EMI
In 2022 the price of Bitcoin and other crypto declined substantially. Ethereum went from proof of work to proof of stake. Energy prices went up significantly due to inflation. But now it is 2023, so after all those events in 2022, the question remains, is it still worth mining Bitcoin in 2023? In this article … Read more
A little over a month ago, around 3AM EST on September 15th, Ethereum officially merged from Proof-of-Work to Proof-of-Stake. What exactly was the Ethereum merge? What does the Ethereum merge mean? How does the Ethereum merge affect miners? These questions, and more, will be answered in this article. What is Proof-of-Work and Proof-of-Stake? In order … Read more
When you are interested in owning your own crypto-mining rig or when you already have a complete crypto-mining rig and are trying to mine Bitcoin or other cryptocurrencies, there are a lot of questions you might still have. This article will try to answer some common and uncommon diy cryptocurrency mining questions. Which Cryptocurrency Mining … Read more
What is a Crypto Mining Rig? A crypto-mining rig consists of an enclosure that holds several crypto mining machines or a case that holds separate pieces of hardware that have the ability to mine. These machines can be ASIC miners, specifically made for mining crypto currencies, but the hardware can also be several GPUs used … Read more
Having a good crypto wallet — one that is reliable, private and secure — is important when using digital currencies. Whether you want to use an online wallet, physical wallet, or both, you’re going to need to pick one that you trust. Because we mine Bitcoin at Elite Mining Inc, we have wallets to store … Read more
Market sentiment is the attitude of investors towards a particular security or financial market. It’s the current market feeling, and it’s tied to the activity and price movement of the asset being traded. If market sentiment is negative, for instance, that could explain why people are selling. In this sense, market sentiment drives demand and … Read more
Ensuring that you keep your cryptocurrency secure is one of the core tenets of crypto investing, staking, or even being part of the community. It is one of the main hurdles that people face when they first start investing, and most people who don’t invest in crypto are put off by the idea of having … Read more
At Elite Mining Inc, we’re creating a series of articles about everything crypto. As part of our crypto education series, we’ll take a look at the metaverse today. See our first educational article on DeFi here. Everyone seems to be talking about the metaverse, especially following the news of major companies journeying into this new … Read more
DeFi exploded onto the scene in 2020, providing cryptocurrencies with a new use case and giving people greater control over their money. The total value locked in DeFi protocols rose from nearly nothing in early 2020 to $202.2 by late January 2022 (DefiLlama). It’s easy to see why DeFi has become so popular. It’s because … Read more
2021: A Year to Remember for Elite Mining Inc Greetings Elite Mining Community, We hope 2022 is off to a great start for you. We wish you peace, health and happiness in the new year. We’d like to thank you for the support you’ve given Elite Mining Inc. Without you, we couldn’t fulfill our mission … Read more
