ASIC Resistance Increasingly Hot Topic in Crypto as Monero Forks

Monero, a leading privacy-centric cryptocurrency, has undergone a hard fork in recent days – producing a new Monero chain in addition to the now renamed ‘Monero Classic’. The fork was initiated to protect Monero against mining centralization, as Bitmain had developed ASIC units purpose-built for mining XMR tokens. Also Read: “Private Digital Money” Better than State-Issued, … Read more

Here’s Why Kazakhstan Won’t Ban Mining and Cryptocurrencies

This is an Op-ed article. The opinions expressed in this article are the author’s own. Bitcoin.com does not endorse nor support views, opinions or conclusions drawn in this post. Over the past few days, crypto media have been stirred up by the news that the government of Kazakhstan is considering a ban on cryptocurrency mining. … Read more

Hyperblock to Acquire Cryptoglobal for $106m and Create Mining Behemoth

The cryptocurrency mining market in North America is facing a major consolidation as one of the biggest players is taking over another. The resulting combined company will be publicly traded and control over 21,000 rigs, consuming 28 MW of power and with an ability to grow to over 90 MW.    Also Read: Bitcoin Mules … Read more

Google Eliminates All Nefarious Cryptocurrency Mining Chrome Extensions

Technology giants have made it perfectly clear that they want nothing to do with cryptocurrencies. Google, Twitter, and a few other companies ban cryptocurrency-related advertisements as of right now. Google is taking things one step further by officially banning cryptocurrency mining extensions altogether. Another Strong Signal from Google Mining has always played a critical role in … Read more

Price of Verge Holds Above $0.50 Despite Major Attack

The past day for Verge (XVG) represents yet another fiasco for the highly controversial Dogecoin fork. Hackers have managed to mine an XVG block every second through a timestamp exploitation coupled with a 51% attack. To make matters worse, hasty developer responses have actually rendered the network even more incapable through an ineffective hard fork. … Read more

Verge Is Forced to Fork After Suffering a 51% Attack

Verge, a ”privacy coin” famed for the zealotry of its community, has fallen prey to a 51% attack. A malevolent miner gained majority control of the network hashrate, a feat that makes it possible for the controlling entity to modify transactions, calling the integrity of the entire blockchain into question. Around 250,000 verge were stolen … Read more

Cryptocurrency Mining Industry Sees Influx of New Hardware

On April 3, 2018, the Chinese based firm Bitmain Technologies had launched it’s latest miner the Antminer E3. The new pre-manufactured mining rig processes the hashing algorithm Ethhash, the PoW consensus protocol for the Ethereum network. Lately, Bitmain has been releasing a bunch of new products including the Antminer X3 which mines Cryptonight algorithms for … Read more

PR: Ubcoin Raises More Than $1 Million at Pre-Sale and Starts Main Token Sale Event

Ubcoin Market, a peer-to-peer ecosystem that would allow its users to become crypto investors by selling real goods and receiving cryptocurrency in exchange, announces the start of the main stage of its Token Sale. The team behind the mobile payments app Ubank launches the Token Sale for its blockchain ecosystem called Ubcoin Market whose participants … Read more