Tag: Jihan Wu

A New Bitcoin World

Bitmain Announces Next-Generation Antminer Equipped With 7nm Chip

Bitmain Announces Next-Generation Antminer Equipped With 7nm ChipAt the World Digital Mining Summit in Tbilisi, Georgia the blockchain firm and mining manufacturer, Bitmain Technologies, announced a new Antminer will be launched soon equipped with 7nm semiconductor technology. The firm’s CEO Jihan Wu reported that Bitmain’s next-generation ASIC BM1391 Finfet chip integrates more than a billion transistors for optimal SHA256 mining performance. Also Read: Japanese […]

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September 21, 2018 0

How Bitcoin Cash Can Avoid the Same Mistakes as Bitcoin Core, Part 4 of 4

How Bitcoin Cash Can Avoid the Same Mistakes as Bitcoin Core, Part 4 of 4The following opinion piece on Bitcoin Cash was written by Jonald Fyookball We’ve already discussed 3 reasons why the bitcoin project was subverted: lack of education, lack of clarity, and centralized development. Today I will proffer two more: censorship and propaganda were allowed to run rampant; miners didn’t understand their power and responsibility. Last Friday, Coingeek.com held a […]

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May 22, 2018 0

Closing the Curtains On Segwit2x and the Following Aftermath

Closing the Curtains On Segwit2x and the Following AftermathIn less than eight days Bitcoin network market participants were ready for the planned Segwit2x fork, canceled yesterday. Now cryptocurrency proponents everywhere are expressing opinions about the Segwit2x plan in general, and the working group’s decision to give up on forking the protocol. Also Read: Openbazaar Sees a Variety of New Vendors After Privacy Enhancements Segwit2x: […]

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November 9, 2017 0

The Bitcoin Cash Network Continues to Grow With an Ambitious Roadmap

It’s been over forty-eight days since the hard fork, and the Bitcoin Cash (BCH) network is alive and well. Also Read: Bitcoin Exchange BTCC to Halt Trading as Regulatory Storm Brews in China Five Different Development Teams Are Working With the Bitcoin Cash Project As the blockchain’s days continue, BCH developers have been revealing the upcoming […]

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September 18, 2017 0

Chinese Bitcoin Exchanges Face Stricter Regulation and Licensure

Chinese Bitcoin Exchanges May Face Stricter Regulation and LicensureChinese Bitcoin Exchanges May Face Stricter Regulation and LicensureOver the past week, bitcoiners everywhere have been focused on the speculative news of China ‘banning’ bitcoin and wondering if the stories were true. According to recent reports from local media and the country’s National Internet Finance Association (NIFA), bitcoin is not ‘illegal,’ but exchanges may face tighter regulatory supervision and might have to cease […]

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September 13, 2017 3

Bitcoin Cash Mining Difficulty Drops Significantly – Speeding Up The Chain

On Sunday, August 20, the Bitcoin Cash (BCH) network dropped its mining difficulty another notch down to 7 percent of BTC’s difficulty, on block 479808. Since then another mining pool has joined in on processing blocks on the BCH chain as the mining pool BTC.com has found its first block on the network. Also read: World’s […]

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August 20, 2017 0

Bitcoin Cash Flips Mining Profitability

Bitcoin Cash (BCH) markets have been extremely bullish over the past two days after hovering in the $300 range for a solid week. Currently, one BCH is averaging $550 per token, and the market has pushed Ripple out of the way by taking the third highest market capitalization position. Also read: Venezuelan Bitcoin Mining Continues […]

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August 18, 2017 0