ASIC

Monero News: Size Of Mining Bots On RandomX Will Get Smaller (oracletimes.com) 12/09/2019 - 8:02am
As you already know, Monero upgraded its network recently. One of the most important upgrades that this change included is the shift of the mining algorithm from CryptiNightR to RandomX. This new algorithm puts ASIC miners at a disadvantage and it also limits GPU mining to an extent. Decreasing botnets and malware mining Mining will become more...
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Monero’s Hashrate Jumps 186% After Network Upgrade (cryptoglobe.com) 12/09/2019 - 5:20am
Monero's hash rate continues to rise following the ASIC-resistant RandomX update but the price of XMR has yet to appreciate.
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Does an Ethereum ASIC unlock greater value for miners? (ca.finance.yahoo.com) 12/09/2019 - 2:04am
Although their primary purpose is to manage and boost the performance of video and game graphics, GPUs are also very good at solving complex maths problems to verify cryptocurrency transactions. Most ...
ASIC, bing.com, ca.finance.yahoo.com, Cryptocurrency, Ethereum, Miners, Mining
ASIC Bitcoin Mining Hardware Market 2019 Growth, Trends, Revenue, Company Profiles Analysis and Industry Forecast (galusaustralis.com) 12/08/2019 - 9:29pm
The latest research ASIC Bitcoin Mining Hardware Market both qualitative and quantitative data analysis to present an overview of the future adjacency around ASIC Bitcoin Mining Hardware Market for ...
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Monero Loses “Quarters Of Miners” Following Shift To RandomX (oracletimes.com) 12/08/2019 - 8:12am
As you know by now, Monero just underwent a hard fork not too long ago, and everything turned out successfully. Monero has upgraded the network to RandomX. The Monero developers have replaced the CryptoNight algorithm, which was used since the Genesis block by Monero with RandomX. In the crypto market, despite the high volatility, Monero managed...
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Monero loses ‘quarter of miners’ as network sees successful shift to RandomX (bitcoin.worldnewsoffice.com) 12/08/2019 - 6:44am
The largest privacy-oriented cryptocurrency, Monero, recently upgraded its network in order to make the network ASIC-resistant. Prior to this upgrade, the network used to see a constant algorithm upda The post Monero loses ‘quarter of miners’ as network sees successful shift to RandomX appeared first on AMBCrypto.
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Monero loses ‘quarter of miners’ as network sees successful shift to RandomX (bitcoinwarrior.net) 12/07/2019 - 11:29pm
The largest privacy-oriented cryptocurrency, Monero, recently upgraded its network in order to make the network ASIC-resistant. Prior to this upgrade, the network used to see a constant algorithm upda ...
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Monero (XMR) Is Trading Below $55 Following The Hard Fork (oracletimes.com) 12/07/2019 - 10:38am
Monero kept making headlines lately due to the upgrade that the network went through. You probably know by now that the hard fork has been successfully completed, and the move upgraded the network to RandomX. This means that the Monero developers have replaced the CryptoNight algorithm, which was used since the Genesis block by Monero with RandomX...
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Does an Ethereum ASIC unlock greater value for miners? (finance.yahoo.com) 12/07/2019 - 9:12am
The launch of ASIC rigs for Ethereum’s blockchain hasn’t gone down well among the Ethereum community, with many arguing the network will be harmed and the price of ETH will suffer. For miners, however ...
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Ravencoin (RVN) Getting FPGA Mining Support for the X16Rv2 Algorithm (cryptomining-blog.com) 12/07/2019 - 7:33am
Back in October Ravencoin (RVN) forked to X16Rv2 as a means to drive away the ASIC miners for the X16R algorithm it previously used. The new algorithm X16Rv2 has helped lower the hashrate and make RVN mining prfotable for mining with GPUs for a bit, but now it seems we are getting back on the road to ASIC miners in the near future for the new algo...
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Ebang, Heavyweight Crypto Miner Manufacturer, Seeks IPO at Nasdaq (bitcoin.worldnewsoffice.com) 12/06/2019 - 8:34am
The crypto mining rig and application-specific integrated circuit (ASIC) manufacturer, Ebang, is reportedly filing for an initial public offering (IPO), specifically in the US. The [...] The post Ebang, Heavyweight Crypto Miner Manufacturer, Seeks IPO at Nasdaq appeared first on InsideBitcoins.com.
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Is Monero Secure Enough Following The Update? (oracletimes.com) 12/06/2019 - 8:33am
As you probably know by now, the Monero upgrade has been successfully implemented. Monero has successfully upgraded the network to RandomX. The Monero developers have replaced the CryptoNight algorithm, which was used since the Genesis block by Monero with RandomX. It's been also revealed that developers believe that this important step has the...
