fabiochiu/medium-articles huggingface dataset:
Covid-19 impact on Mining Lubricants Market Size To Reach $3.09 Billion By 2025
By: Rajesh Varma
Tags: Mining Lubricants, Mining Industry, Covid 19, Lubricants, Mining

The global mining lubricants market is expected to attain USD 3.09 billion by 2025, according to a new report by Grand View Research, Inc. The market is expected to witness a CAGR of 4.6% over the forecast period, owing to rising demand for mining lubricants as it helps in reducing the downtime due to frequent oil changes, maintenance and components failures as well as economizing high cost of equipment will propel industry expansion over the forecast period.

Growth of drilling and exploration activities on a global level, as well as increased demand for mining equipment, has a direct and positive impact on mining lubricants demand. In addition, Stringent regulations imposed by government bodies towards environmental protection are anticipated to augment the demand for bio-based lubricants.

Automatic lubrication systems provide an exact amount of lubricants including oil or grease to moving parts such as bearings to reduce friction and wear. The market for automatic lubrication systems is anticipated to fuel the demand for mining lubricants as the companies are taking various initiatives to increase their presence in the market owning to better labeling and appropriate specifications of their synthetic lubricants.

Iron ore mining accounted for 23.5% of the overall share in 2016 and is likely to witness substantial growth as a result of increased demand for steel in developing nations mainly China and India as well as dependence on steel for construction and transportation purposes.

U.S. mining lubricants market volume by product, 2014–2025 (Kilo tons)

To request a sample copy or view summary of this report, click the link below:

www.grandviewresearch.com/industry-analysis/mining-lubricants-market

Further key findings from the report suggest:
Unicorn Mining: month 5. One transaction: UNI -> HNT.
By: Aleksandr Cryptoved
Tags: Investment, Bitcoin, Altcoins, Tothemoongame, Mining

November results for the risky part of the “Unicorn Mining” portfolio.

💲 Total invested: $1000

✅ Current balance: $6255

📆 Duration: 5 months

🔸 # exit + 🆕 # investments

200 UNI tokens of the Uniswap decentralized exchange were sold. With the proceeds, I bought 462 HNT IoT tokens from the Helium project. The price of HNT has dropped by 11%, so there is an opportunity to purchase these tokens even cheaper.

💲 # deposit

I did not add new funds to the portfolio. We hit the target as we were going to add $200 of new investments monthly on average. In July and August, the plan was exceeded. Now everything is clear according to the plan: in the 5th month, $1000 should be invested in the portfolio, and we came to this.

▪️▪️▪️

During the month, portfolio gained +28.7% ($ 4860 -> $ 6255). That is good enough for a portfolio of new coins. The capitalization of the entire market for the same period increased by +44%, and the price of bitcoin rose by +41.3%. Shock month for top cryptocurrencies! For many distant alts, the month turned out to be difficult, while some also skyrocketed in price. Our result is inferior to the market, but if $200 were simply invested in bitcoin over the past 5 months, then $1000 would turn into $1826 now. Of course, this is also super profitable in such a short period of time, but we are still better. All deals can be tracked on the “Deals” sheet in the Google Tab.

10 new alts that I selected for monitoring in November and which showed positive dynamics:

Freeway Token is a token of the AuBit trading and investment platform (I bought FWT outside of our experiment, since there was such an opportunity for holders of TrustSwap tokens, with the second batch it will already be possible to break even or a small plus).

Dvision Network is an ecosystem of VR content with ERC-20 Dvision Tokens.

Axie Infinity is a cryptocurrency game with Axie pets, which are presented in the form of tokens.

zLOT is a staking protocol built on top of the optional Hegic protocol, both work over the Ethereum blockchain

Alpaca is a cryptocurrency pet game in the form of NFT.

Conflux Token is a native token of the Chinese blockchain startup Conflux Network.

CyberFi is DeFi automation tools with a friendly user interface.

Dtube is a decentralized Youtube.

Unifi Protocol is a DeFi platform for multiple blockchains.

Kira Network is a protocol that allows staked assets to be liquidated by issuing synthetic tokens.

I hope that the market will please us in the New Year too! We continue our experiment “Unicorn Mining”, where every month we invest a small amount of funds in new cryptocurrencies.

We continue to record the results and new coins in the Google Sheets.

✅ Do you want to participate in private deals on early stages with me? Follow this bot please.

Do you like my content? You can thank me, just register using one of the links below:

Binance (cash back 20% forever)

UpCloud ($25 bonus, fastest cloud servers)

Trezor (hardware wallets for crypto)
Merged Mining — Mining Cryptos Simultaneously
By: Prajakta Ovhal
Tags: Cryptocurrency, Blockchain Technology, Bitcoin, Merged Mining, Mining

Can you mine two coins at a go? for example, synchronous Bitcoin and Ethereum mining or some different Altcoins. Hang on and we will discover it soon enough.

Let’s have a quick introduction to Cryptocurrency Mining.

