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Bitmain announce its policy approach to improve shipping and mining processes and provide a “fair and transparent cryptocurrency ecosystem” Go to Source Powered by WPeMatico
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.” It is for sale at the same price as the previous model. Also … Read more
The crypto market slump since the new year has negatively affected graphics card suppliers, with several firms ready to cut prices in July, sources say Go to Source Powered by WPeMatico
Shaping the future of a cryptocurrency is not an easy process. In the case of Zcash, there has been a recent community voting process which displayed some interesting results. A new proof-of-work algorithm will be introduced, and there is no real desire to remain ASIC-resistant. The Future of Zcash Looks Intriguing In the world of … Read more
Mining industry overview: Who will prevail in the cryptocurrency mining market in 2018? Top five biggest farms which mine Bitcoin on an industrial scale Go to Source Powered by WPeMatico
A lot of research has been conducted regarding the future of cryptocurrency mining. Not all of these findings are overly positive. In the case of currencies using the Equihash algorithm, it seems a large amount of the combined hashrate is provided by ASIC hardware. It’s a worrisome development which could introduce a lot more 51% … Read more
The bitcoin mining ecosystem has undergone some massive changes over the past eight years. During the initial stage of bitcoin mining, using a computer’s processor was more than sufficient. Later on, software was developed to allow for GPU-based mining. Eventually, computers were replaced by FPGAs and the now ever-present ASIC miners. But what sets these … Read more
Obelisk, a new ASIC manufacturer led by Siacoin developer David Vorick, has released plans for an ASIC launchpad for Proof of Work coins. Its aim is to provide new and existing cryptocurrencies with an ASIC-friendly algorithm that will mitigate the rising threat of 51% attacks. Although initially devised with the company’s own ASIC miner in … Read more
Chinese mining manufacturing firm Bitmain will consider AI as an alternative revenue source if China’s regulatory environment makes crypto-related business too risky Go to Source Powered by WPeMatico
Japanese internet giant GMO has updated its plans to manufacture and sell its 7nm bitcoin mining chips as well as for its own mining operations. Interested customers will soon be able to reserve some of these chips. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space GMO Readies 7nm Mining Chips Japanese conglomerate GMO Internet … Read more
