Search
Ripple co-founder thinks Bitcoin should move away from proof-of-work
22.4.2021
Bitcoin needs to move away from the proof-of-work consensus mechanism to remain the world’s dominant cryptocurrency, Ripple’s Chris Larsen said
Bitmain's new Ether ASIC mining rig may not fix GPU shortage after all
16.4.2021
A new Ether ASIC mining rig is on the way, but will it help ease Nvidia's GPU problems?
BTC Hashpower Swells: Bitcoin Network Touches 185 Exahash, Hashrate Climbs 18,400% Since 2016
19.3.2021
During the last week, the Bitcoin network’s hashrate has jumped to a record high of 185 exahash per second on March 14, 2021. The hashpower has relentlessly continued to rise, climbing a whopping 18,400% in five years since January 21, 2016. Bitcoin Price Jumps Over 1,500% in a Year, Hashrate...
Buterin helping to strategize against Ethereum 51% attack possibility
12.3.2021
Ethereum co-founder Vitalik Buterin is working to proactively solve a blockchain vulnerability
The Regulations That Could Help Reduce Bitcoin’s Carbon Footprint
10.3.2021
The price of bitcoin has hit record prices this month, and that’s bad news for the climate. As the price of the currency shoots up, so does the energy consumption as people are incentivized to mine more bitcoin. And a new paper published Wednesday in the journal Joule estimates that by the end...
Chinese GPU miners reportedly bulk buying Nvidia laptops to mine Ether
8.2.2021
Chinese GPU miners are apparently buying up Nvidia’s new GeForce RTX 30 laptops to set up ETH mining farms
Surge in Bitcoin energy consumption sparks debate in crypto community
5.2.2021
Bitcoin energy consumption has been at its highest historical levels since late 2020, according to Digiconomist’s Bitcoin Energy Consumption Index
US Library of Congress report highlights proof-of-stake tax blindspot
4.2.2021
The taxman still isn't wise to cryptocurrency earnings made through proof-of-stake. But that could change soon
Privacy-Centric Cryptocurrency Firo Suffers 51% Attack on Its Network
23.1.2021
The proof-of-work (PoW) cryptocurrency Firo announced that its protocol came under a 51% attack, notifying its holders to stop transactions. Formerly known as Zcoin, the privacy coin was reportedly subject of a blockchain reorganization attack. Firo Team Clarified the Attack Cannot Be Attributed...
Bitcoin Energy Consumption Is Far More Efficient and Greener Than Today’s Banking System
20.1.2021
While bitcoin and a variety of digital currencies have swelled in value, a number of critics have spread fear, uncertainty, and doubt (FUD) in regard to the energy consumption proof-of-work (PoW) cryptocurrencies leverage to produce new units of currency. Just recently the software engineer Stephen...
Proof-of-Work and Yield Farming: Binance and Poolin Launch Tokens Backed by Bitcoin Hashrate
14.1.2021
There’s a new type of token gaining popularity in the crypto space with the launch of coins that are backed by a specific amount of proof-of-work (PoW) hashrate. On January 6, 2021, Binance launched a new project called the bitcoin standard hashrate token (BTCST), a coin that represents...
Mining Rig Makers Race to Create Next-Gen Ethereum Miner Before Staking-Only Kicks In
21.12.2020
The Ethereum network’s 2.0 transition has pushed the protocol to become one of the largest staking networks in the world with 1,683,905 ether locked into the contract worth $1 billion today. According to reports from China, while proof-of-work ethereum miners have two years left to mine...
21M Bitcoin and the Promise of Scarcity
17.12.2020
In Bitcoin, the promise of a limited supply is great. This was one of the biggest things that initially appealed to me when I heard about Bitcoin. “No more than twenty one million bitcoins will ever exist!” But can this promise be kept in the long run? Has the Promise Already Been...
How Many Users Have Already Locked Up $20K to Join Ethereum 2.0?
1.12.2020
Ethereum is moving from a proof-of-work blockchain, where computing power determines rewards, to a proof-of-stake platform (dubbed Ethereum 2.0), whereContinue Reading
The post How Many Users Have Already Locked Up $20K to Join Ethereum 2.0? appeared first on CoinMarketCap Blog
Ethereum 2.0 staking is coming to Coinbase
30.11.2020
The U.S. exchange plans to roll out support in early 2021
Hash War: Mystery Miner’s Empty Block Attack Makes ABC’s New Blockchain Almost Unusable
28.11.2020
According to various reports, the Bitcoin ABC pro-IFP chain has been under ‘attack’ for a number of consecutive days now. The mystery miner has been mining a great number of sequential blocks, but almost all of them have been empty. The miner who calls himself...
Indian exchange offers ETH staking ahead of Ethereum 2.0 launch
11.11.2020
CoinDCX users to stake on ETH 2.0 with as low as 0.1 ETH, the exchange says
Ripple's Garlinghouse disses Bitcoin's energy use in advance of Biden administration
9.11.2020
With Joe Biden being declared the next President of the United States, Ripple CEO Brad Garlinghouse is making sure his company’s messaging aligns with the new administration
Bitcoin.com Exchange to List Aspire and Aspire Gas as Newest Digital Asset Creation Platform Comes to Market
30.9.2020
Aspire (ASP) is the first digital asset creation platform to resist both mining exploits and 51 percent attacks common to proof-of-work blockchains. Its fees are a tiny fraction of creating assets on Ethereum or other platforms due to its innovative Aspire Gas (GASP) blockchain Both tokens will...
The 51% Attack Nightmare Scenario (Isn’t That Bad)
27.9.2020
An accessible, in-depth look at what's really at risk when Proof-of-Work or Proof-of-Stake blockchains suffer the dreaded 51% attack