2019-12-10 17:12 |
RandomX, new Monero mining algorithm which eliminates the profits of ASIC-based mining, has been implemented recently. And its hash-rate has surged up by 186%!
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Monero recently upgraded its network, keeping in line with its constant efforts to steer clear of ASIC centralization. One of the major network upgrades included the shift of the mining algorithm fromThe post Monero: 'Size of mining bots on RandomX will be smaller' appeared first on AMBCrypto.
2019-12-9 21:00 | |
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Most recently, the Monero network successfully upgraded to a new mining algorithm aiming to be ASIC-resistant, RandomX. This upgrade led to a surge of 190% in the hash rate of the Monero network. From 297 MH/s on Nov.
2019-12-8 20:13 | |
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Great North Data, a Canada-based Bitcoin mining and AI algorithm processing center has shuttered and is filing for bankruptcy protection. The company has listed more than $13 million in liabilities against a meager $4.
2019-12-5 12:34 | |
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Monero has completed its hard fork and has introduced RandomX, a new ASIC-resistant mining algorithm
2019-12-3 23:52 | |
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The Monero network successfully conducted a scheduled upgrade on Nov. 30. Among other features, the RandomX mining algorithm was introduced to cripple ASIC machines and improve the efficiency of CPUs.
2019-12-3 20:11 | |
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Adam Back, the Bitcoin (BTC) pioneer and creator of the Proof-of-Work (PoW) system that was highly used in the Bitcoin mining algorithm, has launched a controversy by comparing Ethereum (ETH) with the no longer existing biotech startup Theranos.
2019-11-27 22:00 | |
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The Monero network is due for a drastic change to its consensus algorithm, moving from CryptoNight to Random X over the course of the next week. The goal of the new algorithm is to help remove ASICs from the network permanently by giving CPUs a competitive mining advantage.
2019-11-25 14:01 | |
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Special thanks to Justin Drake and Jinglan Wang for feedback In 2014, I made a post and a presentation with a list of hard problems in math, computer science and economics that I thought were important for the cryptocurrency space (as I then called it) to be able to reach maturity.
2019-11-25 04:03 | |
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What is merged mining on Bitcoin? Simply put, merged mining is a mechanism that allows different cryptocurrencies that use the same algorithm, to be mined together. When analyzing the study on the profitability of bitcoin merged mined blockchains, we found […] The post Merged Mining on Bitcoin: Expanding Bitcoin’s Capabilities [with RSK Sidechain] appeared first on CoinMarketCap.
2019-11-7 17:09 | |
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Aragon votes against Ethereum changing its proof-of-work mining algorithm before Ethereum 2.0
2019-11-5 01:45 | |
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GRIN was launched in January 15, 2019, and was one of the most hyped launches in the history of cryptocurrency. The altcoin employs a new mining algorithm called MimbleWimble and, similar to Bitcoin, the publisher of the whitepaper remained anonymous.
2019-10-15 14:55 | |
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Monero (XMR) has to deal with the inflow of specialized ASIC machines taking over mining on its network. After several ASIC-disabling forks, which slightly tweaked the CryptoNight mining algorithm, Monero is planning to switch to an entirely different proof-of-work algorithm to remain resistant.
2019-10-15 18:00 | |
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The network is set to drastically change it’s consensus algorithm from CryptoNight to Random X at the end of November. The goal of the new algorithm is to help remove ASICs from the network permanently by giving CPUs a competitive mining advantage.
2019-10-11 14:01 | |
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Another altcoin network is pivoting to a new algorithm to prevent mining centralization. . Ravencoin, a network for asset tokenization, is expected to implement a hard fork tomorrow over fears that nearly 50% of the network is controlled by ASIC miners.
2019-9-30 17:41 | |
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Bitcoin (BTC) supporters should be neutral or even friendly to altcoins, but be very skeptical of hard forks, commented Ari David Paul, co-founder of BlockTower Capital. But what is worrying is hard forks that challenge the mining of the SHA-256 algorithm.
2019-9-11 20:30 | |
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Korea Blockchain Week 2019, Asia’s largest blockchain weekly event to take place on September 27th to October 4th. Nick Szabo, who invented the phrase and concept of “smart contracts” in 1994, along with Dr.
