Coinatory

Bitmain company introduced the new Antminer Z11, the main feature of which is the ability to mine Zcash three times faster than in the normal version of the device. Also, the model consumes almost one and a half times less electricity. https://twitter.com/Antminer_main/status/1107885558292860928 The model is based on the Equihash algorithm, which provides more than 135 thousand calculations per second. With a weight of 5.4 kilograms, the device is easily transported, as it is enclosed in a convenient case. Also, the developers have created a convenient and functional interface for it, which means that the device can be quickly reconnected. Antminer s9 presented in October last year. Its main feature was the built-in algorithm ... Read more about " Bitmain unveiled new Antminer for Zcash " on coinatory.com

The American IT giant Intel has received a patent for the launch of a new cryptocurrency mining technology. The corporation received this patent last Tuesday from the US Patent and Trademark Office. In the explanatory note, it is noted that the new technology is designed to reduce energy consumption for Bitcoin mining. For the first time, the company announced the need to reduce energy costs during mining in March of this year. Then the corresponding application was sent to the Patent and Trademark Office to launch a new product. The company"s specialists suggest using the technology of the SHA-256 algorithm, which is used by the main cryptocurrency, for Bitcoin mining. Miners will receive a reward in the form of charging a ... Read more about " Intel received a patent for the energy-saving bitcoin mining technology " on coinatory.com

Bitmain, the Chinese giant of bitcoin mining, announced two new ASIC miners of the Antminer series, equipped with 7-nm chips. On her Twitter, Bitmain announced: https://twitter.com/BITMAINtech/status/1059636075243524098 According to the Cointelegraph, Bitmain CEO Jihan Wu said in his recent speech that the new chip combines “over a billion transistors” using a special technology with low power consumption. Recall that recently Bitmain announced the release of a firmware update with support for AsicBoost for all Antminer models, which, according to the company, should increase the "efficiency" of devices. ... Read more about " Bitmain announced the date of sale of 7-nm ASIC Antminer S15 and T15 " on coinatory.com

By the end of October 31, hardfork will be implemented in the Siacoin cryptocurrency network, which will allow updating its software to version 1.3.7. The coin development team announced hardfork on Twitter last Tuesday. At the same time, the release of the new software was announced. Leading cryptocurrency exchanges, including Binance, Bittrex, Upbit, Poloniex, HitBTC, LBank, Vebitcoin, Bitbns and OKEx, reported on the successful upgrade of the Sia network to the latest version. https://twitter.com/SiaTechHQ/status/1057307487664291841 Hardfork to take place on block 179,000, the team will announce the completion of the update on Twitter. Each holder of Siacoin, if they are stored in a wallet, must ensure that they are updated ... Read more about " Leading crypto exchanges support the Siacoin network fork " on coinatory.com

We all know one of the main principles of the cryptocurrency blockchain - transactions cannot be cancelled and once the funds are sent, there is no way to return them. Some people consider this as a major fault of cryptocurrencies in general and the reason why cryptocurrencies like bitcoin, should be never used as means of payment. But is it really so? The answer is, both "yes" and "no". Let"s use bitcoin as an example. There are actually some possibilities to make the bitcoin transaction cancelled. However, these methods are quite ... Read more about " Cheating at bitcoin. Cancelling transactions " on coinatory.com

After publishing an article "Watts Miners ASICs – a scam?" we received many confirmations that, in fact, people don"t receive their ASIC miners after making the payment. For example, you can check comments on that article and the information provided by APO Group in e-mail and announced on their website. We urge our readers to share this information with people who might possibly try to make a purchase of ASIC miner from Watts Miners Inc https://wminers.com/ to avoid further fraudulent actions. We ask representatives of the media that pu ... Read more about " Watts Miners - fraud confirmed! " on coinatory.com

Bitcoin Cash was created just a little over a year ago as a result of a hard fork amid a heated debate over the scaling of the original bitcoin. Gradually among fork developers began to grow disagreement over the further development of Bitcoin Cash. The recently released Bitcoin ABC client release was perceived by some representatives of the crypto community as the beginning of a real war in the development environment. However, some representatives of the Bitcoin Cash community categorically do not support these changes. Another ... Read more about " Conflict among Bitcoin Cash developers can split the cryptocurrency " on coinatory.com

We wrote an article recently about new ASIC miners by Watts Miners company. This ASIC miner looks "too good to be true" and it seems that these ASICs are scam. Thanks to the Twitter user Jeff Pietrzyk that pointed out some fishy things about Watts Miners: Pictures First of all, the pictures on the official website seem to be stolen. Here are few examples: It"s called WATTS MINI on the website. The second WATTS MINER can be easily identified as ASICMiner 8 Nano The third option is nothing more than four ASICMiner 8 Nanos co ... Read more about " Watts Miners ASICs - a scam? " on coinatory.com

