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ASIC mining contributes to Bitcoin's robust system of immutability and security
With the advent of Bitcoin came industries that were never foreseen, and one of the prominent ones is the mining industry. Undermining Satoshi Nakamoto's rule of 'one CPU, one vote,' the mining of theThe post ASIC mining contributes to Bitcoin's robust system of immutability and security appeared first on AMBCrypto. дальше »
2020-1-13 22:30 | |
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Conducting a Drug Trafficker Search Helps Brazilian Police to Uncover Illegal Bitcoin Mining Operation
Scams are a common occurrence in cryptocurrency, and there are many scammers in the market today. While there is often legal involvement when these situations happen, that is not the case for one mining farm. дальше »
2019-4-29 02:36 | |
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Israeli Cryptocurrency Mining Firm Files for Canadian IPO after 6,500 Percent Gains in Tel Aviv Stock Indices
Last week, cryptocurrency mining company Bitfarms filed a preliminary prospectus with the Ontario Securities Commission (OSC) in a bid to offer public shares on one of Canada’s most prominent bourses, reported Calcalistech on November 12, 2018. дальше »
2018-11-15 04:00 | |
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Energy Consumption Comparison Between Ripple, Bitcoin and Visa Sees XRP Win on Mining Costs
One of the biggest criticism against Bitcoin has been its energy-intensive Proof Of Work Algorithm. Just the phrase ‘Crypto-Mining’ is synonymous to operations that have high energy usage. Yet, mining remains the backbone of the crypto industry. дальше »
2018-11-15 03:35 | |
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Coinmine launches preorder for PoW cryptocurrency mining device and wallet
CryptoNinjas Based in Los Angeles, Coinmine simplifies and automates the complex process of making and maintaining your own crypto hardware and wallets. Founded by Farb Nivi and Justin Lambert, the company will launch in November 2018 with its flagship device, Coinmine One. дальше »
2018-11-15 23:33 | |
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Mining Made (Too) Easy? The Coinmine One And The Home Mining Experience
Can the Coinmine One popularize mining and bring the cryptosphere to the general public?
дальше »2018-11-15 23:07 | |
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Join the pool or shut down your miner – solo Ethereum mining completely unprofitable
One of the interesting things about open blockchains is that, in theory, anyone can set their computers to focus on these cryptographic puzzles as a way to win rewards. The catch is that mining on major public blockchains tends to require more and more power over time, as more people invest in more powerful hardware. дальше »
2018-11-14 17:33 | |
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McAfee Labs discovers Russian malware mining Monero (XMR) and Zcash (ZEC)
McAfee Labs researchers have discovered new Russian malware, dubbed WebCobra, which harnesses victims’ computing power to mine Monero (XMR) and Zcash (ZEC). “Coin mining malware is difficult to detect. дальше »
2018-11-14 16:49 | |
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International Bitcoin miners vanish after stacking up $1.5M debt in Sweden
Sweden‘s northernmost county opened its arms to two cryptocurrency mining firms earlier this year – but it might now be regretting the decision. The county of Norrbotten, Sweden is playing host to a cryptocurrency mining mystery. дальше »
2018-11-14 13:15 | |
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Anonymous Bitcoin Thief Faces Lawsuit by Bitcoin Mining Giant Bitmain in Seattle
An anonymous thief who goes by the name ‘John Doe’ has crypto exchange giant Bitmain worked up. Earlier this year, a hacker got brief command of Bitmain’s account on another crypto exchange Binance. дальше »
2018-11-14 05:39 | |
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Chinese School Principal Fired Over Illegally Mining Ethereum
It is not uncommon for students to get crafty when they aim to mine cryptocurrencies. Some use the “free” electricity of their dorm to mine Ethereum and other altcoins. In China, one entire school seemingly had a secret Ethereum mining operation going for quite some time. дальше »
2018-11-14 04:22 | |
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Anonymous SharkPool will Apparently Mine Altcoins Only to Dump Back into Market to Buy Bitcoin Cash (BCH)
One of the cogs that keep digital currencies running are mining pools. The importance of these pools is particularly highlighted among altcoins. On the contrary, the SharkPool project has been mining altcoins in large volumes, only to trade themexchange for Bitcoin Cash. дальше »
2018-11-14 23:15 | |
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[Breaking] Chinese Crypto Media Outlet Says Bitmain’s Jihan Wu has Lost Executive Power with Board
