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Bitcoin Network’s Block Size Averages Record Biggest Ever, But Jury is Out on Being Spam or Real Payments
According to a recent report from various news outlets is that miners on the Bitcoin blockchain are mining some of the biggest blocks on record. More specifically, it was reported that, on February 12th this year, there was an average block size of 1. дальше »
2019-2-15 23:10 | |
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Bitcoin Developers Propose Temporary Reduction of Block Size to 300 Kilobyte 1 Megabyte
Blockstream co-founder and Bitcoin developer Luke Jr has proposed that the Bitcoin block size be reduced to 300kb temporarily. A report says he has already written the code for the shrinking of the block size. дальше »
2019-2-14 19:26 | |
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Litecoin Hash Rate Proportional to Price, Will LTC Close Above $50?
Latest Litecoin News After weathering 13 months of strong waves of sell pressure and dipping prices, most miners were shaken out. The result was a dip in the network’s hash rate—the measure of the coin’s security and resilience. дальше »
2019-2-14 14:15 | |
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Litecoin Price Analysis: LTC Must Breach $50, Keys to $70 and Beyond
Latest Litecoin News After weathering 13 months of strong waves of sell pressure and dipping prices, most miners were shaken out. The result was a dip in the network’s hash rate—the measure of the coin’s security and resilience. дальше »
2019-2-14 14:15 | |
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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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Ethereum Price Analysis - Miners getting squeezed
Ethereum network fundamentals are on pause once again as the Constantinople hard fork has been delayed until February 27th. A reduction in ETH issuance will affect not only the annual inflation but also mining profitability. дальше »
2019-2-13 14:01 | |
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Report Claims 85% of the Monero Network Dominated by ASIC Miners
Over the last few years, certain cryptocurrency networks have tried to block ASIC mining with many fruitless attempts to forge ASIC-resistant protocols. Multiple cryptocurrency developers have attempted to brick ASIC miners, but with scant success. дальше »
2019-2-13 01:44 | |
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Altcoins Beware: An Overview of Recent 51% Attacks
The so-called 51% attacks are among the major security threats to digital currencies as they allow enable perpetrators to control the network and all transactions passing through it. What Is a 51% attack? Cryptocurrencies are bolstered by blockchain technologies or distributed ledgers which store information about all transactions ever made in a network. дальше »
2019-2-7 21:00 | |
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New Topic Of Interest Reemerges As China Could Launch A Centrally-Managed Digital Currency
China Might Launch A Centrally-Managed Digital Currency, Multiple Reports Suggest Towards the end of 2017, Chinese miners had accounted for about 75% of the Bitcoin (BTC) network’s hashing power and nearly 95% of global BTC trading volume. дальше »
2019-2-1 00:16 | |
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The Bitcoin Halvening is happening – here’s what you need to know
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. Something major is happening to Bitcoin in 480 days – the Halvening. дальше »
2019-1-30 20:15 | |
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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. дальше »
2019-1-29 20:58 | |
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BloqLabs Introduces Cryptocurrency Mining Management System
BloqLabs has opened up the beta waitlist for Titan, a fully integrated software suite for managing cryptocurrency mining. The project was introduced by Bloq CEO and co-founder Jeff Garzik onstage during a brief speech at Binance Fair in Singapore in an overview discussion of BloqLabs. дальше »
2019-1-24 20:20 | |
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BetterHash Protocol Lets Pool Miners Regain Control Over Their Hash Power
One problem that concerns many is the centralization of mining within the Bitcoin ecosystem. Fortunately, there are talented developers working to solve this problem and Matt Corallo, full-time Bitcoin developer at Chaincode Labs, is one of them. дальше »
