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During the first week of February, a few of the top mining rig manufacturers from China revealed they were forced to postpone device shipments due to the ongoing coronavirus outbreak. Regional reports from the country now disclose that shipments will be delayed even longer and Chinese mining rig companies and second-market suppliers are feeling significant […]
The post Coronavirus Quarantine Controls and Shipping Delays Impact Bitcoin Miners appeared first on Bitcoin News.
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Over the last few days, Bitcoin Cash proponents have been debating the Infrastructure Funding Plan (IFP) after Bitcoin ABC published an announcement on implementing the plan into the upcoming software release. Again the concept was met with mixed responses and the community has been arguing about the situation on forums and social media. Following the […]
The post BCH Funding Debate: Btc.top Founder Suggests 2/3 Hash Vote and 6-Month Evaluation appeared first on Bitcoin News.
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Bitcoin ABC developers published a blog post on Saturday which discusses the miner Infrastructure Funding Plan (IFP) and the team told the community the software engineers have been “requested” to implement IFP. According to the developers, the code for IFP will be implemented in the upcoming 0.21.0 ABC software release. Also Read: 3 Cents per […]
The post 5% of Block Rewards – Bitcoin ABC Will Add Infrastructure Funding Plan in Next Release appeared first on Bitcoin News.
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Last Wednesday, the founder of the mining operation Btc.top announced a proposal that would fund Bitcoin Cash (BCH) development over the course of six months. Over the last five days, the funding plan has been the most dominant conversation within the BCH ecosystem, as supporters debate the merits of the miner’s proposal. This week, BCH […]
The post Heated Debate Continues Over Bitcoin Cash Infrastructure Funding Plan appeared first on Bitcoin News.
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On Wednesday, Btc.top founder Jiang Zhuoer disclosed that five mining operations had plans to donate roughly $6 million in coinbase rewards (depending on market prices) to developers building Bitcoin Cash infrastructure. The news was met with mixed reviews as some of the specifics of the deal were scrutinized and the miner funding subject has been […]
The post Bitcoin Cash Miner Jiang Zhuoer Answers Infrastructure Funding Questions appeared first on Bitcoin News.
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A group of Bitcoin Cash mining pool operations have decided to help fund BCH infrastructure development. On January 22, Btc.top founder Jiang Zhuoer revealed that five mining pools are preparing a short-term developers donation plan. Miners from Btc.top, Bitcoin.com, Viabtc, Antpool, and Btc.com plan to give “12.5% of [the] BCH coinbase rewards to a fund […]
The post Bitcoin Cash Miners Plan $6M Development Fund by Leveraging Block Rewards appeared first on Bitcoin News.
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Bitmain Technologies and Canaan Creative have announced new mining rigs that process roughly 58-73 terahash per second (TH/s). Sources also reveal that Canaan’s initial public offering (IPO) could be listed in the U.S. next month. Also Read: Mining Firm Canaan Creative Secures Hundreds of Millions of Dollars in Funding Bitmain and Canaan Introduce Bitcoin Miners […]
The post 4 New High-Powered Bitcoin Miners Revealed appeared first on Bitcoin News.
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So many firsts from the Bitcoin Cash City Conference – what a huge success and a proud feather in the cap of North Queensland. As the largest cryptocurrency conference ever held in Australia, Townsville situated in sunny North Queensland worked its magic, fielding a beautiful setting, turned on some perfect winter tropical weather, and went on to supply an unparalleled Bitcoin Cash experience harnessing the city’s extraordinary Bitcoin Cash merchant adoption from which the Bitcoin Cash City and conference rightly gets its name. Together with the premium ticket including a 30 min helicopter scenic tour of Magnetic Island, the event attracted the finest speaker lineup and an amazing group of sponsors.
The post Bitcoin Cash City Conference Success Wrap-Up appeared first on Bitcoin News.
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A number of Bitcoin Cash detractors and media publications have recently been spreading a false narrative that the BCH network was ‘51% attacked.’ In reality, however, honest nodes used their hashrate to stave off attacker nodes that were attempting to steal funds on the network. Also Read: Massive Growth by P2P Exchange and AT&T Accepting […]
The post Honest Nodes Spoiling a Theft Attempt Is Not a 51% Attack, BCH Devs Detail appeared first on Bitcoin News.
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According to reports from cybersecurity researchers, there’s a new ransomware virus on the loose that’s targeting bitcoin miners. A file locking program called H-Ant has allegedly infected certain Antminer models in China and if the ransom is not paid the software aims to destroy the infected machine. Also Read: Money Transmitter License Not Required for Crypto […]
The post New Malware Attacks Hold ASIC Miners to Ransom appeared first on Bitcoin News.
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