Tag: ASIC

Monero Protocol Upgrade Thwarts all Current ASIC Mining Attempts

Any finance-oriented industry will need to undergo constant development, changes, and face new competitors. In the cryptocurrency world, that situation is no different, although things are done a bit differently. Monero, one of the more popular altcoins, has undergone another major fork, which makes the project further ASIC-resistant and privacy-oriented.  The trade-off is how its network hashrate has dropped off significantly in the process. The Latest Monero Fork is Successful …
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Obelisk Team Provides a Major Update on Their SIA ASIC Miner

ASIC mining hardware has always been considered somewhat controversial in the world of cryptocurrency mining. These powerful devices give wealthier miners a competitive advantage over others, which can eventually lead to centralization. In the case of Sia, miners have been looking forward to the Obelisk ASIC miner for quite some time now. The big question is when this unit will finally come to market. The Current Status of the Obelisk ASIC …
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Bitmain Releases a New ASIC Miner for the Equihash Algorithm

Bitmain is clearly intent on introducing a lot more ASIC miners in quick succession. Their latest unit is the Antminer Z9 mini, which is primarily designed to mine cryptocurrencies relying on the Equihash algorithm. Although none of those currencies are even remotely popular, it seems there may still be some interest in this mining unit. The Purpose of the Antminer Z9 Mini One has to commend Bitmain from suddenly releasing so …
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Iceland Bitcoin Heist Suspect Flees the Country by Plane

Bitcoin mining has always been an industry which attracts both legitimate operations and people with less than honest intentions. In Iceland, a group of people recently stole 600 ASIC miners, and the police launched an investigation and made several arrests. One of the suspects has now fled the country to Sweden, although it remains unclear how he escaped prison exactly. The Iceland Bitcoin Mining Heist It is evident that people with …
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