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The Correct Way of Computing Mining Profitability

Prospective miners must learn the proper way of computing crypto-currencies’ mining profitability. There are numerous mining calculators with different formulas. Mining calculators have made computations easier so you need not be a wizard in mathematics to calculate profitability. However, consider the following formula which looks very convoluted: X = Hashes per second Y = Difficulty Z = Log base…

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Mercedes Star

Daimler AG, Owner of Mercedes, Takes Over Bitcoin Service Provider in Digitization Strategy

The owner of Mercedes (Daimler AG) has taken over PayCash Europe which provides Bitcoin payment services. This latest and surprising move is believed to be the German automotive multinational’s decision to try new business ventures like mobile payments. As a licensed electronic money teller in Luxembourg, PayCash Europe presents solutions for digital currencies. The exchange…

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