Vertcoin

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Bitcoin Gold 51% Attacked – Network Loses $70,000 in Double Spends

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The Bitcoin Gold (BTG) network suffered another set of 51% attacks on January 23-24, as roughly 29 blocks were removed in two deep blockchain reorganizations (reorgs). Reports indicate that more than 7,000 BTG was double spent as the chain suffered a loss of $70,000 in two days. Also read: Bitcoin Gold Hacked for $18 Million … Read more

Orca Pool Mining Operation Aims to Defend Altcoins and Forks From Attacks

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Last November the Bitcoin Cash (BCH) community witnessed a hash war that resulted in a bifurcation of the main chain. The spat saw one of the first examples of the alpha miner strategy and an attempt to truly test Nakamoto consensus. About a week before the fork, a new mining operation was announced called Shark … Read more

Report Claims 85% of the Monero Network Dominated by ASIC Miners

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Over the last few years, certain cryptocurrency networks have tried to block ASIC mining with many fruitless attempts to forge ASIC-resistant protocols. Multiple cryptocurrency developers have attempted to brick ASIC miners, but with scant success. A perfect example is the privacy-centric digital currency Monero, a project that has tried to fork the software multiple times … Read more

What Is Vertpig?

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Cryptocurrency enthusiasts favor convenient solutions when it comes to buying and selling their preferred coins. In the case of Vertpig, its business model is very different from what one would expect. Despite sharing similarities with ShapeShift, it focuses on Vertcoin first and foremost. The Vertpig Concept While Vertpig may not necessarily be the most appealing … Read more

Here’s What Happens When Click on a Spammy Cryptocurrency Ad

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As a sensible web user who enables Adblock, you probably don’t encounter many adverts while browsing. And on the rare occasions when you do, you’re smart enough to resist the clickbait’s overtures. But what would happen if you did click to discover “the next bitcoin”? Where would the experience lead you, and could you profit … Read more

One Entity Currently Controls Most of the Vertcoin Mining Hashpower

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A lot of interesting things are happening in the world of cryptocurrency, but some trends are less than positive. The Vertcoin mining situation, for example, doesn’t look all that promising as of right now. With one pool controlling a large amount of the network’s hashrate, there is genuine reason for concern. Vertcoin Faces a Potential … Read more

This Week in Bitcoin: Bacon War, Mining Trucks and Coinbase Salutes Regulator

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From a turf war over “the world’s first” bacon-backed coin to mining trucks chasing cheap electricity across Europe, the cryptocurrency world never has a dull day. These stories and many more were covered in this week’s daily editions of Bitcoin in Brief. Also Read: Young New Zealand Man Spared Jail for Dealing Drugs With Bitcoin … Read more