On May 12, 1848, general store owner Sam Brannan walked through San Francisco, a vial of gold dust in hand, yelling: “Gold! Gold! Gold from the American River!” And so began the California Gold Rush. Crypto mining may not have a Sam Brannan spreading the news, but then again, it doesn’t need one. It has […]
Tools You Need to Crypto Mine and Surprising Parallels to the California Gold Rush
Our last article “What Mining for Gold in the 1800s Can Teach You About Mining for Cryptocurrency Today” discussed setting up a mining operation. Here, we’ll discuss tools you need at first and later once other miners flock to your mining space. Getting started with the appropriate tools. Once a 19th-century gold prospector decided where […]
What Mining for Gold in the 1800s Can Teach You About Mining for Cryptocurrency Today
On the surface, mining for gold and mining for cryptocurrency have little in common. One involves hard labor to unearth raw gold from a rugged landscape. The other relies on a computer (most likely indoors and in an air-conditioned room) to verify cryptocurrency transactions and, in turn, receive an award in crypto tokens, the only […]