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Posts published in “Mining”

Students Are Trying to Mine Bitcoins On College Campuses

“Well, free electricity is free electricity,” says Reddit user 3xist. “I was mining before at home but decided to scale up a little with some power that I didn’t pay for. My roommate did mind, but he was a very considerate guy and didn’t complain – it was taken as my ‘one shitty roommate thing’ in exchange for his equal roommate flaws. There’s no real way to hide the fact that you’re mining in a dorm room, my RA knew (didn’t care), everyone on my floor knew (thought it was vaguely interesting), etc..” 

The Future Of Mining With Robots

Robotic mining has been in the news in recent months. While this technology is geared towards mining numerous types of resources, it will have considerable implications for precious metals, as well.  It could have implications for mining on land, underwater as well as in space.

On land, Timetric’s Mining Intelligence Centre (MIC) estimates that 48% of miners across both Europe and the Former Soviet Union (FSU) plan to make use of autonomous vehicles by 2020.