In cryptocurrency mining, miners verify and add various transactions to the blockchain. In the past few years usage of cryptocurrency has increased tremendously. In the same manner, cryptocurrency mining has also drastically become popular. Cryptocurrency transactions are conducted every now and then. And each and every time a transaction is started, a crypto miner is burdened with the obligation of verification of such transaction and recording it on the blockchain. Mining itself includes rivalry among miners. All with a common objective; to solve complex scientific issues, and to do it as soon as possible.

Merged Mining is the way toward permitting the miners of a specific cryptocurrency to mine a completely different cryptocurrency based on the same algorithm. Because of this procedure, the hashing intensity of another, cryptocurrency can be expanded rather rapidly. The manner in which it works is that a miner is scanning for a similar response to the riddle engaged with the following square reward of more than one cryptocurrency at any given moment.

The security of crypto coins with low hashing force is supported by their connection to a parent chain.

With merged mining, miners are impelled to mine two coins at the same time. As it were, one system’s hashing force isn’t decreased at the expense of the other.

Miners are urged to channel their assets toward merged mining since they can develop their income without doing any additional work. Since one can create a greater number of assets by mining two coins as opposed to only one, all miners will eventually opt for merged mining.

Charlie Lee, the maker of Litecoin, first proposed merged mining Dogecoin with Litecoin back in April of 2014. His principal objective for this new coordinated effort between the two altcoins was to improve the security of both blockchains. Adding all the more hashing capacity to the two systems brings down the risk of a 51% attack on either cryptocurrency , so it ought to be viewed as a success win for the two gatherings.

Jackson Palmer, one of the first organizers of Dogecoin, was reluctant about merged mining with Litecoin at first. He needed to concentrate on expanding the Dogecoin instead of uniting with the Litecoin. Having said that, the choice to permit combine mining with Litecoin was made in August. It was just a couple of brief a long time after Charlie Lee’s unique proposition.

Conclusion



From the above information, one could state straightaway that merged mining is feasible. It is fantastic and likely the most secure approach to develop more youthful ventures and evade 51% attack. This allows low hash powered cryptocurrencies to increase the hashing power by bootstrapping onto more popular cryptocurrencies .
Eminer hash rate platform
Tags: Cryptocurrency, Blockchain, Bitcoin, Mining

Hi,this is Eminer,the best cryptocurrency mining assitant.

Also,Eminer is a hash rate platform.

As an innovative global blockchain hash rate financial service platform, Eminer aims to re-define the mining industrial ecology based on blockchain hash rate and endow platform hash rate and devices certain value liquidity through specific methods to finally build into a blockchain hash rate financial service platform integrating hash rate service, financial service, investment service and information service.

Problems solved

Eminer hash rate service platform is launched mainly to solve the major pain points facing the current mining industries so as to involve more investors at lower thresholds and share the bonus brought by blockchain development.

Lowering industrial threshold and improving assets liquidity

After endowing miners, mining farms and other fixed assets and hash rate certain value liquidity through specific way of platform, Eminer platform lowers the access thresholds of the entire mining industry so as to involve more investors interested in mining without investing costly fixed assets cost and share the returns brought by mining. Meanwhile, the assets liquidity of mining farms and miners is improved to achieve faster development.

2. Carrying out large-scale and professional operation to lower expenditure cost

Compared with the mining ecosystem that is small, scattered and localized, large-scale and professional operation is the trend and direction for future mining industry. Eminer platform will produce certain scale effect through continuous building and purchase of infrastructure and mining devices and cooperation with other ecology partners, thereby lowering platform purchase, construction and operation cost. Meanwhile, due to the large scale of platform, it enjoys comparative advantage in electricity resources and compliance qualification.

3. Providing cross-currency mining service to improve mining DOF

As the consensus algorithm among different currencies varies, the miners required also vary. As a result, it puts some limits to the DOF of miners. However, Eminer platform can provide mining services of different currencies under different conditions according to the personalized requirements of miners so as to enhance the mining DOF of miners.

4. Empowering financial attribute to provide financial services for users

The development of any industries cannot be separated from financial support. Eminer platform continues to expand its financial services and products and provide all-directional financial services and support for ecosystem members such as miners, mining farms, pools and miners manufacturers and help the member to better stay afloat.
How to get rewards SFG + CRV + SNX on S.Finance?
Tags: Sfg, Defi, Blockchain, Sfinance, Mining

What is SFG?

SFG is the governance token issued by S.Finance with a circulation of 21 million in tribute to BTC. Follow 100% contribution-based distribution, no private placement, no pre-dig. It is expected to halve the amount once a year. Minted SFG per day will be 0.2% of the remaining per day.

Official website: https://s.finance/

How to get SFG on S. Finance?

Firstly, you need to prepare as follows:

Have an ETH wallet, such as MetaMask, imToken wallet, etc. Transfer stable coins and ETH into your wallet (for fee)

First, Create / add wallets

S.Finance supports a variety of digital wallets, including MetaMask, Trezor, Ledger, and imToken. We will take the MetaMask wallet as an example to explain how to obtain SFG.

