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[email protected] Project Enables Bitcoin ASIC Miner Hardware Support No Comments

A lot of people are familiar with the [email protected] project. Consumers can dedicate their computing power to finding new breakthroughs in scientific research. All it takes is installing the dedicated client to get up and running within a few minutes. Interestingly enough, the project sent out a positive message regarding Bitcoin about a week ago. Bitcoin is quickly becoming a favorite tool to suppo...


Bitcoin Core To Remove Patented AsicBoost Advantage Soon No Comments

An interesting statement was posted on Twitter by Olivier Janssens, as he explained an upcoming change in the Bitcoin Core client software. A patented optimization for ASIC mining - called AsicBoost - will be made obsolete in the next client update. That news did not go over well with a lot of members for sure. Bitcoin Core Developers Dislike AsicBoost This news is part of a substantial debate o...

Scaling Bitcoin Workshop. Increase Block Size to 2-4MB. Newsbtc Bitcoin news

Will Block Size Debate Really Address Bitcoin Scalability? No Comments

Bitcoin was first introduced in the year 2009. Since then the digital currency's network has been growing non-stop. Over the past few years, bitcoin network has grown over multiple times but not much changes have happened on the technical side since its inception. The bitcoin block size has remained at 1 MB since the beginning and in order to ensure the survival of bitcoin, it is very important...

Bitcoin miner unprofitable cartoon NewsBtc

Approximate Bitcoin Mining Improves Bitcoin Mining by 30 Percent No Comments

People always want to get the most out of their bitcoin mining rigs and rightly so. The difficulty levels of bitcoin algorithm are increasing daily and mining has become a competitive affair. Those who discover fresh blocks stand to gain the bitcoin network reward. In order to discover new blocks, the mining chips have to be able to generate enough processing power to break the encryption protoco...

BitFury Slapped with Lawsuit from Former Employee. newsbtc bitcoin news

BitFury Brings Unparalleled Energy Efficiency to the Bitcoin Network With 16nm ASIC Chip No Comments

Bitcoin blockchain infrastructure provider BitFury Group has officially announced the mass production of the fastest and most effective 16nm Application Specific Integrated Circuit (ASIC) chip ever, that will bring unmatched energy efficiency to the Bitcoin network. Bitcoin mining requires heavy doses of electricity, which has compelled people to raise questions about the environmental impacts ...

Bitcoin Group delays listing on Australian Securities Exchange. newsbtc bitcoin news

Bitcoin Group delays listing on Australian Securities Exchange No Comments

Australia-based startup  Bitcoin Group has delayed its listing on the Australian Securities Exchange (ASX) after it found itself in trouble over doubts raised by the corporate watchdog on the involvement of the Australian Prime Minister Malcolm Turnbull and also on, what the company thinks were, the "misstatements" about the company's profitability. Bitcoin Group has already received the appr...

BITMIN to Create a Crowdfunded Mining Pool 1 Comment

Bitcoin mining has become a costly affair. Unlike the initial days bitcoin mining now requires specialized hardware with lots of processing power, which has made individual mining highly uneconomical. As we know, most of the bitcoin mining is carried out by big mining companies with dedicated data centres running high powered bitcoin mining application specific integrated circuits (ASICs). Few ...

Blockonomics Lets You Watch Your Wallets. Newsbtc Bitcoin Startups India.

Blockchain startups must understand requirements of investment banking No Comments

As blockchain technology continues to draw admirers from the banking sector, so is the demand that the startups based on the technology be willing to study the demands of the sector and work upon it. The latest to speak on the issue is Dr Lee Braine of the Investment Bank CTO Office at Barclays. Talking to ibtimes.co.uk he said that "I think if we are able, over time, to help encourage the e...

Blockchain can transform capital markets- Chairman of Australian Regulator. newsbtc bitcoin news.

Blockchain can transform capital markets: Chairman of Australian Regulator No Comments

Greg Medcraft, Chairman, Australian Securities and Investments Commission (ASIC) in a speech at Carnegie Mellon University underlined the importance of blockchain and how they can transform the capital market. In the speech, he cited four main points that he said, proved that blockchain has the capacity to help transform the capital market. Continuing in the same vein, the Chairman said tha...

So you think you can mine bitcoin in australia bitcoin group

Australian Regulator Prohibits Bitcoin Group from Promoting its IPO 1 Comment

Australian Securities and Exchange Commission (ASIC) has barred Bitcoin Group from publishing any statements regarding the initial public offering (IPO) of its shares. The reasons for issuing the this interim “stop order” however are not disclosed either on ASIC or the Bitcoin Group’s website. But by looking at the current standards of such an order, it can be said that the company was ei...