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ASICs, chips & rigs

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ASIC miners, mining chips, rigs and hardware efficiency research from the Mining Plus Crypto archive.

40 archived articles

Hardware facts age quickly. Hash rate, wattage, joules per terahash, price, availability, firmware and release status in these articles reflect the state at publication and are flagged for freshness review rather than presented as current specifications.

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All You Need to Know About a 51% Attack
Hardware Guide · guides

All You Need to Know About a 51% Attack

While blockchain technology promises transparency, security, and immutability, several networks have come under 51% attacks in the past. These attacks are executed by malicious entities, which seek to control over 50% of a particular network’s hashing power. When they do, these entities can manipulate the blockchain an

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Crypto Mining Firm Cipher Receives Takeover Bid, Considers Sale
Mining News · mining

Crypto Mining Firm Cipher Receives Takeover Bid, Considers Sale

A recent article published by Bloomberg has revealed that Bitcoin miner Cipher received a takeover bid earlier this week and is now considering a sale. Bloomberg claimed that the miner’s leadership is engaging with various advisers on the matter but may still decide not to sell. Following the news, Cipher’s stock CIFR

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Marathon Digital Mines Kaspa Worth $16 Million to Diversify From Bitcoin
Mining News · mining

Marathon Digital Mines Kaspa Worth $16 Million to Diversify From Bitcoin

Crypto mining firm Marathon Digital has disclosed mining $16 million in Kaspa since last September in an effort to diversify from BTC. In its latest statement, the company argued that the move will boost its revenue by significant margins in the future. Marathon Digital Plans to Deploy Additional Kaspa Mining Machines

A Guide to Browser-Based Crypto Mining - All You Need to Know
Hardware Guide · guides

A Guide to Browser-Based Crypto Mining – All You Need to Know

Back when crypto mining was relatively cheap, several websites were created, allowing miners to mint new Bitcoin. As mining difficulty increased, these websites ceased operations due to stiff competition from mining firms that used powerful equipment. However, browser-based mining appears to have made a comeback in rec

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All You Need to Know About Leased Proof-of-Stake (LPoS)
Hardware Guide · guides

All You Need to Know About Leased Proof-of-Stake (LPoS)

If you are a regular crypto user, then it is likely you have heard about the proof-of-stake (PoS) consensus mechanism. But is it related to leased proof-of-stake (LPoS)? Well, keep reading to find out! Understanding Leased Proof-of-Stake LPoS is a variant of the proof-of-stake consensus algorithm, which allows validato

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Bitdeer Announces Its Energy-Efficient Crypto Mining Chip
Mining News · bitcoin

Bitdeer Announces Its Energy-Efficient Crypto Mining Chip

Bitcoin mining firm Bitdeer has announced its “SEAL04” chip, set to power in the recently rolled out Sealminer rig. According to the company’s technology roadmap, the chip will be launched in May 2025 and is expected to attain energy efficiency of 5 J/TH (joules per terahash). Bitdeer says the released roadmap is inten

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What is CryptoNight Mining Algorithm? - Everything You Need to Know
Hardware Guide · guides

What is CryptoNight Mining Algorithm? – Everything You Need to Know

All proof-of-work blockchains require miners to follow certain rules when validating transactions. Mining algorithms guide the miners. In this guide, we will discuss the CryptoNight mining algorithm. Keep reading to learn more. Understanding Proof-of-Work (PoW) Consensus Algorithm PoW consensus algorithm is adopted by

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GoMining CEO Explains Company’s Plans to Make Crypto Mining More Accessible
Mining News · mining

GoMining CEO Explains Company’s Plans to Make Crypto Mining More Accessible

Bitcoin mining is known for being an expensive venture, requiring miners to invest millions of dollars into setting up mining rigs. However, that might no longer be the case thanks to GoMining, a crypto mining company that seeks to lower barriers to entry to make mining more accessible. Mark Zalan, the GoMining CEO, sp

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How Long Does it Take to Mine a Single Bitcoin?
Hardware Guide · guides

How Long Does it Take to Mine a Single Bitcoin?

