Monday, November 19, 2018
Tags Posts tagged with "bitmain"

Tag: bitmain

BitcoinCash Hard-Fork Set for November 15th, Platform’s Direction Uncertain

A long standing dispute within the Bitcoin Cash community has failed to reach a compromise, setting the fourth most valuable cryptocurrency up for a...

More Platforms are Implementing Hard Forks to Fight ASICs

The months-long decrease in market values has done little to slow crypto development, and more than ever corporate and enterprise players are controlling Proof-of-Work...

Aluminum factories make great cryptocurrency mining farms

Alcoa, the company that invented aluminum smelting back in 1888 observes once again how one of their old operation sites is being overtaken by...

Truth Behind the News: Bitcoin’s Supposed 51% Attack

On the 26th of June Crypto Briefing, Bitcoininst, CryptoVest, Smartereum, LiveBitcoinNews and CryptoCoinNews all reported on the Bitmain-owned pools Antpool & BTC.com reaching close to 51% of Bitcoin's total hashpower...

Concerns Growing Over Crypto Energy Usage

A recent report in the scientific journal Joule has concluded that Bitcoin mining currently consumes as much electricity as Ireland, and is on track...

The ASIC Debate Heats Up As Mining Becomes More Centralized

In 2013 the first Application Specific Integrated Circuits (ASICs) entered the marketplace for Bitcoin mining. These chips, which are vastly more powerful than the...

Mining Hardware

When Bitcoin was conceptualized, one could mine efficiently with the use of a consumer grade CPU. Eventually, as more and more people kept joining...