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Competing Bitcoin Cash Forks Show Differing Outcomes; Miners Support SV while Traders Side with ABC
Ahead of Bitcoin Cash’s (BCH) impending fork on November 15, 2018, miners maintaining the network may be taking two different paths for the protocol if data from Coin Dance is considered. Competition in Decentralization The two teams, Bitcoin ABC and Bitcoin SV, led by Bitcoin Cash proponent Roger Ver and CoinGeek CEO Calvin Ayre respectively, are engaged in a fierce. дальше »
2018-11-15 08:00 | |
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Bitcoin Cash Miners Exchange Heat While Asian Traders are Buying BCH
CoinSpeaker Bitcoin Cash Miners Exchange Heat While Asian Traders are Buying BCH There is a huge competition between the opposite mining pool camps for the hash rate occupancy to gain dominance over the network. дальше »
2018-11-14 15:58 | |
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Paraguay’s Economic Debt Crisis Could End with Bitcoin Mining as a Big Boost to the Bottom Line
Paraguay has had several hydroelectric towns that many had associated them with the drug cartels, ammunition and also smuggling. But now it has become the new home for the crypto miners in the market who have been connected to a very sophisticated network involved with mining crypto coins for their owners. It is finally giving […] дальше »
2018-11-14 02:43 | |
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Bitcoin Mining May Trigger the End of Paraguay’s Economic and Debt Crisis
Paraguay’s hydroelectric powered-towns, long associated as dugouts for drug cartels, smuggling, and ammunition rackets, are now home to miners connected in a sophisticated network circuitry to mine cryptocurrencies for their owners. дальше »
2018-11-12 16:00 | |
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Bitcoin Cash Miners Break Records Processing Multiple 32 MB Blocks
On Saturday, Nov. 10, the operation BMG mining pool mined multiple 32 MB blocks on the Bitcoin Cash (BCH) network. The first block at height 556034 was the biggest block ever mined on the BCH chain and the process confirmed over 166,000 transactions. дальше »
2018-11-10 19:55 | |
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Bitfury Secures $80M in Private Funding Round
Cryptocurrency mining firm Bitfury Group has closed a Series C, $80 million funding round led by EU-based Korelya Capital. The round also included crypto merchant bank Galaxy Digital, Lian and Jabre Group, Dentsu Inc. дальше »
2018-11-7 01:06 | |
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How Long Does it Take to Mine 1 Bitcoin?
As you probably know, the Bitcoin network is maintained by a decentralized web of Bitcoin miners. These miners use their computational resources to verify blocks of transactions and are rewarded for their service with newly minted Bitcoins. дальше »
2018-11-7 00:01 | |
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Miners Have Begun Using Asicboost on the Bitcoin Cash Network
On Oct. 22, Bitmain released new firmware for the company’s Antminer mining rigs that enables the use of an optimization known as (overt) version-rolling Asicboost. Since then, Bitcoin Cash mining pools have been using the protocol and 63 Asicboost blocks were mined last week on the network. дальше »
2018-11-5 03:15 | |
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Sia Completes Hard Fork That ‘Bricks’ Miners As Disabled ASIC Crypto Miners Create Competitor
Sia network has finally completed its network hard fork. The distributed cloud storage blockchain was able to change its consensus rules in a way that no ASIC mining devices can be used to mine tokens from the network anymore. дальше »
2018-11-2 10:26 | |
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What is Equihash? | Guide to Equihash Coins
Most cryptocurrencies rely on proof-of-work (PoW) mining to secure their networks from double-spending in a censorship resistant way. In order to maintain censorship resistance, the network of miners must be sufficiently decentralized. дальше »
2018-11-2 22:54 | |
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What is Equishash? | Guide to Equihash Coins
Most cryptocurrencies rely on proof-of-work (PoW) mining to secure their networks from double-spending in a censorship resistant way. In order to maintain censorship resistance, the network of miners must be sufficiently decentralized. дальше »
2018-10-31 22:54 | |
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Potential Dusting Attack can Disrupt Bitcoin Users’ “Privacy”
The Bitcoin network appears to be under attack once again. No malicious miners are colluding to take over the network, albeit a new flood of transactions might cause some concerns. Samourai Wallet dubs this as a “dusting attack”, which can have troublesome consequences for those masking their tracks through extra privacy features and services. дальше »
2018-10-27 04:17 | |
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CoinGeek’s Public Mining Pool Opens for Bitcoin Miners
