Recent statistics from OCEAN Mining Pool have shown a formidable uptick in both mining activity and participation following their announcement of a …
December 2023
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Definition and Explanation A confirmation in Bitcoin mining is a measure of how many blocks have passed since a transaction was added …
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Bitcoin 101
Understanding the Flexibility and Security of Mnemonic Keywords in Bitcoin Wallets
by BiTuxby BiTuxMnemonic Keywords (Seed Phrase) Usage Across Wallets In the realm of cryptocurrency, the concept of mnemonic keywords, widely known as a seed …
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Mining Economics
Balancing Decentralization: The Role of ASIC-Resistant Algorithms in Crypto Mining
by BiTuxby BiTuxThe world of cryptocurrency mining has been fundamentally shaped by the ongoing tension between decentralization, a core ethos of blockchain technology, and …
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Bitcoin 101
Understanding Hash Functions in Bitcoin and Bitcoin Mining: A Beginner’s Guide
by BiTuxby BiTuxBitcoin, a revolutionary digital currency, operates on principles that meld cryptography, computer science, and economics. Central to its technology is the concept …
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Bitcoin uses a structure known as a Merkle Tree to summarize all the transactions in a block. This structure allows for efficient …
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The world of cryptocurrency investment is vast and complex, with a myriad of choices available to investors. While the potential for high …
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Industry News
The Ascendant Path of Marathon Digital Holdings Inc in Bitcoin Mining
by BiTuxby BiTuxIntroduction Marathon Digital Holdings Inc (MARA), a burgeoning force in the Bitcoin mining sector, has recently achieved the 6th rank among Bitcoin …
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Keeping your Bitcoin node up-to-date is vital for security, performance, and staying in sync with the Bitcoin network. If you initially installed …
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Industry News
Cryptocurrency Mining Controversy: Chinese Influence in Texas Through Binance-Linked Funds
by BiTuxby BiTuxA Glimpse into Chinese Investments in Texas Crypto Mines In the sprawling plains of Texas, a new wave of crypto mining operations …