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On April 8, the Chinese mining rig manufacturer Bitmain Technologies unveiled the specifications for the company’s latest Antminer 17 series. The firm claims the three new bitcoin miners command a hashrate of over 50 trillion hashes per second (TH/s) which outpaces nearly all top machines today. Also read: Uyen T Nguyen: The Powerful Young Woman […]
The post Bitmain’s New Antminer Specs Show Devices Process Over 50 Terahash appeared first on Bitcoin News.
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Cryptocurrency supporters have been discussing an early version of the original Bitcoin source code that surfaced this week. An old forum post and mailing list letter written by Satoshi suggests there was a private version of the code distributed to a few people before the launch of the network on Jan. 3, 2009. Also Read: […]
The post Satoshi’s Pre-Release Bitcoin Code Contains Some Fascinating Findings appeared first on Bitcoin News.
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Bitblock Capital has published an alternative mining valuation model for BTC. The company has published a report that examines data from July 2016 to Dec. 2018 that seeks to “explain the relationships between [BTC] price and its intrinsic value” using the model. Also Read: Google Play Store Forces Samourai Wallet to Remove Security Features Bitblock Capital […]
The post Bitblock Publishes Alternative Valuation Model That Suggests BTC Is Underpriced appeared first on Bitcoin News.
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Over the last 12 hours, cryptocurrency supporters across the globe have been celebrating the 10-year anniversary of the Bitcoin genesis block which was mined at approximately 18:15:05 UTC. Die-hard crypto enthusiasts believe the software released by the anonymous creator Satoshi Nakamoto has forever changed the way people look at money, and that the technology’s effect […]
The post 10 Years Ago Bitcoin’s Genesis Block Changed the Course of History appeared first on Bitcoin News.
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Over the past few months, Bitcoin Cash developers have been creating applications that are similar to social media and forum platforms like Reddit, Facebook, and Twitter. Anyone in the world can use these Bitcoin Cash-powered applications such as Memo, Blockpress, Keyport, and Matter which offer censorship-resistant versions of these social media giants. Also read: Facebook Purge […]
The post Facebook and Twitter Beware — Censorship-Resistant Social Media Is Here appeared first on Bitcoin News.
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According to Fundstrat analyst Sam Doctor, it appears Bitcoin Core (BTC) hashpower has doubled since just before the start of summer. That figure is impressive considering the lingering and deep bear market. “Even with upgrades to existing equipment, implies almost 1GW of new power consumption vs 5.2GW in May ’18m” Mr. Doctor tweeted. “Breakeven now […]
The post BTC Hashpower Doubles During Bear Market as Miners Sacrifice Profit for Position appeared first on Bitcoin News.
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00000000000000000021e800 – that’s 18 zeros followed by 21e8 and another two zeros – doesn’t look particularly remarkable. Nor does 00000000000000000021e800c1e8df51b22c1588e5a624bea17e9faa34b2dc4a, which is the complete hash it’s associated with. And yet this series of numbers and letters has sent the cryptosphere into overdrive, sparking talk of quantum computing breakthroughs, time travel, Satoshi’s return, and the hidden […]
The post Why the Cryptosphere Is Losing Its Mind Over This 18-Digit Number appeared first on Bitcoin News.
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The cryptocurrency economy is nearing the end of 2018’s fifth month after a spectacular year of bullish prices throughout 2017. The past five months have been incredibly bearish as far as market values are concerned but the processing power of digital assets, particularly SHA-256 cryptocurrencies, continues to increase exponentially. Today SHA-256 miners makeup on of […]
The post The Exahash Era: SHA-256 Mining is a Significant Achievement in Computer Engineering appeared first on Bitcoin News.
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If you are thinking about selling bitcoin for cash inside the Unites States to people you don’t know, caution is advised. A reminder to stay alert for undercover government agents who might try to entrap you has been served by a recent California case. Also Read: Cryptocurrency Regulator Found Dead at His Home in South […]
The post US Federal Authorities Arrest Man for Selling 9.99 Bitcoin appeared first on Bitcoin News.
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This week the team at Bitcoin.com, the internet’s premier bitcoin portal, launched its block explorer enabling cryptocurrency enthusiasts to search the bitcoin cash (BCH) and bitcoin core networks for activities like transactions, addresses, and information about particular blocks. Also read: Bitcoin Cash Games Arrives — Play Your Favorites Faster With BCH Bitcoin.com’s Web Portal Adds a […]
The post Search the Blockchain With Bitcoin.com’s New Block Explorer appeared first on Bitcoin News.
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