Bitmain Announces Next-Generation Antminer Equipped With 7nm Chip
At the World Digital Mining Summit in Tbilisi, Georgia the blockchain firm and mining manufacturer, Bitmain Technologies, announced a new Antminer will be launched soon equipped with 7nm semiconductor technology. The firm’s CEO Jihan Wu reported that Bitmain’s next-generation ASIC BM1391 Finfet chip integrates more than a billion transistors for optimal SHA256 mining performance. Also Read: Japanese […]
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According to Fundstrat analyst Sam Doctor, it appears Bitcoin Core (BTC) hashpower has doubled since just before the start of summer. That figure is impressive considering the lingering and deep bear market. “Even with upgrades to existing equipment, implies almost 1GW of new power consumption vs 5.2GW in May ’18m” Mr. Doctor tweeted. “Breakeven now […]
The Russian crypto association is working on two projects to create mining pools offering better conditions to the local mining companies. The industry has seen robust growth with an estimated 70,000 enterprises currently operating in the field, according to the organization. Miners are taking advantage of the cheap electrical energy produced in Russia. Many companies […]
The world’s most expensive bitcoin core (BTC) price is in Iran. A combination of high foreign currency demand, economic sanctions and an improved regulatory environment – with some speculation – have sent the price of the leading digital currency skywards. How high can it go? Also Read: Iran Officially Recognizes Cryptocurrency Mining Falling Rial, New Policy […]
Kryptovault, a Norwegian company specializing in “large-scale cryptocurrency mining and data center operations,” has recently received a bomb threat amid escalating noise complaints pertaining to its virtual currency mining. Also Read: Funds Frozen, Account Closed: UK Banks Target Cryptocurrency Owners Norwegian Cloud Mining Company Receives Bomb Threat Norwegian mining and data center company, Kryptovault, has reportedly […]
Castle Island Ventures partner and cofounder of Coinmetrics.io, Nic Carter, has had quite enough. Made crazy by mainstream media misunderstanding, ignorance, and downright falsehoods regarding cryptocurrencies, he took to Medium, making the case for why Bitcoin is not dead, again. Also read: Report: 15,000 Twitter Crypto Scam Giveaway Bots “Bitcoin is Still a Total Disaster” […]
Accident-prone altcoin verge has been crippled by yet another mining attack. A little over a month after being subjected to a 51% attack, the network is once again at the mercy of a malevolent attacker who is rejecting blocks and profiting handsomely off the carnage caused. The repeat attack illustrates the risks faced by low […]
Unicef Australia has launched a platform through which third-party donations are made in the form of in-browser computing power which is used for cryptocurrency mining. The website, The Hopepage, allows donors to designate a set percentage of computing power to divert to mining Monero on behalf of Unicef. Also Read: Peter Thiel’s Founders Fund Thinks Institutional […]
This week cryptocurrency miners had processed the 17 million coins across both Bitcoin Cash (BCH) and Bitcoin Core (BTC) networks, marking a great milestone within the history of blockchain technology. Now there are only 4Mn BCH and BTC left to mine but it’s still a very long time away until the very last coins are […]
Verge, a ”privacy coin” famed for the zealotry of its community, has fallen prey to a 51% attack. A malevolent miner gained majority control of the network hashrate, a feat that makes it possible for the controlling entity to modify transactions, calling the integrity of the entire blockchain into question. Around 250,000 verge were stolen […]