Jihan Wu, the co-founder of Bitmain, one of the largest Bitcoin mining equipment manufacturers in the whole world, is reportedly no longer able to use executive power to decide the future of Bitmain. дальше »
2018-11-13 20:30 | |
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Digibyte (DGB) is the best proof of the irrationality of crypto market as the price and fundamentals go in the opposite directions
DigiByte is widely considered as one of the safest cryptocurrencies out there, in part due to several pieces of crypto technology (like the DigiShield or its 5 mining algorithms) that the project developed and implemented. дальше »
2018-11-13 21:27 | |
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Japanese IT Gaint GMO Internet, Reveals a Boost in Profit From Cryptocurrency Business
The Japanese Technology Giant GMO Internet just published its report for the third quarter. According to the report, the IT company recorded continuous viable performance in its crypto-related businesses. дальше »
2018-11-12 20:54 | |
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DMG Starts Operating 60MW Bitcoin Mine in British Columbia
DMG Blockchain Solutions has announced that it has started generating up to 60 megawatts (MW) of electricity at an 85MW substation it owns in western Canada. It will use the substation to power its flagship cryptocurrency mining facility, which is one of the largest such sites in the country by power output. дальше »
2018-11-12 15:00 | |
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Bitmain’s New 7nm Chip Miners Are Available for Purchase Today
Chinese mining giant Bitmain's 7nm Bitcoin miners go on sale today, November 8, 2018. Announced in September of 2018, the miners allegedly offer considerably faster hash rates (though Bitmain didn’t disclose any specifications) and come in two separate Antminer models: the S15 and T15. дальше »
2018-11-9 18:52 | |
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Canadian University Shuts Down Network to Stop Bitcoin Cryptojacking Attack
Reports have surfaced that a Canadian University has shut down its entire network due to a mass cryptojacking attack. Malicious crypto mining software remains a growing threat, affecting personal computers and in some cases, entire businesses across the globe. дальше »
2018-11-8 03:11 | |
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Bitcoin Mining Hardware Manufacturer Bitmain Releases New 7nm Antminer Hardware
On November 5, 2018, the mining rig manufacturer Bitmain Technologies has officially released two new 7nm (nanometer) “Antminer” crypto mining machines, which will go on sale on November 8. Bitcoin Mining Behemoth Releases Antminer Hardware Bitmain, the largest bitcoin mining firm in the world and one of the most valuable companies in the cryptocurrency industry, has announced that it will. дальше »
2018-11-7 19:00 | |
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Bitfury Secures $80M in Private Funding Round
Cryptocurrency mining firm Bitfury Group has closed a Series C, $80 million funding round led by EU-based Korelya Capital. The round also included crypto merchant bank Galaxy Digital, Lian and Jabre Group, Dentsu Inc. дальше »
2018-11-7 01:06 | |
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Controversial ‘Ponzi’ Transaction Fee Mining Exchanges In Decline
Transaction fee mining exchanges like FCoin have been controversial from the start, but a new report suggests they are quickly dying out. Exchanges, of course, form the backbone of cryptocurrency. дальше »
2018-11-7 23:25 | |
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BTCC Announces the "Indefinite" Closure of Its Mining Pool
BTCC will be shutting down its mining pool by the end of the month. According to a recent notice made by the Hong Kong-based exchange, BTCC will deactivate its mining pool servers on November 15, 2018, and cease all operations entirely come November 30. дальше »
2018-11-7 21:29 | |
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Iceland Farmers’ Innovative Solution To Bitcoin’s Energy Challenge
Bitcoin’s energy-intensive mining process has been one of its greatest challenges and while various solutions have been proposed, none has quite solved the challenge. However, a group of farmers in a small village in Iceland have found an innovative way to earn cryptos while warming up their houses. дальше »
2018-11-5 21:00 | |
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New Crypto Rumor Says Bitmain Is Possibly Losing Taiwan Bitcoin Mining Chip Supplier TSMC
Bitmain May Lose Chip Supplier Bitmain is a bitcoin mining manufacturer that will no longer be receiving chips from its supplier, called Taiwan Semiconductor Manufacturing Company TSMC. The platform’s relationship with TSMC is not in good shape, as the company is in arrears in the amount of over $300 million. Bitmain has, at one point, […] дальше »
2018-11-5 19:59 | |
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CEO of Google Reveals his 11 year Old Son is an Ethereum Miner