The new ASIC-miner Innosilicon Terminator T2-Turbo is available to order at a price of 1.35 thousand US dollars. Shipment of the miners will start from August 15, the company"s website says. On Tuesday, the well-known manufacturer of ASIC-miners Innosilicon announced the release of a new bitcoin miner, developed in cooperation with Samsung. The performance of the miner significantly exceeds the performance of the previous model and competitors. Innosilicon Terminator T2-Turbo offers the highest current performance - 24 TH / s with a ... Read more about " T2-Turbo by Innosilicon ready for shipping " on coinatory.com

The Chinese manufacturer of ASIC-miners Bitmain announced the release of a new device Antminer S9j. Miner is more powerful than the previous model but cheaper in price. The previous bitcoin-miner model from Bitmain was Antminer S9i. It provided a 14 TH / s hash rate at an energy consumption of 1265 watts/hour, and was sold at a price of $ 654. The new machine is slightly more powerful: Antminer S9j provides a hash rate of 14.5 TH / s. At the same time, it consumes slightly more electricity - 1350 Wh / h. But the price of the miner is ... Read more about " Antminer S9j by Bitmain released " on coinatory.com

The Watts Miners company has released three innovative cryptocurrency miners, which support several algorithms and are easy to use. With their help, you can mine Bitcoin, Litecoin, Ethereum, Monero and Dash. Three new miners called Watts Mini, Watts Miner and Watts Rack use ASIC technology and several mining algorithms. According to experts, the miners will pay off in just a month! They differ from competitors in low power consumption and high hashrate. Before the sale, all devices were tested under various extreme conditions and were ... Read more about " Watts Miners - single miner for multiple algorithms " on coinatory.com

Not so long ago, the largest miners manufacturer Bitmain started shipping the first batch of Antminer E3, as a competitor in the face of Innosilicon introduced its ASIC-miner for the Ethereum. The name is A10 ETHMaster and the device is available in three versions: 365, 432 and 485 MH / s. Judging by the prices, that are 3800, 4400 and 5000 USD respectively, the device looks quite attractive. The whole fault is the claimed power consumption of ASIC-miners because A10 ETHMaster consumes only 650, 740 and 850 watts. If we take a ... Read more about " A10 ETHMaster ASIC-miner for the Ethereum by Innosilicon " on coinatory.com

The profitability of crypto mining falls, which translates into a decline in demand for equipment, for example, top-end video cards. Our sources confirm that prices for GPUs may fall by 20% within the next month. In the Asian news source, DigiTimes noted a sharp decline in demand for mining equipment. Cryptocurrency mining was one of the main trends of the year, so the hashes of networks grew at a tremendous rate. The net of the Ethereum network, the second largest cryptocurrency in the world, has grown more than 25 times over the past ... Read more about " ASICs and the price drops are killing GPU mining " on coinatory.com

How the creators of cryptocurrency struggle with the manufacturers of ASIC chips, designed to make a quick earning of digital money, and what problems arise in this case. Specialized processors (ASIC), bring their developers billions of dollars. However, their use has split the crypto community. Why does this technology cause rejection among ordinary members of the crypto community and the founders of cryptocurrencies? Application of ASIC for mining allows receiving higher incomes in the cryptocurrency for each dollar invested. But the ... Read more about " Crypto wars. ASIC resistance " on coinatory.com

June 2 ZenCash (ZEN) has experienced an attack of 51%. This was reported by the development team. More recently, ZEN has been listed on the largest Binance exchange. ZenCash is one of ZClassic forks (ZCL), and this coin can be mined on ASIC-miners. The team immediately took steps to mitigate the consequences. Customer funds are not affected, but the attacker managed to launch two large double spend transactions. The team urged all exchanges where ZEN is quoted to increase the number of confirmations to 100 to prevent the end of the ... Read more about " Next victim of the 51% attack - ZenCash " on coinatory.com

Fears that quantum computing will make the blockchain technology useless, are overexaggerated. This opinion was expressed by the representative of the American Institute of Economic Research Jeffrey Tucker in the article "The Threat to Bitcoin from Quantum Computing". In his opinion, this fear is based on ignorance and panic moods. The fundamental characteristic of blockchain technology, he believes, is the solution of problems through crowdsourcing, including security threats associated with quantum computing. Tucker emphasizes that ... Read more about " Quantum computer "not deadly" for bitcoin " on coinatory.com

An Ethereum developer has opened an Ethereum Improvement Proposal (EIP) to discuss whether the community should modify its Ethash mining algorithm to maintain ASIC resistance. EIP 958, posted on GitHub by Ethereum core developer Piper Merriam, formally proposes that improved ASIC resistance be implemented into the network’s instance of Ethash, a Proof-of-Work (PoW) consensus algorithm. “I believe it is the accepted wisdom that ASIC based mining leads to increases [in] centralization when compared to GPU mining,” Merriam wrote. The EIP is ... Read more about " Ethereum Developer Opens EIP to Discuss ‘Bricking’ Ethash ASIC Miners " on coinatory.com