Nicehash Software ‘Fully Unlocks’ Nvidia’s Hashrate Reducing Technology

On Saturday, the cryptocurrency mining platform Nicehash revealed the company has “fully [unlocked] Nvidia’s [Lite Hash Rate]” graphic processing units (GPUs). Nicehash says the firm’s Quickminer mining software is the first protocol that can unlock LHR GPU cards by 100%. Nicehash Says Software Is the First to Fully Crack Nvidia’s Lite Hash Rate Technology According … Read more

Ethereum’s Hashrate Taps an All-Time High as Miners Race to Mint ETH Before The Merge

While the Ethereum community is getting prepared for The Merge and the protocol’s transition to a full proof-of-stake (PoS) system, the network’s hashrate reached an all-time high (ATH) on April 7, 2022. On Thursday, Ethereum’s hashrate reached a high of 1.131 petahash per second (PH/s), jumping 13% in 89 days. Ethereum’s Hashrate Climbs 13% Higher … Read more

Bitcoin, Ethereum, Monero Hashrates Tap Lifetime Highs — Dash, ETC, LTC Hashpower Lower Than Prior ATHs

During the first month of 2022, both Bitcoin and Ethereum’s hashrates have climbed to all-time highs (ATHs). While Bitcoin’s hashpower surged to over 200 exahash per second (EH/s), Ethereum’s hashpower jumped to over 1 petahash per second (PH/s). A few mineable digital asset networks, however, saw their hashrates decline since their ATHs and the processing … Read more

Ethereum Hashrate Taps Record-Setting 1 Petahash as ETH’s Mining Profitability Remains High

20 days ago, Ethereum’s network participants upgraded the protocol and implemented the Arrow Glacier upgrade. The move delayed Ethereum’s “Ice Age” proof-of-stake (PoS) transition for another six months and this week, the network’s hashrate tapped all-time highs. For the first time, statistics within the six-month range indicate Ethereum’s hashrate surpassed 1 petahash per second (PH/s). … Read more

Ethereum Captures New All-Time Price High — ETH Market Cap Surpasses $510 Billion

Nine days ago, bitcoin reached a new all-time high (ATH) and now the second leading crypto asset ethereum has tapped an ATH on Friday morning. Ethereum reached a high of $4,416 per unit and has since retreated around 2% down from that price position. Ethereum Reaches New All-Time Price High The second-largest crypto market capitalization … Read more

Privacy Coin Verge Suffers Third 51% Attack, Analysis Shows 200 Days of XVG Transactions Erased

According to various reports, the cryptocurrency network Verge has suffered a 51% attack that led to a massive 560,000+ block reorganization. Analysts believe the Verge network attack could be the deepest blockchain reorganization (reorg) in history with roughly 200 days worth of verge transactions wiped. Reports Show Verge Network Experienced a Massive 560,000+ Blocks Reorg … Read more

Nicehash Crypto Mining Pool ‘Fully’ Reimburses All Users Affected by 2017 Hack

A Slovenian cryptocurrency mining pool and trading platform announced that they’ve managed to fully compensate their users affected by a hacking attack that took place in December 2017, which took over 4,600 bitcoins. Nicehash ‘Fully’ Reimburses Users Affected in 2017 Hack According to the letter published by Martin Škorjanc, CEO of Nicehash, the company “fully” … Read more

Grin Network Victim of 51% Attack, Unknown Miner Commands 58% of the Hashrate

The privacy-centric cryptocurrency network Grin (GRIN) has been the victim of a 51% attack according to a number of reports. Allegedly an unknown entity gained control of over 57% of the network hashrate on Saturday. According to the Grin website, the team is recommending people wait for “extra confirmations on transactions for payment finality.” On … Read more

Over 40 Bitcoin Forks Are Down More Than 98% Since 2017’s Forking Fiesta

Since the summer of 2017, more than 44 forks of the Bitcoin network were created and so far many of them have lost considerable value and are near worthless. To-date only a few of the forks that stem from Satoshi’s creation have remained relevant during the last three years. There are three branches of Satoshi … Read more