#proofofwork — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #proofofwork, aggregated by home.social.
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O que é Mineração Combinada (Merged Mining)?#Criptomoedas #Cryptocurrency #Bitcoin #Blockchain #Ethereum #Litecoin #mergedmining #MineraçãoCombinada #miningpools #ProofofWork A mineração combinada é uma prática que permite que uma criptomoeda aproveite a segurança de outra rede sem comprometer sua própria. Isso é feito ao inserir hashes de uma blockchain em outra, aumentando a eficiência e segurança de ambas as ...
https://escolatrader.net/o-que-e-mineracao-combinada-merged-mining/?fsp_sid=37454 -
Got my latest beast of a machine - Bitmain Antminer S21+ HYD - 338 TH/s Bitcoin ASIC miner installed yesterday which brings my total #Bitcoin hashrate to 578 TH/s ... FUCK YEAH!!! ... 😎
#BitcoinMining #HashRate #ASIC #ProofOfWork #PoW #Bitmain #Antminer
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Ich habe einen total diversifizierten Musikgeschmack. 🎶🎸🎼🎹💻💿📱💃🕺🪩
An machen Tagen höre ich tiefe Lieder wie #TimBenzko „Nur noch kurz die Welt retten“ https://open.spotify.com/track/0Wq6whEjKeAAUi4nEim1DA?si=uNSONC43Qg2c_CzGuZgR4A
An anderen von meinem #Aeon Freund #undy_aeon das hier: https://open.spotify.com/track/1RZHyxt2Gyi6wAyOCNs2o4?si=o0o6xOuATOuPpqOpHQ0kWg
Wie findet ihr das?
#SPX6900 #Cognisphere #ProofOfHuman #ProofOfWork #ProofOfInfrastructure
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Ich habe einen total diversifizierten Musikgeschmack. 🎶🎸🎼🎹💻💿📱💃🕺🪩
An machen Tagen höre ich tiefe Lieder wie #TimBenzko „Nur noch kurz die Welt retten“ https://open.spotify.com/track/0Wq6whEjKeAAUi4nEim1DA?si=uNSONC43Qg2c_CzGuZgR4A
An anderen von meinem #Aeon Freund #undy_aeon das hier: https://open.spotify.com/track/1RZHyxt2Gyi6wAyOCNs2o4?si=o0o6xOuATOuPpqOpHQ0kWg
Wie findet ihr das?
#SPX6900 #Cognisphere #ProofOfHuman #ProofOfWork #ProofOfInfrastructure
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🚨 PROOF OF CONCEPT: GPU-NIP13-Miner
PoC demonstrating GPU makes NIP-13 proof-of-work unviable.
GPU bots are 50x+ faster than CPUs:
• CPU: 1.18M/s
• NVIDIA GPU: 60M/sAny GPU bot has massive advantage over CPU users, making NIP-13 ineffective as anti-spam.
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🚨 PROOF OF CONCEPT: GPU-NIP13-Miner
PoC demonstrating GPU makes NIP-13 proof-of-work unviable.
GPU bots are 50x+ faster than CPUs:
• CPU: 1.18M/s
• NVIDIA GPU: 60M/sAny GPU bot has massive advantage over CPU users, making NIP-13 ineffective as anti-spam.
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🚨 PROOF OF CONCEPT: GPU-NIP13-Miner
PoC demonstrating GPU makes NIP-13 proof-of-work unviable.
GPU bots are 50x+ faster than CPUs:
• CPU: 1.18M/s
• NVIDIA GPU: 60M/sAny GPU bot has massive advantage over CPU users, making NIP-13 ineffective as anti-spam.
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🚨 PROOF OF CONCEPT: GPU-NIP13-Miner
PoC demonstrating GPU makes NIP-13 proof-of-work unviable.
GPU bots are 50x+ faster than CPUs:
• CPU: 1.18M/s
• NVIDIA GPU: 60M/sAny GPU bot has massive advantage over CPU users, making NIP-13 ineffective as anti-spam.
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🚨 PROOF OF CONCEPT: GPU-NIP13-Miner
PoC demonstrating GPU makes NIP-13 proof-of-work unviable.
GPU bots are 50x+ faster than CPUs:
• CPU: 1.18M/s
• NVIDIA GPU: 60M/sAny GPU bot has massive advantage over CPU users, making NIP-13 ineffective as anti-spam.
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🚨 PROOF OF CONCEPT: GPU-NIP13-MINER
I've just released a proof of concept that demonstrates how GPU usage can make NIP-13 (proof-of-work) completely unviable.
Bots using GPU are over ONE ORDER OF MAGNITUDE faster than CPUs:
📊 BENCHMARKS:
┌─────────────────────────┬──────────────┬─────────────┐
│ Hardware │ Kernel │ Performance │
├─────────────────────────┼──────────────┼─────────────┤
│ CPU (i5-9500T) │ default │ 1.18M/s │
│ Intel GPU (UHD 630) │ default │ 2.67M/s │
│ NVIDIA GTX 1660 Ti │ ckolivas │ 60.15M/s │
│ NVIDIA Quadro P2200 │ ckolivas │ 45.01M/s │
└─────────────────────────┴──────────────┴─────────────┘
A mid-range NVIDIA GPU is ~50x faster than a modern CPU.