Second, Connect wallet

It is recommended to use the Chorme with the MetaMask wallet installed to access the official website of S.Finance.

2. Click the【Connect wallet】button or directly click the MetaMask icon on the page

Tired, Deposits and withdrawals

Users could get LP Tokens by depositing stable coins in a liquid mining pool. Then users could get SFG+CRV+SNX by staking LP Tokens.

At the initial stage, S.Finance support SUSDv2 pool, with DAI, USDC, USDT and sUSD stable coins.

You will need to transfer the stable coins and the ETH (as a fee) into your wallet;

2. click【Deposits and withdrawals】or click the Stable list under the web to connect the liquidity pool.

3. deposit tokens you want to deposit into your savings account, and the Smart Contract will estimate the number of sUSDv2 LP tokens you can acquire; Then you could stake LP token to mining.

Fourth, Mining

1）”Deposit” will be displayed on the “Rewards” page. Click the “Receive Rewards” button to extract SFG or CRV+SNX mining rewards to your bound wallet.

！！！Congratulations!!! You finish S.Finance 3 rewards mining (SFG+CRV+SNX)！！！

Join S.Finance group：

• Discord https://discord.gg/rc49Dzu

• Twitter https://twitter.com/SFinanceEx

• Telegram https://t.me/SFinanceEN

• Telegram_cn https://t.me/SFinanceCN
Bitcoin Halving will occur May 2020
By: Huobi Africa
Tags: Nigeria, Bitcoin, Ethereum, Blockchain, Mining

Will, the price of Bitcoin, hit a new All-time High (ATH) after the Halving happening on May 20th, 2020?

Bitcoin has always gained massive growth after Halving, taking us back to July 2016 Halving, which was the second Halving that saw Bitcoin Block reward reduced to 12.5 BTC and reached a massive ATH of 20,000 USD in 2017.

The third Halving will be occurring this new year 2020, and the Block reward will get reduced to 6.25 BTC. What do you think the price of bitcoin will be after the third Halving? Do you believe the prediction of 100k USD by some industry experts will be?

Image credit: Masterthecrypto.com

Let me help explain what Halving is for our new member to the Blockchain industry or can say, bitcoin family 😊 😊😊

We might have read that Bitcoin has a max mining output of 21 million BTC to be mined by the year 2140, and about 85% mined already.

A protocol created within the network which tends to perform a cut in the block reward after a certain number of Block has been reached (210,000 Blocks), this tends to make the mining of coins more difficult by reducing the reward by Half. Miners receive 50% fewer BTC for verifying a transaction. that is what is called Bitcoin Halving.

Block is a term used to define a new set of transactions added to the bitcoin blockchain network by miners and rewarded for it; that is what we call “block reward.” The miners use specialized equipment and load electricity to solve complex mathematical problems to be able to achieve this, which occurs every 10 minutes on the network.

What will halving mean for the Bitcoin price? The simplest way to answer; look at low supply and more demand theories in our regular market. When a commodity is not readily available to meet increasing demand could help in boosting the price demand on the commodity. That theory does not mean any form of financial advice, but logic, you still need to study and make your decisions according to your capacity.

Happy New Year

Please reach out to Huobi Global through the below contact.

Email: ng.cm@huobi.com

Visit: Huobi Global

Join our social communities

Telegram: https://t.me/HuobiNGN

Twitter: @HuobiAfrica

Facebook: https://www.facebook.com/HuobiAfrica/
Endless Potentials of Rare Earth Elements
By: Wanda Mills
Tags: Stock Market, Economy, Stocks, Mining

The seventeen chemical elements in the periodic table known as rare earth elements include the fifteen lanthanides, as well as scandium and yttrium. Scandium and yttrium are rare earth elements since they are found in the same ore deposits as lanthanides and have chemical properties that are identical. Rare earths, despite their name, are not that very rare and are found in large quantities in the Earth’s crust. The unusual part is that it’s rare to find them in large enough quantities to sustain economic mineral production. Check disclaimer on my profile and landing page. Rare-earth elements are required in over 200 products across a broad range of applications, especially high-tech consumer goods. Furthermore, I recently learned that from these other companies, discovery of rare earth elements might be the key to future Independence. (1) Curious? Are you interested in learning more? You might look at what they’re doing with these rare earth elements and see what they’re up to.

In recent years, it was said that expert panels assembled by research institutes and government agencies have emphasized unique REEs as raw materials essential to emerging technologies like clean-energy applications, high-tech military components, and electronics. Indeed, there’s a high potential exists for disruptions in REE supplies. As a result, REEs were ranked high on the “criticality” factor of raw materials by many expert panel studies, indicating that they are of high technical and economic significance and pose a high supply-side risk. In addition, it was said that these other companies are focusing on the mineral deposit acquisitions containing metals and elements commonly used in the electric power market, military, national security and green technology. (2) This should be on your radar now. Explore and learn more possibilities and potentials that these other companies could do in our rare earth elements.

