2022-10-21 17:00 |
The ASIC mining market to experience massive growth in the next five years.
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BTC mining has evolved from CPU to GPU and finally to ASIC, setting off a hardware “arms race”. Since more advanced mining chips are introduced, the hashrate of mining rigs has been on the rise, making mining extremely difficult.
2022-5-26 19:39 | |
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Canaan Inc. , the crypto mining rig manufacturer based in Beijing, has announced the company plans to mine cryptocurrencies in Kazakhstan. The company says that the firm’s next-generation Avalonminer mining rigs are already deployed in the world’s largest landlocked country.
2021-6-24 10:30 | |
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The Australian is facing six charges that carry penalties of between 2-10 years in prison.
2020-11-18 02:52 | |
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With bitcoin prices hovering over a certain handle, a great number of old ASIC mining rigs manufactured years ago are starting to become profitable again. Reports indicate that in China, where the average electricity cost is around $0.
2020-11-14 03:00 | |
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Bitcoin’s mining difficulty just recorded its largest percentage decrease since the advent of ASIC mining machines in late 2012.
2020-11-3 12:29 | |
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Australian authorities have banned former BitConnect associate John Bigatton from providing financial services for seven years. According to a statement from the Australian Securities and Investment Commission (ASIC) on Thursday, ASIC has banned John Louis Anthony Bigatton, of New South Wales, from providing financial services for seven years.
2020-9-3 16:09 | |
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John Bigatton has been barred from providing financial services in Australia for seven years for his involvement with the BitConnect Ponzi scheme.
2020-9-3 10:30 | |
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A possible Satoshi Nakamoto, the mysterious creator of Bitcoin, has been sentenced to 25 years in prison. Criminal mastermind Paul Le Roux told the judge that upon his release he plans to “start a business selling and hosting bitcoin miners,” claiming that his ASIC chip design will “have an order of magnitude faster at bitcoin […] The post Satoshi Nakamoto Candidate Paul Le Roux to Start Bitcoin Mining Business After Prison Time appeared first on Bitcoin News.
2020-6-17 05:40 | |
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Special thanks to Justin Drake and Jinglan Wang for feedback In 2014, I made a post and a presentation with a list of hard problems in math, computer science and economics that I thought were important for the cryptocurrency space (as I then called it) to be able to reach maturity.
2019-11-25 04:03 | |
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To ensure ASIC mining rigs aren't built for the network's GPU-friendly mining algorithm, privacy-focused cryptocurrency Grin executed the first of four planned hard forks spread out over the network's first two years.
2019-7-18 23:49 | |
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Hut 8 Mining (named after Hut 8 in Bletchley Park, where Alan Turing broke the enigma code and accelerated the end of World War II) has just filed its audited financial statements for 2018, detailing a tight but still profitable bitcoin mining business.
2019-5-10 20:04 | |
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Cryptomining manufacturer Bitmain has revealed the release date for its next-generation Antminer S17 series. The S17 set of miners includes the Antminer S17 Pro, Antminer S17 and the Antminer T17.
2019-3-30 23:28 | |
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Over the last few years, certain cryptocurrency networks have tried to block ASIC mining with many fruitless attempts to forge ASIC-resistant protocols. Multiple cryptocurrency developers have attempted to brick ASIC miners, but with scant success.
2019-2-13 01:44 | |
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A class-action lawsuit for over $5 million has been filed in northern California against Chinese mining giant Bitmain. The company is being accused of utilizing customers’ newly purchased machines to mine cryptocurrency at full power for its own benefit while customers were configuring their equipment.
2018-11-27 21:38 | |
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Think you know the ins-and-outs of bitcoin? Test yourself with 30 questions that grill you on Bitcoin’s history, technology and politics. The 30 questions are split up into three segments ranging from novice to intermediate to expert, and cover a wide range of topics across the Bitcoin landscape.
2018-9-26 02:13 | |
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As controversies surrounding Bitmain’s looming IPO spell uncertainty for the future well-being of the mining goliath, competitors are fast to move in on the manufacturer’s territory.
2018-9-21 01:04 | |
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About 8 years ago, in 2010, GPU entered the mining stage and outperformed CPU, leading to stock shortages at some point. In 2018 we are facing a new global trend: ASIC miners, which first appeared in 2013 and have been gaining popularity ever since, are the latest word in crypto mining.
2018-9-15 17:31 | |
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Chinese mining company Bitmain has announced it is exploring new policies that will boost the company’s transparency and communication with the cryptocurrency community.
2018-7-26 19:33 | |
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Bitcoin and cryptocurrency mining has become a very competitive industry, and the amount of processing power hashing away to mine these digital assets is truly amazing. However over the years since the inception of GPU and ASIC mining, essentially when home mining turned into an industry, the cryptocurrency mining space has been riddled with fraudulent […] The post Some Crypto-Mining Operations Are Not What They Say They Are appeared first on Bitcoin News.
2018-7-22 18:35 | |
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The global cryptocurrency market size is expected to grow by USD 1.47 Billion between 2022 to 2026, at a CAGR of 15.75% during the forecast period, according to a research report by Technavio on October 24, 2022. Bitcoin Investments to…