QuoteColo Colocation and Bitcoin Mining Hosting Blog
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Are ASIC Miners the Future of Machine Learning?
Posted by QuoteColo on December 18, 2018Are ASIC Miners the Future of Machine Learning? Artificial intelligence has gradually and subtly become part of our everyday lives. Like many forms of computerized tech, it began its genesis in films and then gradually slipped into our living rooms, cars and pockets. The world as we know it would literally cease to […]
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Bitcoin ASIC Colocation Hosting in Iran
Posted by QuoteColo on December 14, 2018Iran has recently become a popular discussion point for Crypto miners looking for a cheap colocation for their ASIC and GPU rigs. Let’s dive into this a little deeper and look at the pros and cons of actually sending thousands of dollars of gear to Iran with the lure of cheap rates and finally achieving […]
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Who Has The Most Bitcoin?
Posted by QuoteColo on September 19, 2018You may have what you consider a large quantity of Bitcoin that might even make you rich if you sold all of it. The truth is there are way bigger Bitcoin fish in this pond. In fact, most of the digital currency available worldwide are owned by just a few thousand super wealthy people. Who […]
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What Happens When All 21 Million Bitcoin Are Mined?
Posted by QuoteColo on September 17, 2018In its current setup, Bitcoin is a finite resource. This means there are only so many Bitcoin that can be obtained by Bitcoin miners. The golden number is 21 million. This begs the question: What happens when all of the Bitcoin get mined? To fully understand what happens, it is important first to get a […]
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The Differences Between Litecoin and Bitcoin
Posted by QuoteColo on September 01, 2018Is Litecoin the same as Bitcoin? In a word, no. There are significant differences. However, there are similarities, and these are intentional. Because Litecoin was unknown when it launched in 2011, the similarities in the mining process and the distribution of blocks helped it place itself as a slightly different alternative to Bitcoin. It effectively […]
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Is Bitcoin Mining Legal?
Posted by QuoteColo on August 29, 2018The quickest way to answer this is, yes, Bitcoin mining is legal. However, as is the case with many apparently simple answers, there is some necessary nuance to this response. Many countries say it is legal, and these include the United States, Canada, Brazil, Australia, and the countries in the European Union. It is important […]