A great study was published recently that analysed the better method for miners to handle their coins earned. It found that the most profitable method is to sell their operating expense to cash but hold the remainder in Bitcoin. It also talks about the advantages of mining BTC over a […]
The BTC block halving, which sees mining rewards halved, is only weeks away. This event occurs once every 4 years and has an immediate impact on the supply of bitcoins to the network. This chart shows halving events mapped against Bitcoin’s price.
We recently gave some comments to Finance Magnates on the impact of coronavirus on the mining industry and what companies can do to tackle it. Click here to read the article.
2020 will be a very interesting year for Bitcoin and the cryptocurrency mining market. The next halvening event is now only months away, where the block reward will drop from 12.5 to 6.25 coins. This monumental event is expected to take place on May 12, 2020, and will have a […]
New Mine is currently looking for 2 sales executives to lead our sales expansion throughout North America and Europe. We are looking for confident and driven individuals who are willing to learn about a new and emerging market. The role will involve the following: Organising sales visits Negotiating power deals at a […]
The last halving event of 2016 made it even harder for people mining from home to compete with the big data centres running thousands of miners. The reason large scale mining operations can crush the competition is because they can source miners in bulk at a cheaper price and have […]
When you look at Bitcoin zoomed in, you’re not really seeing the full picture. We need to zoom out and look at it in the long scale. Here’s a great video that explains why: Click here for another great video that explains the same concept