The proposed “Bonanza Mine” promises to be a new, viable option to compete against traditional mining rigs.
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Museum of Bitcoin Mining History Opens Its Doors in Venezuela
A new museum dedicated to the history of bitcoin mining opened its doors in Venezuela last weekend. The institution will allow visitors to learn about the history of cryptocurrency mining, going from its roots to the current state of the mining industry. The museum is part of a private initiative started by Criptoavila, a mining-dedicated […]Powered by WPeMatico
How Many People Mined BTC Alongside Satoshi? 2010 Data Shows Bitcoin’s Creator Wasn’t the Only Mining Whale
Throughout 2021, a great number of mysterious whale movements from miners who mined bitcoins in the early days have occurred. This week, 1,000 bitcoin from 2010 were transferred, and the miner has spent 11,000 bitcoin since last year. Old school whale movements like these have made some people assume that decade-old coinbase spends could stem […]Powered by WPeMatico
Re-Mining Simulation Shows Satoshi Used a Single High-End PC to Mine 1.1M Bitcoin
Cryptocurrency advocates have been recently discussing the mysterious Bitcoin inventor Satoshi Nakamoto as RSK’s chief scientist, Sergio Dermain Lerner, published a paper called “The Patoshi Mining Machine.” Essentially, Lerner simulated Satoshi’s mining experience. The findings estimate that Bitcoin’s creator used a single computer to mine an estimated 1 million bitcoin minted in the early days. […]
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Meet Mistcoin – The First Mineable SLP Token Implementation Launched on Bitcoin Cash
Bitcoin Cash proponents have been introduced to a new project built using the Simple Ledger Protocol (SLP) framework called mistcoin (MIST). The new token is essentially the first mineable implementation of colored coins on Bitcoin Cash. Mist allows participants to mine the SLP tokens “using proof-of-work to help decentralize allocation of newly minted tokens.” It […]
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Wild Satoshi Theories: The Curious Case of Bitcoin Block 3654 from 2009
On Wednesday, 50 bitcoin mined on February 9, 2009, was moved from the original address to a new address. The movement of coins caused a great commotion throughout the cryptocurrency community, as some individuals assumed it may have been the mysterious Satoshi Nakamoto. However, skeptics believe that even though the coins stemmed from an address […]
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PR: Bitcoin.com Partners with Resistance – the Next Gen DEX
Last week, the Resistance team met with Bitcoin.com CEO Stefan Rust, and other members of the Bitcoin.com organization, to discuss the terms of a partnership. The meeting was a great success and a strategic partnership agreement was drawn up and signed the same day.
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Our Love and Hate Relationship with Bitcoin Miners
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, […]
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Google Moves Against Cryptojacking, Bans Chrome Mining Extensions
James Wagner, Extensions Platform Product Manager of Google, took to the behemoth’s Chromium Blog on Monday in a post titled, Protecting Users from Extension Cryptojacking. “Starting today,” Mr. Wagner explained, “Chrome Web Store will no longer accept extensions that mine cryptocurrency. Existing extensions that mine cryptocurrency will be delisted from the Chrome Web Store in […]
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Salon Offers Visitors In-House Cryptocurrency Mining When Blocking Ads
Mainstream web magazine Salon has started allowing its readers an ad-free site, if readers start mining cryptocurrency for them, after sustaining a decline in income due to ad blocking technology. Also read: Japan Cracks Down on Foreign ICO Agency Operating Without License Salon’s Mining Initiatives Salon, a left-leaning political and lifestyle webzine started in 1995, has launched […]
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