2019-9-2 18:27 | |
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Korea Blockchain Week 2019, Asia’s largest blockchain weekly event to take place on September 27th to October 4th. Nick Szabo, who invented the phrase and concept of “smart contracts” in 1994, along with Dr.
2019-8-28 10:30 | |
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Charlie Lee announced that Litecoin controls 98 percent of the hash rate for its “Scrypt” mining algorithm. This dominance is critical for the security of LTC. Meanwhile, other coins which have minority control over their algorithm, such as Bitcoin Cash and Bitcoin SV, remain at high risk of malicious attack.
2019-8-19 11:02 | |
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Charlie Lee announced that Litecoin controls 98 percent of the hash rate for its “Scrypt” mining algorithm. This dominance is critical for the security of LTC. Meanwhile, other coins which have minority control over their algorithm, such as Bitcoin Cash and Bitcoin SV, remain at high risk of malicious attack.
2019-8-20 11:02 | |
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As most of our regular readers are well aware of, Bitcoin is a decentralized peer-to-peer network wherein each separate tx is secured using a SHA26 algorithm. Also, it is worth noting that peers on the network are required to invest a certain amount of their computational power (hash power) to verify each individual transaction. In […]
2019-8-12 19:50 | |
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A decade ago when Satoshi Nakamoto unleashed the Bitcoin network, the security behind the protocol was guarded by only a few miners. These days, mining the SHA-256 algorithm has become a thriving industry that hasn’t stopped growing.
2019-8-12 20:00 | |
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Bitcoin is a decentralized peer-to-peer financial network where all transactions on the network are verified by a peer, instead of a centralized authority. Each transaction on the Bitcoin network is encrypted with SHA26 algorithm with a predefined output.
2019-8-11 21:30 | |
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There is always a Yin for a Yang, with many major businesses swimming against the tide by integrating their operations with blockchain technology. Following a growing adoption rate, blockchain technologists are building innovative technologies in order to get ready for mainstream adoption in the near future.
2019-7-23 08:31 | |
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To ensure ASIC mining rigs aren't built for the network's GPU-friendly mining algorithm, privacy-focused cryptocurrency Grin executed the first of four planned hard forks spread out over the network's first two years.
2019-7-18 23:49 | |
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Wednesday's planned system upgrade for the Grin blockchain tweaked a mining algorithm.
2019-7-18 22:00 | |
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Delegated Proof-of-Stake (DPoS) platforms are becoming the new norm in the cryptocurrency space, steadily pushing out their Proof-of-Work (PoW) predecessors. The reasons for that are quite evident.
2019-6-25 14:40 | |
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Monero (XMR) spikes 25. 3 percent RandomX under audit In Monero, decentralization is vital. As a result, the next enhancement of its mining algorithm, via RandomX, is a step in the right direction.
2019-6-22 10:04 | |
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Ethereum’s developers are working to deploy another hard fork called Istanbul. At the moment, there are 28 proposals (EIPs), which include changes to the mining algorithm, code execution, pricing mechanism, and data storage process.
2019-6-18 01:00 | |
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To stave off ASIC miners, Monero developers have regularly forked the network to middling success. Now that ASIC manufacturers can produce chips faster than Monero can hard fork, Monero developers are moving forward with a new mining algorithm dubbed "RandomX," which is designed to render ASICs non-competitive.
2019-6-13 19:17 | |
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CryptoNinjas Leading private cryptocurrency Monero and the serverless storage enabler Arweave , announced today they jointly will be validating the new cryptocurrency proof-of-work algorithm RandomX.
2019-6-4 21:02 | |
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The anonymous cryptocurrency Monero plans to carry out a hard fork to make the network resistant to ASIC miners in an attempt to promote network decentralization. The erstwhile Cryptonight algorithm is likely to be removed in favor of RandomX to keep mining centralization at bay, June 4, 2019.
2019-6-4 17:00 | |
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Developers of the Monero privacy coin have announced a new weapon in their battle against centralization. In collaboration with Arweave, a serverless storage protocol, the Monero team is validating a new, ASIC-resistant mining algorithm, dubbed RandomX.
2019-6-4 11:17 | |
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BitGreen is a new cryptocurrency platform launched in 2018. It is based on masternodes and trades mostly on Cryptopia cryptocurrency exchange that is aimed at providing a sustainable, energy-efficient, and extremely fast proof-of-stake masternode mining agreement.
