Home > Mining

As ProgPoW Aimed at Stopping ASIC Mining Gets Supporting Votes, New Conspiracies and Debates Appear

Ethereum (ETH) network users have unanimously supported the ProgPoW algorithm, which is expected to make the platform resistant to application-specific integrated circuit (ASIC) miners. Initially, opponents of the update prevailed over supporters by a margin of 96 percent, according to a Cointelegraph report on Feb. 15. The current

Read More

Mining Firm Canaan Creative Secures Hundreds of Millions of Dollars in Funding

The sustained bear market has hit cryptocurrency miners hard and stalled the incredible growth experienced by hardware manufacturers that service the industry. It seems that investors are still willing to pour significant money into the business, however, judging by Canaan Creative’s latest raise. Also Read: In the Daily: Amun Funding,

Read More

In the Daily: Binance Trading Competition, Bitdeer BCH Mining Plan, Voyager Merges Ethos

In this edition of The Daily we cover a trading competition and giveaway promoting Binance’s new platform, new mining plans from Bitdeer and the merger of cryptocurrency wallet startup Ethos by the digital assets brokerage Voyager. Also Read: Top Business School in India to Offer Advanced Blockchain Program Binance DEX Trading

Read More

In the Daily: BCH on C2C Market, Binance in Indonesia, 400,000 Planned Mining Rigs

In this edition of The Daily, we cover the addition of bitcoin cash (BCH) trading support to a fiat-to-cryptocurrency platform, an expansion of educational services by Binance in Indonesia, and Ebang’s plan to sell 400,000 new mining rigs in 2019. Also Read: University of Michigan Endowment Backs Crypto Venture Capital

Read More

Inside Nvidia’s Difficult Relationship With Mining

On Feb. 14, California-headquartered gaming and computer hardware manufacturer Nvidia reported full-year revenue gains in 2018, despite being one of the companies worst hit by the cryptocurrency market dip and subsequent lack of demand for mining components.The firm’s main products include graphics processing units (GPU), among others, which became

Read More

Bitmain Announces New 7nm Bitcoin Mining Chip With 29% More Efficiency

On Feb. 18, mining rig manufacturing giant Bitmain Technologies announced its next-generation 7nm ASIC chip for mining SHA-256 cryptocurrencies like BTC and BCH. According to Bitmain, the mining chip, called the BM1397, is more efficient when mining proof of work (PoW) coins and the new chips will be installed

Read More

In the Daily: Liberstad Coin, Mining Contracts, Luxembourg Law

In this edition of The Daily, we look at Liberstad’s progress toward building a libertarian community in Norway. The city has just issued its own digital coin. Also, crypto mining contracts have been classified as securities in the Canadian province of Quebec. And in Europe, Luxembourg has adopted a

Read More

Orca Pool Mining Operation Aims to Defend Altcoins and Forks From Attacks

Last November the Bitcoin Cash (BCH) community witnessed a hash war that resulted in a bifurcation of the main chain. The spat saw one of the first examples of the alpha miner strategy and an attempt to truly test Nakamoto consensus. About a week before the fork, a new

Read More

Crypto Mining Could Bring Russia $1B in Taxes, Report Suggests

Using its excess energy generating capacity to mine cryptocurrencies, Russia can increase its budget receipts by more than $1 billion dollars in annual tax revenue. The estimate comes from a report that also calls for the establishment of a Russian crypto valley.   Also read: Defying Crypto Winter, Swiss Crypto

Read More

Mystery Bitcoin Miners Are Altering Mining Pool Dominance

During the first month of 2019, studies have revealed the growing trend of unknown miners processing blocks on the Bitcoin Core (BTC) network. A few years ago, most mining pools began revealing their identity via the coinbase parameter when they found a block. Over the last two years, however,

Read More