After almost a yr of acrimonious debate, the Sia blockchain is shifting to give huge mining corporations the boot. David Vorick, founder and CEO of Nebulous – the for-profit firm behind the $233 million distributed storage protocol – advised CoinDesk that Sia will quickly transfer to enact a software program change meant to block sure […]
Ethereum Security Lead Joins Effort to Oust Blockchain’s Big Miners
A notable voice is becoming a member of the ranks of ethereum builders who’re looking for to block highly effective ASIC miners from incomes an outsized share of the platform’s invaluable ether cryptocurrency. In an developer assembly Friday, Martin Holst Swende, safety lead on the Ethereum Foundation, stated he helps swift motion to take away ASIC […]
AMD Sees Q2 Drop in GPU Sales to Crypto Miners
Chip maker Advanced Micro Devices (AMD) stated Wednesday that gross sales of graphics playing cards (GPUs) to cryptocurrency miners fell in the course of the second quarter. The firm revealed its quarterly earnings report late Wednesday afternoon, reporting a three % quarter-to-quarter decline in income for its Computing and Graphics phase. The unit introduced in $1.09 […]
Heavy Rainfall in China, Thousands of Miners Reportedly Damaged
News According to a Chinese language Economic Daily News report, graphics playing cards and ASIC mining methods are anticipated to see a brief time period surge in orders from the crypto mining sector in Sichuan province, the place reportedly over seventy % of the mining methods are situated in China. Sichuan province has been hit […]
Secret ASICs for the People: Obelisk Reveals Plan to Fight Big Miners
If you possibly can’t beat ’em, be a part of ’em. The age-old idiom could also be notably related for David Vorick, the co-founder of the Sia blockchain, whose new challenge goals to battle highly effective crypto mining chip producers by bringing competitors to the sector. To do that, Vorick launched Obelisk, a brand new chip […]
Crypto’s War On Miners? It Might Already Be Over
Brick ’em? Maybe not anymore. What was as soon as a phrase that echoed throughout message boards, one which outlined an aggressive shift in sentiment towards the businesses that at this time make hardware required to run cryptocurrency software program, is falling out a style because the so-called ‘War on Miners‘ enters a much less […]
Bitcoin in Brief Friday: Farms on Wheels, a Hotel, and Even a Simulator for Miners
The Daily With 80 % of all bitcoins already mined, and the hashrate of the community reaching all-time highs, in at the moment’s Bitcoin in Brief we’re masking some information from the world of crypto mining. An Italian firm is creating cellular mining farms, whereas in Russia a mining lodge presents a […]
The Anti-ASIC Revolt: Just How Far Will Crypto’s War On Miners Go?
Can public cryptocurrencies keep public? That’s the straightforward query that lies on the coronary heart of a posh debate occurring throughout main cryptocurrencies, the place builders from tasks as numerous as ethereum, monero and zcash are up in arms over what to do concerning the arrival of a brand new type of hardware that would upend […]
Bitmain Confirms Release of First Ethereum ASIC Miners
Bitcoin mining hardware agency Bitmain unveiled its long-rumored ethereum mining tech on Monday. The Antminer E3 is about to ship this July, according to Bitmain’s website, at a worth of $800 per unit. According to statements, the corporate is limiting orders to “one unit per user” with restrictions on delivery to China and Taiwan. As […]
Crypto Kill Switch: Monero Goes to War Against Miners
Developers are getting ready to go to lengths to maintain one of many world’s largest cryptocurrencies free from the encroaching pursuits of massive enterprise. While a high-speed hardware often known as an ASIC has been used to safe bitcoin transactions for years, mining hardware producer Bitmain recently announced a brand new mannequin, the Antminer X3, […]