Day: 8 May 2025

Browser Crypto Mining in 2025: Still Worth It?

coiner

Key takeaways After the shutdown of Coinhive in 2019, browser mining has made a comeback with new tools like CryptoTab Browser, Pi Network and YouHolder. Mining with a browser can cost more in electricity than the crypto earned, especially for users with mid-range devices. Despite being less energy-intensive than ASIC farms, browser mining still adds up in terms of cumulative power draw and puts a strain on your device’s hardware. Browser mining is evolving with the help of WebAssembly (Wasm), improving script efficiency and creating a smoother user experience.  Browser-based…

Read More

BIT Mining saw 3X profits mining DOGE, LTC instead of just Bitcoin

coiner

Crypto mining company BIT Mining said its move to mine proof-of-work coins Dogecoin and Litecoin has been more profitable than mining only Bitcoin. BIT Mining, which previously only mined Bitcoin (BTC), said on Dec. 4 that its expansion into Dogecoin (DOGE) and Litecoin (LTC) “has proved to be nearly three times more profitable than mining BTC alone.” The company said up until Nov. 27, it had mined 227,908,250.38 DOGE, worth $94.8 million and 84,485.42 LTC, worth $10.7 million. It didn’t say how much of the mined DOGE and LTC it…

Read More

US banks can handle customer crypto assets held in custody, regulator confirms

coiner

The US Office of the Comptroller of the Currency (OCC) has confirmed banks under its jurisdiction can trade crypto on behalf of customers and outsource some crypto activities to third parties.  Acting comptroller Rodney Hood said in a May 7 letter that banks and federal savings associations can buy and sell crypto they hold in custody at customers’ direction. The OCC added in a press release that financial institutions can also outsource bank-permissible crypto activities, including custody and execution services, to third parties in compliance with applicable law. “Additionally, these…

Read More