X3 – DIGIT INFO

Siacoin Developer: ASICS Are “Money Printing Machines” for Manufacturers

May 13, 2018 by DIGIT

ASIC miners are hugely profitable machines – provided you’re the manufacturer. That’s the view of Siacoin lead developer David Vorick, who’s published his thoughts on the monopoly enjoyed by manufacturers such as Bitmain and Halong Mining. In “The State of Cryptocurrency Mining”, Vorick also accuses manufacturers of using the machines themselves, before passing them on … Read more

Did Bitmain Cause a Spike in Monero’s Hashrate Last Year?

March 20, 2018 by DIGIT

Not too long ago, Bitmain unveiled its new Antminer X3 ASIC miner. This particular device will let users mine CryptoNight-capable currencies at a higher than normal pace. One currency notably absent from the list of coins to be mined is Monero, as its developers introduced an emergency hard fork to address this problem well in advance. All … Read more