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NEXT BLOCK Conference “From Chaos To Clarity: 2019 Trends” • December 12, 2018

Bringing together over 350 participants and 20+ distinguished speakers, the Conference will hear from top blockchain experts looking into 2019…

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Tag: hashrate

More Than Half of all Circulating Bitcoin Parked in Whale Wallets

Category: Bitcoin, Commentary, Exchange, Finance, Mining, News, wallet

More Than Half of all Circulating Bitcoin Parked in Whale Wallets

Over 55 percent of bitcoins currently sit in wallets that have never made an outgoing transaction and have balances upwards of 200 coins, Diar reported on September 17, 2018. Whale-Sized Wallets Dominate the Market Long-term investors are keeping the faith in the king of cryptocurrencies despite the bears market in 2018, a data-crunching report from Diar showed. According to the…

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PoWx’s Optical Proof of Work May Solve two of Bitcoin’s Biggest Problems

Category: Bitcoin, Blockchain, Development, Mining, News, Tech

PoWx’s Optical Proof of Work May Solve two of Bitcoin’s Biggest Problems

With bitcoin becoming more competitive, a new organization looks to bring decentralization back to mining by renovating the Proof of Work (PoW) consensus algorithm that some miners have come to love. The premise, in short, hopes to replace energy costs with manufacturing costs. Miner Profitability and Environmental Concerns PoWx is the foundation behind a new algorithm called OPoW, or Optical…

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