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Monero Price Analysis for December, 6th – XMR Became Less Volatile (themerkle.com) 12/06/2019 - 7:07am
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex After visible fluctuations in the middle of this week, Monero exchange rate reached stability by Friday close to 54.13 USD. From the technical point of view, on H4 Monero is moving inside the descending channel, thus continuing the formation of descending tendency. At the same time, one should note...
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Ebang, Heavyweight Crypto Miner Manufacturer, Seeks IPO at Nasdaq (insidebitcoins.com) 12/06/2019 - 6:38am
The crypto mining rig and application-specific integrated circuit (ASIC) manufacturer, Ebang, is reportedly filing for an initial public offering (IPO), specifically in the US. The news follows after Canaan having done something similar with Nasdaq as well as Bitmain’s leaked secret filing. Ebang is situated in Hangzhou, China, and is considered...
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ASIC Flags Three Unregulated FX Firms Including Fibonetix (financemagnates.com) 12/06/2019 - 1:43am
Fibonetix has previously been blacklisted by another financial regulator.
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Coinmine One Crypto Miner For The Non-Traditional Miner (cryptomining-blog.com) 12/05/2019 - 11:18am
The traditional crypto miner is always looking at the profitability and specs of an ASIC, FPGA, GPU and CPU mining hardware and after that takes into account other factors that may not be as important. Then there are the non-traditional miners that might be more interested into a cool-looking and easy to use miner that may not be very or...
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Monero Is Struggling Below $53 Following The Latest Upgrade  (oracletimes.com) 12/05/2019 - 8:18am
Monero seems to have started an uptrend following the latest upgrade that the protocol went through, but this doesn't seem to have lasted for too long as the coin fell below the $53 support. XMR in the crypto market At the moment of writing this article, despite the fact that most digital assets are trading in the green, XMR is trading in the red...
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Ethereum’s Istanbul Hard Fork Phase One is on December 7th (cryptomining-blog.com) 12/04/2019 - 9:39am
Just a reminder that on December 7th, at block number 9069000, Ethereum (ETH) will execute the first phase of its Istanbul hard fork (a little more than 19000 blocks as of writing this). Earlier the hard fork was scheduled to happen today on 4th of December at block 9056000, but the date has been pushed back a bit. The second phase of the hard...
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Monero Price: XMR/USD Ignores The Hard Fork That Just Took Place On The Network (oracletimes.com) 12/04/2019 - 8:31am
Monero’s developers confirmed the hard fork was a success , and it was implemented on block 1978433. As you already know, the upgrade of the network took place on November 30. Upgrading the Monero network to RandomX Monero has successfully upgraded the network to RandomX. The project's developers have put forth the idea of a new PoW algorithm...
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Ahead of Ethereum’s Istanbul Hard fork, Investors Flow In (coingape.com) 12/04/2019 - 3:33am
Three days remain before the widely anticipated Ethereum hard fork, Istanbul, is implemented. Despite the execution coinciding with unrelenting bears, it is emerging that more investors are pouring in to the second most valuable cryptocurrency, ETH, according to statistics from Token Analyst . Week-to-date, there have been more inflows, at $115.5...
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ASIC takes civil action against former Financial Adviser Mustafa Mohammed and related entities (miragenews.com) 12/03/2019 - 3:29pm
ASIC also alleges that the Defendants used investor funds for their own personal use, including substantial payments to friends and family members and the promotion of cryptocurrency. ASIC’s ...
ASIC, bing.com, Cryptocurrency, Mining, miragenews.com
Bitcoin Mining in North America: A New Gold Rush in the New World (bitcoinmagazine.com) 12/03/2019 - 2:30pm
The phones are ringing off the hooks at the New York offices of BitOoda, a financial services and brokerage firm that advises bitcoin mining companies and investors in the bitcoin space on investment strategies and risk management. Ryan Porter, head of business development at BitOoda , told Bitcoin Magazine that there’s lots of interest, including...
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Bitcoin Mining in North America: A New Gold Rush in the New World (e-cryptonews.com) 12/03/2019 - 2:30pm
The phones are ringing off the hooks at the New York offices of BitOoda, a financial services and brokerage firm that advises bitcoin mining companies and investors in the bitcoin space on investment strategies and risk management. Ryan Porter, head of business development at BitOoda, told Bitcoin Magazine that there’s lots of interest, including...
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Monero Price Recovery: XMR Found Support Above $54 (oracletimes.com) 12/03/2019 - 8:21am
Monero suffered a huge fall in price when BTC fell as well and dragged the whole crypto market down. But despite the massive volatility of the crypto market, the interest in Monero is still on the rise, and BTC also gathered more attention this year. The optimistic crypto predictions continued to pop up in the space, as well. Monero (XMR) finds...
