Terminator Rumors of Miner Mutiny Make ‘Corexit’ a Trending Topic
June 30 was an exciting day in the Bitcoin space as a post from 8btc.com called the “Terminator Plan” alleged that a majority of Chinese mining pools and facility operators are upset with the Core developing team. As the news spread like wildfire, a new slogan was created: “Corexit.” Will the Terminator Be Back? It seems a vast array of miners within the....
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At the start of July, rumors of a “Terminator Plan” shook the Bitcoin community to its core, creating talk of mutiny among Chinese bitcoin miners, forcing Bitcoin Core out of the picture. This dramatic addition to the long-running Bitcoin block size debate calls into question whether there is a better way to administer governance of a digital currency. As CoinDesk reported in December, the “second Scaling Bitcoin conference [in Hong Kong] was to highlight an ‘emerging consensus’ on the challenges facing the bitcoin network,” however the day’s panels “served mostly to highlight the....
Innosilicon A2 Terminator Scrypt ASIC. On 4/20/14, Innosilicon announced sales of their A2 Terminator Scrypt ASIC on Bitcointalk and their website. Innosilicon is not a newcomer to the ASIC mining realm, by any means. They have previously completed the design and fabrication, through Global Foundries, of an A1 CoinCraft SHA-256 ASIC chip that was used in many cheap, ready-to-ship miners out of China in recent months. From their A1 chips revenue, Innosilicon was able to manufacture these A2 Terminator Scrypt ASIC chips without crowdfunding through preorders, as many competitors have.....
Binance, one of the largest cryptocurrency exchanges worldwide, has reached a trending topic status in the Twitter social network sphere in Venezuela. The trend before the weekend, shows just how important cryptocurrency topics are for the citizens of the country at the moment. Cryptocurrencies are extremely useful tools for Venezuelans to save their purchasing power and Binance is currently the most popular exchange in the country due to its robust peer-to-peer market. Interest in the company and its services has been peaking in the country. Binance Becomes Trending Topic in Venezuela To....
Well here's the surprise of the century. Not long ago, Bitcoin was trending on Chinese search engine Baidu. And then it was trending on Yahoo. It didn't end there, though. It began to trend on Google, too. But now, the very topic of Bitcoin is trending on Wikipedia (see above image, via Reddit). With over 137,000 views today, it's put in second place right behind Halloween. That's pretty impressive. That makes the cryptocurrency a more popular read than, say, Boston Red Sox, Facebook, and Eminem's new album on the online encyclopedia. Pretty impressive. Oh, and Happy Halloween!
Empty blocks have turned into a controversial topic in the Bitcoin community over the past few months. This renewed attention on the topic has been sparked by the number of nearly-empty blocks mined by Antpool recently. An empty block is one that only contains a coinbase transaction. This may seem counterproductive, but there are incentives in place that make mining empty blocks a practical endeavor from the perspective of a miner. Why Do Miners Mine Empty Blocks? According to Bitcoin Core contributor Matt Corallo, there are three main reasons as to why empty blocks have been mined in the....