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PoWx: Optical Proof of Work Fix For Decentralizing Bitcoin Mining with Photonic ASICs
The Launch of PoWx to Further Decentralize Bitcoin Mining A not-for-profit called the PoWx has recently been launched and it supposedly enhances the notion of proof-of-work (PoW), which is a method that validates transactions, by implementing a more innovative algorithm. дальше »
2018-7-6 20:06 | |
Satoshi Book Review: Verification of ‘duality’ excerpt using stylometric analysis
We verified the authenticity of the new Satoshi document using stylometric data mining methods and used Most Frequent Word culling to minimise bias in our model. Our findings suggest that Satoshi is back and that an autobiography is on its way! The new Satoshi text, titled ‘duality’, was released on June 29 on the website […] The post Satoshi Book Review: Verification of ‘duality’ excerpt using stylometric analysis appeared first on ZyCrypto. дальше »
2018-7-6 15:37 | |
PoWx: A new effort to change the Bitcoin mines was described
In short, PoWx advocates bitcoin adopt a new technology it calls “optical” proof-of-work, which uses a more energy-efficient laser technology as the cornerstone of mining. Not to mention, the developers behind PoWx are the latest to point to one mining firm, Bitmain, and its influence on the network as a major issue. Though exact numbers дальше »
2018-7-6 09:51 | |
Report: Mining Giant Bitmain Valued at $12 Billion in New Funding Round
Chinese bitcoin mining giant Bitmain has reportedly closed a Series B round funding, which values the firm at approximately $12 billion. дальше »
2018-7-6 09:26 | |
PoWx: Who Supports It and How It Could Transform Bitcoin
In short, PoWx advocates bitcoin adopt a new technology it calls “optical” proof-of-work, which uses a more energy-efficient laser technology as the cornerstone of mining. Now, they need to purchase specialized computers costing thousands of dollars and which they don’t do anything else. дальше »
2018-7-6 08:04 | |
PoWx: The New Effort to Change Bitcoin Mining Explained
Technologists unveiled a foundation dedicated to rewriting bitcoin's underlying tech, giving the long-controversial idea new wings. дальше »
2018-7-6 04:30 | |
Bitcoin Mining Gives Birth To New Industry In Iceland: Data Centre Operations
Iceland will soon have a vibrant data centre operations industry in the country. This latest technology infrastructure expansion within the Nordic nation is the result of the pioneering efforts of bitcoin users who leveraged the supportive geothermal and hydropower conditions in Iceland to build expansive data centres to decode blockchain technologies. дальше »
2018-7-5 22:40 | |
BTG Team Release New Algorithm To Further Guard Against Mining Dominance
Bitcoin Gold (BTG), one of the early forks of the core Bitcoin cryptocurrency has released a new algorithm after a suspected case of ASIC mining dominance on the network. The BTG was initially forked to break off from ASIC domination on the Bitcoin network. дальше »
2018-7-5 18:31 | |
Presidential Decree Sets the Stage for Legalizing Cryptocurrencies in Uzbekistan
The executive power in Uzbekistan has advanced towards legalizing cryptocurrencies and implementing blockchain technology in both government and economy. A new decree signed by President Mirziyoyev mandates licensing for trading and other activities related to the circulation of digital coins. дальше »
2018-7-5 02:40 | |
NVIDIA Graphics Card Units Producer to Reveal New GPU For Crypto Mining Next Month
NVIDIA Set to Reveal Its Next-Gen GPU in August According to a report from Wccftech, NVIDIA is likely to launch it much-awaited next-gen graphics sometime in August. The company plans to ship the card to its associates, a process which could begin in August this year. дальше »
2018-7-5 22:23 | |
GMO Launches High-Performance BTC Mining Machine – 33 Trillion Hash Calculations Per Second
GMO Internet Group, a Japanese internet heavyweight, launched the self-developed high-performance GMO miner B3 on Monday. The new miner is an upgraded version of the previous B2 model that was sold out after launch. дальше »
2018-7-4 18:04 | |
Report Finds That URL Shorteners May Be Enabling Crypto Jacking
A new report has found that URL shorteners could be being used to enable malicious cryptocurrency mining. If you don’t know what a URL shortener is, then you’re probably not at risk of this, however just for clarity; a URL shortener is a website that allows you to shorten a URL, this is useful for social media and emails for example. дальше »
2018-7-4 15:30 | |
New Cybersecurity Report Notes Rising Cases of Cryptojacking Attacks on Linux Devices
A recent internet security report from an independent cybersecurity firm has highlighted the growing threat of crypto-mining malware. Its findings highlight that in the first quarter of 2018 almost all common Linux downloader malware variants recorded were designed to deliver a cryptocurrency miner on Linux devices. дальше »
