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Hedge Fund Partners with Core Scientific, Invests in Upgrading Bitcoin Asics to Antminer S19
One of the biggest bitcoin and ethereum mining datacenter in the United States, Core Scientific, has partnered with a $5.3 billion hedge fund, Horizon Kinetics LLC. Horizon describes itself as... дальше »
2020-7-4 19:44 | |
S9 Miners Return to Bitcoin as Network Hashrate Stabilizes
After last week’s halving, miners took their S9 ASICs offline as Bitcoin revenues dropped. Now, S9s are making a resurgence as BTC prices rise, showing that miners have confidence in... The post S9 Miners Return to Bitcoin as Network Hashrate Stabilizes appeared first on Crypto Briefing. дальше »
2020-5-21 07:10 | |
Bug Reveals ProgPoW More Asics Friendly Than Current Ethereum Algo
“Least Authority [auditors] didn’t catch this; Bob Rao didn’t; IfDefElse [which proposed ProgPoW] didn’t; [researcher] solardiz didn’t, etc. This is a novel method relying on applying BTC’s ability to increment. дальше »
2020-3-7 19:59 | |
Monero Price Analysis - Random X removes ASICs but has led to mining pool centralization
Following the implementation of a new consensus algorithm, as part of a network wide hard fork in November, Monero's hash rate has hit a new all time high. The new RandomX algorithm offers CPU mining at a competitive advantage over both GPUs and ASICs. дальше »
2020-1-27 14:00 | |
Vertcoin 51 Percent Attack Showcases Security of ASICs
Pseudonymous blockchain blogger Hasu has released an analysis of the latest Vertcoin attack. Published on the Deribit blog, the article makes a credible argument that ASICs enhance blockchain security by introducing an incentive to act in the interests of the network. дальше »
2019-12-17 19:48 | |
Monero Price Analysis - The push for ASIC resistance
The Monero network is due for a drastic change to its consensus algorithm, moving from CryptoNight to Random X over the course of the next week. The goal of the new algorithm is to help remove ASICs from the network permanently by giving CPUs a competitive mining advantage. дальше »
2019-11-25 14:01 | |
Canaan Creative Raises $90 Million in IPO, Bringing ASICs To NASDAQ
Canaan Creative, a major mining equipment manufacturer, has launched an Initial Public Offering. The company is best known for its AvalonMiner line of ASIC devices, which are designed for use in Bitcoin mining. дальше »
2019-11-22 15:31 | |
Bitcoin Price Analysis - On-chain metrics weaken
Both the network hash rate and network difficulty had posted record highs week over week since late-June. This consistent increase was likely due to both new ASICs being manufactured as well as relatively cheap electricity enabling older ASICs to become profitable. дальше »
2019-11-8 14:01 | |
Monero (XMR) Adopts New PoW Algorithm to Fight Off ASICs
Monero (XMR) has to deal with the inflow of specialized ASIC machines taking over mining on its network. After several ASIC-disabling forks, which slightly tweaked the CryptoNight mining algorithm, Monero is planning to switch to an entirely different proof-of-work algorithm to remain resistant. дальше »
2019-10-15 18:00 | |
Monero Price Analysis - New consensus algorithm by year’s end
The network is set to drastically change it’s consensus algorithm from CryptoNight to Random X at the end of November. The goal of the new algorithm is to help remove ASICs from the network permanently by giving CPUs a competitive mining advantage. дальше »
2019-10-11 14:01 | |
Ravencoin To Fork For ASIC Resistance
Another altcoin network is pivoting to a new algorithm to prevent mining centralization. . Ravencoin, a network for asset tokenization, is expected to implement a hard fork tomorrow over fears that nearly 50% of the network is controlled by ASIC miners. дальше »
2019-9-30 17:41 | |
Bitfury Opens Direct Sales Of Bitcoin Mining Equipment To SMEs
Bitcoin mining rig manufacturer, Bitfury, has published prices on its equipment for the first time. According to an article in Russian-language, RBK-Krypto, the company has opened online hardware sales to small and medium-sized enterprises. дальше »
2019-9-18 16:10 | |
Bitcoin ‘s Blockchain Stronger Than Ever, to See Historic Milestone Of 100 EH/s as 500,000 ASICs Go Live
The hash rate of Bitcoin (BTC) has finally reached a historic new high: 100 quintillion hashes per second (EH/s). This large number was never before reached in the history of the token, which shows that there are now more miners in the market than ever before. дальше »
2019-9-17 03:30 | |
Bitcoin Mining Power Hits New High as Half a Million New ASICs Go Online
The computing power dedicated to mining bitcoin has hit yet another new high, suggesting that as many as 600,000 machines have come online since June. дальше »
2019-9-16 07:00 | |
Cryptocurrency Mining: Are ASICs Causing Centralization?