This means any bot using GPU will have a massive advantage over normal users on CPU, making NIP-13 ineffective as an anti-spam mechanism.
🔗 Repository: https://github.com/girino/gpu-nip13-miner
#NIP13 #Nostr #ProofOfWork #GPU #Mining #OpenCL -
🚨 PROOF OF CONCEPT: GPU-NIP13-MINER
I've just released a proof of concept that demonstrates how GPU usage can make NIP-13 (proof-of-work) completely unviable.
Bots using GPU are over ONE ORDER OF MAGNITUDE faster than CPUs:
📊 BENCHMARKS:
┌─────────────────────────┬──────────────┬─────────────┐
│ Hardware │ Kernel │ Performance │
├─────────────────────────┼──────────────┼─────────────┤
│ CPU (i5-9500T) │ default │ 1.18M/s │
│ Intel GPU (UHD 630) │ default │ 2.67M/s │
│ NVIDIA GTX 1660 Ti │ ckolivas │ 60.15M/s │
│ NVIDIA Quadro P2200 │ ckolivas │ 45.01M/s │
└─────────────────────────┴──────────────┴─────────────┘
A mid-range NVIDIA GPU is ~50x faster than a modern CPU.
This means any bot using GPU will have a massive advantage over normal users on CPU, making NIP-13 ineffective as an anti-spam mechanism.
🔗 Repository: https://github.com/girino/gpu-nip13-miner
#NIP13 #Nostr #ProofOfWork #GPU #Mining #OpenCL -
Lol. Another introduction piece on "What is the #Fediverse?" that immediately lays into #ActivityPub - that's like doing a primer on #cryptocurrency and starting off with talking about #blockchain or what #proofofwork is (and all of them fail at it).
You have to explain it in terms people are already familiar with. What if you could follow a Youtube Channel (that _doesn't have_ its own Facebook account) from YOUR Facebook account. Or talk to a Facebook friend FROM Twitter.
1/
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CW: Banks and BitCoins - We end up serving these bad things like banks or bitcoin when we are not working on trust or incrementing other social interactions of value / forms of exchange / transferring other value instead of using those doing materially do badly for us...
@benroyce @KarlinEcuador @gerrymcgovern I agree Ben.
I think it also comes from us not having found ways to #respect each other enough and seemingly still needing #abstract #numbers (banks or bitcoin) to think we're exchanging well...
Using #cruel / materially-tied / burning ways to keep burning people and more material to make our exchange #valid is a bit of a sick design and sick / destructive #proofofwork thing by how much our currency has eaten - #primitive let's say - but it serves us to have visible #digits when we think we are worth 10 or 100 but when the face value of a bank or bitcoin does not match the real value even the next week or the next year. In fact the opposite by design (devalues is taking away continually to keep us working instead of potential giving more in another sense / not devaluing both of us EACH TIME we had 'currency' to each other).
Naturally or as more man-made creations, everything needs #consumption to be #transformed into something else more #visible / #static...
The point is we don't really value non-material or #mind things (at all or as much)... #friendship or even creating them from such a large pool, all with their own resources we could use (potentially).
So the whole thing as my main point is that more personally we seem to need these 'numbers' or #false #accounting techniques instead to represent things falsely (accept being tricked for those who know about Banks) and not looking for other ways...
Both #banks or #bitcoin doing the bad things for us, much rather than in parallel finding how to #respect #people or #planet more even along side these existing things that we can't change... even as a side #project.
If we're not doing that - it's kind of messed up. Is it not?
We have to learn sometime "how bad" these things are now but in short they made from crude #war from their root (#money / #energy / computational resource consumption) we should have seen 100 times already... so as a root of all #evil they are all self-validating methods (money to justify paying #tax (money existing as the whole reason to pay tax) or bitcoin as a long-winded energy burn in order to avoid bad people doing over-night banks or monitoring our own private life and #privacy .
'Giving' something to others is not easy. There is more to it but not working on it is one main point we could start on now (I am as #FreeSchool).
Without that change, we are continuing the use by not trying for another way of exchange or value, and we seem to end up to serving the bad because we don't have an answer and not looking to creating something better than bitcoin / banks.
Not even conversation past hating these things (less Trump etc) and building more each other in some other sense.... would be nice.
Let's all talk more about the next generation$... #FreeSchool
Picture1: Bitcoin #genesis #block by #SatoshiNakamoto - Times newspaper headline about bank #bailouts in code.
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CW: Banks and BitCoins - We end up serving these bad things like banks or bitcoin when we are not working on trust or incrementing other social interactions of value / forms of exchange / transferring other value instead of using those doing materially do badly for us...
@benroyce @KarlinEcuador @gerrymcgovern I agree Ben.
I think it also comes from us not having found ways to #respect each other enough and seemingly still needing #abstract #numbers (banks or bitcoin) to think we're exchanging well...
