Mining cryptocurrency has become fashionable for charities – but does it work?

2018-7-19 14:17

Taking a cue from other global charities, leading online petition platform Change. org has launched its own philanthropic cryptocurrency mining initiative. “’The Mining Screensaver’ claims to wield the ability to change the world by utilizing the processing power of computers worldwide.

Anyone willing to contribute to the initiative can start mining by downloading and installing the screensaver app.  All Monero generated is to be donated immediately to the Change. org Foundation, in full. Firstly – let’s give Change. org the benefit of the doubt. Those looking to donate to worthwhile causes may not always have the spare cash to make a difference. A simple screensaver such…

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PoWx Seeks to Change Bitcoin Mining with “Optical PoW”

Nonprofit organization PoWx has launched this week with the goal of boosting the idea behind proof of work (PoW) through more innovative algorithms. The company is seeking to decentralize Bitcoin mining and make it more accessible to consumers through a new technology that executives have dubbed “optical PoW” — a new type of hardware that utilizes a more advanced and energy-efficient form of laser technology as the cornerstone of mining.

2018-7-14 01:04


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A new business model will take Crypto Exchange Rankings

The recently introduced “trans-fee mining” revenue model is starting to change the cryptocurrency exchange landscape, despite some criticism of the method from industry insiders. According to CoinMarketCap, two exchanges have just shot to the top of the 24-hour trading volume rankings after rolling out trans-fee mining for users. First featured by FCoin, a new exchange launched

2018-6-26 15:58