Tag Archives: Rig

It Is No Longer Worth It To Build An Ethereum Mining Rig

Goodnight, sweet prince. Image: Daniel Oberhaus/Motherboard Back in May I wrote a guide explaining how to build an Ethereum mining rig, a special type of computer that forms the backbone of the Ethereum network and earns ether, the digital currency native to the network, for its owner. Shortly thereafter, Motherboard also made a video documenting […]

Singaporeans Turn to Bitcoin Mining, Phenomenal Increase in Mining Rig Sales

Many Singaporeans have recently caught up with the Bitcoin craze, they turn to Bitcoin mining for ‘passive income,’ causing a sharp increase in demand for mining rig and graphics cards in the country. Sharp increase in mining rigs demand Channel News Asia reports how one Singapore-based mining rig manufacturer has experienced a sharp increase in […]

You Can Collect Bitcoins Using Samsung’s Mining Rig Made From 40 Old Galaxy Smartphones

Making Old Hardware Useful Consumer behavior when it comes to smartphones — particularly flagship devices like Apple’s iPhone and Samsung’s Galaxy phones — has become quite predictable. As these premier devices get upgraded every year, most people tend to stick to their device for only two years. Most find themselves with older smartphone models that, more often, […]

Samsung Builds Bitcoin Mining Rig Using Old Phones

Technology Samsung’s new ‘upcycling’ initiative has seen the company repurpose outdated technology for novel and creative utilities, including the construction of a bitcoin mining rig from out of old smartphones. Also Read: Arras Lives on Bitcoin for a Week and Proves Bitcoin Is Gaining Acceptance The ‘Upcycling’ Program Has Seen the Company Turn […]

Samsung Made a Bitcoin Mining Rig Out of 40 Old Galaxy S5s

Smartphones are ubiquitous, but smartphone habits are as diverse as the people using them. I like to buy a flagship device, such as an iPhone X or Pixel 2, and use it for four or five years. Others buy into upgrade plans with their carrier that lets them change out their phone every year. But […]

Our Ethereum mining rig – From riches to rags

When we bought our Ethereum mining rig, our plans for early retirement and yacht parties were drawn up that week. Unfortunately, we may have overestimated our potential returns – and now our web developer has a beach house in Mexico he cannot afford to make repayments on. Our rig sports six Aorus Radeon RX 580 […]

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