Any finance-oriented industry will need to undergo constant development, changes, and face new competitors. In the cryptocurrency world, that situation is no different, although things are done a bit differently. Monero, one of the more popular altcoins, has undergone another major fork, which makes the project further ASIC-resistant and privacy-oriented. […]
Tag: ASIC
Jihan Wu Loses Control of Bitmain as IPO Documents Indicate Profit Figures Were Hyped
Bitmain has dominated ASIC manufacturing since it was founded in 2013. One man has been at the forefront of this domination, leading the company into the giant that it is today; Jihan Wu. However, it may not be so for much longer, with a Chinese publication revealing that a recent […]
Altcoin ASIC Debacle Will Split Siacoin’s Community In Two
It has been coming for a while now, but the ongoing Siacoin debacle will create a bit of a fallout. The developers’ decision to rebuke Bitmain and other ASICs from the network is an intriguing choice. Not everyone favors this decision, however, which will result in creating the SiaClassic Foundation. […]
Siacoin Rejects Bitmain and Innosilicon ASICs Through Future Hard Fork
Siacoin has been a rather interesting cryptocurrency to keep an eye on throughout 2018. Not because of its price movement, as that has been in line with all other bearish markets. Instead, there has been an ongoing debate as to whether or not the project needs to fork its code […]
Siacoin Price Gains 5% As Community Rejoices Over ASIC News
A lot of interesting price movement is happening outside of the cryptocurrency top 25. Whereas most of the top currencies are still in the red or slowly recovering, the Siacoin price is noting some strong gains. Although the current trend is anything but spectacular, it shows there is some good momentum […]
4 Bitcoin Mining Hardware Manufacturers Competing For the Industry’s Top Spot
Cryptocurrency mining manufacturers are vying for the top spot in the industry. Even though Bitmain remains the market leader, a fair few other companies are making inroads. The following companies, ranked in reverse order of market traction, are currently active in the world of commercialized Bitcoin ASIC mining. One can […]
Zcash Community Isn’t Interested in Remaining ASIC-Resistant
Shaping the future of a cryptocurrency is not an easy process. In the case of Zcash, there has been a recent community voting process which displayed some interesting results. A new proof-of-work algorithm will be introduced, and there is no real desire to remain ASIC-resistant. The Future of Zcash Looks […]
Equihash Cryptocurrencies Face Future Attacks by ASIC Miners: Study
A lot of research has been conducted regarding the future of cryptocurrency mining. Not all of these findings are overly positive. In the case of currencies using the Equihash algorithm, it seems a large amount of the combined hashrate is provided by ASIC hardware. It’s a worrisome development which could […]
FPGA vs ASIC Mining
The bitcoin mining ecosystem has undergone some massive changes over the past eight years. During the initial stage of bitcoin mining, using a computer’s processor was more than sufficient. Later on, software was developed to allow for GPU-based mining. Eventually, computers were replaced by FPGAs and the now ever-present ASIC […]