Mining and Staking

Here you will find our coverage of the basics of cryptocurrency mining and staking. We bring you tutorials, basic concepts, news and analysis.

Cryptocurrency mining is a combination of science and art. In this section we hope to provide you with the basic information you need to understand and, perhaps, get started producing your own crypto.

How decentralized is Bitcoin? How can Bitcoin be secure if nobody controls it? by @Cryptobill
Bitcoin's decentralized consensus system is the key to understanding how it can be secure without anyone in particular having to verify every transaction. In the same article, we'v...
Why don’t miners use regular CPUs? by @Cryptobill
This is a frequently asked, but still very relevant, question in the world of cryptocurrencies. We've witnessed the heated debate involving the future of Bitcoin and one of the ...
Is cryptocurrency mining still profitable? Is bitcoin mining worth it? by @Cryptobill
Mining can still be profitable if you have access to decently priced energy, follow a few good practices and build the right rig for the right price. In this article we give you a ...
Does cloud mining make financial sense? by @Cryptobill
Remember the Old West, when naive speculators often bought maps to gold mines hoping for quick riches? Today, the basic question cowboys used to ask themselves still makes sense...
Why do I need to join a cryptocurrency mining pool? by @Cryptobill
The Bitcoin protocol is open, its source code is available to everyone and anyone can adapt this software to mine Bitcoins. In fact, the Bitcoin Core program started out with Bitco...
How do I stake Cardano? by @Cryptobill
Cardano ADA will begin its fully decentralized operation later in 2018 when the Shelley update is released. Once the Cardano blockchain goes distributed, it'll allow users to parti...
What is a Mining Pool? Do I need to join one? by @Cryptobill
As the name suggests, a mining pool is a group of miners working together to solve blocks and split the block rewards. Mining pools have become popular since GPU and ASICs started ...
Is your cryptocurrency at risk of a 51% attack? by @Cryptobill
Half plus one attacks could theoretically happen to any Proof of Work based cryptocurrency. The amount of risk of such an attack happening depends on several factors, including ...
The year of the Proof of Work genocide? by @Cryptobill
Last week the Ethereum Classic team was caught off guard. On January 6, reports of double spends and blockchain anomalies began to pour in just as ETC was celebrating the earlie...
ELI5: What is BetterHash? by @Cryptobill
BetterHash is a cryptocurrency mining method developed by Bitcoin Core developer Matt Corallo. The main idea behind BetterHash is to improve decentralization of Bitcoin mining e...