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What is an ASIC Miner and Why Do They Exist?

ASIC

ASIC stands for Application Specific Integrated Circuit- quite a mouthful. Most people have interacted with them in the form of ASIC Miners for Bitcoin or other Proof of Work Cryptocurrencies. To understand them, let’s talk a little bit about the history of the other chips you can use to mine: CPUs and GPUs. CPU (Central … Read more

Coin Showcase Series 3: Ethereum Classic

A better look at Ethereum Classic Here at Crypto Caverns, we’re researching a variety of coins as we look toward expansion. And as we research, we’ll be keeping you in the loop on some standouts, and telling you a bit about them. Next up is Ethereum Classic (ETC). Ethereum Classic is an open-source, decentralized, blockchain-based … Read more

Coin Showcase Series 2: Ergo

A better look at Ergo Here at Crypto Caverns, we’re researching a variety of coins as we look toward expansion. And as we research, we’ll be keeping you in the loop on some standouts, and telling you a bit about them. Next up is Ergo. Introduced in 2019, Ergo (ERG) is a project that boasts … Read more

You Can Now Mine Bitcoin with Crypto Caverns

Naturally, the number one question we’ve been getting lately is about the merge. The number two question: “Do you guys host Bitcoin ASICs?” Traditionally and primarily, we’re a GPU Hosting company. But we can certainly understand people interested in hosting other equipment with our level of service! We can also understand people wanting to diversify … Read more

Coin Showcase Series 1: Ravencoin

A better look at Ravencoin Here at Crypto Caverns, we’re researching a variety of coins as we look toward expansion. And as we research, we’ll be keeping you in the loop on some standouts, and telling you a bit about them. The first coin we will be talking about is Ravencoin (RVN). Ravencoin is a … Read more

Crypto Caverns Completes Pledge To Offset Double Our Annual Emissions

Crypto Caverns is proud to announce that we have just completed our pledge to offset double our annual scope 1, 2 and 3 carbon emissions. One of the main concerns about cryptocurrencies and mining is their effect on the environment. That’s why we’re contributing to the fight against climate change, not working against it. Taking … Read more

Determining Mining Rig Profitability

RTX 3080 TI vs Radeon VII. Equihash vs ProgPow. What’s the difference? How do you determine what a GPU Rig is good at or which one is right for you? How do you determine how much of what kinds of cryptocurrencies you can make? The number one tool in any miner’s toolbox is the Mining … Read more

The Problem With Proof of Stake

Without a central authority like Visa or Paypal, decentralized cryptocurrency networks need a way to make sure that users don’t spend the same money twice. Enter the consensus mechanism, a system that allows the computers in a crypto network to decide which transactions are legitimate. The two main consensus mechanisms used by most cryptocurrencies today … Read more