New BTC coins enter the circulating supply through a process known as crypto mining. The entities participating in mining are called miners. Their primary work is to search for a special code that confirms a particular block of transactions to ensure it contains genuine transactions. These miners are then rewarded with

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A Guide to Bitcoin Miner: How to Earn Real BTC by Mining Fake Crypto in This Game
Hardware Guide · guides

A Guide to Bitcoin Miner: How to Earn Real BTC by Mining Fake Crypto in This Game

The Bitcoin Miner game has seen significant traffic since its launch. The mobile game lets players earn real Bitcoin by mining fake crypto. Unlike other games that reward users with BTC, Bitcoin Miner is colorful, fun, and comes with more features. It is worth mentioning that you will not earn any life-changing gains p

Paraguayan Lawmakers Propose Crypto Mining Ban Over Power Problems
Mining News · mining

Paraguayan Lawmakers Propose Crypto Mining Ban Over Power Problems

The rising temperatures in Paraguay have led to air conditioners running at full throttle. This scenario has endangered the country’s power grid as demand for electricity continues to grow. To tackle this problem, several Paraguayan lawmakers tabled a bill early this week targeting crypto miners. The Proposed Bill The

What is a Helium Miner? - Everything You Need to Know
Hardware Guide · guides

What is a Helium Miner? – Everything You Need to Know

Mining is an important process on any blockchain. It helps confirm the legitimacy of all on-chain transactions. Parties that participate in mining usually use ASICs and central processing units. However, Helium has made it possible for people to use their smartphones to engage in crypto mining. If you wish to participa

Understanding the Cost of Building a Crypto Mining Rig at Home
Hardware Guide · guides

Understanding the Cost of Building a Crypto Mining Rig at Home

Many analysts are predicting a bull run in 2024. This prediction has prompted most crypto users to start considering mining proof-of-work cryptocurrencies at home. Although mining Bitcoin may not be suitable for solo miners due to increased difficulty after halving, there are numerous other digital currencies you can m

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Who is a Blockchain Validator? - All You Need to Know
Mining News · ethereum

Who is a Blockchain Validator? – All You Need to Know

Validators are important parties in any blockchain network. They verify and add transactions to proof-of-authority and proof-of-stake blockchains. Validators usually check whether the impending transactions follow the rules of a particular blockchain. Moreover, blockchain validators are responsible for maintaining the

Best Graphics Cards for Mining Cryptocurrencies Profitably in 2024
Mining News · guides

Best Graphics Cards for Mining Cryptocurrencies Profitably in 2024

Is mining cryptocurrencies worth it in 2024? Many continue to ask themselves this question as crypto mining costs increase daily. There are several Graphics Processing Units, famously known as GPUs, that allow people to mine digital currencies efficiently. In this article, we will take a look at some of the leading GPU

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What is a Block Reward? - All You Need to Know
Hardware Guide · guides

What is a Block Reward? – All You Need to Know

If you have been in the crypto space for some time, you’ve probably heard the term “block reward.” But what does it actually mean? Well, we have the answers for you. Read on to learn more. Defining a Block Reward A block reward can be defined as the payments given to a crypto miner for […]

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Report: Riot Platforms Bitcoin Output Increased by 19.5% in 2023
Mining News · mining

Report: Riot Platforms Bitcoin Output Increased by 19.5% in 2023

Riot Platforms’ Latest Report In a report released on February 23rd, Bitcoin mining company Riot Platforms said its BTC output rose by 19.% in 2023 after mining 6,631 coins. Moreover, the firm recorded an uptick in yearly revenue, primarily because of the increase in Bitcoin price last year compared to the previous yea

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How to Mine Litecoin - A Comprehensive Beginner's Guide
Hardware Guide · guides

How to Mine Litecoin – A Comprehensive Beginner’s Guide

Crypto mining has proven to be a lucrative venture over the years. However, while many would like to invest in this business, they do not know where to start. Fortunately, we are here to help with that. In this guide, we will show you how to begin mining Litecoin, one of the leading proof-of-work blockchains. […]

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What is Proof of Stake, and How Does it Differ From Proof of Work?
Mining News · guides

What is Proof of Stake, and How Does it Differ From Proof of Work?

