Wednesday, June 7, 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

New miner by Bitmain

New miner by Bitmain

Jihan Wu, co-founder and chief executive of Bitmain, announced the release of a new generation of ASIC chips - BM1391 for mining.According to the...
Iceland will move from crypto mining to "pure blockchain business"

Iceland will move from crypto mining to “pure blockchain business”

It is assumed that Iceland's crypto mining industry will move away from mining to "pure blockchain business". This will happen according to the forecasts...
AntPool will be the official sponsor of NBA Houston Rockets

AntPool will be the official sponsor of NBA Houston Rockets

The largest pool for mining cryptocurrency AntPool will be the official sponsor of the NBA Houston Rockets basketball club.For both sides this will be...
Ethereum update Constantinople will reduce the reward of the miners by 33%

Ethereum update Constantinople will reduce the reward of the miners by 33%

Ethereum is testing a network update that includes code optimization, improved scaling, pricing, data processing, and a reduction in the award of miners to...
Iranian authorities: mining is recognized as an industry

Iranian authorities: mining is recognized as an industry

Secretary of the Supreme Council of Cyberspace of Iran reported that various ministries of the country's government recognized the mining of cryptocurrencies as an...
The largest bitcoin-pool BTC.com will mine Ethereum and Ethereum Classic

The largest bitcoin-pool BTC.com will mine Ethereum and Ethereum Classic

The largest mining pool of BTC.com will soon add support for Ethereum and Ethereum Classic.In the near future, the BTC.com Mining Pool, owned by...
Next Web: mining applications remain in the Play Market

Next Web: mining applications remain in the Play Market

The report, published by the Next Web on August 28, states that some applications for cryptocurrency mining are still on the Google Play Market...
Tencent denies participation in Bitmain pre-IPO

Tencent denies participation in Bitmain pre-IPO

Chinese technical conglomerate Tencent denies its involvement in investing in the preliminary stage of the IPO of Bitmain Technologies, the world's largest manufacturer of...
Mining in Kazakhstan will be encouraged

Mining in Kazakhstan will be encouraged

Mining was called "new oil" in Kazakhstan and they want to strongly encourage the mining of cryptocurrency. This was told by the vice-president of...
Darknet: the amount of hidden mining software offers increased in five times

Darknet: the amount of hidden mining software offers increased in five times

According to reliable information available to Group-IB Threat Intelligence, since the very beginning of the year, the number of hidden mining software offers in Darknet...
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