You can’t really discuss the topic of cryptocurrency mining without getting into issues surrounding the concept of centralization. One of the greatest aspirations of cryptocurrency communities is to decentralize the monetary system and create “trustless” transactions. дальше »
2019-9-2 14:11 | |
Bitcoin Mining Industry’s Exponential Growth Just Won’t Stop
A decade ago when Satoshi Nakamoto unleashed the Bitcoin network, the security behind the protocol was guarded by only a few miners. These days, mining the SHA-256 algorithm has become a thriving industry that hasn’t stopped growing. дальше »
2019-8-12 20:00 | |
Bitcoin Price Analysis - On-chain metrics pull back as Hash rate and difficulty push for record highs
Network mining fundamentals have shown impressive growth in the past few weeks with both hash rate and difficulty pushing new all-time highs. As long as the markets remain bullish, and mining profitability remains positive, miners will likely continue to add hash rate, especially as older ASICs return to profitability. дальше »
2019-7-25 15:01 | |
Monero Price Analysis - Consensus algorithm change slated for October
Pending a successful audit, the network will drastically change its consensus algorithm from CryptoNight to Random X this coming October, in a bid to remove ASICs from the network permanently. дальше »
2019-6-14 15:01 | |
Monero Looks For More Permanent Solution To Push Back Against ASIC Miners
To stave off ASIC miners, Monero developers have regularly forked the network to middling success. Now that ASIC manufacturers can produce chips faster than Monero can hard fork, Monero developers are moving forward with a new mining algorithm dubbed "RandomX," which is designed to render ASICs non-competitive. дальше »
2019-6-13 19:17 | |
Fidelity Is Really In Love With Bitcoin: Texas Office Filled With Crypto ASICs
Many cynics say that institutions and other big names in the corporate world aren’t in Bitcoin (BTC) or crypto assets yet. But, this is quickly being proven not to be the case. In a recent tweet, a Bitcoin developer and industry insider revealed that one of the biggest names on Wall Street has and continues. дальше »
2019-5-26 02:00 | |
Eobot – A Crypto Exchange and Cost Effective Cloud Mining Solution
Mining Bitcoin and other Proof of Work (PoW) cryptocurrencies has traditionally required users to invest in expensive mining hardware, called ASICs, to mine new coins. Instead, some operators are using cloud mining solutions, which require little to no hardware to maintain, produce no heat and require virtually zero electricity for the user – with the cloud […] Eobot – A Crypto Exchange and Cost Effective Cloud Mining Solution was originally found on Cryptocurrency News | Tech, Privacy, Bitcoin & Blockchain | Blokt. дальше »
2019-5-8 11:22 | |
How a Bitcoin mining ban in China could impact BTC’s price and security
China’s central planning agency announced plans to ban Bitcoin mining and is currently soliciting comments before it makes its final determination. Mining and cryptocurrency experts have mixed opinions on how the move will impact the security and price of BTC. дальше »
2019-4-9 16:19 | |
Ethereum mining has seen massive improvements in industrialization of GPUs, says Monero’s Riccardo Spagni
Riccardo Spagni, the lead developer of Monero, opined on whether Monero [XMR] was currently more decentralized than Bitcoin [BTC], during an interview with Monero Talk. This argument was put forth after taking into consideration the fact that Bitcoin was purely ASIC mined, in a market where only a handful of manufacturers produced the ASICs and […] The post Ethereum mining has seen massive improvements in industrialization of GPUs, says Monero’s Riccardo Spagni appeared first on AMBCrypto. дальше »
2019-4-5 17:30 | |
Bitmain Announces Improved 7nm Bitcoin Mining Chips, Price and Network Centralization Analysis
Bitmain announced its next-generation of mining ASICs for Bitcoin, Bitcoin Cash, and other SHA256 coins. The growing difficulty in manufacturing these computer chips raise concerns around network decentralization for these cryptocurrencies. дальше »
