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.
Ponzi schemes lure investors with the promise of quick riches
The art of the Ponzi scheme dates back almost a century ago. Today, the same methods are employed by scam artists in all industries and some with great success.
Washington State digital currency Alert could drive business to Texas
Washington State has been a popular hub for bitcoin mining companies due to its cheap renewable energy, but the Washington State of Financial Institutions and the Tennessee State Government recently issued a warning to buyers of digital currencies.
A Gentle Introduction To Bitcoin Mining
Mining is the process of writing pages (blocks) of bitcoin transactions into the bitcoin ledger, called ‘The Bitcoin Blockchain’, and getting rewarded with newly created bitcoins.
Bitcoin Company’s IPO Precedes Attaining 13.4% Mining Market Share by March 2016
Melbourne based mining company, the Bitcoin Group, is on the verge of becoming the first Mining company to issue an IPO on any major exchange. Plans for the first 6 months include rapidly expanding, to take over 13.4% of the global mining hashrate distribution.
Bitcoin Miner Manufacturer Found Guilty of Fraud
ASIC mining chip manufacturer, HashFast Technologies, has been found guilty of fraud for unfair business practices, and the way it handled returns from their 2013 failed deliveries of the 'Baby Jet' mining rigs.
Bitcoin and Sustainable Mining
Utilizing the earth’s resources responsibly is an ongoing concern. Burning fossil fuels is detrimental to our environment, but keeping costs down is advantageous to a company’s bottom line. Renewable sources of energy are on the rise, and increasingly competitive on price.
Mint Sells Bitcoins Direct From Miners
Amsterdam based BlockTrail recently announced Mint. The service sells freshly mined coins directly from the miner, for a premium.
21 Inc, ‘Decommoditizing Mining’
Bitcoin's best-funded yet mysterious company 21 Inc. recently announced their BitShare program, putting ASIC mining chips in common electronics like USB hubs and routers.
Number of Bitcoin Miners Far Higher Than Popular Estimates
A more seasoned way of gathering statistics about bitcoin miners shows a far higher number of bitcoin miners today than most people have been told. BraveNewCoin interviews mining pool data pioneer Andrew Geyl, aka organofcorti, about the true size of the bitcoin mining network.
Bitcoins Value: Mining
The decision to mine for bitcoin comes down to profitability. A rational individual would not undertake mining if they incurred a loss in doing so.
