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Couple Put Entire Life Savings Into Bitcoin Mine

Sponsored by A couple have gone for an unusual way of making money for their future, by investing more than $100,000 into Bitcoin mining, purchasing the machines, electricity and the space to create more of the digital currency. The entrepreneurial couple have tried unusual money making decisions in the past, with one half of the couple, Amanda Ryland saying; “Most endeavours have been profitable…They may sound crazy, but I trust him [husband Dan Ingram].” Her husband justified his latest decision by saying; “If I was looking for get rich quick, I would have just bought Bitcoin, and just sat there...

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Tesla Owner Mining Bitcoin For Free!

A Tesla owner claims to have come up with an environmentally friendly solution to mining Bitcoins, something that is becoming increasingly difficult as the popularity of the cryptocurrency soars. This solution could be the perfect answer to all mining problems, as the current mining rigs use so much power – they are accountable for using 0.13% of the world’s total energy consumption. This equates to more than the whole of Ireland! So how have they done this, and is it really the perfect solution? According to a Facebook post on the Tesla Owners Worldwide page, the owner has installed a...

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Black Friday!, Fill Ya Boots Crypto Miners

We all know that mining is not cheap so we need to take advantage of the many great deals available on Black Friday weekend. We have searched the web and found the latest deals. There is a mixture of UK and US deals to look through. Feel free to comment anything else that has caught your eye. If you like Destiny 2 you are on for an added treat. This ZOTAC GTX 1070 Mini is the cheapest GTX 1070 available right now. Newegg as it on offer at $419. It has been seen below $400, but today this is the...

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The Russian cottage heated by Bitcoin mining

A pair of Russian builders may have stumbled on an environmentally friendly way to utilise the energy produced by Bitcoin mining. Ilya Frolov and Dmitry Tolmachyov, from Irkutsk in Siberia – which experiences average temperatures of between -6ºC and -18ºC from November to March – have built a small cottage in the town and installed two bitcoin miners to warm up a liquid which is then transported through a heating system installed beneath the floor. Because Bitcoin mining – which validates the transactions made using the cryptocurrency – rewards those who invest in the technology with a small amount of...

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Cryptocurrency malware mining on the rise - especially in the US

2017 has seen cryptocurrencies really start to take off, with the price of one Bitcoin increasing by over 700% since January. Unfortunately, this has made the market a prime target for criminals, who are looking to 'steal' money by using unsuspecting victims' internet connection and power. One of the most popular tactics identified in recent weeks has been the use of 'fake' Android applications. These often masquerade as legitimate-looking apps on the Google Play store but, once downloaded, they are able to mine digitial currencies for hackers – without the phone user ever knowing. James Nguyen, mobile product manager for...

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