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Bitmain Unveils Its Latest Energy-Efficient Mining Chip for Bitcoin
China-based mining giant Bitmain has announced a new mining rig that uses less power. The hardware mining manufacturer has launched a 7nm application-specific integrated circuit (ASIC) processor dubbed the BM1397. дальше »
2019-2-19 00:53 | |
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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 in the latest Antminer series of […] The post Bitmain Announces New 7nm Bitcoin Mining Chip With 29% More Efficiency appeared first on Bitcoin News. дальше »
2019-2-18 21:01 | |
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Майнинговая компания Bitmain представила ASIC-чип нового поколения
Крупнейший производитель майнингового оборудования Bitmain представил 7-нанометровый ASIC-чип под названием BM1397, ориентированный на алгоритм SHA256 [в первую очередь биткоин и Bitcoin Cash]. We’re proud to announce the BM1397, our all-new 7nm ASIC to mine cryptocurrencies using the SHA256 PoW, thus far our most efficient ASIC. дальше »
2019-2-18 17:22 | |
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Каким криптовалютам доверять?
Из-за нестабильности курсов криптовалют многие задумываются о том, в каких криптовалютах хранить, инвестировать свои средства или проводить транзакции. У экспертов на этот счет разные мнения, одни рекомендуют биткоин, вторые – альткоины, а третьи – в зависимости от целей применения криптовалюты Сергей Арестов: In PoW We Trust Основатель проекта BitCluster Сергей Арестов верит в Bitcoin, так как у криптовалюты самое большое число майнеров, его почти нельзя скомпрометировать и у него самая серьезная рыночная капитализация. дальше »
2019-2-15 21:05 | |
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Monero Set for Hard Fork to Brick ASIC Miners
Monero developers are set to fork the network in their continued efforts to brick application specific integrated circuit (miners) on the blockchain. The move should significantly lower hash rate allowing small-scale mining operations running graphics processing units (GPUs) to compete favorably and make the network’s PoW algorithm less ASIC-friendly. дальше »
2019-2-14 02:00 | |
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Toney Vays Says Ripple (XRP) Is Not Innovative Compared to Bitcoin’s Proof of Work (PoW)
Tone Vays, the host of Crypto Scam & Unconfiscatable, says that Ripple and the XRP virtual currency are not innovative. In a recent Tweet, Mr. Vays gave his opinion regarding Ripple and how it operates in the market. дальше »
2019-2-13 02:10 | |
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You ought to understand Bitcoin’s Proof-of-Work after reading this
Welcome to Hard Fork Basics, a collection of tips, tricks, guides, and advice to keep you up to date in the cryptocurrency and blockchain world. Despite the word blockchain being fired around with Gatling gun-like fervor, not all blockchains are created equal. дальше »
2019-2-4 19:55 | |
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Жизнь после майнинга: что произойдет, когда добудут последний биткоин
Вместе с появлением криптовалюты Bitcoin, мир получил систему, которая почти полностью убирает посредников между отправителем и получателем денежного перевода. Это стало возможно благодаря консенсусу Proof-of-Work. дальше »
2019-1-30 07:00 | |
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Michael Dubrovsky Explains What Optical Proof-of-Work (PoWx Algorithm) Is
In a recent blog post, Michael Dubrovsky, the founder of PoWx, explains how the Optical Proof-of-Work (oPoW) works and how it can help Bitcoin (BTC) scale and reduce energy consumption. At the moment, Proof-of-Work (PoW) activities to secure the Bitcoin network require a lot of energy to power the ASIC mining hardware. This is something […] дальше »
2019-1-28 23:19 | |
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Bitcoin Should Look Away From PoW says BIS Report
The Bank for International Settlements has suggested that the Bitcoin Network discontinue using Proof-of-Work (PoW) because it is expensive and once block rewards from mining bitcoin decrease, the network will slow down, this according to a BIS report published January 21, 2019. дальше »
2019-1-23 13:00 | |
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After reports of Nicehash controlling around 70% of DASH Nethashrate, the 51% attack is once again a real Threat
Nicehash owns about 70% of DASH mining network according to a Reddit user (Jan 10), and the news is already causing a wave of concerns within the community Investigation It looks like someone currently controls over 51% of DASHs hashrate over Nicehash mining pools; a recent Reddit post accusing Nicehash of being a threat to Proof of Work (PoW) cryptocurrencies. дальше »
2019-1-11 15:22 | |
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Ripple CTO Claims XRP Eliminates PoW Risks Seen in Ethereum Classic’s 51% Attack
Ripple Labs has long been a polarizing startup in the cryptosphere. Case in point, the San Francisco-headquartered company, started by Stellar Development Foundation Mt. Gox co-founder Jed McCaleb, is often bashed for being in bed with centralized financial entities — what Bitcoin was created to destroy. дальше »
2019-1-8 13:00 | |
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Is Merge Mining the Solution to Proof-of-Work Woes?
