China's 2017 moves against Bitcoin use may go further than some in the community anticipated. A leaked document describes plans to block access to blockchain syncing for exchanges and even miners and mining pools. Some rumors also claim exchange executives are being told to remain in the country. Also read: Indian Government Considers Creating ‘Lakshmi’ Blockchain … [Read more...] about Will the Chinese Banhammer Hit Bitcoin Miners Next?
Bitcoin & Crypto Mining
Bitcoin & Crypto Mining
After recent statements by the People's Bank regarding the future of bitcoin exchanges in China, mainland Chinese exchanges BTCChina and ViaBTC announced they would suspend their trading platforms at the end of September. Also read: LakeBanker Delays Decentralized Banking Token Sale Predictions are now that other exchanges could follow, shutting down what was once the … [Read more...] about Chinese Exchanges Shut Down: BTCChina, ViaBTC to Suspend Trading
DASH mining over the last year has undergone a huge network speed increase. Bitmain's Antminer D3 ups that increase with a 15 GH/s X11 miner. While DASH and other coins are made to be ASIC resistant, when it becomes profitable enough to support the R&D and tapeout process, ASICs can be made for almost any algorithm. For the X11 algorithm that coins like DASH use, active … [Read more...] about Want to Mine DASH? Here’s Our First Look at the Antminer D3
Japan's GMO Internet Group is going into Bitcoin mining, starting 2018. The online services conglomerate announced today it would look to develop and produce 7nm chip technology, and set up a "next generation mining center" in northern Europe. Also read: Cryptocurrency: Subverting Banks and Governments… Or You? GMO believes Bitcoin can usher in a "new borderless economic … [Read more...] about Japan’s GMO to Develop Bitcoin Mining Hardware and Services
For a brief moment this week, it looked like Bitcoin Cash could gain more hash power than Bitcoin. However the hard-forked chain failed to reach totality, clearing the path to Bitcoin SegWit activation. Bitcoin Cash Moons, Briefly In the days leading up to the activation of Segregated Witness (SegWit), a hotly-debated extension of the Bitcoin protocol intended to improve the … [Read more...] about Bitcoin Cash Hash Power Nearly Eclipses Bitcoin