BlockDag Network's Blog

Looking at Bitcoin’s recent price cycle, we can anticipate the next crypto bull run to take place in 2nd quarter of 2024. With the Bitcoin halving event coming up in 2024, we can expect the prices to peak at the end of 2025. The crypto market is no doubt volatile and making 100% accurate predictions can be difficult. Despite these troubles, BlockDAG offers its crypto mining rigs to guarantee daily earnings for its users.   What Is Crypto Bull Run And Bearish Market? Common trends in cryptocurrencies are the crypto bearish market or crypto bull run, the market tends to move occasionally in either direction. Another term for a bearish trend is crypto winters, following the Bitcoin ETF approval the market is in a downward trend. On the other hand, many digital assets have gained over the past few months, but they can't be specifically said to make a bull run soon.  Keeping the recent results in mind, it is not surprising that a lot of crypto investors are focused on crypto...

Cloud Mining is a term you might have been hearing a lot lately when it comes to crypto mining. This process allows you to rent cloud computing power and help run the hardware and software on rental. Furthermore, the process allows users to pay a small fee and take part in the process. Doing so, allows the user to take advantage of mining without purchasing any equipment.  Cloud mining gives access to numerous people at a time to join in on the crypto mining. These cloud miners join the mining pool, where each user buys a limited amount of hash power. Here, every participant gets a divided share of the profits according to the hashing power they rented.  How Bitcoin Mining Works? Bitcoin uses ASIC miners and mining warehouses to make Bitcoin mining possible. For such a level of mining, to mine a single Bitcoin it usually takes around 155,000 watts of energy. To save energy and power, cloud computing is becoming the fastest-growing technology. The process is built on cloud comp...