2019-3-30 05:04 | |
Decred Price Analysis - A sustained increase in mining activity
Network fundamentals show a sustained increase in mining activity over the past year, largely due to the vast number of BLAKE-256 ASICs entering the market. дальше »
2019-3-29 14:01 | |
Monero’s Hashrate Plunges 85% After ASICs Fork
Monero’s hashrate has fallen (pictured) to just 144 Mhash per second from close to 1,000 Mhash/s after the network hardforked this Saturday. The fork contained a Proof of Work (PoW)... The post Monero’s Hashrate Plunges 85% After ASICs Fork appeared first on Trustnodes. дальше »
2019-3-11 22:09 | |
Monero continues its resistance to ASIC mining
In response to the increasing threat of ASICs centralizing its mining, the Monero network. is scheduled to implement a hard fork on block 1788000. дальше »
2019-3-9 16:00 | |
Chinese Miners Are Back to Work
After the Bitcoin collapse in mid-November 2018, Chinese miners, who accounted for, according to various sources, from 70% to 80% mining of cryptocurrencies, began to massively get rid of ASICs. Hysteria has reached such level that ASICs were sold by weight. дальше »
2019-3-5 22:59 | |
Where Are the Ethereum ASICS?
Another eth devs call, another discussion about ProgPoW, a proposed algorithmic change that ostensibly aims to remove asics. It looks like about 30 minutes was spent on the matter, with... The post Where Are the Ethereum ASICS? appeared first on Trustnodes. дальше »
2019-3-4 23:04 | |
Today’s Cryptocurrency News: A Look at the Top Headlines Across Bitcoin and Blockchain
Crypto Bear Market Caused Nearly 1 Million Bitcoin Mining ASICs in China to Hibernate but May Be Back Online Soon The crypto winter has been strenuous for the entire industry, from investors to miners to exchanges. дальше »
2019-3-3 07:06 | |
Chinese Miners to Activate Over 1 Million ASICs Ahead of 2020’s Halving
Chinese miners are confident that crypto currencies provide a strong profit opportunity not only for mining even after Bitcoin suffered one of the most important falls in its history. According to an article published by. дальше »
2019-3-2 00:25 | |
ASICs vs. Everyone: Who Will Win the Crypto Mining Arms Race?
Developers building public blockchains are faced with slowly losing the war against Application-Specific Integrated Circuit (ASICs). ASIC-resistant developers are facing an eternal “cat and mouse” chase in which some have claimed they may have already lost. дальше »
2019-2-28 06:00 | |
Half a Billion Worth of ETH Vote in Favor of ProgPoW, is Ethereum Really Changing its Algorithm?
Some three million eth are currently voting in favor of a proposed algorithmic change of ethereum’s Proof of Work (PoW) with the aim of removing asics from the network. 2,926,304... The post Half a Billion Worth of ETH Vote in Favor of ProgPoW, is Ethereum Really Changing its Algorithm? appeared first on Trustnodes. дальше »
2019-2-22 21:38 | |
Don’t Underestimate Samsung Galaxy S10’s Crypto Offering, Millions Will Be Exposed To Bitcoin
It’s official, Samsung, one of the most preeminent powerhouses in the technology sector, has formally delved into the crypto space. While the company, headquartered in Seoul, South Korea, has hinted at its involvement with blockchain historically — backing CryptoKitties, experimenting with ASICs, and trialing blockchain — it has yet to release a cryptocurrency product built for. дальше »
2019-2-21 18:11 | |
Monero Plans To Fork For ASIC Resistance In March
Monero, the crypto market’s leading privacy coin, is apparently closing in on a new fork that will help the coin achieve resistance against specially-designed ASIC mining devices. According to a recent Reddit post, the update will occur in just four weeks. дальше »
2019-2-13 18:48 | |
A Fork, an Algo Change, a 51% Attack, and Monero Still 85% Controlled by Asics
Monero’s hashrate has seen a significant spike since last month, nearly trippling within days to now not far off from all time high. “More than 85% of the current Monero... The post A Fork, an Algo Change, a 51% Attack, and Monero Still 85% Controlled by Asics appeared first on Trustnodes. дальше »
2019-2-9 22:17 | |