2019-1-26 23:50 | |
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Bitcoin Price Analysis: BTC Wild Cards, $3,500 Last Frontier
Latest Bitcoin News That environmentalists are always on Bitcoin case is appalling. Why not ambush traditional banking set ups whose carbon footprints are on par oil sector players? The more they critic the network–even going to lengths of comparing facilitators as miners as environmental enemies, the more we have reasons to believe that their green […] The post Bitcoin Price Analysis: BTC Wild Cards, $3,500 Last Frontier appeared first on Ethereum World News. дальше »
2019-1-21 15:00 | |
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The Bitcoin Cash Mining Death Spiral Scenario
The concept of a bitcoin mining death spiral has been around for many years. The basic idea is a large number of bitcoin miners may stop mining at nearly the same time because their activity is no longer profitable. дальше »
2019-1-18 16:45 | |
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Anonymous Bitcoin miners are taking over the network
The world’s most popular cryptocurrency is a now a little bit more decentralized, thanks to the waning influence of Bitmain and the return of the anonymous Bitcoin miner. Blockchain research unit Diar has published new data revealing exactly who has been validating the Bitcoin network. дальше »
2019-1-15 19:46 | |
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Fee Spike on Ethereum Classic Raises Fears of More Exchange Attacks
Abnormal network activity this past Sunday on ethereum classic caused certain miners to receive thousands of dollars in payout. These peculiar transactions also caused average transaction fees and hashrate levels to reach unprecedented highs. дальше »
2019-1-15 01:00 | |
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Crypto Investors Checklist About Ethereum’s Constantinople Hard Fork on January 16, 2019
Ethereum (ETH) is going to experience a new hard fork as soon as January 16. This network upgrade is called Constantinople and is expected to reduce block rewards for miners from 3 ETH to 2 ETH. The upgrade is very important for the Ethereum community and is an important path towards Proof-of-Stake (PoS) from Proof-of-Work […] дальше »
2019-1-7 19:00 | |
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Zcash Plans To Reduce Inflation With Harmony Mining
Zcash, a prominent privacy coin, has announced plans to reduce its rapid inflation rate. Currently, the coin is experiencing inflation at a rate of 0.1% per day. This may not sound like much, but the rate compounds dramatically over the course of a year, and in absolute terms, the network is issuing miners $400,000 worth… The post Zcash Plans To Reduce Inflation With Harmony Mining appeared first on UNHASHED. дальше »
2019-1-7 19:26 | |
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Ethereum (ETH) Blockchain Developers Could Look to Block ASIC Mining on the Network
It seems that Ethereum developers could soon implement a new algorithm that would block ASIC miners from participating in the network. However, the new proposal has to be tested and reviewed before being implemented. дальше »
2019-1-5 03:31 | |
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Bitcoin Magazine Launches Custom Block Explorer
As part of the new Bitcoin Magazine site, we’ve launched a custom block explorer, using Blockstream’s open-source implementation Esplora. What Is a Block Explorer?Bitcoin runs on a distributed network of computers that participate in securing and maintaining a ledger of transactions called a blockchain. дальше »
2019-1-3 06:35 | |
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Bitcoin Mining Difficulty Adjusts 10% Upwards For the First Time in Months
Bitcoin continues to stabilize its network activity with a return to upward difficulty adjustments after hash rate reversed its decline last month. Bitcoin Continues To Police Itself Data from statistics resources Blockchain and Bitcoin Wisdom confirms that the Bitcoin network’s most recent difficulty adjustment was up, not down, by just over 10 percent. дальше »
2019-1-1 17:00 | |
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Economic Rationality and the Bitcoin Network
The Bitcoin network has now been functioning for a decade. In that time, human beings have actively interacted with the system, participating as miners, running nodes, and making transactions. In addition to securing the network and increasing decentralization by contributing computing power, human beings have also played a significant role in the increase in the value of the cryptocurrency. дальше »