Mining cryptocurrencies like Bitcoin, Litecoin, and Dogecoin requires intensive energy use. This is because they employ a consensus mechanism known as proof of work (PoW). But crypto mining no longer has to consume a lot of energy, thanks to another consensus algorithm called proof of stake (PoS), which several top cry

What is Proof-of-Work? - All You Need to Know About the Consensus Mechanism
Hardware Guide · guides

What is Proof-of-Work? – All You Need to Know About the Consensus Mechanism

The blockchain technology that allows cryptocurrencies like Bitcoin to function is usually a decentralized database without any centralized entity to control it. As a decentralized database, blockchain is secured by parties that operate nodes across the globe. This is made possible by the proof-of-work consensus mechan

A Guide to Dogecoin Mining - All You Need to Know
Hardware Guide · guides

A Guide to Dogecoin Mining – All You Need to Know

Over the last few years, Dogecoin has attracted a significant number of miners. But does this mean that the meme coin is easy to mine? Well, keep reading this article to get the answer. We will also show you how to mine DOGE. The Dogecoin Meme Coin DOGE has witnessed massive growth since its introduction […]

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Phoenix Buys Bitcoin Mining Equipment for $186.5 Million
Mining News · mining

Phoenix Buys Bitcoin Mining Equipment for $186.5 Million

Phoenix Splashes $186.5M on Crypto Mining Machines Phoenix, a popular crypto mining company listed on the Abu Dhabi securities market, has announced that it has spent more than $186 million to acquire mining machines to increase its production capacity. Phoenix’s subsidiary, Phoenix Computer Equipment, revealed the pur

How to Mine Monero: A Complete Beginner’s Guide
Hardware Guide · guides

How to Mine Monero: A Complete Beginner’s Guide

Mining is one of the many ways to earn crypto rewards. In this article, we will show you how to mine Monero. But first, let’s understand what this cryptocurrency is all about. Understanding Monero Monero is a popular open-source digital currency that was released in 2014. It has gained massive recognition due to its ma

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6 Countries Where You Can Mine Crypto Legally
Hardware Guide · guides

6 Countries Where You Can Mine Crypto Legally

With numerous countries prohibiting crypto mining, you may be wondering which ones allow this activity. In this article, we will explore all the nations that have made the process of mining Bitcoin and other Proof-of-Work cryptocurrencies legal. Understanding Crypto Mining For beginners, cryptocurrency mining is the pr

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Top Crypto Mining Pools to Join in 2024
Hardware Guide · guides

Top Crypto Mining Pools to Join in 2024

Mining pools have proven to be a cost-effective solution when it comes to crypto mining. That is because they allow people interested in mining digital assets to save on various costs, such as electricity expenses. In this guide, we will take a look at some of the leading mining pools that you can join to […]

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How to Mine Grin -A Complete Beginner’s Guide
Hardware Guide · guides

How to Mine Grin -A Complete Beginner’s Guide

Although a number of tokens have transitioned to the proof-of-stake consensus mechanism, there are still several tokens that have stuck with the proof-work algorithm, making them mineable. Among the cryptocurrencies that can be mined in 2023 is Grin. Do you wish to generate passive income through mining Grin? If so, ke

What is HashFrog? – A Comprehensive Guide to the Cloud Mining Platform
Hardware Guide · guides

What is HashFrog? – A Comprehensive Guide to the Cloud Mining Platform

Despite Ethereum transitioning to a proof-of-stake consensus mechanism, crypto mining has remained an attractive venture. And the best part is that those interested in mining cryptocurrencies no longer need to buy expensive equipment. Instead, they can use the services of cloud mining platforms like HashFrog. In this a

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How to Mine Ravencoin – A Complete Beginner’s Guide
Hardware Guide · guides

How to Mine Ravencoin – A Complete Beginner’s Guide

Many believe that mining cryptocurrencies is an expensive venture. While that isn’t far from the truth, you can now mine Ravencoin cheaply using your computer’s GPU. If you wish to generate passive income and increase your cryptocurrency holding, read this article to learn about Ravencoin mining to start earning the RV

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Why a Bitcoin Spot ETF is Making Mining Firms Nervous
Mining News · mining

Why a Bitcoin Spot ETF is Making Mining Firms Nervous

Bitcoin ETF vs Mining Stocks There is growing hope that a Bitcoin spot ETF will soon hit the US market. Most crypto enthusiasts have already started discussing how this type of Exchange-Traded Fund will boost Bitcoin’s price and fuel mainstream crypto adoption. For starters, an ETF can be described as an investment pro

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Best 5 Cryptocurrency Mining Stocks to Watch or Buy Now
Hardware Guide · guides

Best 5 Cryptocurrency Mining Stocks to Watch or Buy Now

If you are intimidated or reluctant to invest in the crypto space but cannot resist its rapid growth, then crypto mining stocks are the safer alternative. These stocks are issued by companies that mine digital currencies or sell crypto mining equipment. With cryptocurrencies witnessing massive adoption in recent years,

