Archive for the ‘Crypto News’ Category


The cloud mining provider Genesis Mining has announced their project called Genesis Hive – a web interface that enables you to easily setup, watch, and manage your bitcoin or altcoin mining farm. Think of it as the ultimate control panel to manage your mining rigs in a large scale crypto currency mining operation such as the one the company has been operating. In fact the Genesis Hive has been developed for internal use as the company needed to be able to have an easy to use solution for monitoring and controlling of the hardware in their own mining data centers. The project is designed for large scale mining operation and is not intended for small home miners, so if you are interested you can check more details about the solution and inquire for additional information such as hardware compatibility and pricing.

For more information about the Genesis Hive mining farm web-based management software…


It seems that the number of unconfirmed transactions on the Bitcoin blockchain has been growing steadily over the last few days with the increase in price and user interest and trading as well. We are not sure if there is some test of the network going on yet again, but as far as we know there isn’t any at the moment. Yesterday it was over 10K and today this number has grown to over 17K and the number continues to increase, essentially making the waiting time for a transaction to be confirmed to a few hours. The wait time for transactions with lower network fees could be even more, so be aware of that when sending payments or transferring BTC between wallets.


After having trouble for quite some time, often being offline due to attacks and various other issues and even announcing that it will be shut down permamently it seems that the mining pool Yaamp has found a solution. If you try to open the official website of the pool you will notice a message saying that it has been purchased by NiceHash and the mining has been redirected to the stratum servers of the new owner. There is also a recommendation to switch to the NiceHash mining pools as after 2015-07-31 Yaamp will stop their stratum servers that are currently just redirecting to NiceHash. So if you are still mining at Yaamp you might want to consider moving either directly to NiceHash/WestHash or another mining pool.