We'll look at the difference between these three algorithms - Proof-of-Stake vs Proof-of-Work vs Proof-of-Time and how they compare.
Bitcoin's volatility is nothing new, but it seems to ramp up as we approach, what could be a critical juncture for the cryptocurrency.
In this article, we will explore how the blockchain helps cryptocurrencies work with both the architecture and how currencies are mined for transactions.
The Antminer series 19 Antminer S19 Pro can be upgraded with liquid-cooled technology on large scales and this post proves it.
Only when all coins are minted and miners are only rewarded by transaction fees will we know the extent of the genius embedded in Satoshi Nakamoto's game theory
Currently, Bitcoin is quite limited in regards to its cryptography and reaching its true decentralization potential. One of my aims is to change all that. Bitcoin has the problem of an increasingly large carbon footprint, potential threats to it being breakable, and specialized brute force attacks that are becoming increasingly complex.
Who will mine the last Bitcoin?
Unhashed is a QnA series where I speak with top execs of new and established blockchain projects to unravel the mystery of blockchain & crypto.
On May the 11th, Bitcoin went through its third halving in its albeit short lifetime. Whilst this event was celebrated by most in the crypto community, some bring up some valid concerns about whether or not many miners will be able to survive with their revenues effectively cut by almost 50% in a single day.
ASIC Miners Are a great investment for passive income, be sure to choose it wisely to reach the best mining profitability.
Selfish mining is a scenario where a miner mines a new block but fails to publish it for other miners to see and add it to the chain of blocks on their ends.
Chicago seeks to ride the Bitcoin train back to relevance. Here is how they can do it.
What is Mining:
While there is some legitimacy to Bitcoin's negative carbon footprint, the claims are overblown and distributed ledgers can actually help the environment.
I don’t know if this is the best advice I’ve ever given someone, but for most people I’d say: INVEST IN YOU
Institutional investors don't hold the key to Bitcoin's growth. They're definitely not looking out for you or your interests.
The environmental cost of blockchain technologies and cryptocurrencies is high, but the answer doesn't only lay with energy production and better proof methods
Bitcoin mining difficulty is currently at an all-time high.
In typical open and transparent fashion Bitcoin mining sales and service company Meta-Luban does another public test of their water-cooling systems...
20 reasons not to buy bitcoin. Investing isn't for everyone. Bitcoin has a way of humbling everyone who gets involved with i.t
Over the years, analysts and environmentalists have constantly called Bitcoin mining an energy-intensive venture. This has brought a continuous spotlight on Bit
This article covers everything you need to know about the process, history, and principles behind Bitcoin mining.
The cryptocurrency industry has just experienced the most anticipated event, Bitcoin (BTC) 2020 halving. The last 12.5 Bitcoin block has been mined by F2Pool and encoded the message of “NYTimes 09/Apr/2020 With $2.3T Injection, Fed’s Plan Far Exceeds 2008 Rescue.” paying tribute to Satoshi Nakamoto. Antpool was in luck and mined the first 6.25 Bitcoin block.
In December 2018, the crypto industry was shaken amid rumors about one of the largest Bitcoin mining firm Bitmain’s plans to lay off 50% of its staff. Earlier in November, one of the most trusted GPU manufacturers Nvidia also reported a decline in the sale of mining chips. This caused a dent of 23 billion in market valuation of the company.
The price of an asset is determined by supply and demand. BTC is limited to 21 million units, with 18.7 million presently in circulation.
Learn the truth about Bitcoin’s energy consumption and understand why its environmental impact isn’t as bad you think.
A soundbyte news item recently took the crypto community by storm: 85% of the world’s Bitcoin supply has been mined.
The simplest explanation of the blockchain in the world, what its nine main characteristics are, what makes up a blockchain, hashing, the body of the block.
Mining hashrate has come to a crossroads. Water-cooled products are being accepted and recognized by mainstream manufacturers, but will they dominate?
Proof of Work is the most secure Internet protocol ever created
Major mainstream media made a coordinated attack on Bitcoin’s energy consumption.