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Monero Implements Hard Fork, Including New ASIC-Resistant Mining Algorithm (cryptosyringe.com) 12/03/2019 - 2:54am
The Monero (XMR) network has been successfully upgraded to RandomX, a new mining algorithm that aims to be ASIC-resistant. On Nov. 30, the Monero community workgroup did a live stream on YouTube in which the upgrade took place at around the 58 minute mark. The new upgrade also introduced proof-of-work ( PoW ) algorithm, RandomX, which uses random...
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Chinese Government Favors Some Exchanges, Sanctions Smaller Operators (cryptovest.com) 12/02/2019 - 11:00pm
At this point, farms are facing the need to move to new rigs, and Bitmain may have another chance at higher sales. The S17 is yet to arrive as a mass ASIC. In the meantime, the Bitcoin hashrate ...
ASIC, bing.com, Bitcoin, Bitmain, Bitmain, Cryptovest, cryptovest.com, Farms, Mining
Monero implements RandomX update in attempt at ASIC-resistance (finder.com) 12/02/2019 - 4:20pm
if it works. Monero has completed its long-awaited RandomX update. It's an especially interesting update because it represents a new front line in the struggle between ASIC cryptocurrency mining, and ...
ASIC, bing.com, Cryptocurrency, finder.com, Long, Mining, Monero
Monero Implements Hard Fork, Including New ASIC-Resistant Mining Algorithm (bitcoin.worldnewsoffice.com) 12/02/2019 - 3:57pm
Monero has completed its hard fork and has introduced RandomX, a new ASIC-resistant mining algorithm
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Monero Implements Hard Fork, Including New ASIC-Resistant Mining Algorithm (cointelegraph.com) 12/02/2019 - 3:52pm
Monero has completed its hard fork and has introduced RandomX, a new ASIC-resistant mining algorithm
Algorithm, ASIC, Cointelegraph, CoinTelegraph.com, cointelegraph.com, Mining, Monero
Monero Penalizes GPU and ASIC Mining with RandomX Upgrade (cryptobriefing.com) 12/02/2019 - 12:11pm
The Monero network successfully conducted a scheduled upgrade on Nov. 30. Among other features, the RandomX mining algorithm was introduced to cripple ASIC machines and improve the efficiency of CPUs. Specialized mining hardware has always been a hotly debated theme. Critics argue that they have a centralizing effect, as few companies in the world...
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Monero (XMR) Community Celebrates The Switch To RandomX (oracletimes.com) 12/02/2019 - 8:07am
Monero has finally undergone the much-awaited upgrade that the community has been expecting at the end of the past month. The Monero community has been having a tough time with a few exchanges that have been delisting the privacy coin. Most of them cited the Financial Action Task Force’s travel rule. Monero upgrades the network to RandomX But...
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Vertcoin 51% Attacked Once Again (cryptobriefing.com) 12/02/2019 - 3:47am
Vertcoin was 51% attacked . Coins were double-spent and 603 blocks were replaced by the attacker’s transactions. Vertcoin Attacked On Dec. 1 at 15:19 UTC , 603 blocks were removed from VTC’s main blockchain and replaced by 553 attacker blocks. There were 5 recorded double-spent transactions . A total of 125 VTC ($29) was redirected to the hacker’s...
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Monero Developers Complete the RandomX Upgrade (themerkle.com) 12/01/2019 - 3:00pm
The Monero developers have successfully completed another network upgrade. This particular update is of keen interest, as it effectively introduces RandomX as a new algorithm. Some crypto enthusiasts may recall how the Monero community was funding a new project. Monero Keeps Forging Ahead The money would be used to have an independent of the...
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Bitcoin Halvening 2020 – What Does It Mean? (thecoinrise.com) 11/30/2019 - 10:49am
Every four years or so, the reward for mining Bitcoin is halved. The next “Bitcoin halvening” is due next year; here’s how it’ll impact on Bitcoin’s price. The “Bitcoin halvening” is coming: in mid-May 2020, the supply of Bitcoins issued as mining rewards will be cut in half, again. Will the halvening cause a boom in the price of Bitcoin? Based on...
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The Second Grin Hard Fork is Planned for January 2020 (cryptomining-blog.com) 11/30/2019 - 8:29am
The Grin project has already successfully hard forked once already earlier this year with a change in the C29 PoW algorithm from Cuckaroo29 to Cuckarood29 and now a second hard fork has been planned. Grin’s Hard Fork 2 is planned for block 524160 that should be reached sometime in January next year (around the middle of the month) with the testnet...
