Cryptocurrency mining giant Bitmain has published a firmware update that allows bitcoin miners to activate “overt AsicBoost,” a technological upgrade that provides significant cost savings over conventional mining setups. Bitmain Firmware Enables Overt…
Samsung is producing ASIC chips for upstart mining hardware manufacturer Halong Mining, at least according to one mining rig distributor. On Tuesday, online mining rig retailer MyRig tweeted a picture of a wafer, a thin slice of semiconductor material …
Peter Todd, backed by Matt Corallo, has proposed hard-fork changes to the bitcoin network to make “useless” patent pending algorithmic improvements which give mining an Asicboost of 20%, leading to increased profits of some $30 million if used by one of the biggest mining pools. In a striking post to the bitcoin mailing list, Todd […]
The post Bitcoin Core Threatens a Hard Fork over Asicboost Mining Optimization appeared first on CCN: Financial Bitcoin & Cryptocurrency News.