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Monero Hard Fork Appears Successful As Devs Shun Bitmain’s ASIC Miners

3 weeks ago kakp2 Comments Off on Monero Hard Fork Appears Successful As Devs Shun Bitmain’s ASIC Miners
Users of anonymity-focused altcoin Monero (XMR) continue to wait with baited breath after the cryptocurrency hard forked Friday, April 6. In an attempt to protect the cryptocurrency against ASIC miners, the altcoin’s developers successfully completed the transfer to version 7 of Monero, creator Riccardo Spagni confirming the move in typically tongue-in-cheek style on social media: Read More

China Mining Co. Bitmain Shows Higher 2017 Profits Than US GPU Giant Nvidia, Report Finds

2 months ago kakp2 Comments Off on China Mining Co. Bitmain Shows Higher 2017 Profits Than US GPU Giant Nvidia, Report Finds
Chinese mining hardware giant Bitmain has reportedly made higher profits in 2017 than long time American graphics processing unit (GPU) manufacturer Nvidia, CNBC reported Feb. 23. CNBC writes that according to a report published Feb. 21 from investment research company Bernstein, the four-year-old Bitmain reportedly made between $3 and $4 billion in operating profit in Read More