2018-7-4 00:00 | |
GMO Miner B3: Japan’s Internet Giant Upgrades 7nm Bitcoin Miner After B2 Launch
GMO Launches a New Upgrade on its 7nm Bitcoin Miner The Japanese giant GMO, decided to launch a new upgrade of its bitcoin miner with the 7nm ASIC mining chips. The latest model can achieve a higher hash rate and has a ‘hash power optimization function.’ This new device will have the same price as […] дальше »
2018-7-3 22:08 | |
Dodgy Crypto Miners Target Linux Systems, a New Report Reveals
WatchGuard released its latest internet threat report for Q1 2018, which suggested that cryptocurrency mining threats are on the rise. About 98. 8% of common Linux/Downloader malware variants found in the first quarter were to target Linux-based computers with crypto miners. дальше »
2018-7-3 18:39 | |
Upgraded 7nm Bitcoin Miner launched by Internet Giant GMO
Mining Japanese internet giant GMO has launched a new, upgraded model of its bitcoin miner equipped with 7nm ASIC mining chips. Japan Confirms Entrance Into the Crypto Space GMO miner B3 Launched GMO Internet Group announced Monday the launch of its new model of 7nm bitcoin mining rig, GMO miner B3. Price for July – дальше »
2018-7-3 04:16 | |
Russia’s Crypto Technology Reveals Cashbox X-Gaming & Crypto Mining PC
Russian Market Receives Mining PC The Russian market has a new product – a hybrid computer for both gamers and miners. Those who participate and purchase the PC may be able to receive a quarter ether of monthly income. дальше »
2018-7-3 02:33 | |
Japan’s Internet Giant GMO Launches New Upgraded 7nm Bitcoin Miner
Japanese internet giant GMO has launched a new, upgraded model of its bitcoin miner equipped with 7nm ASIC mining chips. The previous model was sold out. The new model can achieve a higher hash rate and has a “hash power optimization function. дальше »
2018-7-3 02:20 | |
Computer used to play games and can mine while not being used becomes available to Russian market
The company offering the new PC promises a quarter ether of monthly income for gaming enthusiasts who would like to mine when their expensive configuration is idling. The platform is a hybrid between a powerful gaming computer and a cryptocurrency mining device boasting enough capacity to fulfill both functions. The new Russian gaming PC is дальше »
2018-7-3 22:55 | |
CoinEx Volume Jumps 30,000% on New Trading Model, Overtakes Binance
CoinEx jumped past 70 exchanges in less than 24 hours as its trading volume rose from $5 million to $1. 5 billion following its adoption of a controversial new trading policy. Since offering a version of the ‘trans-fee’ mining model, it has moved into first place by exchange volume. дальше »
2018-7-2 17:30 | |
Retracting Values Are Good News For Those In The Market For A New Graphics Card
Falling markets might call bad news for holders and those who bought in late, however, the current falling market is having other external effects, effects that in turn might be seen as positive for a totally new base of customers. дальше »
2018-7-2 15:30 | |
The Daily: Fake Trezor Website, Floods Take Out Mines, and New Crypto Investments
Among the stories from around the cryptosphere featured in today’s edition of Bitcoin in Brief are a fake Trezor wallet website and floods in China that reportedly took out enough mining farms to make a dent in the global hash rate, as well as a couple of new investments in the field. дальше »
2018-7-2 12:20 | |
Cryptojacking Overcomes Ransomwear as Online Threat
A new cybersecurity report from Kaspersky Labs notes a significant decline in the amount of ransomware targeting Internet users as compared to the growing increase of cryptojacking, in a report published June 27. дальше »
2018-6-30 23:53 | |
Op-Ed: Challenge of Mining Centralization Unveils Bitcoin’s Elegant Design
Last year, growing problems of Bitcoin mining centralization came to light with the controversy of an AsicBoost scandal. As a largely centralized hash rate began to threaten the software’s magical property, concerns were raised that incentives at the crux of Bitcoin’s game theory had broken away. дальше »
2018-6-29 16:42 | |
Bitmain Nears 51% of Network Hash Rate: Why This Matters and Why It Doesn’t
Recent Bitcoin block data shows that Bitcoin’s mining pools BTC. com, AntPool and ConnectBTC, respectively mined about 25. 7 percent, 16. 1 percent and 0. 2 percent of all new blocks over the past week. дальше »
2018-6-29 23:07 | |
The Daily: Pornhub Adds New Tokens, Fcoin Defends Trans-Fee, Coinbase Goes Pro
Among the interesting stories featured in today’s edition of Bitcoin in Brief are the new crypto tokens added by Pornhub, Fcoin founder’s defense of the controversial trans-fee mining practice and an update on the upcoming launch of Coinbase Pro. дальше »
2018-6-28 14:55 | |
DOJ, U.S. Agencies Seize Over $12M Bitcoin in a Slew of Dark Web Busts
