Tag: Technology

A New Bitcoin World

7nm ASICs Will Bring Bitcoin Mining to a Whole New Level

7nm ASICs Will Bring Bitcoin Mining to a Whole New LevelThis week news.Bitcoin.com reported on the Japanese corporation GMO Group announcing plans to start a bitcoin mining operation using 7 nanometer (nm) semiconductor chips. Many bitcoiners are curious about this news as 7nm chips are not commercially produced at the moment. However, many people still understand the introduction of more advanced ASIC processors will be […]

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September 11, 2017 0

Japan’s Internet Giant GMO Launching Bitcoin Mining with 7nm Chips

Japan's Internet Giant GMO Launching Bitcoin Mining Empire with 7nm ChipsJapan’s leading internet conglomerate and bitcoin exchange operator GMO has announced that it is expanding into the businesses of bitcoin mining and chip manufacturing. The company revealed plans to produce and sell 7nm semiconductor chips and run a mining facility in Northern Europe. Also read: GMO Releases Details of Bitcoin Trading Platform to Launch on May […]

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September 8, 2017 0

Chainside Launches Segwit-Compliant Python 3 Bitcoin Library ‘BTCpy’

This week the bitcoin software startup Chainside released a new Python 3 Segwit-compliant Bitcoin library called “BTCpy.” The company hopes the new codebase will further blockchain development and that businesses can integrate Bitcoin software with ease. Also read: Bitcoin Is Becoming a Popular Investment for Middle-Class Americans Introducing BTCpy – a New Python 3 Segwit Compliant […]

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September 6, 2017 0

Stargroup Network Upgrades – Bringing Bitcoin to 2,900+ Australian ATMs

The second largest independent ATM deployer in Australia Stargroup has signed a joint venture agreement with blockchain payment solutions company Digitalx to convert their existing ATMs into Bitcoin ATMs (BTMs). The agreement is for Stargroup’s entire global network, starting with Australia, where it has deployed over 500 ATMs and manages 2,400 more via its subsidiary […]

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September 5, 2017 0

Now Bitcore Nodes Can Switch to Any Bitcoin Implementation — Even Forks

The company Bitpay has been busy lately dealing with the recent blockchain split, the possible upcoming fork, and dealing with the drama over using Segwit2x software. Now the firm has released a preview of its Bitcore version 5.0 protocol which enables any user to run a bitcoin application using any implementation of the Bitcoin protocol. […]

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August 30, 2017 0

Segregated Witness Has Officially Activated on the Bitcoin Network

On August 23 at approximately 10:00 pm EDT on block 481822 Segregated Witness finally activated and is now live on the Bitcoin network. Also read: A Look at Two Alternative Bitcoin Hardware Wallets on the Market Segwit Is Now Live on the Bitcoin Network Segregated Witness (Segwit) was an idea that was introduced by the software […]

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August 24, 2017 0

Bitcoin Software Wars: The Battle Between Nodes, Hashpower and Developers

While many bitcoiners have been focused on the competition between Bitcoin (BTC) and Bitcoin Cash (BCH), another significant battle is taking place. Many grueling arguments between bitcoin Core developers and their supporters, Segwit2x (Btc1) developers and proponents of the New York Agreement continue to fuel tension throughout the entire cryptocurrency community. Also read: Gibraltar Gets First […]

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August 22, 2017 0

University Research Project Analyzes Bitcoin Blockchain to Combat Sex Trade

Researchers from several American universities are using artificial intelligence to examine the bitcoin blockchain to identify victims of sexual exploitation. The initiative plans to develop a freely available suite of tools that can assist authorities in tracking and identifying individuals working in the underground sex industry. Also Read: The Backpage Effect: Why the Sex Industry Thrives […]

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August 20, 2017 0

Bitcoin Cash Mining Difficulty Drops Significantly – Speeding Up The Chain

On Sunday, August 20, the Bitcoin Cash (BCH) network dropped its mining difficulty another notch down to 7 percent of BTC’s difficulty, on block 479808. Since then another mining pool has joined in on processing blocks on the BCH chain as the mining pool BTC.com has found its first block on the network. Also read: World’s […]

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August 20, 2017 0

Bitcoin Cash Thrives During Its First Two Weeks of Life

It’s been two weeks since the hard fork on August 1, which formed a new network called Bitcoin Cash (BCH). As the days continue, BCH has garnered more support over the last two weeks from cryptocurrency-based businesses, exchanges and wallet providers. Also Read: Panel Recommends Indian Government Take Immediate Steps to Stop Bitcoin Use Bitgo Wallet […]

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August 14, 2017 0