bitcoinwealth

Solaris Mobile Mining: A Second Chance at Bitcoin Wealth?

Solaris Mobile Mining: A Second Chance at Bitcoin Wealth?

Cryptocurrency is an ever-changing space, with new platforms and technologies appearing almost overnight. Among these is the concept of mobile Bitcoin mining, which aims to make cryptocurrency mining more accessible to the average user. One example is Solaris Mobile Mining, which allows any user with a mobile app on their...

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Ledger Nano S Sunset: Is It Time to Upgrade Your Crypto Wallet?

Ledger Nano S Sunset: Is It Time to Upgrade Your Crypto Wallet?

Even newer to the market, the Ledger Nano S has been an extremely popular entry point for many into the world of cryptocurrency hardware wallets. Its combination of affordability and ease of use made it the default choice among those looking to secure their digital assets. With Ledger's announcement that...

Ledger Nano S EOL: Time to Upgrade Your Crypto Security?

Ledger Nano S EOL: Time to Upgrade Your Crypto Security?

Cryptocurrency moves at the speed of light. As it matures, we need to bring the same sophistication to the tools we use to defend our networks and protect our digital resources. For some, the Ledger Nano S has been a reliable partner on this path. With frequent tech upgrades and...

Litecoin (LTC) Explained: Is It Still Relevant in 2024?

Litecoin (LTC) Explained: Is It Still Relevant in 2024?

Litecoin (LTC) has been the underdog in the crypto space for more than ten years. Born as an alternative to Bitcoin, it sought to address some of Bitcoin’s shortcomings, including transaction speed. The crypto landscape today is a far cry from when Litecoin was created. In this post we will...

BTC.com's Binance Bonanza: Miners HODL at $100K! What's Next?

BTC.com's Binance Bonanza: Miners HODL at $100K! What's Next?

Cryptocurrency advocates have been making a lot of noise about a new trend in Bitcoin mining. Recent data indicates that BTC.com, a major mining pool, is directing a staggering 98% of its miner transfers to Binance. This concentration of Bitcoin flow presents some broader strategic implications for the market. It...

Bit Digital Dumps Bitcoin for Ethereum: Genius Move or Risky Bet?

Bit Digital Dumps Bitcoin for Ethereum: Genius Move or Risky Bet?

Bit Digital, a New York-based crypto mining firm, is rattling the digital currency ecosystem. They’re doing this in a big way, though, by completely shifting their business model from Bitcoin mining to Ethereum staking and treasury management. This strategic pivot raises important questions about the associated risks and rewards. The...

D'CENT's "Tap That Drop": Your Gateway to Web3 Rewards!

D'CENT's "Tap That Drop": Your Gateway to Web3 Rewards!

D'CENT Wallet is not just sitting back. It's actively shaping the Web3 landscape. It proves this point with its “Tap That Drop” campaign, now in its third cycle. This smart contract academy exposes users to the thrilling universe of dApps and crypto assets. From explorers to collectors, participants will experience...

Bitcoin Hashrate Surges: What's Behind the Mining Rollercoaster?

Bitcoin Hashrate Surges: What's Behind the Mining Rollercoaster?

Bitcoin's hashrate, a key indicator of the network's security and mining activity, has seen some dramatic swings recently. Geopolitical events, environmental issues, technological changes, and potential errors in reporting contribute to the volatility. Together, their engagement forms a daunting terrain that can lead to discouragement. To navigate this reality, or...

Bitcoin Miners' $34M Plunge: Is Mining Still Profitable?

Bitcoin Miners' $34M Plunge: Is Mining Still Profitable?

Bitcoin mining—the process that keeps the Bitcoin network running—has gone from massively profitable to barely profitable. LeeChiaJian, a keen observer of the crypto landscape, investigates the recent dramatic drop in Bitcoin miner revenue and explores the long-term sustainability of mining operations under the current conditions. This example analysis provides significant...