2019-5-29 02:50 | |
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Programmatic Proof-of-Work [ProgPow] has undoubtedly been one of the most controversial upgrades of Ethereum. The algorithm that promises to ward off ASIC mining would probably not make it till after the Istanbul hardfork.
2019-5-24 14:55 | |
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Monero is a cryptocurrency with a focus on privacy. The asset has gained attention based on its anonymity payment features. Monero runs a proof-of-work algorithm dubbed CryptoNight, which works well with CPU and GPU mining.
2019-5-19 15:40 | |
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Monero is a cryptocurrency with a focus on privacy. The asset has gained attention based on its anonymity payment features. Monero runs a proof-of-work algorithm dubbed CryptoNight, which works well with CPU and GPU mining.
2019-5-19 15:40 | |
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Funding has been raised to conduct a technical audit over "ProgPoW" – a hotly-debated proposal to change ethereum's mining algorithm.
2019-4-27 21:00 | |
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We’ve seen the screaming headlines: Bitcoin uses more electricity than Ireland! Bitcoin is an environmental terrorist! Bitcoin will use more energy than the whole wide world by next year! (Yes, really… Newsweek actually published that.
2019-4-25 19:40 | |
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The author of ‘Mastering Bitcoin’ Andreas Antonopoulos was asked of his opinion, on if mining of BTC is profitable with its current price, during a YouTube question and answer session. Andreas started by explaining the ‘difficulty re-targeting algorithm’, stating that brings about a changing relationship between the allocation of new BTC blocks and miners behavior […]
2019-4-10 01:50 | |
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Andreas Antonopoulos, the author of Mastering Bitcoin and a Bitcoin proponent, opined whether it was profitable to mine Bitcoin in light of its price, during a Q&A session on YouTube. The author began by elucidating the difficulty re-targeting algorithm.
2019-4-9 17:00 | |
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This article was originally published by 8btc and written by Chloe Jiang. Bitmain, the world’s largest bitcoin miner manufacturer, has announced specifications for its Antminer 17 series machines, which will be globally available on April 9, 2019.
2019-4-9 20:14 | |
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On March 29, the two largest mining rig manufacturers, Canaan Creative and Bitmain Technologies, announced the sale of their next generation devices that process the SHA-256 algorithm. Both firms are gearing up to sell the new products this spring as a slew of mining operations have been prepping up new facilities in order to take […] The post Manufacturing Giants Bitmain and Canaan Announce Second-Generation Miners appeared first on Bitcoin News.
2019-3-30 19:20 | |
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Despite still using a proof of work mining system, Ethereum (ETH) is widely known for the proof of stake system, since it was originally designed by its co-creator Vitalik Buterin as the future of cryptos.
2019-3-29 03:09 | |
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Bitmain, the Beijing-headquartered cryptocurrency mining giant, has officially released the Antminer Z11 machine on Tuesday, March 19. The new device is designed to mine coins that are based on the Equihash proof-of-work algorithm such as the privacy-focused altcoin zcash (ZEC).
2019-3-19 16:28 | |
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Ethereum core developers reaffirmed during a meeting today that mining algorithm change "ProgPoW" would be added to a coming hard fork.
2019-3-15 22:10 | |
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A new ProgPoW algorithm which has the potential to make Ethereum network resistant to ASIC mining recently started gaining a lot of support from ETH network participants. However, the new situation has also inspired a number of rumors, debates, and even conspiracy theories.
2019-3-15 21:42 | |
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As ASIC-resistant ProgPoW gets the users support, more questions appear on whether the algorithm introduction will protect the Ethereum network from centralization
2019-3-14 13:14 | |
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The code designed to enact ethereum’s next system-wide upgrade, Istanbul, may feature the inclusion of a controversial mining algorithm said to allow for broader participation in its network. Discussed Tuesday during a meeting of project managers working on the world’s second-largest blockchain, Ethereum Improvement Proposal (EIP) 1057, also known as Progressive Proof-of-Work (ProgPoW), has been long debated. […]
2019-3-13 23:15 | |
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What is merged mining? Merged mining is a process of mining two cryptocurrencies with a same algorithm simultaneously. This allows the miner to direct his hashing power into mining two cryptocurrencies at once, resulting in higher hash rates for both of them.
2019-2-28 09:08 | |
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