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Mining News

Mining Conceal (CCX) with CryptoNightConceal on Nvidia GPUs

Mining Conceal (CCX) with CryptoNightConceal on Nvidia GPUs

[ad_1] 3 Sep 2019 The Conceal (CCX) project is another attempt at a privacy oriented crypto coin that offers some interesting features one of which is the so called Decentralized Banking with coins getting locked to earn interest. Conceal is based on the Cryptonote protocol and uses the so called CryptoNightConceal algorithm, a variation that […]

Blockstream Has 3x The Hashpower of Entire Bitcoin Cash Network

Blockstream Has 3x The Hashpower of Entire Bitcoin Cash Network

[ad_1] Forbes writer Kyle Torpey reported that Blockstream, a crucial company in Bitcoin Core development, has been hosting Bitcoin miners at two facilities for quite some time. Big Boy Mining Top clients include Fidelity’s Center for Applied Technology (FCAT). Fidelity is a financial firm which increasingly throws itself into the blockchain industry. Blockstream employs BetterHash, […]

Bitcoin's 'Plunging Supply' Is a Feature – Not a Bug

Bitcoin’s ‘Plunging Supply’ Is a Feature – Not a Bug

[ad_1] Bitcoin presents a common-sense notion that’s surprisingly radical to many fully-grown adults: Once it’s gone, you can’t have any more of it. As commodities go, it acts more like a rare metal than a technology – hence its comparison to gold. It Doesn’t Matter If We’ve Mined 99% of the Bitcoin Supply Many supposedly […]

Chinese Bitcoin Mining Giant Files For $200 Million US IPO: Report

Chinese Bitcoin Mining Giant Files For $200 Million US IPO: Report

[ad_1] The Chinese maker of Bitcoin mining hardware Canaan Creative is allegedly seeking to go public in the U.S. Per a report which appeared on a Chinese social media platform, Canaan has already filed the application documents with the Securities and Exchange Commission. The cryptocurrency mining rigs maker is seeking to raise approximately $200 million […]

“What’s the Future of Crypto Mining?” by Marco Streng

“What’s the Future of Crypto Mining?” by Marco Streng

[ad_1] Though crypto mining is associated with decentralized principles and non-renewable energy consumption, it’s going to become more centralized and environmentally friendly over time. Research from CoinShares shows that about 70% of mining is already happening with renewables.  We have a clear vision of crypto mining’s past: it was a lucrative hobby for nerdy college […]