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ASIC-resistant Monero releases code for update that will change its PoW to block any ASIC miners’ ability to mine the altcoin #NEWS Go to Source Powered by WPeMatico
BlokForge, one the nation’s largest suppliers of cryptocurrency mining hardware, is announcing the grand opening of its 2,000 sq. ft. retail location in Mesa, Arizona. The new store will carry over 20 product SKU’s from the largest brands in the world such as Canaan Creative. The U.S.-based retail location represents a physical presence and is … Read more
Bitmain has found itself in a war with words with the monero community over the release of its latest cryptocurrency miner, the Cryptonight-capable X3. The unit is being offered at a discounted rate to existing customers, but critics claim this is because the miners will soon be ineffective at mining monero, the main coin to … Read more
According to a study conducted by Wall Street analyst, Tom Lee’s agency, Fundstrat, BTC prices below the $8K range make it awfully difficult for miners to gain revenue. Lee details that at a global average rate of six cents per kilowatt-hour, some BTC miners are either breaking even right now or mining the cryptocurrency at … Read more
Cryptojacking – normally a foe, but sometimes your friend. CT delves into the questionable ethics behind the takeover of your computer’s processing power to mine crypto. #IN_DEPTH Go to Source Powered by WPeMatico
Leading manufacturer of crypto mining equipment Bitmain has opened a service center in Russia. Miners in the country will be able to repair their ASIC rigs locally, saving both time and money. Previously, they had to send faulty equipment back to China, dealing with customs formalities and paying costly shipping. Also read: Ant Creek: … Read more
Academic report debates the ethics of Coinhive’s Monero mining script #NEWS Go to Source Powered by WPeMatico
A hitherto unknown coin, Ravencoin, has piqued the interest of Bitcoin-backing, early adopting Overstock.com. Are they onto another winner? #ANALYSIS Go to Source Powered by WPeMatico
The Venezuelan government has opened a school in the capital city to teach its citizens how to buy, sell, and mine cryptocurrencies, including courses on the nation’s oil-backed currency, the petro. Meanwhile, President Nicolas Maduro has approved resources for universities across the country to establish mining farms. Also read: Indians Look to Buy Bitcoin Overseas as … Read more
Chinese mining tech company Bitmain reportedly saw higher profits than long-time American GPU giant Nvidia in 2017 #NEWS Go to Source Powered by WPeMatico
