Tag: Miners

A New Bitcoin World

Project to Subsidize Electricity Costs to Cryptocurrency Miners Underway in Russia

Project to Subsidize Electricity Costs to Cryptocurrency Miners Underway in RussiaThe preparation of a pilot project is underway in Russia to subsidize electricity costs to cryptocurrency mining farm owners, according to local publications. Meanwhile, interest in bitcoin, ether, and mining have been growing significantly this year. Also read: Russia Discusses Starting Cryptocurrency Mining With Its 20+ Gigawatt Surplus Pilot Project Benefiting Cryptocurrency Miners The Institute for […]

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September 7, 2017 0

Bitcoin Cash Becomes the Longest Chain As Miners Toggle Between Profits

The Bitcoin Cash (BCH) network is almost a month old and seemingly growing stronger as the days continue. As of August 22, the BCH chain is longer than BTC’s blockchain by 959 blocks, while also capturing the most hashrate that day for a short period of time. Also read: SEC Suspends Trading of Bitcoin Firm’s Shares […]

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August 25, 2017 0

Segregated Witness Has Officially Activated on the Bitcoin Network

On August 23 at approximately 10:00 pm EDT on block 481822 Segregated Witness finally activated and is now live on the Bitcoin network. Also read: A Look at Two Alternative Bitcoin Hardware Wallets on the Market Segwit Is Now Live on the Bitcoin Network Segregated Witness (Segwit) was an idea that was introduced by the software […]

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August 24, 2017 0

Segwit2x Working Group Announces Hard Fork Roadmap

Segregated Witness has locked-in and the Segwit2x working group has announced its roadmap for the next three months. The team of developers have detailed they are going forward with the 2MB block size increase that miners and businesses agreed upon at the New York Agreement. Also read: Gold Bug Peter Schiff Says ‘Cryptocurrency Market Signals […]

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August 10, 2017 0