4 Crypto Tokens Reap Hashpower From The Merge, ETC Secures Most of the Hashra...
20 days ago, a poll was shared on Twitter asking miners where they planned to dedicate their hashrate, after The Merge transitions Ethereum into a proof-of-stake (PoS) blockchain. The proof-of-work (PoW) contenders at the time were tokens like ravencoin, ergo, flux, and ethereum classic. When the poll concluded, flux and ravencoin outpaced the pack in votes, but reality shows ethereum classic has been the main beneficiary of hashrate so far. Twitter Poll With More Than 10,000 Votes Chooses Flux, While Ethereum Classic Ends up Reaping the Benefits Stemming From The Merge Ethereum....
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The upcoming ETH Merge remains a highly anticipated and hyped event in the crypto space. Also, it has created different reactions and beliefs among institutional participants. The Merge is a transition to a Proof-of-Stake consensus mechanism from Proof-of-Work. Also, the scheduled launch date is on September 15, 2022. However, as the date for the Merge […]
September 22, 2020 – Global Hash Power Exchange today announced the launch of GHPEX.com, the world’s first crypto exchange devoted to trading hashpower futures, signaling the next evolution of crypto trading. Designed for traders and miners in mind, GHPEX.com offers traders the ability to increase their leverage to take short and long positions, earning higher returns, and for miners to mitigate risk through selling future contracts at attractive prices. Although a relatively new commodity in the trading world, hashpower is the essential component necessary for mining both....
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,....
Merged Mining. Merged mining works by solving for hashes which are valid across multiple blockchains. The best-known example of merged mining is Bitcoin / Namecoin, a simple explanation of which can be found here. As Namecoin cloned the SHA256 method employed by Bitcoin, a miner's hash could solve a block on either chain with equal probability. Of course, this equal probability demands both blockchains be of equal difficulty. Namecoin's difficulty was driven far higher than its value by maintaining merged mining through linkage to Bitcoin's difficulty. But it seems a new type of pool has....
A single miner has managed to overtake a large portion of the Bitcoinsv (Bitcoin Satoshi’s Vision) blockchain capturing more than 80% of the hashrate on October 17. Today, the unknown miner’s hashpower commands around 54% of the Bitcoinsv’s computational power and during the last seven days, the stealth miner captured 64.5%.
Unknown Hashpower Captured 64% of the Bitcoinsv Chain During the Past 7 Days, Empty BSV Blocks Renders Chain Useless at Times
Bitcoinsv (BSV) has been dealing with an unknown miner trolling the project by mining empty blocks, and....