The success and timeliness of rare-earth mining projects, as well as the rare-earth elements industry in general, are difficult to forecast and should be closely monitored and studied further. sponsored post. Things are going to be interesting for rare earth elements as we go into the future!

Source 1: http://www.rareelementresources.com/rare-earth-elements#.YHg7AOgzaUk

Source 2: https://pubs.usgs.gov/fs/2014/3078/pdf/fs2014-3078.pdf
Minerals and their Derivatives are Essential for Modern life
By: Ocean Kelly
Tags: Stock Market, Finance, Technology, Mining

Mineral exploration is the process of searching for evidence of any mineralization hosted in the surrounding rocks. The general principle works by extracting pieces of geological information from several places, and extrapolating this over the larger area to develop a geological picture. Exploration works in stages of increasing sophistication, with cheap, cruder methods implemented at the start, and if the resultant information is economically interesting, this warrants the next, more advanced (and expensive) techniques. sponsored post. However, it is very rare to find sufficiently enriched ore bodies, and so most exploration campaigns stop after the first/couple of stages. To successfully do the work, these mining companies should be helped by an experienced mining team in order to locate enough enriched minerals. (1) In addition, several technologies on mining exploration we’re being studied to aid this problem. Will this make current mining explorations more efficient? Let’s have a peak on this article.

Many countries depend on mineral mining to increase their people’s resources, and their economies are based on finding minerals. Iron, copper, gold, silver, molybdenum, zinc, coal, plutonium, sulfide, tin, chromite, potash, and other minerals were discovered. Geophysical approaches play an important role in mineral discovery, groundwater investigation, and hydrocarbon exploration, according to geophysicists. Owing to mineral exploration activity in increasingly deeper wells, durable sensors that can work in high-temperature and hostile environments are in high demand. Check disclaimer on my profile and landing page. Fiber-optic sensors meet most of requirements of these demanding applications with their high temperature capacity, multiplexed and distributed sensing and small space placement capabilities. (2) Mining explorations may be more systematic than ever before with the aid of these technologies and several mining companies. This technology, as well as the developers who created it, are doing an excellent job!

Minerals and their derivatives are essential for modern life. Minerals are used as raw materials for almost all of the products we use. They embrace the way we live now and how we want to live in the future as we face the many problems that society faces. But we shouldn’t be worry; with today’s technologies and current mineral discovery companies, the mining industry will be in good shape! Let’s keep an eye on it!

Source 1: https://www.intechopen.com/books/minerals/introductory-chapter-mineral-exploration-from-the-point-of-view-of-geophysicists

Source 2: https://www.gsi.ie/en-ie/programmes-and-projects/minerals/Pages/default.aspx
Inventions and Technologies from Rare Earth Elements
Tags: Finance, Technology, Investing, Metal, Mining

The rare earths are a group of 17 metallic elements in the periodic table that are found in the center. These metals have peculiar fluorescent, conductive, and magnetic properties, making them extremely useful when alloyed (or mixed) with more common metals like iron in small amounts. The rare earth elements are not very rare geologically. These metals are present in abundance in many areas around the world, with certain elements in the earth’s crust in about the same abundance as copper or tin. Rare earths, on the other hand, are rarely present in high amounts and are commonly found mixed in with other elements or with radioactive elements like uranium and thorium. sponsored post. Moreover, it was said that the global community is in desperate need of rare earth supply, and with these other companies it was said that they might have the solution for that. (1) Do you want to know how could they able to supply rare earth elements? Find out how to do it here.

Rare earth elements are difficult to distinguish from surrounding materials and from one another due to their chemical properties. They are also difficult to purify due to these characteristics. To extract small amounts of rare earth metals, current processing methods need a lot of ore and produce a lot of harmful waste. Rare earth elements are being used more often in modern culture as we gain a better understanding of their special properties. Many popular technologies, such as smartphones, LED lights, and electric cars, contain rare earths. Rare earth elements are used in oil refining and nuclear power, while others are important in wind turbines and electric vehicles, as well as in medicine and manufacturing. Rare earths have become critical to modern life, but most Americans are unaware of our reliance on them. On the other hand, I came across with these interesting companies, it was said that they are an advanced mineral exploration companies focused on metals and elements commonly used in the EV market, military, national security and green technologies. (2) This is something you should be aware of right now. Investigate and learn more about what these other corporations might do with our rare earth elements.

Since rare earth elements are widely used in many of these industries, demand for them is expected to remain high. Check the disclaimer on my profile. Rare earth element-based inventions and technologies are on the way! While we wait for it, we need to learn more about this REE.

