Bitmex Research: We Doubt Ethereum’s Ability to Reduce Reliance on PoW

The proposed and upcoming changes to the operation of the ethereum cryptocurrency have been a matter of debate recently, with questions like employing ASIC resistance mining, capping and others splitting the community. Now an outside party is also taking issue with the concept of ethereum shifting away from PoW. Also Read: Australia’s Digitalx Launches Cryptocurrency … Read more

Privacy-Centric Coin XMR Splits Into Four Different Monero Protocols

On April 6 the privacy-centric cryptocurrency monero (XMR) forked the protocol in order to make the digital asset’s mining ecosystem egalitarian. However, the hard fork has led to the birth of four monero-based blockchain branches all claiming to be the “original monero.” Also read: Bitcoin’s Value to Lose $44 Billion by Year’s End, Researchers Argue The … Read more

Cryptocurrency Mining Industry Sees Influx of New Hardware

On April 3, 2018, the Chinese based firm Bitmain Technologies had launched it’s latest miner the Antminer E3. The new pre-manufactured mining rig processes the hashing algorithm Ethhash, the PoW consensus protocol for the Ethereum network. Lately, Bitmain has been releasing a bunch of new products including the Antminer X3 which mines Cryptonight algorithms for … Read more

The Curious Case of ‘Cobra Bitcoin’: The Peculiar Anon with a Lot of Power

The controversial owner of the web portal Bitcoin.org and Bitcointalk, an anon named ‘Cobra Bitcoin’, has been a popular subject within the cryptocurrency community lately. It’s strange that a person who nobody really knows has so much control within the BTC community, and lately his messages have been very cryptic, even making some believe his … Read more

PR: CanonChain – A Universal Decentralized Community Empowering Users

“The current crypto community is somehow unfair to simple users,” said CanonChain initiator Jin Hailong. “The industry is dominated by big miners and developers. Simple users don’t have any say to propose a change.” The post PR: CanonChain – A Universal Decentralized Community Empowering Users appeared first on Bitcoin News. Go to Source Powered by … Read more

80 Percent of the Total Bitcoin Supply Have Now Been Mined

This weekend marks a milestone for bitcoin as 80 percent of the currency has now been mined into circulation, this means there’s only 20 percent left to mine. Satoshi Nakamoto’s protocol was one of the first to introduce digital scarcity and soon enough the digital asset will become even harder to obtain. Also read: How to … Read more