Bitmain Technologies IPO intention disclosure
Disclosure detailing and confirming Bitmain Technologies Holding Company's intention to pursue an initial public offering on the Stock Exchange of Hong Kong
Should we think of Bitcoin as a store of energy?
Many criticize Bitcoin due to the power it consumes to mine, but rarely is it put in context of other industries and economic efficiency overall. Here we debunk some of the energy myths and look at whether we should look at Bitcoin as a store of energy as well as value.
GameCredits releases GShare crypto mining app
GameCredits has announced a desktop application that enables gamers to harness idle hardware and unused processing power to mine crypto in return for GAME tokens.
Blockstream vs miners – looking at the incentives around the SegWit2x fork
The past few months in the Bitcoin community have been filled with discussion of an upcoming hardfork - SegWit2x. There have been a lot of people voicing their opinion on the matter of whether that fork should be allowed to pass or not, but today I would like to look at who I believe to be two key players in this debate - Blockstream (opposing SegWit2x) and the miners, the core signatories of the New York Agreement. More specifically, I will be focusing on the incentives both of those parties have when it comes to dealing with SegWit2x.
Miners gaming the BCash emergency difficulty adjustment
Block 481124 has special meaning on both the Bitcoin and BCash chains this week. For Bitcoin, it will mark the point at which Segwit finally moves to active, bringing with it a capacity increase and the potential for massive off-chain scaling through solutions like Lightning Network. For BCash, it delivered the first increase in mining difficulty since it split from Bitcoin on August 1st. The week also saw the emergence of a new phenomenon on both networks , a back and forth movement of hash power as miners chased profit. To understand the effect of having two high profile SHA-256 based cryptocurrencies we need to look at how the two chains manage mining difficulty. This, along with the price of the coins and the fees brought in from transaction fees, determines how profitable their mining is.
The day I became an Ethereum miner
A born skeptic, truePTS CEO Zohar Hod says he was completely dubious of the Ethereum concept. He thought it was just another cryptocurrency in the high-tech wild west, full of gunslingers and no real potential for enterprise software applications. But after investing some time and doing some research, he says he’s hooked.
The mirage of miner centralization
Miner Centralization is hard to define. I present three unsatisfactory definitions, and discover a satisfying fourth (“the cost of the minimal viable mining operation”) along the way. Mostly it is just confusing.
Competitors SegWit and Extension Blocks make quick work of common threat ASICBoost
Bitcoin’s long-running block size debate has seen numerous challenges to the Bitcoin Core reference software, including Bitcoin Classic, Bitcoin XT, and Bitcoin Unlimited. Recently, a fourth contender has entered the ring, a browser-based Bitcoin node client from Purse, called bcoin.
Employee mined bitcoins on Federal Reserve servers for two years
The Federal Reserve Bank is the Central Bank of the United States and issuer of the US Dollar. However, wielding the power to print just one currency may not have been enough for one former employee.
Is Bitcoin at risk from miners leaving when the block reward is halved in July?
At the heart of Bitcoin is a process known as mining, adding transaction records to Bitcoin's public ledger. The ledger is made up of blocks of transactions linked in a chain, forming the widely touted technological breakthrough, the Blockchain.
AsicBoost claims 20% efficiency improvement in Bitcoin mining
The Bitcoin mining industry exists in a very close competition; every miner must stay on the cutting edge of the technology, in order to compete and stay profitable. Any potential efficiency gain creates an instant arms race, and is nearly impossible to overlook while remaining in the game. Cryptocurrency experts and Mathematical researchers, Dr. Timo Hanke and Sergio Demián Lerner, recently announced their new ASIC mining chip technology, called AsicBoost, that claims to improve mining performance and revenues by up to 20 percent.
Core Bitcoin developer claims ChainAnchor plans to bribe Bitcoin miners to regulate bitcoin
Peter Todd is one of the longest-serving core bitcoin developers remaining, a Canadian with 92 separate contributions to the bitcoin code base to date. He has worked on projects like Colored Coins, Counterparty, and Stealth Addresses, but is best known as someone who searches for vulnerabilities in the bitcoin system.
Genesis Mining celebrates two year anniversary with a discount for cloud mining
Having been involved in Bitcoin for several years, Marco Streng, Marco Krohn and Jakov Dolic have watched cloud mining companies come and go. They realized that there was a huge opportunity in the market, offering a legitimate and trusted cloud mining service. Two years ago, they launched Genesis Mining.
Genesis Mining brings the first bitcoin mining fund to accredited investors
Founded in 2013, Hong Kong-based [Genesis Mining](https://www.genesis-mining.com) has become a world leader in providing hosted hashpower for cryptocurrency mining. Clients can choose to mine bitcoin, or distribute hashpower on various altcoins such as Litecoin, Dogecoin, and Darkcoin. The company operates several mining farms in Europe, America and Asia.
Leading Mining Firms Move from Bitcoin Classic to Core
Proposals to change or alter the Bitcoin network’s block reward, block size, mining difficulty and other major elements require a consensus from Bitcoin miners located all around the world.
Approximate mining could increase bitcoin mining profits by 30 percent, research shows
A small team of faculty and students at the University of Illinois has figured out a way to make ASIC bitcoin mining chips up to 30% more efficient.
