Category: N-Technology
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Russian Bitcoin Mining Granny Is Bullish on the Industry’s Future
A residential block of red bricks stretches unambitiously under the freezing sky of Irkutsk, in the Russian province of Siberia. Inside, a series of small bitcoin mining machines are running on cheap electricity, as grandmother Valeriya’s family of domestic miners, a bullish bunch, stack up a potential fortune for the future. Also read: Skeptical Payoneer CEO…
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German Startup Devises Eco-Friendly Energy-Efficient Miners
Azultec is a company that has been researching current mining solutions as part of its project to create an efficient alternative with high computing power and low energy consumption. Its Cube devices are silent mining rigs that can be installed in living rooms. The miners can also use renewable energy and are designed to reuse…
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Samsung Files UK Trademark for Smartphone Crypto Wallet
Electronics manufacturer Samsung has filed a trademark that suggests it may be considering integrating a cryptocurrency wallet into its smartphones. The filing, submitted to the U.K.’s Intellectual Property Office (IPO) on Dec. 27, reinforces reports that emerged earlier this month claiming that cryptocurrency integration was on Samsung’s agenda. Also read: Influential Politicians Are Advocating Crypto Around…
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The 2018 Bitcoin Mining Ecosystem Saw Record Hashrates and New Devices
2018 was a crazy year in regard to the price of cryptocurrencies losing more than 80 percent of their values since they touched all-time highs. Interestingly enough, even though the prices of major digital assets plummeted, the hashrate for SHA-256 coins skyrocketed during the months of August through October. Although the hashrate has declined significantly…
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Japan’s GMO Quits Manufacturing and Selling Mining Machines
Japanese internet giant GMO has announced that it will no longer develop, manufacture, and sell cryptocurrency mining machines. The company will, however, continue to mine in-house but will relocate its mining center to a region with cleaner and less expensive energy. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations Exiting the…
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Private Blockchains Have Few Applications, Study Finds
Despite all efforts, so far businesses haven’t been able to come up with significant applications for private, centralized blockchains as opposed to public distributed ledgers, a new study shows. According to the authors, in most cases corporate blockchain networks are used mainly for database verification and transactions auditing. Also read: Poll Shows 13% of Russians…
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Bitcoin Cash Payment API Gateway.cash Adds a Variety of New Features
Last October, news.Bitcoin.com reported on a new Bitcoin Cash (BCH) payment processor called Gateway.cash. Since then the Gateway developers have added a variety of features to the BCH platform like instant web-sockets, custom audio, and client-side callbacks for real-time applications. Also read: How to Spend and Give Bitcoin Cash Over the Holidays After the BCH Split…
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BCH-Powered Bookchain Aims to Protect Literature From a Dystopian Future
A good portion of cryptocurrency supporters are against purging important information and many of them hope that blockchain technology will help boost censorship resistance. A new project in the works called Bookchain aims to record essential books on the Bitcoin Cash (BCH) chain so the written words cannot be silenced, banned, or purged. Also read: A…
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Consensys’ Wild Ideas and Squandered Funds Has Led to Major Layoffs
Ethereum incubator Consensys is to cut 50 to 60 percent of its employees. The blockchain software company has already laid off 13 percent of its workforce in order to survive the bear market. According to one source, lack of product, wild ideas and an inability to sell technologies has made Consensys’ position financially precarious. As a result, Consensys…
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Cashy Web Application Boosts Script Contracts in Bitcoin Cash
The creators of the Simple Ledger Protocol have released a new tool for Bitcoin Cash (BCH) programmers called Cashy. The toolbox allows developers to program script contracts and a wide variety of programmable money applications using the BCH network. Also read: Hash Wars: BCH Proponents Face a New Dawn in the Battle’s Aftermath Cashy: A Web…