SVPool, the public mining pool for miners on the Bitcoin BCH network, announced that it has opened for business on Monday, Oct. 22. The public pool is managed by CoinGeek Mining and claims to be following the original vision of Satoshi Nakamoto, which helps miners in generating long-term revenue. дальше »
2018-10-24 14:59 | |
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Op Ed: In Defense of Bitcoin: A Response to Nouriel Roubini
Rhetorical style should never distract from the content of someone’s arguments. So when I heard that Nouriel Roubini testified to the U. S. Senate Committee on Banking, Housing, and Urban Affairs on the cryptocurrency and blockchain ecosystem, I decided to peruse his testimony and reflect on it. дальше »
2018-10-24 19:38 | |
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Sia Blockchain Network Shares New Hard Fork Code to Ban Crypto ASIC Miners
Sia blockchain network released a formula code for an imminent hard fork, which will block miners from using hardware produced by Bitmain and other manufacturers. CEO and founder of Nebulous David Vorick announced that it has released a code version 1. дальше »
2018-10-22 19:17 | |
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Siacoin’s (SC) Hard Fork to be Implemented on the 31st of October to Block Bitmain’s ASIC Miners
On the 16th of October, the team at SiaCoin (SC) announced that they had uploaded the newest version of their codebase. The new update is required for everyone who intends on being part of the Sia Network after the 31st of October. дальше »
2018-10-21 17:27 | |
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Why Are Miners Mining “Empty Blocks” and What Affect Does It Have on Blockchain Networks?
In early-October 2018, reports detailing a rise in the number of empty blocks on the Ethereum blockchain came to light. Using data from the Ethereum network, data analytics firms, as well as media companies were able to confirm the presence of a disproportionately high number of blocks devoid of any data related to transactions sent over the network. дальше »
2018-10-18 17:00 | |
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Report Links 74% of Bitcoin Mining to China, Sees Threat to Network
Bitcoin, the world’s most sought-after cryptocurrency, could be at the wish and whim of Asia’s economic giant. A recent study titled “The Looming Threat of China: An Analysis of Chinese Influence on Bitcoin,” jointly researched by Princeton University and Florida International University researchers, suggests China’s mining scene has an overwhelming influence over Bitcoin, something that could invite network manipulation. дальше »
2018-10-11 00:29 | |
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Blockstream’s Liquid Network for “High Value” Bitcoin Payments Is Live
The Liquid Network is up and running. More than a year after its conceptual introduction at the Blockchain Association of Canada's Government Forum in Ottawa, Blockstream’s bitcoin scaling solution made its public debut on October 10, 2018, after going live among its partners on September 27. дальше »
2018-10-11 20:44 | |
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Princeton Research Claims China Motivated to “Kill” Bitcoin, Selfish Miners Governing 74 Percent of Network
A research study published on Oct. 5 claimed growing Chinese influence over the Bitcoin protocol is a “looming threat” to the $114 billion network. The paper alleged that China presents a problem to the security, stability, viability of the pioneer cryptocurrency. дальше »
2018-10-10 20:00 | |
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Bitcoin Mining Profitability Declines Despite Increase in Revenue
Bitcoin mining in 2018 hasn’t been as profitable as in 2017 despite an increase in overall revenue. With the network hashrate continuing to increase astronomically, miners now pay higher electricity tariffs severely affecting their bottom-lines. дальше »
2018-10-9 00:52 | |
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Bitcoin (BTC) Is Not Truly Decentralized, Noted Economist Roubini Says
Economist Nouriel Roubini has attacked the notion that the Bitcoin network is truly decentralized, reiterating fears that miners and nodes are actually concentrated in the hands of just a few players. дальше »
2018-10-8 13:24 | |
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Battle of the Privacycoins: What We Know About Grin and Beam’s Mimblewimble
Based on blockchain technology, most cryptocurrencies have an open and public ledger of transactions. While this is required for these systems to work, it comes with a significant downside: Privacy is often quite limited. дальше »
2018-10-2 17:27 | |
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Ethereum Foundation Security Head Echos Removal of ASIC Mining Hardware from ETH
Ethereum Security Lead Joins Effort To Oust Blockchain’s Big Miners There is a strong movement building inside of the Ethereum network to block ASIC miners. As many users believe that the decentralization is important, they seem concerned that ASIC miners could centralize the decision on the network too much and, because of this, some people […] дальше »
2018-10-1 00:57 | |
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Bitcoin hard fork nightmare becomes reality after testnet splits
