Bitmain reportedly cuts off funding to Bitcoin Core developers
Bitcoin Core touts itself as a direct descendant of Satoshi Nakamoto's original Bitcoin software client. Bitmain, one of the world’s largest Bitcoin (BTC) miner producers, has reportedly halted its funding for some primary developers maintaining Bitcoin-related software.Jonas Schnelli, a major Bitcoin Core contributor and maintainer, claimed that Bitmain halted its support after funding his efforts for more than three years. In a Dec. 1 tweet, Schnelli said that he lost his sponsorship from Bitmain alongside Joao Barbosa, another Bitcoin Core contributor also known under the “promag”....
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The Coinbase Crypto Community Fund was awarded to João Barbosa and another pseudonymous developer. Digital currency exchange Coinbase has awarded its first-ever Bitcoin Core developer grants, and a familiar name is among the recipients.João Barbosa and 0xB10C, the alias of a pseudonymous developer, were selected winners earlier this week. Although the funding amounts weren’t revealed, Coinbase said both developers will “be funded to work on Bitcoin for all of 2021” in amounts payable via BTC or USD. As Coinbase states:Both candidates demonstrated a consistent history of contributing to....
A major North American blockchain hosting provider announced its expansion by ordering over 58,000 additional S19 Series Antminers, as part of an agreement arranged with the Chinese mining hardware manufacturer. US Contract Miner Core Scientific Arranges Purchase of Over 58,000 Bitmain S19 Antminers According to the announcement, Bitmain’s deal expects to facilitate Core Scientific customers’ purchases through September 2021. The purchase agreement will bring total purchases to 76,024 next-generation bitcoin (BTC) miners, the S19 and S19 Pro Antminers for the past 16 months,....
Could Bitmain be driving the latest spikes of hashing growth with Antminer S3s? With the imminent release of the much anticipated Antminer S3, Bitmain has pushed out 4.8 ph/s to their private AntPool. Officially they are saying that S2's and some large private customers are driving up the hash rate in the pool there are many who are speculating that it is the initial testing of the S3s as well. All told, with the amount of Antminer S1 and S2 sales Bitmain units sold in the past months, Bitmain is estimated to be powering 20% of the total network. Recently Bitmain announced the upcoming....
Bitmain, one of the largest application-specific integrated circuit (ASIC) manufacturers in the world, is reportedly working with the Taiwan Semiconductor Manufacturing Company (TSMC) in order to leverage TSMC’s 5nm semiconductors. Industry sources say that the 5nm chips being created for Bitmain will start production in the third quarter. Chip Maker TSMC Reportedly Producing Semiconductors for the Mining Rig Manufacturer Bitmain Faster bitcoin mining rigs manufactured by Bitmain may be coming at the end of 2021 or possibly next year. A recent report published by digitimes.com says....
Bitcoin Core developers and leading mining firms have come to a consensus on the block size debate. On February 21, 2016, representatives of the Bitcoin industry and Bitcoin Core developers have finally come to a consensus to settle the never-ending block size debate. The meeting was participated by Bitcoin Core developers and representatives of leading bitcoin mining firms and exchanges including Antpool, BitFury, Bitmain, Bit-X, Blockcloud, BTCC, BW, Coinfloor F2Pool, Genesis Mining, HaoBTC, Huobi, Ledger, OKCoin and Spoodoolies-Tech. All representatives of the abovementioned companies....