Analysis
Analysis Suggests that 85 Percent of Monero Network is Dominated by ASICs
Within the last 40 days, analysis suggests that Monero is once again dominated by ASIC mining, with 85 percent of the network hash rate…
Mitchell Moos 6 min read
Mining News
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Mining
Will Ethereum Adopt ‘ProgPoW,’ the ASIC-Resistant Mining Algorithm?
After Ethereum core developers expressed broad support in January for ProgPoW—an ASIC resistant upgrade to the Ethereum network—the Ethereum community raised concerns that the…
Guest Author
Mining
Ethereum Classic’s 51 Percent Attack Highlights the Challenges of Proof-of-Work Coins
On Jan. 5th, Ethereum Classic (ETC) suffered a 51% attack losing a total of more than US$1 million spread over 15 different transactions. The…
Latest Mining News & Analysis
Scams
Icelandic Bitcoin Mining Thief Jailed for Stealing $2 Million in Equipment and Fleeing Custody
Icelandic Bitcoin mining equipment thief, Sindri Þór Stefánsson, was sentenced to four and a half years in prison on Jan. 17th. He was re-apprehended…
People
Bitmain Looking to Replace Its Two CEOs: IPO Jeopardized?
Bitmain, the Bitcoin mining giant, is reportedly looking to replace its two founders and co-CEOs with an in-house tech chief, sources told the South…
Mining
Largest Bitcoin Mining Pools Gutted as Bitmain Reels
The two largest Bitcoin mining pools, BTC.com and Antpool, have lost a large chunk of their hash power over the crypto winter. The two…
Mining
Bitcoin Miners Eviscerated: Japan’s GMO Shuts Down Cryptocurrency Mining Hardware Division
GMO Internet, a major Japanese-based technology company, has shuttered its division responsible for designing and manufacturing mining chips. Mounting losses from a weak cryptocurrency…
Mining
Bitcoin Companies Purge: Bitmain and Huobi Lay Off Workers
The crypto-winter is affecting billion-dollar players in the cryptocurrency market. After the much-publicized layoffs at ConsenSys, SpankChain, and Steemit, mining equipment manufacturer Bitmain is…
Opinion
Humor: New Cryptocurrency Aims to Reduce Energy Consumption from Christmas Lights
Americans and their Christmas lights consume a staggering amount of energy. For December alone, these glowing ornaments consumed 4.5 terawatt-hours of electricity, more than…
