoin. The rewards are then distributed among the miners based on their contribution to the pool’s total hashing power. However, these pools vary in their operation and reward distribution methods. Some pools operate on a pay-per-share (PPS) basis, offering a fixed payout for each share contribu ..read more

Minerset is proud to announce its attractive South Carolina 30MW Bitcoin mining site which is now accepting interest from Bitcoin miners with deployment needs. Minerset: An industry veteran Since its inception in March 2017, Minerset has been a resounding force in the world of Bitcoin mining, having provided hardware and infrastructure sales of over $200 million dollars. Minerset is a well-established player, acting as a hub for all Bitcoin mining needs from sourcing the latest mining hardware to providing secure logistics and energy infrastructure.  Introducing the new South Carolina 30M ..read more

Since New Years day we’ve seen the Bitcoin price rise from mid $16K to almost $23k. *Screenshot taken before daily candle close on 23rd Jan 2023 Is this the start of a bull run, is it a fakeout, is it stop hunt for the shorts? We don’t know, you don’t know, it’s impossible to know but it’s a welcome respite from the lows at the end of last year, so long may it last, and enjoy it while it does. But Miners, be careful what you wish for. Hardware prices have dropped significantly in the last 12 months as a result of the market capitulations, many distributors will take the earliest opportunities ..read more

Eric Adams wants Governor Kathy Hochul to veto a recent bill passed by the New York State senate to cap PoW mining at its current level. For Adams, cryptocurrency is an undeniable part of the state’s economy thanks to the “billions of dollars that are spent on cryptocurrency.” He added that, “We can’t continue to put barriers in place.”  After winning last year’s NYC mayoral elections, Adams pledged to join Francis Suarez in taking his first three paychecks in Bitcoin. True to his word, Adams cashed out his first paycheck in both Bitcoin and Ethereum earlier ..read more

Members of the European Union must be ready to block crypto mining, the European Commission, the bloc’s executive arm responsible for introducing new legislation, said Tuesday as the region prepares for an uncertain winter. The EU is also developing an energy-efficiency label for blockchains as the disruption of gas supplies from Russia leave some fearing high energy prices, blackouts and shortages. The energy consumption of crypto has increased 900% over five years, reaching around 0.4% of worldwide electricity use, the commission said, promising another report on the topic by 2025 that could ..read more

The recent global hashrate spike in a bearish market and with margins becoming more competitive due to increased energy and difficulty with bitcoin not quite taking off again, is a major topic of debate. There is no certain science but we can analyze the market and the pools to validate what is happening Arrival of the S19XP Y M50 Series 140T range with 50% more hashrate than its predecessor and more efficient, although its current price is around $40/T it trades at double that of the S19pro it has 30% more efficiency which will allow it to cross the halving line in May 2024. Inertia still la ..read more

Since July 2022, Celsius Networks stands at the crosshair of United States officials after reports of bankruptcy surfaced, which risks losing the live savings of numerous crypto investors. During the second day of the case hearing, chief bankruptcy judge Martin Glenn, Southern District of New York, approved Celsuis’ request for running BTC mining and selling operations as a means to reinstate financial stability. Today, alongside the Unsecured Creditors Committee (UCC), made up primarily of customers, the U.S. Trustee, and a number of other key parties, we participated in ..read more

Brazil is getting closer to regulating cryptocurrency assets and virtual asset service providers (VASPs). The cryptocurrency bill, identified with the number 4.401/2021, is set to be addressed this week, alongside other time-sensitive bills.  The current bill is the result of the combination of two different projects as part of the work of its proponents, who wanted to approve a crypto-centric law this year. The project was approved by the Brazilian Senate in April and seeks to regulate cryptocurrency exchanges by creating a single regulator to deal with the issue. In ..read more

Mining Disrupt 2022 has come to an end! We want to use this post to thank the event organizers, sponsors and everyone who made this event possible, to all of our existing and new clients for investing the time to come by our booth, we’re always excited about new opportunities to work together. We want to give a special thank you to close Minerset partner and client GREENTECH Technologies CEO Jelmer ten Wolde gave a fantastic speech at mining disrupt 2022! From greenhouses to District Heating Networks: the story of GREENTECH was really interesting to hear about. Optimisation of energy managemen ..read more

Want to visit our booth at Mining Disrupt 2022 in Miami? Participate for a chancer to win a VIP Ticket to Mining Disrupt following these easy steps: Leave us a review (here) Follow us on Twitter (link) Follow us on LinkedIn (link) The two lucky winners will be announced on our social media (twitter and LinkedIn) next Monday July 25! What is Mining Disrupt? MiningDisrupt is the largest bitcoin mining expo, over 250k square foot. The biggest mining container showcase, the worlds first all b2b bitcoin & bitcoin mining expo. Highest rated vip experience with thousands of attendees, vendors ..read more