Two weeks after announcing it had purchased a record 17,595 Antminer S19 ASICs, Core Scientific has announced an expanded partnership with a multi-billion hedge fund. United States-based crypto mining host Core Scientific has announced that the $5.3 billion asset manager and hedge fund Horizon Kinetics has upgraded its investment to access Bitmain’s news Antminer S19 […]
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Nvidia has filed for the dismissal of a complaint alleging it fraudulently attributed over $1 billion in sales to gaming markets amid the 2017 crypto bubble. Major manufacturer of graphics processing units (GPUs) and computing hardware Nvidia has filed a motion to dismiss a proposed class-action lawsuit alleging that the firm misrepresented more $1 billion […]
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According to the latest research from Sergio Demian Lerner, Satoshi likely restrained himself from mining Bitcoin in the first five minutes of the block interval. Sergio Demian Lerner, a researcher known for his work on the mining patterns of the original Bitcoin (BTC) miner whom he identified as Patoshi, published a new blog post in […]
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AMD and ConsenSys’ W3bcloud joint venture obtained $20 million through the sale of convertible notes. The joint blockchain cloud computing venture of computing giant AMD and Ethereum-focused development firm ConsenSys has received $20.5 million in funding. According to a June 25 announcement, AMD and ConsenSys’ W3bcloud joint venture obtained the funds through the sale of […]
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A Bitcoin developer managed to crack a BTC wallet as part of a contest launched through Twitter. Bitcoin and Lightning Network project developer, John Cantrell, explained how he was able to successfully hack a BTC address by checking around a trillion seed combinations over the course of 30 hours. The feat was accomplished as part […]
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Once Ethereum becomes a proof-of-stake blockchain, what will happen to the ETH miners, and what will they do? As Ethereum is finally set to launch its Ethereum 2.0 upgrade later this year, putting an end to a long streak of delays, the network will start moving toward a proof-of-stake model. Consequently, the network will abandon […]
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According to an early Bitcoin dev, Satoshi prepared several versions of GPU mining code to defend Bitcoin against a 51% attack. Satoshi Nakamoto had pre-invented Bitcoin (BTC) GPU mining in order to defend the network, says early Bitcoin developer who worked with the Bitcoin creator in 2010. Laszlo Hanyecz, who is known for making the […]
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Early Bitcoin developer Laszlo Hanyecz sheds light on a burning question: which operating system did Satoshi Nakamoto use to create Bitcoin? Most know Laszlo Hanyecz as the “Bitcoin pizza guy,” but this description ignores his role as an early Bitcoin developer. Hanyecz was the one to add MacOS support for the early Bitcoin (BTC) client, […]
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Bitfury is opening the company up to institutional investment, which it says will help family offices and others to diversify their holdings with Bitcoin mining. Bitfury, a mining company established in 2011, announced a partnership program on May 26 that lets institutions invest in Bitcoin (BTC) mining. The program will help family offices and other […]
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An amended complaint accuses Nvidia of misrepresenting over $1B in sales to downplay the firm’s reliance on sales to crypto miners. An amended class action complaint filed against Nvidia Corp has accused the firm of violating the Securities Exchange Act by downplaying the extent to which its gaming revenues relied on GPU sales to cryptocurrency […]
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