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Showing posts with the label Bitcoin Gold

Watch the 51% attack live! You are invited!

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On Oct 13, 3:00 CDT, 4:00 EDT 1:00 PST I"m going to do a 51% attack against the cryptocurrency Einsteinium Such a statement was posted by the anonymous hacker. He is going to gain control of the huge share of the altcoin hashrate to demonstrate how easy it is. Hacker, speaking under the name piracy1, promises to broadcast the event live on this link. Over the past three months, 51% have undergone a series of altcoins, including Bitcoin Gold and Verge, and the latter did not hold out twice. Now, the Einsteinium (EMC2) has come to the ... Read more about " Watch the 51% attack live! You are invited! " on coinatory.com

Bitcoin Gold to be delisted by Bittrex

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The altcoin team did not reimburse the trading platform for the losses it incurred because of the attack on the network of this bitcoin fork. The BTG markets (BTC-BTG, ETH-BTG and USDT-BTG) will be delisted and removed on September 14th, 2018 The Bittrex Exchange will remove the opportunity to trade with the Bitcoin Gold coin on September 14. The company explained this by saying that the developers of the altcoin refused to compensate for the loss of the trading platform that it suffered as a result of the attack on the coin ... Read more about " Bitcoin Gold to be delisted by Bittrex " on coinatory.com

Bitcoin Gold will switch to a new algorithm

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Recently sales of "iron" miners for the algorithm of Equihash - Bitmain Z9 mini and Innosilicon A9 Zmaster have started, and now the production of cryptocurrency on this algorithm with the help of the usual video cards became unprofitable. Developers of cryptocurrency ZCash, it seems, are not against this state of affairs, but not all share this view. For example, the developers of the rather popular Bitcoin Gold coin (BTG) are going to switch to a new algorithm called Equihash-BTG, which will be a modified and protected version of the ASIC ... Read more about " Bitcoin Gold will switch to a new algorithm " on coinatory.com

Hacker Made Over $18 Million in Double-Spend Attack on Bitcoin Gold Network

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An unknown hacker performed 51% attack of Bitcoin Gold"s cryptocurrency network and managed to assign over 18 million dollars to BTG (Bitcoin Gold), through double spending. According to the post at the Bitcoin Gold forum, hacker attacks began last Friday, May 18th. The hacker used a large number of servers to gain control over half of the hashrate, carrying out a so-called 51% attack. 51% of the network"s power allowed the hacker to change the details of the blockchain transactions and make a second attack of "double spend", which ... Read more about " Hacker Made Over $18 Million in Double-Spend Attack on Bitcoin Gold Network " on coinatory.com