Most cryptocurrency miners work in a firm or in groups, most cryptocurrency miners are between the early ages of 20-30, but the case of Sundar Pichai is a unique one. Pichai, the Ceo of Google had recently revealed that his 11-year-old son was mining Ethereum right in his home, with a computer that Pichai built […] The post CEO of Google Reveals his 11 year Old Son is an Ethereum Miner appeared first on ZyCrypto. дальше »
2018-11-3 18:04 | |
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Word on the Street: Tether resumes peg but bank relationship still dubious
The overall crypto market cap has declined ~1. 9% over the past 5 days from ~$209b to ~$205b. After being hammered in the past week the S&P500 has rebounded ~3% and Bitcoin’s correlation with the S&P continued its October downtrend, declining on the week to a semi-weak correlation of . дальше »
2018-11-2 14:00 | |
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Word on the Street: Tether resumes peg, announces new bank relationship
The overall crypto market cap has declined ~1. 9% over the past 5 days from ~$209b to ~$205b. After being hammered in the past week the S&P 500 has rebounded ~3% and Bitcoin’s correlation with the S&P continued its October downtrend, declining on the week to a semi-weak correlation of . дальше »
2018-11-2 14:00 | |
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PR: BTC.com Releases New Ethereum Block Explorer to Support Ethereum Community
BEIJING, P. R. China – BTC. com today announced the launch of their Ethereum block explorer. Building on the experience of developing and managing one of the famous Bitcoin Block Explorers, BTC. дальше »
2018-11-2 12:30 | |
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How Genesis Mining Took Over the Cloud Mining Sector
Genesis Mining is one of the largest cloud mining operations in the world. This crypto giant started from meager beginnings and grew into a global powerhouse in less than five years. Genesis Mining’s strategy of providing enterprise-level cloud mining to interested crypto investors has paid off massively and allowed the company to carve out a permanent home … дальше »
2018-11-7 14:30 | |
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Indian Officials Consider Ban on “Private Cryptocurrencies”
Agents of the Indian government have met to formally discuss a possible ban on private cryptocurrency holdings in the nation. On October 30, 2018, the Financial Stability and Development Council (FSDC) issued a press release detailing their recent meeting where they “reviewed the current global and domestic economic situation and financial sector performance. дальше »
2018-11-1 22:37 | |
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Why Did Bitmain’s Antpool ‘Stop Mining’ SegWit Blocks?
Antpool, the Bitcoin mining pool owned by hardware manufacturer Bitmain, has stopped mining Segregated Witness (‘SegWit’) blocks. A Question Of ‘Charity’? In a move which has sparked suspicion among cryptocurrency figures, data from the past seven days of block mining shows Bitmain mining blocks of under 1 megabyte – smaller than SegWit blocks mined by other pools. дальше »
2018-10-31 19:00 | |
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Bitcoin Could Increase Global Temperature by 2 Degrees, Claims New Report
Bitcoin is the world’s first cryptocurrency and the most dominant one too. Bitcoin accounts for around 50 percent of the total market capitalization of the world’s 2000+ digital coins. However, Bitcoin also introduced us to a new concept – cryptocurrency mining. дальше »
2018-10-31 18:29 | |
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Merkle Tree Proofs (MTP), Proof of Work Crypto Mining and ASIC Resistance Debate Heats Up
Merkle Tree Proofs ASIC Resistance Egalitarian mining and the proof-of-work algorithm (PoW) makes ASIC resistance worth the pursuit. The algorithm, called Merkle Tree Proofs, is one that Zcoin seems to believe in and states that it is “premature” to give up this early on in the game. There are many reasons for ASIC resistance. The […] дальше »
2018-10-31 00:30 | |
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Op Ed: Bitcoin’s Energy Consumption Is Neither Frivolous Nor Excessive
As the CEO of Hut 8, one of North America’s largest cryptocurrency miners and the world’s largest publicly traded cryptocurrency miner, I’m often asked questions about energy consumption in the mining of cryptocurrency. дальше »
2018-11-1 23:35 | |
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Three Years Later, Ethereum’s Hottest DApps Are (Still) ICOs and Cats
With Ethereum’s launch in 2015 came a flurry of excitement over the future potential of smart contracts. Utilizing a more flexible scripting language than Bitcoin, the platform’s decentralized applications (DApps) were touted by proponents as unlocking a plethora of formerly untapped use cases for the blockchain. дальше »
2018-10-30 21:45 | |
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Bitfury Mining Company Planning an IPO, and a Potential $3 Billion Valuation
