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Research Shows Ethereum Blockchain Miners Get Paid Almost $2.5 Billion per Year
Research Reveals That Ethereum Miners Make $2.5 Billion On An Annual basis While the prices of Ethereum have been faltering and its network faced with endless scalability challenges, investors who mine the second largest digital currency somehow managed to rake in an annual payout worth a whopping $2.5 billion. As per a report published by […] дальше »
2018-8-20 19:56 | |
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Another US City Imposes a Moratorium on Crypto Mining
The city of Salamanca in the U.S. state of New York is reportedly establishing a moratorium on cryptocurrency mining operations in the city. This will stop crypto miners from “using up all the residents’ power and effectively make all of them get a price increase on their utility bills,” a member of the city’s council […] The post Another US City Imposes a Moratorium on Crypto Mining appeared first on Bitcoin News. дальше »
2018-8-11 16:20 | |
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Distributed Dialogues: Blockchain’s Better Side
The fact that great responsibility accompanies great power has become crystal clear in the blockchain world. While blockchains are most commonly connected with commerce, the potential impact of distributed ledgers is being discovered in fresh sectors daily. дальше »
2018-8-10 20:51 | |
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The Computer Chip Tailored To Mine A Specific Cryptocurrency
In the nine years that Bitcoin miners went from needing a personal computer to make money to requiring highly specialized, high-priced equipment to do the same, members of the Bitcoin community have warned of growing mining centralization. дальше »
2018-8-1 15:00 | |
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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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A Prehistory of the Ethereum Protocol
Although the ideas behind the current Ethereum protocol have largely been stable for two years, Ethereum did not emerge all at once, in its current conception and fully formed. Before the blockchain has launched, the protocol went through a number of significant evolutions and design decisions. дальше »
2018-7-21 23:03 | |
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Notes on Blockchain Governance
In which I argue that “tightly coupled” on-chain voting is overrated, the status quo of “informal governance” as practiced by Bitcoin, Bitcoin Cash, Ethereum, Zcash and similar systems is much less bad than commonly thought, that people who think that the purpose of blockchains is to completely expunge soft mushy human intuitions and feelings in favor of completely algorithmic governance (emphasis on “completely”) are absolutely crazy, and loosely coupled voting as done by Carbonvotes and similar systems is underrated, as well as describe what framework should be used when thinking about blockchain governance in the first place. дальше »
2018-7-21 23:03 | |
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Amidst Bear Market, Crypto Miners Repurpose Mining Equipment
A growing number of cryptocurrency miners are finding other ways to put their equipment to use as depressed digital asset prices make it increasingly difficult to stay afloat in the market. This is the theme of a special report in the Los Angeles Times July 17, 2018, which outlines amongst other things, how a surplus in computing power is making crypto. дальше »
2018-7-20 13:00 | |
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Op Ed: Addressing the Threat of Cryptomining Malware
One major class of attacks to hit the hacking landscape recently is cryptomining. While cryptomining on its own supports a good cause when being done consciously, it also allows nefarious actors to make a lot of money fast, and, with the sheer number of cryptocurrencies available to mine, it is becoming a popular choice for attackers. дальше »
2018-7-18 23:18 | |
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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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Op-Ed: Bitcoin’s Roots in the Great Law of Peace
Bitcoin, in its nine years of existence, has steadily gained traction, defining itself as a new digital gold. Early adopters of this technology have shown excitement for the potential of this inflation-proof sound money. дальше »
2018-7-14 00:48 | |
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Joyous News For Crypto Miners As Upstate New York Approves Flexible Payment rate For Miners
New developments in New York is likely to make its Upstate cities a more conducive home for cryptocurrency mining. Due to the abundance in power supply, the state’s regulator has opened the doors of New York”s upstate as it approves a decent payment rate for miners who consume massive amounts of electrical power to carry […] The post Joyous News For Crypto Miners As Upstate New York Approves Flexible Payment rate For Miners appeared first on ZyCrypto. дальше »
2018-7-13 23:17 | |
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The Financial specialist explainsWhy bitcoin employments so much vitality – The Economist
Why does bitcoin require so much energy to make something that exists only electronically? Bitcoin and most other cryptocurrencies are founded on the notion of an immutable ledger, called the blockchain, which comprises transfers of value from one party to another. дальше »
2018-7-9 13:04 | |
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Why Pittin uses the most energy – the Economist
Why does bitcoin require so much energy to make something that exists only electronically? Bitcoin and most other cryptocurrencies are founded on the notion of an immutable ledger, called the blockchain, which comprises transfers of value from one party to another. дальше »
2018-7-9 09:41 | |
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Litecoin [LTC]’s Charlie Lee praises Bitcoin [BTC] developer on his alternative mining pool
Litecoin’s Charlie Lee recently tweeted an appreciation post in response to a Bitcoin Developer, Matt Corallo’s launch of an alternative mining protocol. The purpose of the launch was to make mining distributed and decentralized. дальше »
2018-7-5 07:21 | |
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Op-Ed: Challenge of Mining Centralization Unveils Bitcoin’s Elegant Design
Last year, growing problems of Bitcoin mining centralization came to light with the controversy of an AsicBoost scandal. As a largely centralized hash rate began to threaten the software’s magical property, concerns were raised that incentives at the crux of Bitcoin’s game theory had broken away. дальше »
2018-6-29 16:42 | |
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Bitmain Nears 51% of Network Hash Rate: Why This Matters and Why It Doesn’t
Recent Bitcoin block data shows that Bitcoin’s mining pools BTC. com, AntPool and ConnectBTC, respectively mined about 25. 7 percent, 16. 1 percent and 0. 2 percent of all new blocks over the past week. дальше »
2018-6-29 23:07 | |
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Hydro-Quebec Increments Power Costs by 300% for Bitcoin Miners
The Quebec provincial regulator has decided to allow utility providers to hike electricity prices for Bitcoin miners. As a result of this uneasy situation, the regulator will allow Hydro-Quebec to raise its electricity prices. дальше »
2018-6-22 08:49 | |
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Hydro-Quebec Increases Electricity Prices by 300% for Bitcoin Miners
Even though Canada has become a very important country for cryptocurrency mining, it seems things are changing behind the scenes. The Quebec provincial regulator has decided to allow utility providers to hike electricity prices for Bitcoin miners. дальше »
2018-6-22 05:00 | |
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Proposed Regulations Could Cause Major Shifts in Canadian Crypto Businesses
Canada’s government has released draft regulations for “virtual currencies” with a consultation period of 90 days, saying that proposed regulatory changes could mean a loss of $60 million over 10 years for businesses that deal in cryptocurrencies but will improve Canada’s international reputation and make it easier for crypto businesses to deal overseas. дальше »
2018-6-13 20:24 | |
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