Crypto Mining Blog
It Is All About BTC, LTC, ETH, DOGE, KAS mining as well as other alternative crypto currencies
Search
It seems that due to the peak of price and interest in Bitcoin (BTC) even the largest cloud mining companies like Genesis Mining are having trouble securing enough mining equipment in larger quantities fast in order to satisfy the growing demand. The company has started a limited pre-sale of Bitcoin cloud mining contracts with mining expected to start on 28.02.2018 or roughly more than 3 and a half months from now when you can purchase hashrate. As a regular customer if you want to purchase a Bitcoin mining ASIC from Bitmain you would still need to pre-order with current batches scheduled for early 2018 shipping as well, though you can manage to find some overpriced Antminer S9 units in stock currently for sale as well. Unfortunately alternatives to Bitmain such as Canaan’s AvalonMiner 741 are also out of stock at the moment and that goes even for the less know and popular Ebit E9 miners as well.
Securing Bitcoin mining hardware or even cloud mining contract for such seems to be not so easy at the moment, and even the GPU mining craze from earlier this year has calmed down and profits through altcoin mining and selling for BTC are not as high and attractive for many users. Aside from Bitcoin cloud mining hashrate the company is also selling Ethereum cloud mining contracts with immediate start and the same goes for Monero and Zcash mining contracts. Currently DASH and Litecoin mining contracts are not available, though we would be extra careful with DASH specially due to the inflow of many new X11 ASIC miners on the market and difficulty skyrocketing on a daily basis. Litecoin has been more active lately and things are moving there as well and the user interest is higher in mining capacity for Scrypt ASIC miners as well as even for cloud mining options.
– If you are interested in checking out the current cloud mining offers of Genesis Mining…
The Bitcoin Gold (BTG) team has announced the official launch time for the mainnet (currently on testnet) when the mining of the coin will become possible and its actual integration into exchanges and hopefully coin distribution and coins being possible to claim by Bitcoin owners that held BTC at the day of the blockchain snapshot. The official start date for start of Bitcoin Gold is set for 12th November (7:00 UTC) when the download of Bitcoin Gold full node client will be made available. The BTG blockchain will officially go live and the mining will begin and wallets and exchanges will be able to process deposits, withdrawals and trades (as soon as they are ready). We are still going to have to wait a couple of more days or more for larger exchanges to evaluate the software and decide should they add support for BTG and distribute Bitcoin Gold coins to their users that had BTC available at the time of the blockchain snapshot. Some good places to trade the coin include Binance, HitBTC, Gateio, Livecoin, Crex, Stex.
Update: The launch time was moved from the initially announced 7:00 UTC to 19:00 UTC.
– For more details about the upcoming official announcement for the Bitcoin Gold (BTG) Launch…
- Published in: Crypto Coins
- Related tags: Bitcoin fork, Bitcoin Gold (BTG), Bitcoin Gold launch date, Bitcoin Gold mining, Bitcoin Gold mining start, BTC fork, BTG, BTG launch date, BTG mining, BTG mining start
It is official now – the Segwit2x effort as a solution for Bitcoins scalability problem has been cancelled for the moment and it will not happen at least in its current format. The lack of consensus supporting Segwit2x is the main reason for the project being cancelled, so no 2MB Segwit blocks for now. Eventually Bitcoin will need some sort of a solution for further scaling of the network with the price going higher, more transactions happening on the blockchain and the fees starting to increase again as a result. As a result of the Segwit2x getting cancelled there will most likely be a significant price fluctuations for Bitcoin in the next couple of days with analysts expecting that altcoins should start to get back their lost positions and the altcoin market will most likely boom once more.
– To read the official announcement of Segwit2X getting cancelled on LinuxFoundation.org…