2018-12-31 12:00 | |
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Bitcoin Network’s Hash Rate Finds Stable Recovery After 50% Drop Since August
In the last years, Bitcoin’s hash rate has been growing very fast. In August, it reached 61 million TH/s but it fell down to 31 million TH/s. However, during the last few weeks, Bitcoin’s hash rate has stabilized between 31 million TH/s and 45 million TH/s. дальше »
2018-12-21 20:57 | |
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Bitcoin Hash Rate Stabilizes After Mining Difficulty Adjusts to Lower Price
The Bitcoin hash rate – the number of hashes per second the network is performing – has stabilized undergoing its biggest downward difficulty adjustment in seven years amid lower BTC price. дальше »
2018-12-21 01:00 | |
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Syncing Data Between Bitcoin Nodes Is About to Get Easier
Minisketch is a new solution that’s trying to solve an old problem. Spearheaded by Blockstream co-founder Pieter Wuille, Bitcoin Core contributor and fellow Blockstream co-founder Gregory Maxwell, and Blockstream software engineer Gleb Naumenko, the open-source initiative is designed to achieve set reconciliation between the mempools of each full node. дальше »
2018-12-18 18:48 | |
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1.3 Million Bitmain S9 Bitcoin Miners Go Offline as Crypto Price Crash Continues
The total hash rate of the Bitcoin network has fallen by 31 percent since November, representing around 1. 3 million Bitmain S9 miners that have been turned off as they struggled to stay profitable in the bear market, BitMex revealed in a report on December 10, 2018. дальше »
2018-12-12 08:00 | |
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Vertcoin (VTC)’s 51% Mining Attack Matters Says MIT Digital Currency Initiative Advisor
A few days ago, the virtual currency Vertcoin (VTC) experienced a 51% attack in which a miner (or a group of miners) controlled more than half of the network hash power. This allowed attackers to conduct multiple attacks and double spend some funds. дальше »
2018-12-11 03:35 | |
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Bitcoin SV (BSV) Miners Stay Loyal despite Higher Bitcoin (BTC) Profitability
Miners are sticking with Bitcoin SV (BSV), one of the assets created from the Bitcoin Cash split, but supporting the network is costing them at a time when mining Bitcoin (BTC) would offer greater rewards. дальше »
2018-12-6 16:26 | |
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Bitcoin’s Network Just Experienced Its Second Largest Downward Adjustment
As the market continues to tumble (and mining profits have dwindled), Bitcoin’s mining difficulty dropped by its largest percentile in seven years — the second largest downward correction in the cryptocurrency’s lifetime. дальше »
2018-12-4 01:01 | |
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Understanding How Blockchain Fees And Incentives Help Fend Off Network Spam Attacks
A lot of newcomers to crypto space often wonder why transaction fees are necessary, especially since miners receive block rewards. However, the truth is that block rewards can be enough only for a certain period, especially when it comes to Bitcoin, which has its block rewards cut in half approximately every four years. For now, […] дальше »
2018-12-3 21:27 | |
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Bitcoin Price Analysis - Dropping Hashrate
A significant decline in price has meant that many miners are no longer profitable, and are thus turning off their mining hardware, dropping the network hashrate substantially. Despite the large increase in block times and increasing transactions per day, there have been no detrimental effects to transaction fees or pending transactions. дальше »
2018-12-3 14:01 | |
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Bitcoin Price Analysis - Dropping hasrate
A significant decline in price has meant that many miners are no longer profitable, and are thus turning off their mining hardware, dropping the network hashrate substantially. Despite the large increase in block times and increasing transactions per day, there have been no detrimental effects to transaction fees or pending transactions. дальше »
2018-12-3 14:01 | |
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Bitcoin (BTC) Mining Difficulty Is Decreasing But Miners Are Switching Off – What’s Going On?
