September 28, 2025
How to Set Up and Use the Goldshell XT BOX Miner: A Complete Guide
The Goldshell XT BOX is part of the company’s popular BOX series, designed for quiet, efficient, and user-friendly home mining. Whether you’re new to crypto mining or an experienced miner, this step-by-step guide will walk you through setup, configuration, and troubleshooting. 1. Unboxing and Initial Check When your XT BOX arrives, inspect it carefully before powering on: Check the case for dents, cracks, or scratches. Spin the fan blades gently to make sure they move freely. Inspect screws and connectors to ensure nothing is loose. If you notice any issues, do not disassemble the unit—contact Goldshell support immediately to avoid...
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August 11, 2024
Understanding Mining Pool Payment Methods: PPLNS, PPS+, and FPPS in Cryptocurrency Networks
As cryptocurrency mining continues to evolve, mining pools have become an essential part of the ecosystem, enabling miners to combine their computational power to increase their chances of earning rewards. One of the critical aspects that miners must consider when joining a mining pool is the payment method used to distribute rewards. Payment methods can significantly impact a miner's profitability and the stability of their income. This article delves into three of the most common payment methods in cryptocurrency mining pools—Pay Per Last N Shares (PPLNS), Pay Per Share Plus (PPS+), and Full Pay Per Share (FPPS)—and explains how they...
August 11, 2024
The Evolution of Mining Pools: From Binance to Luxor's US-Based Operations
The landscape of cryptocurrency mining has seen significant transformations over the years, with mining pools emerging as key players in the ecosystem. These pools, which aggregate the computing power of individual miners to improve their chances of earning rewards, have evolved alongside the broader cryptocurrency industry. This article explores the evolution of mining pools, focusing on the journey from Binance’s early involvement in mining to the rise of Luxor’s US-based operations. We will also consider the perspectives of small investors and home miners who have been navigating this ever-changing landscape. The Early Days: Binance’s Entry into Mining Pools Binance, one...
August 11, 2024
The Rise of Cryptocurrency Mining Pools: How Deepbit Dominated the Network from 2011 to 2013
The early years of Bitcoin mining were characterized by rapid evolution and innovation as individual miners sought ways to increase their chances of earning rewards in an increasingly competitive environment. One of the most significant developments during this period was the rise of cryptocurrency mining pools, which allowed miners to combine their computational power and share the rewards. Among the first and most influential of these pools was Deepbit, which played a dominant role in the Bitcoin network from 2011 to 2013. This article explores the factors behind Deepbit’s success, its impact on the Bitcoin network, and the perspective of...
August 11, 2024
The 2024 Shift: How Cryptocurrency Mining Companies Are Adapting to AI Computation
The year 2024 marks a pivotal shift in the world of cryptocurrency mining as companies increasingly adapt to the demands of AI computation. This transition is not merely a technological evolution but a strategic reorientation that is reshaping the industry's landscape. As the boundaries between cryptocurrency mining and artificial intelligence (AI) computation blur, companies are finding innovative ways to leverage their existing infrastructure, expertise, and resources to capitalize on the booming AI market. This article explores the driving forces behind this shift, the strategies being employed, the implications for the future of both industries, and the perspective of small investors...
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