Source 1: https://www.sciencehistory.org/learn/science-matters/case-of-rare-earth-elements-history-future
Mining Industry Continuous Advancements
By: Pixie Dust
Tags: Stock Market, Finance, Technology, Mining

Mineral reserves are naturally occurring accumulations or quantities of metals or minerals of adequate size and concentration that may have commercial significance under the right circumstances. Ore is a term used to describe economic quantities of metals or other mineral resources. Mineral products are naturally occurring mineral quantities that may be economically extracted. The distribution of mineral deposits is determined by the geological processes that formed them. Mineral deposits are therefore commonly clustered in geological provinces (mineral provinces or mineral districts) with some provinces being strongly endowed in particular mineral commodities. Check disclaimer on my profile. Global demand for metals has improved considerably over the past decade. Geologists are developing new approaches for studying ore deposits and discovering new sources. (1) What should be the effect of these actions taken by the mining industry on mining explorations? Let’s take a look at this article.

Mineral exploration and development are investigative activities prior to mining. The rewards of successful exploration and development can be large, if a mineral deposit is discovered, evaluated, and developed into a mine. For a mining company, successful exploration and development lead to increase that value of the company. sponsored post. For a local community or nation, successful mineral exploration and development can lead to jobs — often well paying — that otherwise would not exist; to new infrastructure, such as roads and electric power supplies, that are catalysts for broader, regional economic development; and to increased government revenues that, in turn, can be invested in social priorities such as education, health care, and poverty alleviation. In order to satisfy the global need for mineral reserves, mining companies are coordinating to each another to improve the mining industry. (2) This is outstanding work from the mining industry! As a result, it is reasonable to anticipate that the mining industry will be in fine condition in the future! Let’s keep an eye on this company!

Exploration and discovery of minerals are data-gathering practices. Mineral discovery and production, in this context, refers to a series of practices that gather data needed to locate mineral deposits and then determine whether or not they can be built into mines. The mining industry and the companies involved are just continuing to raise the standard! I’m excited to see how much this industry will progressed!

Source 1: http://www.ga.gov.au/scientific-topics/minerals/mineral-exploration/deposits-events

Source 2: https://www.miningnorth.com/_rsc/site-content/library/education/Mineral_Exploration_&_Development_Roderick_Eggert_Eng.pdf
50 BEST MCQ QUESTION IN OPENCAST MINING FOR GATE
By: Sibu Sibu
Tags: Opencast Mining, Mcq Question, Mining

MCQ QUESTION FREE

In Mining Industry Opencast mining knowledge is more important because in every mining related exam exam there are common subject is opencast mining so that in this subject MCQ QUESTION is most important so that we are decided that the best quality content provide to you and in opencast mining MCQ QUESTION there are 50 question and lastly you get correct answer.

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50 BEST MCQ QUESTION IN OPENCAST MINING FOR GATE AND ALL OF THE EXAM FREE

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Created on May 02, 2021

OPENCAST MINING MCQ QUESTIONS

In this 50 BEST MCQ QUESTION IN OPENCAST MINING FOR GATE AND ALL OF THE EXAM we will provide the best quality of question which can help you to crack any type of exam related to this mining industry.

In this MCQ questions we give all type of mining question and previous year questions as soon as possible and all type of theory questions , pratical question,problem question etc

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If you want to read first then click the link of opencast mining then give the test it is totally free and many of time you give the exam
Artificial Intelligence Breakthrough in Mining Industry
By: Cory Black
Tags: Artificial Intelligence, Stock Market, Finance, Mining

Mining is first and foremost a source of natural minerals, which are essential for all countries to sustain and improve their living conditions. Mined materials are needed for the construction of roads and hospitals, the manufacture of cars and homes, the manufacture of computers and satellites, the generation of electricity, and the provision of a variety of other products and services to customers. Mining is also socially significant for producing regions and nations. It creates jobs, pays dividends, fund hospitals, colleges, and other public services. Mining encourages the creation of world-class universities in geology, mining engineering, and metallurgy, as well as the manufacture of mining machinery, engineering and environmental facilities, and the development of world-class universities in geology, mining engineering, and metallurgy. For several producing countries, mining provides significant economic prospects and resources. (1) Mining is critical to economic growth; what are the steps that this industry is taking to further its development? Let’s take a look at some of their most recent discoveries.

Mining is a global industry that is fundamental to every product we use. A vital component of the mining industry is efficiency because most of the production revolves around transforming matter into different forms. It is often the case that small improvements in execution speed, process efficiency, or reduced downtimes separate a profitable operation from a complete failure. Check disclaimer on my profile and landing page. Nowadays, artificial ​intelligence is readily available in many of the products and services we use. Furthermore, cloud computing matured, hardware prices decreased, and machine to machine communication improved leading to unexpected advances in mining and industrial technology. Add the latest advances in analytics and artificial intelligence to the mix, and you get the perfect environment for improving efficiency in all areas of a mining operation. (2) Artificial Intelligence? In mining? This breakthrough is incredible! I believe that, with this technology, this mining industry will be well-positioned for the foreseeable future!

This technology will provide the very eyes and ears miners could use to identify mineral-rich projects through delivering artificial intelligence (AI) to unearth a higher likelihood of success. sponsored post. AI is also used to understand better the environment and the terrain where new development will take place. These innovations are limitless! I will be looking forward into this!

