Auto Added by WPeMatico
Over the last year, cryptocurrencies have lost a lot of value yet bitcoin miners continue to process transactions and earn block rewards. A bunch of new mining rigs were announced in 2018 that packed some serious hashrate. As the new year begins, some of the top devices that process between 28-76 trillion hashes per second […]
The post A Look at Some of the ‘Next Generation’ Mining Rigs Available Today appeared first on Bitcoin News.
Powered by WPeMatico
Japan’s internet giant GMO has released the latest results of its cryptocurrency mining operation. The company has also started using 7nm rigs for its in-house mining business. News.Bitcoin.com talked to a GMO spokesperson to find out more details. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space 1906 BTC and 636 BCH Mined GMO has released its mining […]
The post Japanese Internet Giant GMO Boosts Own Bitcoin Mining Output With 7nm Rigs appeared first on Bitcoin News.
Powered by WPeMatico
On April 3, 2018, the Chinese based firm Bitmain Technologies had launched it’s latest miner the Antminer E3. The new pre-manufactured mining rig processes the hashing algorithm Ethhash, the PoW consensus protocol for the Ethereum network. Lately, Bitmain has been releasing a bunch of new products including the Antminer X3 which mines Cryptonight algorithms for […]
The post Cryptocurrency Mining Industry Sees Influx of New Hardware appeared first on Bitcoin News.
Powered by WPeMatico
It’s coming close to a decade since the creation of the bitcoin network and the cryptocurrency ecosystem. The protocol has produced a great deal of users, infrastructure, businesses and influential parties like developers and miners. Since the beginning of bitcoin’s mining history, individuals mined lots of coins with central processing units (aka home computers). Later, […]
The post Our Love and Hate Relationship with Bitcoin Miners appeared first on Bitcoin News.
Powered by WPeMatico
On March 24, the mining operation Slush Pool announced it had mined a block using the controversial ASIC Boost protocol and did so using a Halong Miner. The news follows the pool revealing it was compatible with ASIC Boost which sparked up a heated debate just recently. Also read: What is Asicboost? — An Interview With […]
The post Slush Pool Mines the First ASIC Boost Block Sparking More Debate appeared first on Bitcoin News.
Powered by WPeMatico
Back in the spring of 2017, the discussion of a technology called ‘ASIC Boost’ was a very hot debate amongst bitcoin proponents. Bitcoin core (BTC) supporters were extremely upset with the firm Bitmain Technologies and its owner Jihan Wu for allegedly using ASIC Boost covertly, even though the company denied it. Now according to reports […]
The post From ‘Attack’ to ‘Optimization’ — Slush Pool Reveals ASIC Boost Compatibility appeared first on Bitcoin News.
Powered by WPeMatico