Hey, Your Crypto Newsletter for September 03, 2021

[FeedBinary Newsletter]( You Might Like         [Learn more about RevenueStripe...](   [UK Students Are Increasingly Investing in Cryptocurrencies, Survey Finds]( The study found that 76% of the surveyed students are concerned about how to meet their monetary obligations on time. A survey released by Save the Student, a UK financial advice website, unveiled a growing trend in British students investing in cryptocurrencies. According to the study, the figure has tripled from 2% to 6% in terms of younger students that make money from virtual currencies. The report, dubbed ‘The National Student Money Survey 2021’, interviewed 2,038 university students between May and August 2021, revealing that a vast majority of them face expensive living costs of almost GBP 810 monthly, which is a situation that encourages them to seek additional sources of income. “There has been a lot of media attention this year about the growing number of new investors getting involved in trading crypto, as the likes of Bitcoin and Ethereum experienced a ‘boom’ in the market,” the poll noted. [Read More](   Recommended products [Users can signup for this easy one page submit and get a chance to win a free Roomba!](                 [Stop renting, and start owning! Rent2OwnHelper.com will help users find all of the rent to own homes ](   [How Does Bitcoin Mining Work?]( Everything you should know about cryptocurrency mining Mining satoshis creates new Bitcoin by decoding computer algorithms and long, complex puzzles. Hence, they can’t be solved by people. This is why it’s so difficult to mine cryptocurrency. Miners use lots of computational resources and many computers in order to speed up mining operations and get more out of the process. Another key benefit of cryptocurrency mining is the increased security and established verification of transactions. This ensures that the currency mined can be used freely and safely in the blockchain ecosystem. It is similar to a central bank that prints money and stands behind its value. A CPU, GPU or ASIC is required for mining and to complete the cryptocurrency mining process. You have to be first to mine the cryptocurrency and you have to mine 1MB’s worth, which means you need to invest in high-grade computers that have better performance to remain competitive. Technically, you are supposed to guess the cryptocurrency coin’s hash by inputting many tries of similar hashes. A hash is just a long number (64-digit hexadecimal). It’s similar to trying various keys to a lock. [Read More](   [Genesis Digital Assets To Buy Up To 200,000 Bitcoin Miners In Largest Mining Sale Ever]( Today Canaan announced that they have secured an option to sell 200,000 Bitcoin miners to Genesis Digital Assets. If executed this would be the largest Bitcoin mining machine sale ever made. Canaan, a lead supercomputing service provider and inventor of the first ASIC Bitcoin miner, announced that they have secured an option to sell 200,000 Bitcoin miners to Genesis Digital Assets. If executed this would be the largest Bitcoin mining machine sale ever made. Genesis Digital has previously purchased over $93 million of Canaan’s mining machines. Included in the renewed partnership deal was the sale of an initial 20,000 mining machines, which included the purchase option of up to an additional 180,000 machines. [Read More]( You Might Like         [Learn more about RevenueStripe...]( Connect with FeedBinary on social media You received this email because you operate or create content for a website/service and based on your website it seemed like this could be important information to you and your users. This newsletter is managed by [Postbox Consultancy Services Pvt. Ltd](.C-4/5, IBD Emporia, Kolar Road, Bhopal, Madhya Pradesh, INDIA, 462042 [Unsubscribe](