Source: https://daciandata.tech/artificial-intelligence-is-changing-the-mining-industry-examples-of-successful-applications/
Cloud Mining is the process of coin mining utilizing a remote datacenter with shared processing…
Tags: Cryptocurrency, Ethereum, Btc, Cryptocurrency Investment, Mining

Cloud Mining is the process of coin mining utilizing a remote datacenter with shared processing power.

Cloud (or remote) mining — is the process of using hardware power to mine cryptocurrency (such as Bitcoin or Litecoin) remotely. This mining model came to existence due to the fact that the increasing difficulty of mining has made it unprofitable for mining enthusiasts to mine Bitcoins at home.

Cloud mining gives people a unique opportunity to begin mining cryptocurrency without the need for a large initial investment in hardware or technical knowledge. Despite the simplicity of the cloud mining model, it is worth elaborating on a few details, specifically it’s important to highlight that remote mining comes in two forms: hosted or cloud based mining

In connection with the launch of Mygbit a bounty campaign was created this program allows you to make additional profits by performing simple tasks to earn money on this campaign you simply need to fulfill some basic requirements.

Facebook

BONUS: 1 MH/s

Goal

Share our materials on Facebook

Conditions

— Tag in feed the official account of the company @mygbit

— Your account and posts must be set to public

— Your Facebook account must be at least 3 months old

— You must have at least 50 friends in your FB profile

— There shoulld be at least 3 pesonal photos in your account

— Add the stories to your Highlights and tag #Mygbit

Telegram

BONUS: 1 MH/s

Goal

Connect to our Telegram channel

Conditions

One time bonus offer. Connect to our telegram channel, get your 1 hashpower and start mining.

Blog

BONUS: 5 MH/s

Goal

Share your blog post

Conditions

— The minimum monthly traffic of your website should be 500.

— It is necessary to give detailed information about the company in the blog post.

— Your blog website must be at least 1 year old.

— You must have at least one picture from mygbit website with your username.

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Youtube

BONUS: 10 MH/s

Goal

Make a promotion video on Youtube

Conditions

— Tag in video the official account of the company @mygbit

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— Add the comment to your Highlights and tag #Mygbi

mygbit.com/u/Dimcoin
minerstat mining tutorial #29: Spondoolies monitoring
Tags: Cryptocurrency, Cryptocurrency Mining, Crypto, Tutorial, Mining

One of the latest ASIC manufacturers that is now fully supported on ASIC Hub is the Spondoolies. We currently offer support for the following Spondoolies models:

If you have any other model and want us to add support for it, don’t hesitate to get in touch via live chat on the website or find us on our Discord. If you own other ASICs, the following tutorials might be useful: Antminer monitoring, Innosilicon monitoring, and Baikal monitoring.

Before you start

Before you start, you will have to register a new account on minerstat and add a new worker with type ASIC and the system Spondoolies .

You will also need to know your ASIC’s IP and secure shell (SSH) username and password, which are not the same as the username and password for the web login. Default SSH username/password for Spondoolies machines is usually root/root .

ASIC Hub setup

To set up the ASIC Hub you will need to have a secure shell (SSH) access to your ASIC. Like mentioned above, the SSH access is not the same as web access and also doesn’t use the same default username/password . To establish SSH access you will need special software that allows it - one such free software for Windows is PuTTY. For other systems, you can check Termius.

Download PuTTY and run it. Enter your ASIC’s local IP address, leave the port on 22, and click Open . Enter your SSH username. Enter your SSH password. If your SSH username and password are not correct, you will somehow need to find what are the correct credentials for your Spondoolies ASIC. If root/root doesn’t work, try Googling your Spondoolies' model along with “SSH login” (for example “Spondoolies SPX36 SSH login”). When you are successfully logged in through the SSH, you can install ASIC Hub.

Enter the following command to install ASIC Hub on your ASIC.

cd /tmp && curl --insecure -H 'Cache-Control: no-cache' -O -s https://raw.githubusercontent.com/minerstat/minerstat-asic-hub/master/install.sh && chmod 777 *.sh && sh install.sh ACCESS_KEY WORKER_NAME

ACCESS_KEY needs to be replaced with your minerstat’s access key. You can find it by hovering your mouse over your avatar in the top right corner on your minerstat dashboard.

WORKER_NAME needs to be replaced with your worker’s name.

Please make sure to double check everything as the access key and worker’s name are both case-sensitive.

When you press Enter the script for loading ASIC Hub to your ASIC will be run and after it has successfully finished you will see the output DONE . Within a few minutes, you should see your ASIC online, the configuration will be loaded from the ASIC to the minerstat dashboard and your worker will be successfully mining. If this is not the case, we suggest you check your firmware and make sure that you are using official firmware on your ASIC. After you have upgraded the firmware, you will need to repeat the procedure.

If you have any additional questions, you can find us on Discord or join us on your minerstat dashboard for the live chat.

Happy mining!

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More from this series:
Luxor x Bitmesh Withdrawal Guide
By: Bitmesh Official
Tags: Grin, Mimblewimble, Luxor, Bitcoin, Mining

Guide from Luxor Tech

At Luxor, we’re firm believers that the MimbleWimble protocol is here to stay and will revolutionize the cryptocurrency landscape in the short-term.

