First Bitcoin Block was caught on our EasyMining!
Today the first Bitcoin Block was caught on our Catch the Block solo mining platform!
Along with over 1,200 other blockchain rewards since launching only a few weeks ago, it's easy to see why people love Catch the Block. It's the easiest way possible to dip your toes in the world of crypto mining.
Blockchain technology enables anyone to participate in the mining process, but due to the large amount of computing power needed to mine Bitcoin, it makes the barrier to entry quite high. That's why we created our new solo mining concept, where you can simply buy a package, which has the rented hashpower of other miners. With this, you can try to mine a block of cryptocurrency.
Blockchain technology brings many benefits
We are happy to see that many people are able to try mining cryptocurrency, and that over 32 Bitcoins have been caught in block rewards by our customers. We'd like to highlight that these rewards come straight from the blockchains, and are not a lottery system as many suggest. The packages are simply buying hashpower from other miners to mine with.
We also noticed a small error on the coinbase transaction which was a little unfortunate for the first Bitcoin block being found, but as always NiceHash puts customers first and we made sure that they received the reward amount and quickly fixed it to ensure the continued smooth operation of our new product. Note that you can always view the blocks found on the blockchain and that all our platform is transparant and user friendly.
Try mining cryptocurrency the easy way
If you haven't tried our latest mining offering Catch the Block solo mining, then make sure to check out our blog articles and find out how to get started, who knows, you might be one package away from catching a block for yourself!
No hardware. No software. All you need is a NiceHash account and then get a Mining Package!
See how to get started here.