Is Ethereum at risk of a 51% attack?
Before we get into the issue a 51% attack on a cryptocurrency , we should discuss what exactly is a 51% attack. It is a dreaded attack (thought to be unlikely until recently, though...
Tagged: mining
Dogecon 2018: Vancouver
Such Wow! Much Conference! Amongst the sea of self serving blockchain conferences, and large scale multi-million dollar Internet of Things conferences and expo’s, was a refreshing Dogecon held in Vancouver that captured the heart...
Who Created & Spying On Your Bitcoin?
Key Points In This Article: Who Created Bitcoin? “Satoshi Nakamoto”? The code: The ECC was shown by the Edward Snowden leaks to already be ‘compromised’ or ‘invented’ by the NSA, there was no mention...
The Dark Web Bust
2000 Bitcoins, Hard Cash & Gold Bars I think we can lay rest the claim that Bitcoin is used for crimes only, considering cash and gold bars (fiat system) seems to be thriving in...
Bitcoin Energy Usage Less Than Fiat
Bitcoin and similar algorithms that rely on PoW or mining are notorious for being power hungry, wasteful and unsustainable. Many argue that in reality the fiat system as a whole still uses more energy...
Google’s Co-Founder Sergey Brin Says Ethereum Mining Driving Computer Boom and Renaissance
This is very striking to me in that I find the statement makes no sense and with one word “SETI”. SETI didn’t set off a computing revolution and still has limited participation. SETI which...
Nano AKA Raiblocks XRB and Bitgrail Scam $150M Lost!
A good friend of mine asked me about Nano and I honestly haven’t paid much attention to it. I didn’t even know what it was until I realize it was recently rebranded from Raiblocks...
Ethereum Developers Consider Bricking Bitmain’s Antminer ETHash Based ASIC
ETHash has always been considered “ASIC resistant” which is that the made algorithm so it wouldn’t be easy to make an ASIC for it like SHA-256 for Bitcoin, Scrypt for Litecoin and others. This...
Bitmain Reportedly Creates an Ethereum ETHash and Cryptonight Monero ASIC Miner
Some analysts on Wallstreet are claiming this and I would say it is likely credible seeing as how a Cryptonote Miner is being sold on their site now. 1. Hashing algorithm: CryptoNight Power consumption:...
First Bitcoin Mining Arrest
In this case a Florida government employee was arrested for “mining Bitcoin”. But there’s more to the story that is probably missing or inaccurate. Many people use work resources to mine but this case...
