Renewable electricity and CO2 emissions in the United States
The source of energy creation is essential to understand, especially how much of that energy comes from renewable sources.
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Bitcoin difficulty explained
Explaining cryptocurrency mining difficulty and implications for electricity prices.
Quantum computing and cryptography
We address a concern about blockchain security, namely, quantum computers and the potential of an attack on Bitcoin’s cryptography encryption.
Mining rig efficiency calculation
When it comes to mining cryptocurrencies, there are three main aspects to take into account: electricity price, mining hardware, and market conditions.
Series A round commenced!
Elite Mining Inc is proud to announce that our Series A fundraising round in the form of security token offering has officially started. EMI is a security token, representing equity in the company and accruing dividends.
Comparison of the electricity prices within the US
In the previous article, we covered the data on global electricity prices. This article will mainly focus on the electricity price differences within the USA. Dated December 2018, released February 2019: https://www.eia.gov/electricity/monthly/archive/february2019.pdf, table 5.6.A Elite Mining Inc is based in Washington state — it is, therefore, important to take a closer look within the USA. … Read more
Mining Disrupt 2019
We are going to Mining Disrupt Conference! It is great to see that cryptocurrency space is maturing, and events dedicated to specific aspects of the industry get the size and spotlight they deserve. Mining Disrupt is definitely an event for crypto enthusiasts interested in mining. Will we meet you there? Mining Disrupt 2019 Date: 23-24 … Read more
Comparison of the electricity prices worldwide
Elite Mining Inc currently has an average electricity price of $0.052 kWh, which falls within the top 15 cheapest electricity countries. The USA would be the only Western country in this list if the rate secured by Elite Mining Inc was the average for the whole country.
55 Megawatts of energy capacity
Our maximum accessible electricity cap has been raised to 55 Megawatts! It means upwards of 100 BTC a day in mining power!
Announcing Series A investment round STO
Elite Mining Inc is happy to officially announce its Security Token Offering (STO) that will begin on the 30th of April 2019.