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PORT Network: DApp to Harness Sustainable Processing Power for Both Cloud and Volunteer Computing
28.6.2021
PRESS RELEASE. With an ever-increasing demand for computing power, PORT Network launches the first dApp to merge both Cloud and Volunteer computing on the blockchain. 28th June 2021, Düsseldorf, Germany – The demand for increased computing power is growing at an exponential rate....
Vitalik Buterin Criticizes Elon Musk’s Idealistic Take on Cryptocurrency, Details Limits on Blockchain Scalability
24.5.2021
Vitalik Buterin, one of the most renowned Ethereum founders, has rebuffed Elon Musk’s take on fixing cryptocurrencies in a new paper where he details the limits of blockchain scalability. Buterin touches on three subjects: storage, bandwidth, and computing power, commenting on their limits...
Bitcoin network's computing power: Is it an accurate predictor of BTC price?
21.3.2021
Drops in Bitcoin's hash rate coincided with some big BTC price corrections in the past
How Many Users Have Already Locked Up $20K to Join Ethereum 2.0?
1.12.2020
Ethereum is moving from a proof-of-work blockchain, where computing power determines rewards, to a proof-of-stake platform (dubbed Ethereum 2.0), whereContinue Reading
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The Future of Crypto Mining is All About Computing Power, Says RRMine Global CEO
30.7.2020
Crypto mining’s future will become more tech oriented, says CEO of RRMine global
Bitmain Unveils Cheaper T19 Bitcoin Miner to Regain Lost Market Share
2.6.2020
Bitmain on Monday released the Antminer T19, a cheaper bitcoin mining machine, in an effort to regain lost market share. The Beijing-based company said the Antminer T19 has computing power or hashrate of 84 terahash per second (TH/s) and power efficiency of 37.5 joules per terahash (J/TH)....
Iran Licenses $7.3 Million Bitcoin Mining Enterprise, Move Aimed at Easing U.S. Sanctions
5.5.2020
Iran has issued a bitcoin mining license to Iminer, a Turkish-based company. Iminer will operate up to 6,000 rigs, with a computing power of 96,000 terahash per second (TH/s) in total. According to media reports, the miner has spent $7.3 million setting up the mining facility, located...
Bitcoin’s Computing Power Is Growing Again After Coronavirus-Related Disruption
4.3.2020
The bitcoin network’s processing power is growing again as major Chinese miner manufacturers resume shipments following coronavirus-related delays
Crypto Miner Steals $5M Worth of Computing Power Using Identity of Riot Games Founder
7.11.2019
A crypto miner stole the identity of a co-founder of the game developer behind League of Legends to illegally access $5 million in computing power
US Charges Singaporean Miner Who Stole $5M Worth of Cloud Computing Power
10.10.2019
The United States prosecutors officially indict a man from Singapore for stealing Amazon Web Services’ cloud computing power to mine cryptocurrencies
Bitcoin Network Computing Power Nears 90 Quintillion Hashes per Second
4.9.2019
Bitcoin price should follow hash rate’s all-time high: Keiser
Capital One Hacker Used Stolen Computing Power to Mine Crypto
30.8.2019
Capital One hacker Paige Thompson had been using stolen computing power to mine cryptocurrencies, a federal grand jury indictment revealed
Computing Power of Bitcoin Establishes New Record with 100K+ Miners Online
5.8.2019
The aggregate computing power that goes into securing the blockchain of bitcoin has established a fresh record. As per the data released by BTC.com, a mining service operator, the average hash rate for bitcoin mining has hit 71.43 quintillion EH/s (hashes per second) over the period of the past...
Bitcoin’s Computing Power Sets Record as Over 100K New Miners Go Online
5.8.2019
The total computing power now dedicated to securing the bitcoin blockchain has set yet another record