Thursday, June 1, 2023

Cryptocurrency mining news

Cryptocurrency mining news column contains the latest and the most interesting news of the cryptocurrency mining sphere. Mining news is about new mining hardware that appears on the market and their characteristics. As cryptocurrency mining itself is divided into two large groups – using graphical processing unit (GPU) or application-specific integrated circuit (ASIC), mining news covers both GPU and ASIC mining hardware news. Cryptocurrency mining is the backbone of cryptocurrencies that use Proof-of-Work algorithm and it is the thing that keeps the blockchain running, that’s why cryptocurrency mining news always contains blockchain news and normally, but not always, bitcoin or altcoin news.

As most of the cryptocurrency is community-driven, cryptocurrency mining news sometimes contains articles about the impact of mining on the community. Recently, ASIC mining became the issue that causes lots of disputes argues about the influence of this type of cryptocurrency mining on the cryptocurrency network. ASIC is a specifically-built set of chips that is normally capable of mining the specific coin with the exact type of mining presets. Unlike GPU mining, ASICs cannot follow the network changes but are high-performance devices. So-called ASIC wars is the subcolumn of mining hardware news that contains articles about how developers of some coin try to withstand the threat that ASICs bring into the cryptocurrency world – centralization and the 51% attack possibility. This type of cryptocurrency mining news is full of arguable decisions.

The latest cryptocurrency mining news are of the highest importance for the crypto world as this young industry is developing really fast and the future of cryptocurrency depends on it.

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The latest cryptocurrency mining news and mining hardware news

Norwegian miners will lose electricity price privileges

Norwegian miners will lose electricity price privileges

The authorities of Norway approved the budget for 2019, in which there are no subsidizing energy tariffs for miners.As Forbes publication clarifies, citing the...
The sharp decline in Bitcoin hash rate

The sharp decline in Bitcoin hash rate

According to eToro's senior market analyst Mati Greenspan, the current bitcoin hashrate is the lowest since August of this year.Some may think that this...
Despite the “harsh external environment”, GMO's crypto business remains profitable

Despite the “harsh external environment”, GMO’s crypto business remains profitable

The Japanese company GMO Internet published its financial indicators for the third quarter, in which it showed the profitability of its cryptocurrency businesses, despite...
Crypto mining has become more expensive than gold miningCrypto mining has become more expensive than gold mining

Crypto mining has become more expensive than gold mining

American scientists compared the cost of electricity for mining and metal mining.It turned out that it is more expensive to mine cryptocurrency. This was...
Bitmain announced the date of sale of 7-nm ASIC Antminer S15 and T15

Bitmain announced the date of sale of 7-nm ASIC Antminer S15 and T15

Bitmain, the Chinese giant of bitcoin mining, announced two new ASIC miners of the Antminer series, equipped with 7-nm chips. On her Twitter, Bitmain...
Updated firmware Antminer s9 from Bitmain activates AsicBoost

Updated firmware Antminer s9 from Bitmain activates AsicBoost

The Chinese mining giant Bitmain has introduced a new firmware for Antminer s9, which activates the AsicBoost cryptocurrency mining optimization algorithm. In addition, a...
Watts Miners - fraud confirmed!

Watts Miners – fraud confirmed!

After publishing an article "Watts Miners ASICs – a scam?" we received many confirmations that, in fact, people don't receive their ASIC miners after...
Watch the 51% attack live! You are invited!

Watch the 51% attack live! You are invited!

On Oct 13, 3:00 CDT, 4:00 EDT 1:00 PST I'm going to do a 51% attack against the cryptocurrency Einsteinium Such a statement was posted...
The Monero Malware Response

The Monero Malware Response

Monero developers announced the creation of a working group aimed at combating hidden mining and malware - Malware Response Workgroup.As part of the initiative,...
Sia: ASIC wars, bricking the Bitmain and Innosilicon ASICs

Sia: ASIC wars, bricking the Bitmain and Innosilicon ASICs

Here goes another chapter of ASIC wars. This time, Sia is under attack and is striking back with the v1.3.6 hardfork. This hardfork will reset Sia's Proof-of-Work...
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