Trial Date Set In Critical ICO Case, Judge Weighs Legal Classification Of Cryptocurrencies

By | May 9, 2018

Trial Date Set In Critical ICO Case, Judge Weighs Legal Classification Of Cryptocurrencies In a criminal case involving two allegedly fraudulent initial coin offerings (ICOs), a jury trial is set for January 2019. However, the judge presiding over the case has not yet ruled on the defense’s motion to dismiss, which argues unconstitutional vagueness and a lack of… Read More »

Revenues Down, Hashrates Up: 2018 Mining Outlook By The Numbers

By | May 3, 2018

Revenues Down, Hashrates Up: 2018 Mining Outlook By The Numbers Bitcoin (BTC) mining may well be the lifeblood of the cryptocurrency but the industry is in a constant state of flux for a number of reasons. 2017 was a banner year for cryptocurrencies in general, but Bitcoin was the standout as it soared to an all-time high of… Read More »

ASIC Resistance: Will Ethereum Join Monero Against the Mining Giant?

By | May 1, 2018

ASIC Resistance: Will Ethereum Join Monero Against the Mining Giant? The crypto community is bracing for a real revolution – leading cryptocurrencies may abandon the Proof-of-Work (PoW) algorithm. The reason is the far-reaching game of mining giant Bitmain, which is building up its monopoly on the market by stamping out new ASICs for top coins. This concerns not… Read More »

Manufacturers of mining equipment report record profit growth

By | April 29, 2018

Manufacturers of mining equipment report record profit growth The demand for mining equipment has become one of the reasons for the enormous profit growth both of AMD video cards producer and of Samsung chips manufacturer. Cryptocurrency mining demand accounted for as much as 10% of AMD’s first-quarter revenue this year, AMD reported. “The strength in Radeon products was… Read More »

GPUs And ASICs – A Never Ending Battle For Mining Supremacy

By | April 18, 2018

GPUs And ASICs – A Never Ending Battle For Mining Supremacy Since Bitcoin’s inception in 2009, cryptocurrency mining has been popular both for average enthusiasts and hardcore fanatics. In the early days there was no such thing as an application-specific integrated circuit (ASIC), which are more commonly known as ASIC chips. Mining was first done with regular Central… Read More »