Bitcoin Mining: Everything You Need to Know

Bitcoin mining is a term that everyone in the cryptocurrency and even many outsiders are familiar with. This is a process performed by high-powered computers (also known as nodes), which solve complicated computational math problems. While distinct, there are certain similarities between bitcoin mining and actual mining for precious metals such as gold, for example. […]

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Bitmain Activates Controversial ‘AsicBoost’ for Antpool

New evidence suggests that Bitmain controlled AntPool has activated a controversial hack on its mining operations. The AsicBoost hack supposedly gives a 20% efficiency boost when mining. The Big Reveal Tracking website, AsicBoost Block Explorer, identified that block #530042 was indeed mined by AntPool using the technology. In fact, roughly 4% of blocks mined in the past week […]

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‘Huge Development’: Overt AsicBoost Patent Crushes Bitmain Mining Monopoly

Wilma Woo · March 7, 2018 · 8:30 am Bitcoin mining rig manufacturer Halong Mining has announced its AsicBoost patent has joined the Blockchain Defensive Patent License (BDPL) scheme. Bitcoin Network Gets ‘Friendly’ AsicBoost The highly-anticipated move, which challenges existing mining monopoly of competitor Bitmain, could revolutionize Bitcoin mining, with Litecoin creator Charlie Lee describing […]

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