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BlockchaINVEST • January 7 - March 11, 2019

At BlockchaInvest, international blockchain companies and crypto projects looking to raise capital meet local investors and fund managers in a…

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Tag: mining pool

Commercial Cryptocurrency Mining Could Push Bitcoin Towards a 51 Percent Attack

Category: Altcoins, Bitcoin, Blockchain, Ethereum, Mining, News

Commercial Cryptocurrency Mining Could Push Bitcoin Towards a 51 Percent Attack

It is common knowledge that mining is becoming less profitable for smaller operations. Miners that have set up small to medium scale mining infrastructure are quickly finding out the infeasibility of their operation due to electricity costs and a declining market. Cost of Bitcoin Mining for Small Users To ensure profitability, miners have to buy more powerful hardware chips. However,…

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Ethereum Announces Bounty for Open-Source Mining Pool Software

Category: News, Tech

Ethereum Announces Bounty for Open-Source Mining Pool Software

Ethereum has announced a new mining pool bounty to provide a level playing field when it comes to open-source pool mining software. As seen by the hashrate distribution graph below there’s a large gap between proprietary pool software (with almost half of Ethereum’s network hashrate being contributed by dwarfpool) and open source software, giving miners an unfair advantage when using…

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