Bloomberg reported on Oct. 25th that Bitfury, one of the largest cryptocurrency mining companies in Europe is considering to go public and if it does happen, it will be Europe’s first major listing by a crypto firm. дальше »
2018-10-29 14:59 | |
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BTC/USD Bitcoin Price Analysis: China’s support of BTC Very bullish
China is important. It is home to the largest Bitcoin mining companies and their citizens are fast adopters. Therefore, the recent court ruling is bullish and could fast-track Bitcoin loss reversal driving prices back above $7,000 in the process strengthening market confidence. дальше »
2018-10-29 05:15 | |
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Monero Fees Drop to 0.0001 XMR on Binance and Bittrex After Hard Fork
The recent update of the Monero blockchain seems destined to be one of the most important for the community. Not only does Beryllium Bullet -the name given to the hard fork- improve the levels of anonymity and security but it is also a powerful tool in the future adoption of XMR by optimizing its mining […] The post Monero Fees Drop to 0. дальше »
2018-10-28 23:13 | |
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The Daily: September Losses for Most Traders, Crypto Debit Cards Shipped in Singapore
The majority of cryptocurrency traders recorded losses on their investments last month, according to a report we’ve covered in The Daily. In this edition, we also look at the new debit cards allowing customers in Singapore to spend cryptocurrencies anywhere Visa is accepted and the decision of a large cryptocurrency mining company to move one […] The post The Daily: September Losses for Most Traders, Crypto Debit Cards Shipped in Singapore appeared first on Bitcoin News. дальше »
2018-10-27 16:52 | |
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How to Test Your Computer for Cryptojacking Mining Scripts and User Protection Tips
Is Your Computer Mining Crypto Without Your Knowledge? Here’s What You Can Do It is not uncommon to hear of stories where a hacker makes his way with someone's hard earned crypto holdings using nefarious means. дальше »
2018-10-27 22:30 | |
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Bitfury Could Be The Next Bitcoin Mining Company to IPO: Report
Bitfury, one of the largest non-Chinese cryptocurrency mining companies, is reportedly eyeing an Initial Public Offering (IPO) to become the very first major public listing within the cryptocurrency industry on the old continent. дальше »
2018-10-26 15:00 | |
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Your computer could be mining cryptocurrency now – here’s how to stop it
Welcome to Hard Fork Basics, a collection of tips, tricks, guides, and advice to keep you up to date in the cryptocurrency and blockchain world. Every week there seems to be an alert for a new cryptocurrency hack or scam. дальше »
2018-10-25 18:10 | |
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AMD Crypto Mining Blockchain-Related GPU Sales Were Negligible in Third Quarter 2018
One of the biggest semiconductors manufactures, AMD, released their quarterly financial report on Oct 24. There is bad news for crypto and blockchain enthusiasts. The report says that blockchain-related GPU sales in the third quarter of 2018 were negligible. дальше »
2018-10-25 17:48 | |
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Blockstack Looks to Boost Decentralized App Usage Through New App Mining Program
As a company looking to give users full control over their digital rights, Blockstack is piloting a new app mining program that encourages designers to create new applications directly on Blockstack’s platform and earn rewards in bitcoin. дальше »
2018-10-24 00:30 | |
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Op Ed: In Defense of Bitcoin: A Response to Nouriel Roubini
Rhetorical style should never distract from the content of someone’s arguments. So when I heard that Nouriel Roubini testified to the U. S. Senate Committee on Banking, Housing, and Urban Affairs on the cryptocurrency and blockchain ecosystem, I decided to peruse his testimony and reflect on it. дальше »
2018-10-24 19:38 | |
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Cryptocurrency Mining Provider GigaWatt Faces Millions of Dollars in Debt
GigaWatt, one of Central Washington’s largest companies in the cryptocurrency sector is, unfortunately, facing millions of dollars in debt as cryptocurrency prices fall. According to the Oregonian Times, Giga-Watt’s once upward trajectory is facing a sharp decline as the company explores every legitimate stream of revenue to remain in business. дальше »
2018-10-23 19:00 | |
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Ephrata City Council Bans Crypto Mining Activities for One Year
Grant County cities do not intend to allow crypto mining activities in their region. The latest city in the region to ban cryptocurrency mining is Ephrata. The city council on Wednesday voted to block new operations for digital currency mining for the next 12 months. дальше »
2018-10-23 07:04 | |
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