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Fundstrat Global, a favorite research firm in the cryptosphere with Wall Street-street cred, is once again providing eye-popping bitcoin (BTC) predictions. This time analysis depends largely on what’s known as the mining economy. Hash power and hardware advancement all combine to show a possible $36,000 BTC price by the end of next year, they claim. … Read more
Just recently the Bitcoin Gold (BTG) developers announced the project’s consensus algorithm Equihash was “threatened” in a blog post called “A Response to the ASIC Threat.” In the post, the BTG project’s team members explain that they might change the cryptocurrency’s current Equihash algorithm due to the recent launch of the Antminer Z9 mining rig. … Read more
Bitmain is clearly intent on introducing a lot more ASIC miners in quick succession. Their latest unit is the Antminer Z9 mini, which is primarily designed to mine cryptocurrencies relying on the Equihash algorithm. Although none of those currencies are even remotely popular, it seems there may still be some interest in this mining unit. The … Read more
What would happen if bitcoin were to suffer a 51% attack? It’s a hypothetical question, but one that has troubled some of the community’s brightest minds. Just as army generals play out countless war games, enacting doomsday scenarios, bitcoin defenders like to ponder ways in which the decentralized cryptocurrency could be attacked and brought to … Read more
With mass miners production leading coins are joining ASIC resistance campaign #ANALYSIS Go to Source Powered by WPeMatico
On Friday, April 20th the mining operation Antpool explained that the public may have recently noticed a fraction of bitcoin cash being sent to an unspendable address every time Antpool mines a block. Antpool says that it is burning the funds sent to the “black hole address” voluntarily for the good of the BCH economy. … Read more
Global chip manufacturing giant attributes lower 2H18 revenue forecast in part to changing cryptocurrency mining landscape. #NEWS Go to Source Powered by WPeMatico
The newly-named Riot Blockchain company, which used to work in veterinary science, has been subpoenaed by the SEC #NEWS Go to Source Powered by WPeMatico
There’s been a lot of skepticism aimed at the company Halong Mining and its machine the Dragonmint T1. The firm announced in November of 2017 that it would be distributing its Dragonmint devices in 2018 and stated its miners would be the most efficient machines on the market. So far, after all the controversy, some … Read more
While the project is projected to bring 25-35 permanent jobs to the area, it would draw the power equivalent of 24,000 residences. #NEWS Go to Source Powered by WPeMatico