Tag: mining

Hashflare

Hashflare Cancels All Bitcoin Mining Contracts: Community Cries Foul

Just two days after suddenly making demands for all customers identity documents, the company known as Hashflare has released an email hours ago titled "[IMPORTANT] End of Mining Service of SHA-256 Contracts". According to the email, all current SHA-256 bitcoin...

/ July 22, 2018 / 13 Comments
Japan Crypto Mining

Japan Attracts Cryptocurrency Miners Seeking Cheap Electricity Costs

Completing cryptographic problems on the blockchain grows in complexity by the day, necessitating the development of high-tech miners .  Still, one or two computers are not enough to complete profitable mining. Thus, miners have to combine several Graphic Processing Units...

/ July 6, 2018 / 0 Comments
Bitcoin Mining Software

Best Bitcoin Mining Software: An In-Depth Look at the Top Choices

Bitcoin is the most well-known cryptocurrency and also the oldest, in the early days it was completely possible to mine it using your home computer and there were many early adopters of bitcoin who mined it using simple hardware -...

/ July 4, 2018 / 2 Comments
What is Nakamoto Consensus

What is Nakamoto Consensus? Complete Beginner’s Guide

Consensus algorithms are paramount to verifying the authenticity of distributed blockchain platforms and are the process of building agreement among a network of mutually distrusting participants. Created by Satoshi Nakamoto for Bitcoin, Nakamoto Consensus refers to the set of rules,...

/ June 26, 2018 / 0 Comments
App Store Bans Mining

Apple Says No to Mobile Mining, In-App Earning

Apple has recently updated their App Store review guidelines which detail what sorts of functions, features, and app types are allowed on their App Store. The list includes new guidelines in regards to how apps can and can't interact with...

/ June 12, 2018 / 0 Comments
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
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
Linux Cryptocurrency Mining Guide

Ultimate Setup Guide for Cryptocurrency Mining with Linux & Nvidia Cards

In this tutorial you will learn how to configure Linux on a mining computer that uses Nvidia GPU’s. We will also configure the computer to use SSH, so we can control the computer from another computer. The main advantage of...

/ April 23, 2018 / 15 Comments