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Monero’s RandomX algorithm fork and its aftermath (blog.genesis-mining.com) 11/29/2019 - 11:03am
This article aims to outline the situation of the Monero “RandomX” position while giving a perspective from our mining operation, how this affects us (including you) as miners, plus a plan of action that will follow. On November 30th 2019, the Monero Blockchain will fork again , and effectively switch the network’s underlying mining algorithm from...
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The big controversy: What is ASIC-resistance? (blog.genesis-mining.com) 11/29/2019 - 10:50am
1. About ASIC-resistance “ASICs, or “Application Specific Integrated Circuit” are computers that are created to serve a specific use case and task. For Cryptocurrencies, ASIC devices are designed to participate in the process of mining Bitcoin (or other cryptocurrencies). Bitcoin, being the largest cryptocurrency by hashrate ( Almost 100 ExaHashes...
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Hackers Are Scanning For Docker Vulnerability To Mine Monero (XMR) (oracletimes.com) 11/29/2019 - 8:23am
It’s been revealed by The Next Web that a hacking group is reportedly performing a mass scan of the Internet in order to search a vulnerability in ports on systems using enterprise sandbox software Docker to mine crypto. According to the security researchers at Bad Packets, the scans found vulnerabilities that allow bad actors to inject malicious...
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Stantinko Botnet Was Caught Mining Monero (XMR) Via YouTube (oracletimes.com) 11/28/2019 - 8:12am
Monero is one of the most mined digital assets these days. People's interest in the privacy-oriented coin has been surging for quite a while now, and this is obviously due to high privacy and anonymity features. Stantinko botnet uses YouTube to skip detection and mines XMR It’s been revealed that the Stantinko botnet might have infected at least...
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BitBay Crypto Exchange Ditches Monero (XMR) Over Compliance Risks (oracletimes.com) 11/27/2019 - 8:02am
Monero has been gaining popularity this year despite the fluctuations of the crypto prices. Crypto enthusiasts' interest in the privacy-oriented coin has been on the rise this year, despite high market volatility. More and more crypto fans understood the importance of privacy and chose XMR as an investment option. BitBay to delist Monero It’s been...
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The Golden Age Of Ever-Changing Computer Architecture (hackaday.com) 11/27/2019 - 2:02am
Since then the process for manufacturing custom chips has massively improved. The results are obvious. For instance, the popularity of Bitcoin mining drove many new ASIC designs, as specialty hardware ...
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Core Scientific opens Calvert data center (paducahsun.com) 11/26/2019 - 6:21pm
Bitcoin miners use powerful Application Specific Integrated Circuit (ASIC) computing chips to compete to correctly solve the encryption puzzle . • When a miner is successful, the block is incorporated ...
ASIC, bing.com, Bitcoin, Block, CHIPS, Miners, Mining, paducahsun.com
Crypto Miners Produce Bitcoin on Accelerated Schedule (bitcoin.worldnewsoffice.com) 11/26/2019 - 4:34pm
In 2019, miners have been revving up their ASIC to make use of the last Bitcoin block rewards before the halving in May 2020. The extremely high mining activity also meant that during some time periods, the network blocks arrived less than 10 minutes apart. Bitcoin Blocks Produced Ahead of Schedule In 2019, the Bitcoin network produced the 18...
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Crypto Miners Produce Bitcoin on Accelerated Schedule (bitcoinist.com) 11/26/2019 - 12:00pm
In 2019, miners have been revving up their ASIC to make use of the last Bitcoin block rewards before the halving in May 2020. The extremely high mining activity also meant that during some time periods, the network blocks arrived less than 10 minutes apart. Bitcoin Blocks Produced Ahead of Schedule In 2019, the Bitcoin network produced the 18...
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Monero Found Support Above $51 As The Market Struggles To Remain In The Green (oracletimes.com) 11/26/2019 - 8:14am
As you already know by now, Bitcoin fell pretty bad a few days ago, and there have been all kinds of speculations regarding potential reasons for which the most important coin in the market lost so much of its value. A couple of days ago, we reported that the Daily Hodl online magazine offered the opinions of seven crypto analysts who present...
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Ethereum News Today – Headlines for November 26 (smartereum.com) 11/26/2019 - 6:14am
Vitalik Buterin explains the consensus algorithm issues on the network Not everyone agrees with the implementation of ProgPoW before Ethereum 2.0 Ethereum News Today – The co-founder of Ethereum – Vitalik Buterin – was recently in the news for releasing a post where he explained the consensus theory problems. In the post, Buterin said: “ I believe...
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BitTorrent Creator Calls Vitalik’s ASIC-Resistant Proof-of-Work ‘A Pipe Dream And a Bad Idea’ (bitcoin.worldnewsoffice.com) 11/26/2019 - 12:49am
BitTorrent creator Bram Cohen says ASIC-resistant proof-of-work is both “a pipe dream and a bad idea”
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