Although Proof-of-Work (PoW) has proven through Bitcoin to be the most secure mechanism for securing a blockchain, this past year has shown that mining as we know it is not secure. As PoW problems be continuously revealed and amplified over the course of 2018, the value and success of mining has been increasingly contended. дальше »
2019-1-2 09:08 | |
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Виталик Бутерин назвал BSV «пожаром в мусорной корзине» и усомнился в PoW
Виталик Бутерин, к чьему мнению в Твиттере всегда прислушивается криптосообщество, участвуя в дискуссии, по поводу Биткоина и его противоречивых побочных форков, Bitcoin Cash (BCH) и Bitcoin SV (BSV), назвал последнюю криптовалюту «пожаром в мусорной корзине». дальше »
2018-12-27 15:54 | |
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Vitalik Buterin Calls Bitcoin SV a “Dumpster Fire,” Says He “Doesn’t Believe in PoW”
Vitalik Buterin, whose opinions on Twitter always interest the crypto community, recently engaged in a discussion that touched on… The post Vitalik Buterin Calls Bitcoin SV a “Dumpster Fire,” Says He “Doesn’t Believe in PoW” appeared first on Invest In Blockchain. дальше »
2018-12-27 11:34 | |
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И не поспоришь. Виталик Бутерин назвал Bitcoin SV дымом из мусорного контейнера
Сооснователь Эфириума Виталик Бутерин назвал новый хардфорк Bitcoin SV дымом из мусорного контейнера. При этом Биткоин он считает «по-настоящему крутой технологией». В Твиттер-перепалке с криптоэнтузиастом и предпринимателем Тууром Демистером Бутерин высказался о преимуществах и недостатках алгоритмов Proof-of-Work (PoW) и Proof-of-Stake... дальше »
2018-12-27 11:30 | |
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Vitalik Buterin: Bitcoin is ‘Genuinely Cool Tech,’ Bitcoin SV Is ‘Pure Dumpster Fire’
Bitcoin Cash ‘Satoshi’s Vision’ (BSV), the new hard fork of Bitcoin Cash (BCH), is a “pure dumpster fire,” Ethereum co-founder Vitalik Buterin has said. Cool Vs. Dumpster Hot Air In a Twitter discussion with cryptocurrency commentator and entrepreneur Tuur Demeester December 25, Buterin debated the pros and cons of two algorithms used by many cryptocurrencies: Proof-of-Work (PoW) and Proof-of-Stake (PoS). дальше »
2018-12-26 14:00 | |
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Analyst: Ethereum Constantinople Will Push Crypto Miners “Out Of Business”
In recent months, as Bitcoin (BTC) purportedly fell through its supposed break-even cost of mining not once, not twice, but three times, the economics of Proof of Work (PoW) have been questioned by wary skeptics. дальше »
2018-12-20 13:04 | |
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Intel Wins Patent For Energy-Efficient PoW Mining
Intel says it can reduce energy consumption for bitcoin mining by "about 15 percent."
дальше »2018-12-1 21:38 | |
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Smaller PoW coins are in constant danger of 51% attacks – Decred (DCR) governance model is the solution
DCR aims to serve three purposes of an ideal currency: being a store of value, being a medium of exchange and being a unit of accounting. Bitcoin is kinda capable of performing these three functions, but currently possesses inferior technology that isn’t suited to make it commercial grade money. дальше »
2018-11-22 18:42 | |
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Bitcoin Miners Ruined by Downturn, “Selling Hardware by the Pound”; Giga Watt Files Bankruptcy
Miners have been decimated by the market downturn. In response, miners have started decommissioning hardware, mothballing rigs, and even selling hardware by the pound. Bitcoin and cryptocurrency proof-of-work (PoW) mining is a controversial topic. дальше »
2018-11-22 03:55 | |
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Исполнительный директор Bitmain верит в будущее Bitcoin Cash
Соучредитель и исполнительный директор Bitmain Джихан Ву, выступая во время мероприятия, организованного Nikkei и CNBC в Токио под названием «Будущее денег», выступил в поддержку развития Bitcoin Cash с доказательством работы (PoW). дальше »
2018-11-18 18:46 | |
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Cryptocurrency Miners May Have to Pay More for Electricity in Chelan County
There is little doubt that cryptocurrency mining is extremely power intensive, with particular emphasis on coins that still rely on the Proof-of-Work (PoW) consensus mechanism. Recognizing this, Washington State’s Chelan County Public Utility District (PUD) has proposed a rate hike for mining enterprises within the region. дальше »
2018-11-18 17:00 | |
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GenerEOS Calculates That EOS Is 66,000 Times More Energy Efficient Than Bitcoin
In a new blog post, Sydney block producer candidate GenerEOS talked about energy consumption comparisons of the EOS blockchain with the two most prominent blockchain networks – Bitcoin and Ethereum. дальше »
2018-10-29 20:29 | |
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Everything You Need to Know About Monero’s Upcoming “Beryllium Bullet” Hard Fork