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A Guide to Hashing24: All You Need to Know About This Crypto Cloud Mining Platform
Hardware Guide · guides

A Guide to Hashing24: All You Need to Know About This Crypto Cloud Mining Platform

Hashing24 is among the first platforms that started offering cryptocurrency cloud mining services. Keep reading this guide to learn more about the platform’s features, along with its pros and cons. Exploring Hashing24 Launched in 2012, Hashing24 is a popular crypto cloud mining provider, allowing people to mine Bitcoin

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7 Best Cloud Mining Sites: Top Picks for 2023
Hardware Guide · guides

7 Best Cloud Mining Sites: Top Picks for 2023

Most crypto enthusiasts find mining tokens in exchange for passive income attractive. However, the traditional way of mining crypto assets is not easy, as it requires significant power and expensive equipment. For this reason, people interested in crypto mining but don’t have the required resources to set up a mining f

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A Complete Beginner’s Guide to Bitcoin Mining
Hardware Guide · guides

A Complete Beginner’s Guide to Bitcoin Mining

Mining is an important aspect of the Bitcoin ecosystem. But what does Bitcoin mining mean? Keep reading this article to learn more about Bitcoin mining. Understanding Bitcoin Mining As a beginner, you may think Bitcoin mining is like digging the ground for coal or gold. But that’s not the case. Instead, it refers to th

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Bitcoin Miner Turns to Paraguay Itaipu Dam to Power Its Facility
Mining News · mining

Bitcoin Miner Turns to Paraguay Itaipu Dam to Power Its Facility

Sazmining Embraces Renewable Energy Sazmining, a popular Bitcoin mining firm, opened its new facility in Paraguay early last week. The company has now announced that it will use renewable energy to power mining equipment. Sazmining operates crypto mining rigs bought by customers and then takes a 15% commission for runn

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What is Cloud Mining? – Everything You Need to Know
Hardware Guide · guides

What is Cloud Mining? – Everything You Need to Know

Are you looking to understand everything about cloud mining? You are at the right place. This guide explains what cloud mining is, how it works, and the platforms you can use to participate in cloud mining. So whether you are an experienced crypto user or a beginner, after reading this article, you should be able […]

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Top 6 Binance.US Alternatives Supporting US Dollar Withdrawals
Hardware Guide · guides

Top 6 Binance.US Alternatives Supporting US Dollar Withdrawals

After the United States Securities and Exchange Commission launched a regulatory attack on Binance.US earlier this year, the exchange decided to stop supporting US dollar withdrawals. Since then, American crypto users have been looking for other trading platforms that allow USD withdrawals. This article lists some of t

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A Comprehensive Beginner’s Guide to Buying Dogecoin (DOGE)
Hardware Guide · guides

A Comprehensive Beginner’s Guide to Buying Dogecoin (DOGE)

Are you a memecoin fan? Check out Dogecoin, one of the top ten crypto assets by market valuation. This article will show you how to buy DOGE, but before that, it is essential we know everything about the memecoin. Exploring Dogecoin Launched in 2013, Dogecoin is the brainchild of software engineers Billy Markus and Jac

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Uncovering Crypto Social Media Scams – How Do You Stay Safe?
Hardware Guide · guides

Uncovering Crypto Social Media Scams – How Do You Stay Safe?

For years, bad actors have been using social media platforms to lure innocent investors into scams. To understand how you can identify and avoid such traps, continue reading this article. Crypto Social Media Scams With billions of people now able to access various social media platforms, thanks to the availability of t

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10 Top Reasons Why You Should Use Wirex Crypto Card for Your Daily Transactions
Hardware Guide · guides

10 Top Reasons Why You Should Use Wirex Crypto Card for Your Daily Transactions

Blockchain technology is revolutionizing how we make our daily transactions. Web3 firms are using it to provide solutions for making transactions securely and fast. Crypto cards are among the solutions. This article lists ten benefits of using one of the popular crypto cards, Wirex. Wirex Crypto Card Benefits Seamless

A Guide to BitFuFu: Everything You Need to Know About the Cloud Mining Platform
Hardware Guide · guides

A Guide to BitFuFu: Everything You Need to Know About the Cloud Mining Platform

In the past two years, BitFuFu has seen its user base grow exponentially, with the company continuing to position itself as a reliable cloud mining platform. In this article, we will explore all the features of BitFufu and its role in the crypto mining sector. BitFuFu Defined Founded by Leo Lu in 2020, BitFuFu is […]

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