Analyst Claims 98% of Mining Rigs Fail to Verify Transactions
Digiconomist’s founder has claimed the power expended in a single BTC transaction could power a British household for two months. Go to Source Powered by WPeMatico
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Peter Thiel-Backed Startup Says Texas Is the Best Place to Mine Bitcoin
Layer1 is not the only mining company to launch flagship facilities in Texas, with Bitmain and Northern Bitcoin vying for their Texas-based operations to be the largest worldwide Go to Source Powered by WPeMatico
‘A Drop-in Replacement for ABC’ – BCH Devs Release Bitcoin Cash Node Software
On February 27, a group of developers behind the Bitcoin Cash Node implementation released the first version of the project’s codebase. The new client is essentially a drop-in replacement for Bitcoin ABC 0.21.0, as the code aims to disable the Infrastructure Funding Proposal (IFP). Also Read: BCH Funding Debate: Developers Plan to Launch IFP-Free Version … Read more
Bitmain Unveils 2 Bitcoin Miners With Max Speeds Up to 110TH/s Per Unit
On Thursday, the China-based mining rig manufacturer Bitmain announced the launch of two new Antminer S19 series models that process between 95 to 110 trillion hashes per second (TH/s). The Antminer S19 Pro model with 110TH/s and 29 joules per terahash (J/TH) is 24 trillion hashes per second faster than Microbt’s latest Whatsminer M30S model … Read more
Over $2.7 million in Bitcoin Cash has Been “Retrieved” by Miners Without Permission
When the Bitcoin Cash fork was introduced, not everyone redeemed those coins. One mining group has been able to sweep addresses for unclaimed BCH, currently amassing to over 9,000. The launch of Bitcoin Cash has been problematic for a wide variety of reasons. Sweeping Bitcoin Cash Without Permission Particularly the address format similarities – resolved … Read more
Are Miners Prepared for the Halving of Bitcoin?
Bitcoin mining requires careful planning to avoid risks and profit losses Go to Source Powered by WPeMatico
Ahead of Bitcoin Halving, Bitmain Announces Upcoming Antiminer S19
As the Bitcoin halving looms, Bitmain releases a new Antminer that will generate 95 terahash per second Go to Source Powered by WPeMatico
IT Exec at Kyiv Prosecutor’s Office Illegally Mined Crypto on Office Systems
An IT expert at a Ukrainian prosecutor’s office used the office’s systems to illegally mine cryptocurrency and provide placement to third parties Go to Source Powered by WPeMatico
Ethereum Community Comes out Against Controversial ProgPoW
Prominent stakeholders are against activation of the Ethereum Improvement Proposal for Programmatic Proof-of-Work Go to Source Powered by WPeMatico
Binance’s CZ Overtakes Bitmain Co-Founder in New Hurun Rich List
Binance CEO Changpeng Zhao overtook Bitmain’s ousted co-founder Micree Zhan Ketuan in the latest Hurun Global Rich List Go to Source Powered by WPeMatico