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Tag Archives: Mining

The Emergence of Mining as an Ecosystem – The Merkle

Cryptocurrency mining was first introduced through Bitcoin’s Proof-of-Work (PoW) algorithm, and has since been adopted by hundreds of other cryptocurrencies. Since its inception, miners have primarily supported platforms based on their profitability, following the coins whose miner returns offer the highest returns on investment. However, profitability’s dominance is gradually being replaced by other incentives, as projects look to garner more support by ...

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‘Uncertain’ Crypto Mining Demand Sees Taiwan Chipmaking Giant Lower Revenue Estimates

Join our community of 10 000 traders on Hacked.com for just $39 per month. Uncertainty in the cryptocurrency mining market has led to the world’s leading chipmaker, Taiwan Semiconductor, to lower its revenue forecast for the year. Adding insult to injury, weakness in demand for Apple’s iPhone, for which Taiwan Semi is the supplier, is also weighing on this year’s expected ...

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Antpool Doubles Down on Bitcoin Cash Support by Burning Mining Pool Earnings – The Merkle

There are always interesting developments taking place behind the scenes in the cryptocurrency industry. Antpool has been engaging in some rather unusual behavior as of late, although there is a clear plan to take into account. With the mining pool burning BCH by sending mining fees to an unspendable address, the team is heading in an intriguing direction. Antpool Is Burning BCH ...

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OpenMineral Is Bringing Mining out of the Stone Age and onto the Blockchain – The Merkle

As we begin to enter into Industry 4.0, we are leaving old technology, business practices, and markets behind. The digital age has allowed the commodities industry to use the most complex machinery ever made, handling the toughest minerals in the toughest conditions. However, many of the industry’s commercial aspects remain stuck in the Stone Age due to convoluted, archaic systems which feature middlemen ...

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Global Chip Manufacturer Expects Lower Profit Due To Uncertain Crypto Mining Demand

Taiwan Semiconductor Manufacturing Co. (TSMC), a global chip manufacturing giant, has lowered its 2018 revenue forecast to 10 percent growth, down from its previous estimate of 10 to 15 percent, based in part on uncertainty in cryptocurrency mining demand, CNBC reported April 19. Morgan Stanley estimates that about 10 percent of TSMC’s revenue depends on crypto mining demand. Charlie Chan, ...

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In-Browser Cryptocurrency Mining Can Have Positive Implications – The Merkle

Cryptojacking is a very popular and worrisome trend. For all of the negative attention in-browser cryptocurrency mining gets, there are still plenty of legitimate use cases for it as well. It is important not to lose sight of how in-browser crypto mining can revolutionize the advertising industry as a whole. In-browser Crypto Mining can be Successful Over the past few months, ...

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Consolidation in Cryptocurrency Mining Industry to Pressure the Price of Bitcoin

Bitcoin mining is increasingly becoming an activity for big business as the complex calculations needed to generate the virtual currency require industrial-scale capabilities. As the mining industry matures, the expected consolidation is likely to oust ‘regular folks’ that use their personal computers. Large Cryptocurrency Miners Are Taking Over the Game Bill Tai, the chairman of Hut 8 Mining Corp., the ...

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GPUs And ASICs – A Never Ending Battle For Mining Supremacy

Since Bitcoin’s inception in 2009, cryptocurrency mining has been popular both for average enthusiasts and hardcore fanatics. In the early days there was no such thing as an application-specific integrated circuit (ASIC), which are more commonly known as ASIC chips. Mining was first done with regular Central Processing Units (CPUs), which meant PC enthusiasts with the best hardware had a ...

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Philippines Warns Against Cloud Mining Contracts, Threatens to Jail Unregistered Solicitors

Join our community of 10 000 traders on Hacked.com for just $39 per month. The Philippines Securities and Exchange Commission has advised the public against social media offers to invest in cloud mining contracts and has warned unregistered solicitors they face imprisonment under Philippines law. A government investigation has determined that certain parties offering such contracts define cloud mining as ...

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