CoinDesk Mining Roundup: Dividend Coins, Viper Updates and a CloudHashing Giveaway
In the past two weeks several key companies in the bitcoin mining space have released updates regarding their latest ASIC developments. These announcements are no doubt welcome news to customers eagerly awaiting the next upgrades to their mines. Academic interest in mining is also growing. New studies have come out dissecting various parts of the ecosystem, including an environmental report by researcher Hass McCook and one by security firm McAfee regarding the threat of mining botnets. Indeed, these signs raise a key question: will industrial mining be the next big thing for bitcoin....
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September is here, bringing cold air to many parts of the world that play home to bitcoin mines on both the hobby and industrial scale. If you're a home rig operator, you're no doubt looking forward to the day when you can turn down the air conditioning and let some of that cool fall air inside. This week's roundup takes a look at several corners of the mining community, from inside the new rig of a solar power-producing hobbyist to inside Bitmain's manufacturing facility. Alpha Technology releases update on Viper. The long-awaited Viper scrypt miner has reportedly moved closer to....
As the mining industry evolves, there are always new products and services hitting the market for enterprising cryptocurrency entrepreneurs. The competition between hardware manufacturers continues, with CoinTerra shipping its 5,000th unit and KnCMiner offering new incentives. Before ASICs came along, issues of power and cooling were not as much of a priority. Now, even the new Radeon, the most powerful graphics card to date, is not the least bit exciting to those interested in mining. But with data centres full of mining racks and malicious actors dropping cryptocurrency mining libraries....
Many have questioned the legitimacy of players in the Bitcoin enterprise and there is no doubt that some firms and individuals have blighted the industry with their actions. When it comes to Bitcoin mining, you want someone trustworthy, someone who knows what they’re doing, someone who has been in the business for a while. Someone like CloudHashing.com. CloudHashing is a US based company, governed by US laws and regulations, if that brings any piece-of-mind. I will start off with one of the biggest criticisms CloudHashing gets: its price. In December, I called CloudHashing to see how much....
PeerNova has raised $8.6m in new funding as it seeks to pivot from providing enterprise bitcoin mining infrastructure to enterprise blockchain software solutions. The Series A investment was led by Mosaik Partners. Former AOL CEO Steve Case and Crypto Currency Partners also participated in the round. Formed in May of this year, PeerNova is the result of a merger between mining companiesHighBitcoin and CloudHashing. HighBitcoin developed mining hardware, while CloudHashing still sells contracts for mining as a service. Emmanuel Abiodun, president and CCO for PeerNova, told CoinDesk that,....
CloudHashing, the first cloud Bitcoin mining company in the world, is further strengthening their market leadership by offering a record price for hashing power. “Our recent merger with the advanced hardware manufacturer HighBitCoin to form the company PeerNova allows us to do things no one else can in regards to volume of hashing power and price point,” said Lukas Gilkey of CloudHashing. PeerNova’s new PetaOne Blade features a custom 28nm chip with an industry leading power efficiency of 0.35W per GH/s. Said Lukas Gilkey. The mining contracts are set to go live in August and are 1 year in....