Tag: Bitmain

Obelisk

Obelisk Could Make Open Source ASICs, Universal ASICs to Follow?

The threat of mining centralization is a common topic. But what is the solution? So far, most answers have been either to switch to proof-of-stake, or regularly change algorithms to resist ASIC developments. Some have even said that ASIC resistance...

/ June 8, 2018 / 0 Comments
GMO Miner

Japanese Tech Giant: “We Will Top Bitmain” GMO B2 Bitcoin Miner Revealed

A major technology company in Japan has just announced their new 7 nm bitcoin ASIC miner. The device has a higher price point than the competition, but according to reports, has a significantly higher hash rate. Called the GMO Miner...

/ June 6, 2018 / 0 Comments

Bitmain Customers Targeted in Phone Scam Selling Non-Existent “S11” Miners

Bitmain just released a statement claiming they are aware that a number of their customers have been targeted by a phone scammer claiming to be from Bitmain and offering advanced hardware that is not yet on the market. Specifically the...

/ May 31, 2018 / 2 Comments
Bitcoin Proof of Work Mining

Andreas Antonopoulos: Changing Bitcoin PoW Tantamount to Shooting Itself In The Foot

In a recent Q&A video, famed bitcoin commentator Andreas Antonopoulos answered a question about whether or not the bitcoin community should consider changing the current proof-of-work algorithm in an attempt to combat centralization and market dominance by Bitmain and its...

/ May 30, 2018 / 0 Comments
Ethereum Classic Difficulty Bomb

Ethereum Classic Difficulty Bomb Successfully Disarmed, Miners Rejoice

According to official reports, the Ethereum Classic difficulty bomb has been successfully disabled through a fork procedure. The fork occurred on block 5,899,999 and the difficulty bomb that Ethereum Classic inherited is now history. But what was the difficulty bomb,...

/ May 30, 2018 / 0 Comments
Bitmain

What is Bitmain? Beginner’s Guide to The Controversial ASIC Mining Behemoth

If someone were to ask you to name a company that has a huge influence on cryptocurrency at large, especially bitcoin, Litecoin, and Ethereum, a safe answer would definitely be Bitmain. But what is Bitmain? In simple terms, Bitmain is...

/ April 30, 2018 / 0 Comments
Vitalik Buterin Asic

Ethereum Founder Vitalik Against Anti-ASIC Fork

After the recent Bitmain gearing of a new ASIC chip designed to mine Ethereum, Vitalik Buterin has gone on record as saying that he is opposed to the whole idea of inhibiting the capacity of the pending mining rigs. Developers...

/ April 9, 2018 / 0 Comments
Bitmain Ethereum ASIC Miner

Bitmain Launches ASIC Ethereum Miner – Antminer E3

Folks at Wall Street might be developing a few jitters with the new coming out of Bitmain, the largest crypto mining hardware manufacturer in the world. With the mining giant set to release its newly created EtHash ASIC miner, AMD...

/ April 4, 2018 / 0 Comments