Questions about the environmental friendliness of the cryptocurrency business appeared 2 years ago. Is the current situation really that bad as many say?
"Where can I find the famous title of The Times in Bitcoin blockchain? Is the page saved into the blockchain?"
This is just a concept, but perhaps can lead to a community-driven and open source project that tackles Bitcoin's Energy Efficiency problem. The project, which I dub "Bitcoin Efficient", might do just that, and much more. Unlike other hard forks from BTC such as Bitcoin Cash, Bitcoin Efficient aims to have dramatic changes in regards to hashing and consensus. The project aims to change the way Bitcoin is being mined.
Australia seems to have the perfect trifecta of government stability and support, societal adoption, and bountiful sunshine and land for clean energy production
A look at pricing methods of Bitcoin in the context of the Stock to Flow Method and the upcoming halving.
Bright points, potential pitfalls and what you can look out for
Bitcoin remains an incredibly tantalizing digital asset, as those who invest wisely in this cryptocurrency can earn huge sums of money for themselves. Bitcoin miners and investors are nevertheless forced to contend with the fact that their market is incredibly volatile, and that technological changes are constantly upsetting industry practices. New and more efficient bitcoin mining processes, for instance, can help lower the energy costs associated with producing the digital tokens.
I remote chat this afternoon with Dunstan Teo, a blockchain architect and consultant for projects and enterprises, big and small. He’s also a builder of sovereign level tech, a creator of new economic models, a president of a multi office advisory, an author, an advisor to exchanges, and more.
Bitcoin among other Cryptocurrencies may soon be used legally in Ukraine, once President Volodymyr Zelensky signs legislation passed by Ukraine’s Parliament.
Bitcoin false narratives debunked , bitcoin mining, bitcoin illicit activity, bitcoin CIA, Bitcoin use cases
Bitcoin is far less popular now than it was in its heyday, when the world’s leading cryptocurrency was regularly dominating international headlines and leading newcomers into the burgeoning crypto-marketplace. After it caught on like wildfire amongst non-traditional investors, the Bitcoin hype also generated a slew of headlines and controversies surrounding the immense amount of energy that’s needed to mine - or generate - new tokens. These days, that controversy has largely died down, but many people still wonder if Bitcoin mining still presents a serious new global warming problem.
Bitcoin mining is often touted as one of the safest and quickest ways to earn the world’s leading cryptocurrency. However, due to factors such as enormous energy consumption and requirement for complex technical hardware, Bitcoin mining has many times eluded small miners.
China is getting tough on crypto. Same as it ever was, right? But this time the pushback is real. What does it mean for bitcoin miners and crypto as a whole?
A proposal to solve the hyperinflation problem through adopting Bitcoin UBI, powered by Stacks blockchain Proof-of-transfer mechanism.
This year, sometime around mid-May, an event long anticipated in the Bitcoin community will occur: halving, i.e. the reward granted to miners per block added to the already existing blockchain (from 12.5 BTC to 6.25 BTC) will be halved. The history of Bitcoin will see 32 halvings, and we are approaching merely the third one. Very many people continue to wonder about the impact of this halving, about the evolution of the price, about what will happen with the miners, etc.
This guide's selection of bitcoin mining equipment adheres to the most secure cryptographic procedures to keep your cryptocurrency secure.
I read academic papers about blockchain for a living. Some of them are groundbreaking, others are pure garbage, but one paper, written by Yong Ming Kow and Caitlin Lustig, appeared to be hard to forget - I am still not sure to which bucket it belongs.
Bitcoin halvings occur every 210,000 blocks that have been mined on the blockchain, which is roughly at four-year intervals.
At 5:55 PM EST on May 11, 2020, the third Bitcoin Halving will occur. Over the last several weeks, the price of Bitcoin has soared nearly 30% as speculators and long-term hodlers are accumulating ahead of the highly anticipated event.
Since its launch in 2009, Bitcoin has continued to thrill and confuse the global financial markets.
Cryptocurrency has revolutionized how global citizens view what the definition of currency may mean. Even at a young age, most people understood the power of currency. We perceived money as a mystical object that provided access to our wishes: candy, food, and fun.
