Ethereum Miner Linzhi Calls Out Project Coders for Proposed ASIC Ban

Shenzhen-based miner manufacturer Linzhi has published a statement in response to a “tentative” decision, made by ethereum developers Friday, to block specialized hardware, or ASICs, from securing the platform in exchange for rewards. This would involve the implementation of “ProgPoW” in an upcoming upgrade, a code change that is optimized for graphic card, or GPU, hardware. […]

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E-Commerce Giant DMM Quits Cryptocurrency Mining Business

Japanese e-commerce giant DMM.com is reportedly in the process of winding down its cryptocurrency mining business, less than a year after it set up the operation. A news report from Nikkei on Dec. 30 said DMM made the decision to withdraw from mining in September 2018 as the overall cryptocurrency market slump led to deteriorating profitability […]

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Crypto Analyst: Shutdown Of Bitmain’s Mining Operations Isn’t A “Big Deal”

While Bitmain has made forays into artificial intelligence and other budding markets, at heart, Bitmain is a Bitcoin– and crypto-centric mining startup. So, it should come as no surprise that industry participants were shell-shocked when hearsay arose that Bitmain was poised to shutter a number of its mining-related ventures. However, one crypto analyst has claimed […]

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