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Mining

cryptocurrency January 19, 2022

A solo Ethereum miner has just gotten what could be described as the lucky break of a lifetime after mining a single ethereum block that netted them a reward that ran into the hundreds of thousands of dollars. While ethereum’s mining difficulty is not as high compared to bitcoin, it is still a difficult, energy […]

cryptocurrency May 9, 2019

HoneyMiner, a desktop-based crypto mining application, has released a new version for MacOS users. Advertisements HoneyMiner, which launched in July 2018, accesses your CPU or GPU and uses it to mine various cryptos. A central server points the connected machines at a certain target like ethereum, ethereum classic, zcash, monero and other GPU-friendly currencies. “We […]

cryptocurrency April 26, 2019

A new proposal by Vitalik Buterin, the creator of ethereum, suggests he is considering increasing rewards for validators who would secure the operation of the next version of the world’s second-largest blockchain. Advertisements Ethereum 2.0 is by far the biggest upgrade on the horizon for the ethereum blockchain, today valued at $17.5 billion. Its broader […]

cryptocurrency March 11, 2019

Ethereum mining pool Sparkpool has located and verified the accidental sender of an unusually high miners’ fee and agreed to split the amount. Advertisements In a statement provided to CoinDesk, Sparkpool said it received an email from an anonymous user on Feb. 25, claiming that they had made a mistake by attaching the 2,100 ether (ETH) […]

cryptocurrency March 11, 2019

Dovey Wan and Martina Long are partners at Primitive Ventures, a crypto asset investment fund. Advertisements ––––––––– Recently, there has been discussion regarding a proposal to migrate ethereum away from proof-of-work called ProgPoW (short for programmatic proof of work). Proponents of ProgPoW want to flip the paradigm of the cryptocurrency mining industry on its head. Their […]

cryptocurrency February 24, 2019

Pascal Thellman is CMO at Bounty0x, a simple service for earning crypto, and an advisor at PolyGrowth, a crypto PR firm. Advertisements — As proof-of-stake (PoS) networks gear up in an effort to compete with proof-of-work (PoW) blockchains, significant attention has been placed on their validator mechanisms and incentive structures for maintaining valid consensus. In […]

cryptocurrency February 20, 2019

Cryptocurrency mining pool Sparkpool has said it is temporarily freezing a mysterious 2,100 ether payment it received Tuesday and is waiting for the sender to reach out for a solution. Advertisements The transaction was received as an apparent reward for mining just one block on the ethereum blockchain, but the amount is roughly 600 times […]

cryptocurrency January 8, 2019

Shenzhen-based miner manufacturer Linzhi has published a statement in response to a “tentative” decision, made by ethereum developers Friday, to block specialized hardware, or ASICs, from securing the platform in exchange for rewards. Advertisements This would involve the implementation of “ProgPoW” in an upcoming upgrade, a code change that is optimized for graphic card, or GPU, […]

cryptocurrency November 8, 2018

Two principals at a Chinese school got in hot water after stealing power from the institution to mine the ethereum cryptocurrency. Advertisements According to a report from Hong Kong news outlet HK01 on Wednesday, Puman Middle School in Hunan province had been experiencing higher than normal noise levels from its computers over recent months, even on […]