The U. S. Department of Justice, in cooperation with the Immigration and Customs Enforcement’s Homeland Security Investigations (HSI), the Secret Service (USSS), the Postal Inspection Service (USPIS) and the Drug Enforcement Administration (DEA), have apprehended more than 35 dark web drugs and arms dealers in a nation-wide bust. дальше »
2018-6-27 20:26 | |
This New Trick Helps Exchanges Artificially Pump Up Their Trade Volume
Some exchange operators have found a new trick to artificially pump up their trade volume. They are directly rewarding users with their own issued tokens for generating transactions, something critics call a backdoor ICO ripe for manipulation. дальше »
2018-6-27 01:19 | |
Two Cryptocurrency Exchanges Hit Record Trading Volumes Through New Fee Models
Two cryptocurrencies exchanges have shot to the top of ranking by daily volume on Coinmarketcap today, June 26, after their introduction of a “transaction fee mining” model. Singapore-based CoinBene is now ranked first, with more than $2. дальше »
2018-6-26 19:13 | |
Two Crypto Exchanges Introduce New Fee Models, Achieve Record Trade Volume
CoinBene and Bit-Z have jumped to the top of crypto exchange rankings after adding a “transaction fee mining” model
дальше »2018-6-26 16:46 | |
A new business model will take Crypto Exchange Rankings
The recently introduced “trans-fee mining” revenue model is starting to change the cryptocurrency exchange landscape, despite some criticism of the method from industry insiders. According to CoinMarketCap, two exchanges have just shot to the top of the 24-hour trading volume rankings after rolling out trans-fee mining for users. First featured by FCoin, a new exchange launched дальше »
2018-6-26 15:58 | |
Arrest in China over Mining Hardware Con
Still, good old fashioned methods of separating people from their money have not disappeared. A new example of this comes from China where a man allegedly made about $15 million by just appealing to people’s greed, promising mining hardware at a huge discount, and simply running away with the money. Mr. Zhang, a resident of дальше »
2018-6-26 22:53 | |
Intel manufacturing complex which was abandoned bought for $13M to mine Bitcoin
A miner has paid $13 million to convert an abandoned Intel chip manufacturing complex into an industrial mining farm. Also Read: Silicon Valley Whales Buy Diamonds in the Millions With Bitcoin New 85,000 Square Feet Mining Operation 3G Venture II, a California-based company, has paid $13 million for a big chuck of an abandoned Intel дальше »
2018-6-25 21:01 | |
A New Chinese Crypto Exchange Sparks Controversy Due to Its Business Model
A new China-based cryptocurrency exchange that launched in May is gathering critical reviews from the Chinese media because of its “trans-mining model” of revenue generation. The exchange’s trading volume witnessed an instant spike, surpassing some of the biggest exchanges in the world. дальше »
2018-6-25 20:38 | |
Abandoned Intel Manufacturing Complex Bought for $13M to Mine Bitcoin
Following such places as Quebec and New York, the latest location in North America to attract large Bitcoin mining operations with a cheap supply of electricity is Colorado Springs. A miner has paid $13 million to convert an abandoned Intel chip manufacturing complex into an industrial mining farm. дальше »
2018-6-25 19:40 | |
Overwinter Is Coming
A Zcash fork is now imminent. Tomorrow, the 26th June 2018 will see the implementation of the Zcash Overwinter hard fork, upon the completion of the mining of block 347500 which is expected to take place at 02:06 UTC+1:00 tomorrow (though the time may change slightly based on the network). дальше »
2018-6-25 13:30 | |
Bitcoin [BTC] mining operation gives Intel old plant a new breath!
3G Venture II, a California-based mining operation, recently purchased a sizable portion of an abandoned Intel plant for mining. The plant in question was made to manufacture semiconductors for Intel and was shut down in 2009. дальше »
2018-6-24 21:10 | |
Bitcoin Inside: Crypto Mining Farm to Open in Former Intel Facility
California-based 3G Venture II has paid $13 million for a significant portion of an old Intel chip plant in Colorado Springs, which it intends of turn into a new bitcoin mining operation. Mining Farms Opening Around the World Miners have been flocking to cities that offer cheap electricity to reduce costs and increase profits, and it looks like Colorado Springs may join the list. дальше »
2018-6-23 07:00 | |
FCoin Crypto Exchange Causes Controversy over Business Model
China-based FCoin – a new crypto exchange launched in May that takes a novel revenue model – has come under the spotlight after its trading volumes appear to have almost immediately surpassed some of the largest exchanges. дальше »
2018-6-23 20:48 | |
Froye Tracks for Model of FCoin Crypto Exchange New ‘Trans-Fee Mining’
China-based FCoin – a new crypto exchange launched in May that takes a novel revenue model – has come under the spotlight after its trading volumes appear to have almost immediately surpassed some of the largest exchanges. дальше »
2018-6-22 18:47 | |