ASIC-resistant no more? That’s the question circulating Tuesday in the wake of news that Bitmain, the China-based maker of hardware specialized for cryptocurrency software, had developed a new “ASIC” mining chip designed specifically to process ethereum transactions and claim the protocol’s rewards. Bitmain confirmed the release of its Antminer E3 chips, which will retail for […]
Many begin to trade cryptocurrencies because they want to make a large amount of money with a small initial investment. In the cryptocurrency market, where volatility can exceed more than 25% in a single day, this can often be one of the primary drivers to bring new traders into the market. What is not always […]
Bitcoin mining hardware firm Bitmain unveiled its long-rumored ethereum mining tech on Monday. The Antminer E3 is set to ship this July, according to Bitmain’s website, at a price of $800 per unit. According to statements, the company is limiting orders to “one unit per user” with restrictions on shipping to China and Taiwan. The […]
iStock.com/BackyardProduction Ethereum News Update Have we reached a bottom? That’s the question on most people’s minds today, as cryptocurrency markets flashed green for the second consecutive trading session. Personally, I’m not convinced. ETH prices face a long winding road to their pre-crisis levels, which means it won’t be a straight rocket ride back to $1,000. […]
Announced today, Google will no longer feature extensions that contain cryptocurrency mining scripts in its Chrome Web Store. Starting today, Google’s Chrome Web Store will no longer accept cryptocurrency mining extensions, and currently-listed mining extensions will be eliminated from the online marketplace no later than the end of June. Google had previously allowed cryptocurrency mining […]
An official with Russia’s central bank has said that a proposed pan-EAEU payments network could be launched on an Ethereum-based platform. Olga Skorobogatova, the Central Bank of Russia’s first deputy governor, has projected that a proposed payments network, which would serve the entirety of the Eurasian Economic Union (EAEU), could eventually be deployed atop an […]
Australia’s financial intelligence agency published new regulatory stipulations today for digital currency exchanges operating within the island nation. New regulatory stipulations published today, April 3, 2018, by Australia’s financial intelligence agency, Australian Transaction Reports and Analysis Centre (AUSTRAC), are based on legislation that was proposed in 2017 and aren’t likely to catch any domestically-based digital […]
Ethereum developer Piper Merriam opened Ethereum Improvement Proposal (EIP) #958 on Github on March 30, presenting the idea of a possible hard fork in the Ethereum (ETH) protocol to invalidate ETH ASICs. Vlad Zamfir, another developer with the Ethereum Foundation, posed the same question on Twitter March 28. 57 percent of respondents voted yes. Both […]
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