Monero announced to miners and users alike the scheduled hard fork for October 18, 2018, in a blog post made October 11, 2018, listing the details of the “Beryllium Bullet” release. A whole slew of updates is announced with some of the major ones being Bulletproofs enabled for reduced transaction size and an updated PoW algorithm to be less ASIC. дальше »
2018-10-18 15:00 | |
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Ethereum Classic (ETC) Is Bitcoin With IOT And Dapps
Chart for ETC/USD (1W) Ethereum Classic (ETC) is currently the only Turing Complete blockchain that will run on Proof of Work (PoW) forever. It has a limited supply of coins, just like Bitcoin (BTC). дальше »
2018-10-9 17:00 | |
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Decred Price Analysis: Alterations to blockchain governance
Decred (DCR) provides an intriguing governance & network decision-making alternative to the clunky, informal systems used by traditional PoW powerhouses Bitcoin and Ethereum. The network's hashrate and transaction volumes have improved over the last six months, and despite bearish price movements DCR has not fallen as far from its all-time highs as the majority of other alt-coins дальше »
2018-9-9 21:33 | |
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Proof-of-Stake is a Rebranded Version of the Old Financial System
Over the last few years, there’s been a lot of projects, both public and private, that are attempting to create a next-generation blockchain or something better than Satoshi’s Bitcoin. A great majority of these projects have condemned proof-of-work (PoW) cryptocurrencies because they think they waste resources, and many of these new blockchains have chosen to […] The post Proof-of-Stake is a Rebranded Version of the Old Financial System appeared first on Bitcoin News. дальше »
2018-9-8 19:30 | |
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Bitmain’s AntPool Activates Controversial AsicBoost for Faster Bitcoin Mining
Bitmain’s mining pool, AntPool, has supposedly activated one of their controversial methods of mining Bitcoin more efficiently, called AsicBoost. The controversial Bitcoin mining “hack” supposedly increases mining efficiency by up to 20% and is controversial because many developers claim that its use damages the Bitcoin network. дальше »
2018-9-6 13:30 | |
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Ethereum (ETH) Falls 11% In One Day, Defends $250 Support
Ethereum (ETH) plunged deep into the red today as the price fell 11% in a matter of hours. The whole market nosedived as Bitcoin (BTC) fell back below $7,000 but Ethereum (ETH)’s reaction was one of the most aggressive as shown by the ETH/USD daily chart above. дальше »
2018-9-5 17:00 | |
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Op Ed: DApps Can Increase Audience Engagement for Creators and Influencers
Many of us are familiar with the term “DApp,” which stands for “decentralized application. ”Foundationally, a DApp is an application that runs using blockchain technology on a decentralized network of computers instead of on a central database. дальше »
2018-9-4 21:43 | |
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Decred Is The Bitcoin You Wished BTC Could Be
Decred (DCR) is a proof-of-work (PoW) cryptocurrency that has the same coin supply as Bitcoin, but what differentiates it? Decred is essentially “Bitcoin with governance”. Many analysts attempt to categorize coins by industries, and the Level 1 hierarchy usually has three categories: currencies, platforms and applications. дальше »
2018-7-31 19:10 | |
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Bitcoin Green’s Hugh Naylor on How to Mine Crypto Without “Destroying The Environment”
The crypto industry has a nasty problem: while most of the world is investing in sustainable energy solutions, cryptocurrency mining is using exorbitant amounts of energy. Environmentalists have criticized proof of work (PoW) blockchains as unsustainable and wasteful. дальше »
2018-7-30 22:48 | |
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Canada Central Bank: Bitcoin Safe From 51% Attack, Double Spending
Canada’s Central Bank (BOC) released a working paper this month, Incentive Compatibility on the Blockchain. In it, BOC seems to argue the world’s most popular cryptocurrency, Bitcoin, is safe from a 51% attack, double spend scenario through the right incentive structure and proof of work (POW). дальше »
2018-7-27 22:45 | |
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Canada’s Central Bank Boasts Proof of Work Consensus System Benefits
The Central Bank of Canada has pioneered new research using the PoW or Proof of Work consensus in a new article on blockchain technology. The Bank of Canada or BoC has labeled Bitcoin’s Proof of Work system the best consensus algorithm used by any cryptocurrency. дальше »
2018-7-26 16:36 | |
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Bank of Canada: Proof-of-Work Beats Alternative Consensus Systems
