Indian Bitcoin Mining Pool GBMiners Obtains 5% Hashpower
GBMiners, a Bitcoin mining pool which mined its first block in August, now stands to be one of the most competitive mining pools in Bitcoin sector. India is not exactly a bright place when it comes to hosting Bitcoin mining operations, but a young startup is hoping to fight the odds for good. GBMiners, a Bitcoin mining pool which mined its first block in August, now stands to be one of the most competitive mining pools in Bitcoin sector. At press time, it has obtained over 5% in hashpower, and is willing to walk more miles with its impressive business plan. In a conversation with NewsBTC,....
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On October 21, the bitcoin mining pool operator Titan revealed a new decentralized hashpower routing protocol called Lumerin. The open-source project aims to commodify bitcoin’s hashpower “through smart contracts, making hashpower tradable.”
Bloq’s Mining Arm Titan Announces the Lumerin Protocol
The bitcoin mining operation Titan, a subsidiary of the company Bloq Inc., has announced its decentralized hashpower routing protocol, “Lumerin.” Titan says that bitcoin mining companies “tend to be concentrated in regions that offer cheap....
Roughly two weeks ago, ViaBTC, a relatively new bitcoin mining pool that launched earlier this summer, garnered some attention on social media due to the announcement that they’re currently testing Bitcoin Unlimited, which is a software client that allows users to signal support for hard fork induced changes to Bitcoin’s block size limit. Although the mining pool was only launched this summer, it has already gained enough hash rate to become the fifth largest pool. Bitcoin Magazine recently reached out to ViaBTC CEO and founder Haiyang to find out more about this relatively unknown player....
The hashpower behind the Bitcoin network has continued to stay above the 180 exahash per second (EH/s) zone after recently reaching a lifetime high. Five months ago the hashrate tapped a low at 69 EH/s and since then, the hashpower has increased by 163% during the last 178 days, or five months ago.
Bitcoin Hashrate Continues to Run Hot at End of Year Following China’s Crackdown on Bitcoin Mining This Past Summer
Miners dedicating SHA256 hashpower to the Bitcoin blockchain have been keeping the processing power above 180 EH/s. At the time of writing on December 23,....
BTC.com has launched a new, open source bitcoin mining pool. Out of the gate, the pool seems to have some advantages in the pool sector of the mining industry. They have iOS and Android apps ready from launch, but the highlight is the efficient system underneath the platform. The New BTC.com Mining Pool. The mining pool’s software monitors other pools and blocks in real time, allowing miners to quickly move to a new block when one gets solved by another pool. This extra efficiency should result in solving more blocks overall from the pool’s hash power. BTC.com’s large distribution of nodes....
The publicly listed Canadian bitcoin mining operation Bitfarms has announced the firm is purchasing 48,000 Microbt Whatsminer mining rigs in order to expand capacity. Bitfarms highlights the acquisition of new miners will up the company’s hashpower by approximately 5 exahash per second (EH/s). Bitfarms to Acquire 48,000 High-Powered Bitcoin Miners from Microbt The Canadian bitcoin (BTC) mining company Bitfarms (TSXV:BITF, OTC:BFARF) announced on Tuesday the company has entered an agreement where it plans to purchase 48,000 mining rigs manufactured by Microbt. The China-based firm....