A week ago, Bitcoin developers disclosed a glaring vulnerability in the network that could’ve led to a series of abrupt chainsplits. Well, it appears this scenario has begun to play out. The good thing is that the incident took place on a controlled testnet, not the Bitcoin mainnet. дальше »
2018-9-27 18:01 | |
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Novice, Intermediate or Expert? A Quiz to Test Your Bitcoin Knowledge
Think you know the ins-and-outs of bitcoin? Test yourself with 30 questions that grill you on Bitcoin’s history, technology and politics. The 30 questions are split up into three segments ranging from novice to intermediate to expert, and cover a wide range of topics across the Bitcoin landscape. дальше »
2018-9-26 02:13 | |
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New Bitcoin Core Patch Fixes Vulnerability To DDoS Attacks, Devs Talk Of Possible Chainsplit
Like any technology, Bitcoin is always improving to achieve better results. The Bitcoin Core team has released a new patch this week, which fixed a vulnerability in the system that could be fatal to the network, as it allowed for DDoS attacks. дальше »
2018-9-21 19:44 | |
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Bitcoin devs warn of possible chainsplit following severe DDoS vulnerability
Bitcoin Core developers have issued an important statement to the entire community, as the fallout from a recently disclosed DDoS vulnerability intensifies. The vulnerability, which researchers disclosed earlier this week, made it possible for miners to sabotage the Bitcoin network by sending transaction data twice. дальше »
2018-9-21 15:29 | |
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New Mining Manufacturer Linzhi Announces Ethereum ASIC Miner
Chen Min, the former chief chip maker at Bitcoin mining chip developer Canaan Creative, is turning her attention to Ethereum. Announcing her venture at the Ethereum Classic Summit in Seoul, South Korea, Chen’s new company, Linzhi, will focus on building cryptocurrency mining devices, and its first official products are a series of application-specific integrated circuit (ASIC) miners designed specifically for Ethereum and Ethereum Classic. дальше »
2018-9-15 01:22 | |
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Battle of the Privacycoins: Why Monero Is Hard to Beat (and Hard to Scale)
Based on blockchain technology, most cryptocurrencies have an open and public ledger. While this is required for these systems to work, it comes with a significant downside: Privacy is often quite limited. дальше »
2018-9-15 20:21 | |
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DevCon 4 Will Set the Stage for Ethereum’s Next Milestone: Constantinople
Ethereum is embracing the Constantinople milestone at the end of November 2018, after DevCon4 in Prague. Constantinople is the latest Ethereum release, introduced through a hard fork, that will include five Ethereum Improvement Proposals (EIPs):Bitwise shifting instructions (EIP 145) in the Ethereum Virtual Machine (EVM) allow for direct manipulation of bytes on the EVM layer. дальше »
2018-9-11 18:15 | |
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Battle of the Privacycoins: Why Dash Is Not Really That Private
Based on blockchain technology, most cryptocurrencies have an open and public ledger. While this is required for these systems to work, it comes with a significant downside: Privacy is often quite limited. дальше »
2018-9-7 00:27 | |
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Bitcoin Cash Stress Test Goes Beyond 24-Hours Setting New Records
On September 1, Bitcoin Cash proponents led a community-driven stress test by sending millions of transactions in one day. In fact, the protocol’s miners processed 2. 2 million transactions in 24-hours and processed massive sized blocks all day long. дальше »
2018-9-6 22:05 | |
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Stress Test & Big Blocks: BCH Network Confirms 2M Transactions in 24-Hours
On September 1, 2018, the Bitcoin Cash (BCH) network was put to the test as BCH proponents flooded the mempool with millions of transactions. According to statistics during the last 24 hours, BCH miners have processed over 2 million transactions so far. дальше »
2018-9-2 06:50 | |
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How to Monitor the BCH Stress Test and Get Involved
It’s getting close to the Bitcoin Cash (BCH) network stress test and many BCH proponents are preparing for the occasion. BCH supporters hope to send out millions of transactions on September 1 in order to see how well miners can process all of the transactions in the mempool. дальше »
2018-8-31 02:35 | |
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Stakeholders Meeting To Determine The Future Of Ethereum Holds Today
An online meeting of Ethereum developers, miners, and investors to be held today will determine the future of Ethereum. The call for the meeting was made by the communications officer of Ethereum network, Hudson Jameson. дальше »
2018-8-25 20:50 | |
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