Major global chipmaker Nvidia launched an initiative to reallocate unused GPU power to COVID-19 research. The fight against the Coronavirus pandemic has reached the spheres of GPU mining, as the U.S. chip manufacturer NVIDIA launched a proposal for all users to use their computer resources to help the cause. Through Reddit, the technology firm said […]
Continue Reading
A hobbyist miner from 2010 recently discovered a wallet containing 1,000 Bitcoins, apparently managing to sell the coins before the March 13 crypto market massacre. A former Bitcoin miner hobbyist has stumbled on an old wallet containing 1,000 Bitcoins, in addition to many Bitcoin forks. On March 10, a thread was posted to Bitcointalk by […]
Continue Reading
Following a 20% expansion in ETH mining operations at Hive Blockchain’s Swedish facility, Cointelegraph spoke to Hive regarding contention in the ETH community and the company’s plans. Cryptocurrency mining company Hive Blockchain Technologies announced a two-phase plan to expand its Ether (ETH) mining operations at the company’s flagship GPU-based facility in Sweden by more than […]
Continue Reading
Today’s Ethereum developer call lasted three hours, during which a tentative decision to reintroduce ProgPow as Ethash 2.0 was made despite lacking unanimous consensus. The Ethereum (ETH) All Core Devs call to decide on the fate of ProgPow was held on March 6. Despite a tentative decision to reformulate the mining algorithm as “Ethash 2.0,” […]
Continue Reading
The Ethereum community is still engaged in bitter debates on ProgPoW and ASIC resistance, which some believe exposed the ‘suboptimal’ nature of its governance. The Ethereum (ETH) community has recently been engaged in a bitter debate sparked by a proposed mining algorithm change. Dubbed ProgPoW, the proposal would invalidate all currently existing ASICs to only […]
Continue Reading
Opposition continues to grow against implementation of the controversial Programmatic Proof-of-Work (ProgPoW) proposal in the Ethereum community. Opposition continues to grow against implementation of the controversial Programmatic Proof-of-Work (ProgPoW) proposal in the Ethereum community. ProgPoW is an ASIC-resistant PoW algorithm meant to replace ETHhash, the current hashing algorithm for the platform. First mooted two years […]
Continue Reading
Once the “world’s most powerful” hardware for mining Ether, Antminer E3 will allegedly stop mining the coin in about 45 days, 2Miners says. While the Ethereum network is preparing to start shifting to proof-of-stake (PoS) consensus, some mining devices might soon stop supporting ETH mining at all. Bitmain’s Antminer E3, once the “world’s most powerful” […]
Continue Reading
Despite hard forking five months ago to resist ASICs, the Ravencoin community has found consensus surrounding its next algorithm. The Ravencoin community continues to argue over what mining algorithm the project should adopt in the future to best deter ASICs, despite Ravencoin conducting a hard fork intended to bolster ASIC-resistance just five months ago. Tron […]
Continue Reading
The hashpower rental marketplace NiceHash, which was hacked in Dec. 2017, says it may not be able to fulfill its pledge to fully reimburse affected users. The hashpower rental marketplace NiceHash, which was hacked in Dec. 2017, says it may not be able to fulfill its pledge to fully reimburse affected users. In a blog […]
Continue Reading
Short-video sharing app TikTok recorded the first viral Bitcoin video after the firm’s owner reportedly launched a blockchain venture. Short-video sharing app TikTok has recorded its first viral Bitcoin (BTC)-related video as the firm’s owner reportedly launched a blockchain venture. Posted by TikTok personality The Wolf of Bitcoins, the video depicts a room in a […]
Continue Reading