BREAKING – SiaClassic Poised to Maintain Root Chain Despite Imminent Hard Fork

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RALEIGH, NORTH CAROLINA – The Sia Classic Foundation, a community-oriented non-profit foundation built to advance decentralized storage platforms, has announced their intent to maintain Sia Chain following an imminent hard fork away from the root chain on October 31st. The eponymous cryptocurrency, SiaCoin, intends to fork, said Sia Classic’s leadership in an email, “to discriminate against […]

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Altcoin ASIC Debacle Will Split Siacoin’s Community In Two

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It has been coming for a while now, but the ongoing Siacoin debacle will create a bit of a fallout. The developers’ decision to rebuke Bitmain and other ASICs from the network is an intriguing choice. Not everyone favors this decision, however, which will result in creating the SiaClassic Foundation. The SiaClassic Idea It is […]

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Siacoin Rejects Bitmain and Innosilicon ASICs Through Future Hard Fork

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Siacoin has been a rather interesting cryptocurrency to keep an eye on throughout 2018. Not because of its price movement, as that has been in line with all other bearish markets. Instead, there has been an ongoing debate as to whether or not the project needs to fork its code to prevent Bitmain ASICs from […]

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Over 60% of Top 100 Cryptocurrencies Have No Working Product, Study Claims

Over 60% of Top 100 Cryptocurrencies Have No Working Product, Study ClaimsOf the top 100 cryptocurrencies listed by market capitalization, only 36 are actually what the authors term “working products” in a study recently published online. Newer ecosystem website, Invest in Blockchain, commissioned the study. It’s sure to be debated, and hotly, as to which coins made the cut to 36, but the authors attempt to […]

The post Over 60% of Top 100 Cryptocurrencies Have No Working Product, Study Claims appeared first on Bitcoin News.

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New Player to Offer Next Generation ASIC Chips This Year

New Player to Offer ASIC Chips This YearA new competitor is advancing on plans to enter the mining hardware market by the end of the year. Canadian company Squire Mining has raised almost $20 million to finance the design, development, and testing of a new ASIC chip and bitcoin mining rig. Squire also wants to set up its own crypto mining facilities. […]

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Bitmain Offers Wi-Fi Routers Mining Cryptocurrencies

Bitmain Offers Wi-Fi Routers Mining CryptocurrenciesHave you ever thought about mining cryptos while surfing the web without being a victim of some malware, of course? If so, Bitmain has an offer you might be interested in. The Chinese mining giant has just announced it’s offering a couple of Wi-Fi routers capable of minting digital coins while connecting you to the […]

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Mining Manufacturer Obelisk Announces ASIC-Friendly Launchpad

Mining Manufacturer Obelisk Announces ASIC-Friendly LaunchpadObelisk, a new ASIC manufacturer led by Siacoin developer David Vorick, has released plans for an ASIC launchpad for Proof of Work coins. Its aim is to provide new and existing cryptocurrencies with an ASIC-friendly algorithm that will mitigate the rising threat of 51% attacks. Although initially devised with the company’s own ASIC miner in […]

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Bitmain Hits Back at “Dirty Tricks” Accusations

Bitmain Hits Back at “Dirty Tricks” AccusationsChinese mining behemoth Bitmain has strongly refuted allegations that it pressurized an ASIC manufacturer into shutting out a foreign competitor. In a widely shared blog post, Siacoin’s lead developer David Vorick lifted the lid on the cutthroat ASIC mining business. In a response, Bitmain praised Vorick’s input to the industry – but took exception to […]

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