Grin it’s being developed openly, no ICO, is private by default (ensuring true fungibility) and will remain lightweight due to the implementation of the MimbleWimble protocol. At Luxor we only mine coins that we believe in, that’s why we set up a Grin Pool and support the community in any means possible. If you are a current miner of Grin or want to start mining make sure to check out our pool.

Step-by-step withdrawal process

To ensure our miners the best user-experience we partnered with our friends at BitMesh to provide a reliable, simple and secure withdrawal experience.

Start by setting up or logging into your existing BitMesh account. Then you will need to retrieve your deposit URL. To do so, navigate to Assets > Depositas shown in the image below.

You will see something like this:

Make sure to select GRIN in the Token drop-down and copy the HTTPS Address provided. Then go to your Luxor Dashboard to start the payment request. Under the Wallets tab, you will see your GRIN wallet and its outstanding balance.

Then you’ll need to click on the Withdraw Button. You will be prompted with the following screen in which you would be asked to input your BitMesh HTTPS Address.

Finalize the transaction by clicking on Request Payout. Navigate to the Statistics to see the status of your payout request. There you will see the following information:

Your Grin will be deposited on your BitMesh account immediately after 20 network confirmations (~20 minutes). Go back to your BitMesh account and verify that your Grin have been successfully credited in your account by navigating to Assets > Balance. BitMesh will send you an email after updating your balance.

You’re now ready to trade!
China NOT banning crypto mining
By: Robert Hoogendoorn
Tags: Cryptocurrency, China, Bitcoin, Mining

The Chinese National Development and Reform Commission (NDRC) has made a draft proposal to change the Catalog of Guiding Industrial Restructure. In this proposal mining of cryptocurrencies is considered ‘unfavorable’. Many media, including major news outlets like Wired and Reuters, immediately labelled the proposal as a ‘ban on crypto mining’, but reality is much more nuanced.

Let’s keep in mind that this draft proposal serves as a guideline for local governments. First and foremost local laws and needs apply and overrule the NDRC report. But let’s take a step back…

The NDRC has been changing its recommendations every few years. They started doing this in 2005 and basically label each industry with an advice: encourage, restrict or eliminate. The ones that are to be eliminated, use obsolete techniques, products or technology, and can be unlawful, unsafe, wasteful or polluting the environment. The document serves as a guideline for local governments to allocate investments, balance resources and create economic stability.

Note this, the document is a guideline for government institutes. That means that the government will no longer allocate financial investments and recover granted loans. However, local laws apply to the rules as well. It’s very unclear under which law bitcoin mining should fall, and the NDRC provides just an industry policy. There can be many reasons for local governments to allow bitcoin mining, like for example the consumption of electricity that would else go to waste.

One example is often quoted in this case. Hydropower plants in the Garze prefecture in Sichuan generated 41.5 billion kWh thanks to the rain season in summer. But 16.3 billion kWh was basically thrown away, because there wasn’t enough local consumption. That means an economic loss of $600 million. It’s not without reason that Chinese mining facilities are ramping up their factories in time for the rain season.

The people of China now have until the 7th of May to give feedback to the draft proposal. In recent months we’ve seen plenty of stories about countries that are aiming to be the next crypto mining powerhouse. The price drop of bitcoin and other crypto projects has seen many Chinese mining farms close shop. But when doors close, someone else’s doors open. Mongolia is interesting because temperatures are already very low, and electricity is quite cheap. Electricity is also very cheap in the colder areas of Iran, while the Ukraine and Kazakhstan have openly embraced mining factories in their country.
Episode 56: The Prognosis on ProgPow, with Kristy Minehan
Tags: Blockchanneltv, Ethereum, Podcast, Progpow, Mining

Press Play!

On this episode of BlockChannel, McKie, Dee and Dr. Petty are on a mission to get their heads wrapped around what ProgPow is attempting to accomplish as Kristy Minehan assists us in understanding her teams motivations and goals to retrofit Ethereum’s hashing algorithm to deter the usage of ASICs, in an attempt to make mining more egalitarian and less reliant on large scale purpose-built hardware. This is a complex subject, and its important we didn’t shy away from the hard details. Hopefully this balanced discussion serves as a means to educate the community on any ulterior motives or conflicts of interest to reduce any social contention in the greater community. The audio was left mostly unedited for full transparency.

Show Links:

Ethereum ProgPow EIP: https://github.com/ethereum/EIPs/blob/master/EIPS/eip-1057.md

Intro/Outro Music “Garden” by Grady: https://soundcloud.com/thisisgrady/garden

Show Sponsor(s):

Amentum: http://amentum.org

Disclaimer: This is not investment advice, it is an engaged discussion on new technology; BlockChannel reminds you to always do your own due diligence before investing in any crypto-related project in the industry.

