Category: Consensus Algorithm
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Chia Network Files for IPO With the SEC, Eyes Public Listing
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These Are the Most Profitable Proof-of-Work Algorithms Since Ethereum Moved to Proof-of-Stake
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Today’s Top Ethereum and Bitcoin Mining Devices Continue to Rake in Profits
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Bitcoin Gold 51% Attacked – Network Loses $70,000 in Double Spends
The Bitcoin Gold (BTG) network suffered another set of 51% attacks on January 23-24, as roughly 29 blocks were removed in two deep blockchain reorganizations (reorgs). Reports indicate that more than 7,000 BTG was double spent as the chain suffered a loss of $70,000 in two days. Also read: Bitcoin Gold Hacked for $18 Million […]
The post Bitcoin Gold 51% Attacked – Network Loses $70,000 in Double Spends appeared first on Bitcoin News.
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Bitcoin Mining Operations Offer New Strategies Before Reward Reduction
As the reward halving approaches, bitcoin miners are preparing new strategies so customers can reap the most profits from their hashrate services. On December 3, the mining operation Poolin introduced a hashrate auto-switch feature so clients can automatically switch between BTC and BCH mining. Moreover, a few days later at Bitmain’s annual customer appreciation meeting, […]
The post Bitcoin Mining Operations Offer New Strategies Before Reward Reduction appeared first on Bitcoin News.
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NEO Developers Announce Upcoming Consensus Algorithm Improvements
Every cryptocurrency project needs to constantly grow and evolve to remain relevant. That unwritten rule applies as much to Bitcoin as it does to any other alternate cryptocurrency on the market. The NEO developers are currently in the process of building an improved consensus algorithm. In doing so, the popular altcoin prepares for future developments. […]
The post NEO Developers Announce Upcoming Consensus Algorithm Improvements appeared first on NullTX.
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PR: Former Meituan Cloud Veteran Launches BonusCloud – AWS in Decentralized Cloud Computing
Shuang Li, former General Manager of Meituan Open Services (MOS) walked away from lucrative package by industry tycoons, but jumped startup bandwagon to set up BonusCloud, whose vision is to become AWS in decentralized cloud computing. Shuang Li is a cloud computing expert with over a decade of experience. Prior to BonusCloud, he was General Manager of MOS, Director of Alibaba Network Department, Chairman of System Technology Committee in Baidu.
The post PR: Former Meituan Cloud Veteran Launches BonusCloud – AWS in Decentralized Cloud Computing appeared first on Bitcoin News.
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6 Blockchain Consensus Algorithms You May Have Never Heard Of
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Study Reveals ASIC Miners Represent 30% of the Equihash Mining Hashrate
This week the Zcash Foundation and researchers from the University of Luxembourg have released a study that finds the presence of ASIC and FPGA miners may be controlling around 30 percent of the overall Equihash mining hashrate. The study speaks volumes to cryptocurrency developers and communities who have attempted to produce proof-of-work mechanisms that were […]
The post Study Reveals ASIC Miners Represent 30% of the Equihash Mining Hashrate appeared first on Bitcoin News.
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