Canada’s central bank has championed proof-of-work (PoW) algorithms as part of a new research paper on Blockchain consensus. ‘Irretrievable Sunk Costs’ In its Staff Working Paper released this week, Bank of Canada (BoC) said PoW, used by Bitcoin, held more promise than alternative proof-of-script (PoS) algorithms found in various altcoins. дальше »
2018-7-25 18:00 | |
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Double-spend on Bitcoin [BTC] requires “deep pockets”, says Bank of Canada study
A recent study by the Bank of Canada has found that double spending on Proof of Work [PoW] blockchain is an “unrealistic” outcome. This is modeled on the behaviors of an “honest miner” and “dishonest miner”. дальше »
2018-7-25 10:52 | |
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Governance, Part 2: Plutocracy Is Still Bad
Coin holder voting, both for governance of technical features, and for more extensive use cases like deciding who runs validator nodes and who receives money from development bounty funds, is unfortunately continuing to be popular, and so it seems worthwhile for me to write another post explaining why I (and Vlad Zamfir and others) do not consider it wise for Ethereum (or really, any base-layer blockchain) to start adopting these kinds of mechanisms in a tightly coupled form in any significant way. дальше »
2018-7-21 23:03 | |
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Dala Adds Stellar Blockchain to Ecosystem, Reveals Multi-Chain Strategy
Dala has officially announced a new multi-chain strategy that will include Stellar, the technology behind the seventh largest cryptocurrency (lumens) by market cap. дальше »
2018-7-20 00:07 | |
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Proof of Authority (PoA) Blockchain Network Consensus: How Does It Work?
Most people are familiar with bitcoin’s Proof of Work (PoW) consensus, and Proof of Stake (PoS). Yet, there other consensus types like the Proof of Authority (PoA), which is a relatively new consensus. дальше »
2018-7-19 15:29 | |
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PoWx’s Optical Proof of Work May Solve two of Bitcoin’s Biggest Problems
With bitcoin becoming more competitive, a new organization looks to bring decentralization back to mining by renovating the Proof of Work (PoW) consensus algorithm that some miners have come to love. дальше »
2018-7-18 19:00 | |
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Cardano Aiming to Overcome Limitations of PoW With PoS
The Cardano blockchain comes with an innovative Proof of Stake protocol known as Ouroboros. The new blockchain transaction verification system’s details were first revealed in a research paper released by IOHK founder and CEO Charles Hoskinson in April. дальше »
2018-7-16 17:19 | |
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PoWx Seeks to Change Bitcoin Mining with “Optical PoW”
Nonprofit organization PoWx has launched this week with the goal of boosting the idea behind proof of work (PoW) through more innovative algorithms. The company is seeking to decentralize Bitcoin mining and make it more accessible to consumers through a new technology that executives have dubbed “optical PoW” — a new type of hardware that utilizes a more advanced and energy-efficient form of laser technology as the cornerstone of mining. дальше »
2018-7-14 01:04 | |
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Zcash Mining 400% More Profitable Than Bitcoin
Zcash (ZEC) is the most profitable cryptocurrency to mine, with expected returns far higher than other PoW coins like Ethereum (ETH) and Bitcoin (BTC). Data collected from cryptocurrency tools provider Anything Crypto suggests that at current difficulty levels, ZEC miners using the Antminer Z9 mini could expect an $8,000 return on their investment over a […] The post Zcash Mining 400% More Profitable Than Bitcoin appeared first on Crypto Briefing. дальше »
2018-7-13 18:28 | |
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PoWx: Optical Proof of Work Fix For Decentralizing Bitcoin Mining with Photonic ASICs
The Launch of PoWx to Further Decentralize Bitcoin Mining A not-for-profit called the PoWx has recently been launched and it supposedly enhances the notion of proof-of-work (PoW), which is a method that validates transactions, by implementing a more innovative algorithm. дальше »
2018-7-6 20:06 | |
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В сети Bitcoin Gold прошел хардфорк
Сеть Bitcoin Gold 3 июля была переведена на модифицированный алгоритм Equihash-BTG, который не поддерживается обычными ASIC-майнерами. Об этом разработчики монет написали в своем блоге. We're thrilled to report that the Network Upgrade has been a success! New Equihash-BTG PoW and DAA working as expected. дальше »
2018-7-5 19:38 | |
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В сети Bitcoin Gold состоялся хардфорк
В сети Bitcoin Gold состоялся хардфорк, сменивший старый алгоритм Equihash PoW на Equihash-BTG. Это позволит защитить сеть от ASIC-майнеров, избежать повторного расходования и атаки 51%. Кроме этого, разработчики считают новый алгоритм более безопасным. дальше »
2018-7-5 11:34 | |
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