One of the most direct ways to own Bitcoin is through mining, but that comes with some costs in terms of power and time. When the network’s hashing power increases, mining difficulty also increases since a surge in hash rate indicates an influx of miners on the network. дальше »
2018-12-1 19:18 | |
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BCH/USD Price Analysis: Bitcoin Cash ABC, Bitmain Count Losses while Bitcoin SV Gain $1.7 billion
Latest Bitcoin Cash News For true distribution and decentralization then replication in blockchain is inevitable. Replications are done via miners who not only hold the copy of the blockchain but actively secure the network while simultaneously preventing double spends. дальше »
2018-11-29 20:38 | |
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Bitcoin Price Crash Influences Crypto Miners Decision To Shut Down Or Sell Off Equipment
Bitcoin Price Crash – Are Miners Shutting Down And Selling Off Equipment? Bitcoin’s recently crashing price has not only affected the price of other altcoins, it’s also having a spillover effect on miners who seem to be jumping ship. дальше »
2018-11-29 05:23 | |
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Bitcoin Miner’s Future Looks Bleak as Hash Rate Drops by 24% in Three Months
According to a report published by Bloomberg, November 26, 2018, the Bitcoin Network’s hash rate has dropped by a whopping 24 percent from its ATH in late August 2018. This, in turn, could force many small and medium scale bitcoin miners to abandon their mining operations due to the inability to breakeven costs. дальше »
2018-11-27 16:00 | |
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A Bug Making Ethereum Transactions on Exchanges Vulnerable Has Been Fixed
A bug centering around a new Ethereum token, GasToken, which was enabling abuse on cryptocurrency exchanges, appears to have been resolved. The details are provided in a report originally published on November 13, 2018, that discussed how the bug was exploited by attackers, and what digital platforms could do if they wished to protect their hot wallet funds. дальше »
2018-11-22 00:34 | |
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Bitcoin Cash ABC update exposes potentially catastrophic vulnerability
It hasn’t been long since the monstrously wasteful hash wars began, but it already seems both newly spawned blockchains are running into potentially crippling technical difficulties. Shortly after BSV (nChain’s implementation of Bitcoin Cash) suffered from a bug that split its network in two, it appears that BAB (Bitcoin-ABC’s implementation of Bitcoin Cash) has rolled out a software update that puts its entire network at risk of 51-percent attacks from rogue miners. дальше »
2018-11-21 20:52 | |
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Hoskinson: Satoshi Did “An Amazing Thing”...But There Are Lessons to Learn
Charles Hoskinson is best known today as a co-founder of both Ethereum and IOHK, where he leads the research, design and development of Cardano. But before these projects, there was Bitcoin. дальше »
2018-11-20 23:08 | |
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BCHABC Generates Nearly Empty Blocks While BCHSV Blocks Grow Bigger
There are still some intriguing aspects about the Bitcoin Cash hash war to highlight. As neither network can gain a major edge over the other, a lot of enthusiasts have begun looking beyond the number of blocks and actual hashrate. дальше »
2018-11-19 23:30 | |
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Craig Wright Comes for XRP, says the Currency ‘is a Security and Biggest Scam in the Space’
Other than threatening miners and responding to perceived opponents in the cause of claiming ownership over the Bitcoin Cash Network, Craig Wright has quite a handful of points to throw out on why he believes Ripple (XRP) is a Security. дальше »
2018-11-19 21:07 | |
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One Day After the Bitcoin Cash Hard Fork: Takeaways and Latest Developments
Bitcoin Cash, the “big block” project that forked away from the Bitcoin blockchain in August 2017, “hard forked” (split) into two different coins: “Bitcoin Cash ABC” (BCH ABC) and “Bitcoin Cash SV” (BCH SV). дальше »
2018-11-17 02:13 | |
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How Cartels May Control EOS and Fundamentally Threaten its Survival
There is evidence that a small group of block producers (miners) control the entire EOS network. These block producers have the power to censor transactions, blacklist individuals, and ensure they remain in power. дальше »
2018-11-16 15:30 | |
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Bitcoin Unlimited vs Bitcoin ABC vs Bitcoin SV – Node & Economic Support
There are still a lot of unknown factors associated with the upcoming Bitcoin Cash hard fork. While miners clearly favor Bitcoin SV at this time, things may look a bit different where everything else is concerned. дальше »
2018-11-15 19:53 | |
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