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What is a GPU and What Role Does It Play in Mining Cryptocurrencies?

By Patricia Bajis Ever since 2009, coders, developers and your computer-savvy friends have been mining cryptocurrencies in order to gain the currency themselves. With the cap of the amount of Bitcoin in the world being 21 million, miners are seeing diminishing returns on their work as we approach the cap and more people join in […] What is a GPU and What Role Does It Play in Mining Cryptocurrencies? was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »

2018-10-20 13:08

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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Can Cryptocurrency Mining Drive Further Growth to the Clean Energy Sector?

Although cryptocurrency mining contributes significantly to the greenhouse effect, the crypto mining industry may be the answer to further investment and growth for the clean energy sector. According to the World Economic Forum’s (WEF) report published on September 16, 2018, while many cryptocurrency miners use non-renewable sources, the cryptocurrency mining industry could benefit significantly if […] Can Cryptocurrency Mining Drive Further Growth to the Clean Energy Sector? was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »

2018-9-19 16:59

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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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”Ghost Town” in British Columbia Eyes Revival as Bitcoin Mine Comes to Town

The town of Ocean Falls in British Columbia, Canada, is set to become yet another example of a rejuvenated small town with a new crypto mining facility in town. A report on September 4, 2018, shows that after four long decades of little to nothing happening, the fortuitous presence of cheap hydroelectric power has attracted a bitcoin miner to town,...The post %%POSTLINK%% appeared first on %%BLOGLINK%%. дальше »

2018-9-7 01:00

Bitmax.io will start mining soon

BitMax. io, an innovative digital asset trading platform, has  reportedly completed its launch and will start mining soon. It has completed the early stage financing round about two months ago with strategic investments from many of the industry’s top venture capital institutions including FBG Capital, BitMain, Matrix Partners China, GBIC, Perseverance Capital and Kratos Partners. дальше »

2018-9-6 16:25