More ways to listen to BlockChannel 🎧:

⚡️Overcast: Subscribe on Overcast

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⚡️Stitcher: Subscribe on Stitcher

⚡️Google Play: Subscribe on the Play Store

⚡️Tunein: Listen on Tunein
Introducing the World’s Single Largest Gold Producer
By: Frank Holmes
Tags: Precious Metals, Mining, Gold, Mergers And Acquisitions

The two largest gold miners — Barrick and Newmont Mining — announced a joint venture (JV) in their Nevada operations to create the world’s single largest gold producing company with a reserve base of 48 million ounces in the ground. The JV is estimated to save both companies $500 million in the first five years of operations due to sharing resources and tax breaks, according to GMP Securities equity research. This news follows weeks of drama after Barrick offered a hostile, all-share bid to take over Newmont. Frank comments that the JV is a much better alternative, rather than have the two companies battle it out in the capital markets. Frank also says that a big winner from this news will be Franco-Nevada Corp, which owns royalties on several of the mines in the Nevada complex.

For Frank’s full explanation, watch the video below!

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All opinions expressed and data provided are subject to change without notice. Some of these opinions may not be appropriate to every investor.

Holdings may change daily. Holdings are reported as of the most recent quarter-end. The following securities mentioned in the article were held by one or more accounts managed by U.S. Global Investors as of (12/31/2018): Barrick Gold Corp, Newmont Mining Corp, Franco-Nevada Corp.
MELECOIN- INTRODUCING THE BEST GOLD-BACKED CRYPTOCURRENCY TO THE WORLD
Tags: Cryptocurrency, Melecoin, Mlc, Blockchain, Mining

MELECOIN- INTRODUCING THE BEST GOLD-BACKED CRYPTOCURRENCY TO THE WORLD

A digital asset designed as a medium of exchange where its coin ownership records are stored in a ledger is referred to as a cryptocurrency or digital currency. The ledger exists in the form of a computerized database that employs strong cryptography to secure transaction records as well as controlling the creation of additional coins and to verify the transfer of coin ownership.

Cryptocurrencies utilize decentralized control as opposed to centralized digital currency and central banking system. Despite how promising cryptocurrencies are, their high volatility nature makes it risky for any investor to invest in them. And this has led to the increasing demand for a stablecoin that is backed by a hard asset like gold.

But there is great news for investors, individuals, and the world at large which is the MELECOIN Token, a powerful, reliable, and valuable stable coin that is backed by gold, which serves as a secure, safe and efficient way of hedging against the volatility of fiat currency, and also provides anyone with immediate access to liquidity in any currency globally.
FIND HOW AND WHY MINING COMPANY IN KOLKATA IS GAINING POPULARITY THESE DAYS
By: Abhinna Group
Tags: Mining Industry, Mining, Mining Company In Kolkata

Bengal is not only about rosogollas and Durga Puja, it’s about sand mines too. sand mining in west Bengal is practiced quite efficiently as is done in Australia, Sierra Leona and other places. It has the finest Mining company in Kolkata.

How sand mining gains popularity?

Sand mining has become more and more important with the growth of population. But its presence is not yet felt. Coal, petroleum and metals mines have always snatched away the spotlight. Sand has always been the foster child of the mining industry. Housing 133.92 Crore people require a lot of sand along with other ingredients. Bridges, roads and other architectural activities that stand gigantically on the earth are actually made up of little granules of sand. Where do they come from? When asked, one might easily drop down to a conclusion pointing to the beaches. It would have been great if that was so. Alas it isn’t the case all the time. Sand is often mined from beneath the earth and river beds.

Sand mining too is equally important.

One might think sand mining is not that important because it’s in plenty at the costal areas and deserts. That is wrong. Sand mining is a very important work with the growing population. Buildings, bridges, roads and any construction involves utilization of sand. Sand forms the one of the basic ingredient of construction. Sand is one of the best filter agent. It is rich in phosphorous, sodium and other elements that is good for cultivation. It cleanses the ground water also.

Leading producers of sand

Places like Australia, Sierra Leona are the leading sand mines in the world. Of them West Bengal also contribute a miniscule of its resources. West Bengal has the advantage of both rivers and coast lines. Therefore it is easier to mine sand in west Bengal.

Advantages of sand mining

Sand mining is the safest of all mining activities. There is no digging of the underground. It is a surface mining activity. It includes very less labour. Labour cost is not that high compared to other mining activities. Environment degradation is not much. Sand mining doesn’t require much of economic investments on labour and equipments. There isn’t any need to burst the earth’s crust with dynamite. Since sand is loose it is easily extractable by employing light tools and machines. There isn’t much pollution involved in the process of mining when compared to other mining activities. It is the most cost effective mining business as physical labour is not required much here. The employment in the sand mines are not much but the workers are paid well enough.

West Bengal is not a desert area. Yet its dunes at some places have the best sand cover. This is being utilised by construction. Sand in West Bengal has larger granule of sand. This help construction easy and the structured made out of it are resistant to external forces. Therefore Abhinna Group has taken the initiative to carry on sand mining in west Bengal.