Tag Archives: mining

Former Bitmain Chip Designer Seeks to Revoke Mining Giant’s Patent

Former Bitmain Chip Designer Seeks to Revoke Mining Giant’s Patent

Bitcoin’s most controversial mining firm, Bitmain, is under threat of having a key chip patent revoked. Forcing a review of the patent is an ex-employee of the China-based mining giant: former director of design Yang Zuoxing, who has now founded a rival mining firm called Bitewei. According to documents reviewed and confirmed by CoinDesk, the […]

Hours to Go: How to Watch Ethereum’s Fork as It Happens

Hours to Go: How to Watch Ethereum’s Fork as It Happens

With $30 billion on the line, all eyes are likely to be on ethereum tomorrow as it seeks to navigate one of its biggest-ever updates. Will all software users upgrade to the updated blockchain? Or will a new, competing token be created? That’s exactly what the market is watching and waiting to see when etheruem hits block 4,370,000, scheduled […]

$700 and Rising: What’s Driving the Price of Bitcoin Cash?

$700 and Rising: What’s Driving the Price of Bitcoin Cash?

Bitcoin cash surged above $700 today, passing a notable milestone amidst a two-day rally during which the price of the cryptocurrency more than doubled. Heading into weekend trading sessions, bitcoin cash has emerged as the third-largest cryptocurrency by network value, behind bitcoin and ethereum. And while it might still be too early to compare bitcoin cash […]

Bitcoin Cash Is Now More Profitable to Mine Than Bitcoin

Bitcoin Cash Is Now More Profitable to Mine Than Bitcoin

Bitcoin cash’s surge above $500 today is changing more than just the the net worth of its investors and users. The rising price is also creating the incentive for miners to dedicate computing power to the bitcoin cashblockchain, one that could find them moving away from bitcoin. With the new push, bitcoin cash miners are making around 2% more mining […]