Tag Archives: ASIC

New Blockchain Chip is launched by Intel to Tap Crypto Boom

Intel on Friday sent off another chip for blockchain applications, for example, Bitcoin mining and stamping NFTs to take advantage of the rising use of digital forms of money. The chip will deliver in the not so distant future and the principal clients incorporate Block, the Jack Dorsey-drove firm that as of late changed its name from Square to feature its developing spotlight on the blockchain. Continue reading New Blockchain Chip is launched by Intel to Tap Crypto Boom

Monero Crypto Network Plans Fork to Buck ASIC Miners Once and For All

Developers of the privacy-cryptocurrency Monero have announced they’ll be “forking” (making code changes to) their network, changes that will reportedly make it impossible for “miners” using powerful ASIC-chip-laden machinery to process transactions on the network, Blockchain Reporter states. Continue reading Monero Crypto Network Plans Fork to Buck ASIC Miners Once and For All

Ethereum Mining in the Era of ASICs

Ethereum mining may be reaching the end of its life
The Ethereum network has been growing steadily and hashrate and difficulty on the network have blossomed over the last few months as mining has expanded and more entrepreneurs get in on the action. Both metrics have just about doubled since the beginning of 2018 (which makes sense, as they are designed to closely track each other) though some attribute the speedy increase to the secret introduction of ASIC miners by Bitmain before officially releasing the technology for sale. Continue reading Ethereum Mining in the Era of ASICs

Manufacturer Holds Cryptonight ASIC Firesale after Monero Hard Forks

Mining hardware manufacturers have begun selling Cryptonight ASIC miners for next to nothing after privacy-centric cryptocurrency Monero carried out its threat to adopt a hard fork to maintain ASIC resistance. Last week, Monero activated its semi-annual hard fork, an update that included an alteration to its instance of the Cryptonight Proof-of-Work (PoW) consensus algorithm. Continue reading Manufacturer Holds Cryptonight ASIC Firesale after Monero Hard Forks