Using #cruel / materially-tied / burning ways to keep burning people and more material to make our exchange #valid is a bit of a sick design and sick / destructive #proofofwork thing by how much our currency has eaten - #primitive let's say - but it serves us to have visible #digits when we think we are worth 10 or 100 but when the face value of a bank or bitcoin does not match the real value even the next week or the next year. In fact the opposite by design (devalues is taking away continually to keep us working instead of potential giving more in another sense / not devaluing both of us EACH TIME we had 'currency' to each other).
Naturally or as more man-made creations, everything needs #consumption to be #transformed into something else more #visible / #static...
The point is we don't really value non-material or #mind things (at all or as much)... #friendship or even creating them from such a large pool, all with their own resources we could use (potentially).
So the whole thing as my main point is that more personally we seem to need these 'numbers' or #false #accounting techniques instead to represent things falsely (accept being tricked for those who know about Banks) and not looking for other ways...
Both #banks or #bitcoin doing the bad things for us, much rather than in parallel finding how to #respect #people or #planet more even along side these existing things that we can't change... even as a side #project.
If we're not doing that - it's kind of messed up. Is it not?
We have to learn sometime "how bad" these things are now but in short they made from crude #war from their root (#money / #energy / computational resource consumption) we should have seen 100 times already... so as a root of all #evil they are all self-validating methods (money to justify paying #tax (money existing as the whole reason to pay tax) or bitcoin as a long-winded energy burn in order to avoid bad people doing over-night banks or monitoring our own private life and #privacy .
'Giving' something to others is not easy. There is more to it but not working on it is one main point we could start on now (I am as #FreeSchool).
Without that change, we are continuing the use by not trying for another way of exchange or value, and we seem to end up to serving the bad because we don't have an answer and not looking to creating something better than bitcoin / banks.
Not even conversation past hating these things (less Trump etc) and building more each other in some other sense.... would be nice.
Let's all talk more about the next generation$... #FreeSchool
Picture1: Bitcoin #genesis #block by #SatoshiNakamoto - Times newspaper headline about bank #bailouts in code.
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Blockchain Consensus Mechanisms Explained (PoW vs. PoS)
https://jivoice.com/blockchain-consensus-mechanisms/
#dPoSvsPoS #howdoesblockchainwork #cryptoconsensus #blockchainsecurity #delegatedproofofstake #ByzantineFaultTolerance #proofofwork #whatisaconsensusmechanism #blockchainvalidation #miningvsstaking
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New York Bill Seeks Energy Excise Tax on Crypto Mining Activity - TLDR:
Bill S.8518 taxes energy for proof-of-work crypto mining, with rates rising above ... - https://blockonomi.com/new-york-bill-seeks-energy-excise-tax-on-crypto-mining-activity/ #electricity #proofofwork #regulation #bills8518 #ethereum #bitcoin #newyork #mining #crypto #energy #policy #taxes
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Proof-of-work to make #SYN packets? Yay, nay, don't care?
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Ethereum’s Fiery Path: $6.6 Billion Ether Burned Since the London Hard Fork - Drawing upon recent data, the Ethereum network has incinerated close to 3.46 milli... - https://news.bitcoin.com/ethereums-fiery-path-6-6-billion-ether-burned-since-the-london-hard-fork/ #deflationarymechanism #non-fungibletokens #tethertransactions #circulatingsupply #crypto-economics #transactionfees #cryptocurrency #londonhardfork #proof-of-stake #proofofwork #blockchain #aug.52021 #etherburn #uniswapv2 #news
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Ethereum Devs Delay Difficulty Bomb — ETH 2.0 Contract Surpasses 13 Million Ether Deposits
https://news.bitcoin.com/ethereum-devs-delay-difficulty-bomb-eth-2-0-contract-surpasses-13-million-ether-deposits/
#difficultybomb #networkupgrade #VitalikButerin #bitcoinsuisse #Ethereum(ETH) #LiquidStaking #PoStransition #ProofofStake #BeaconChain #EtherMining #GrayGlacier #ProofofWork #Technology #technology #transition #ETHmining #MiningEth #Stakefish #EIP-1559 #Ethereum #Hashrate #Stakedus -
CW: Long thread/11
#5yrsago A hard look at the wastefulness of “#ProofOfWork,” the core of the blockchain https://davidgerard.co.uk/blockchain/2018/05/22/bitcoins-stupendous-power-waste-is-green-apparently-bad-excuses-for-proof-of-work/
#5yrsago @cstross on the “soft genocide” of eugenics-tainted, alt-right climate dystopia https://www.antipope.org/charlie/blog-static/2018/05/happy-21st-century.html
#5yrsago The #ComputerHistoryMuseum just published the sourcecode for #Eudora https://computerhistory.org/blog/the-eudora-email-client-source-code/
#5yrsago The company that made #GrenfellTower’s flammable, poisonous insulation used dangerous lies to make hundreds of sales https://www.independent.co.uk/news/uk/home-news/grenfell-tower-fire-latest-inquiry-london-cladding-building-safety-uk-celotex-a8362186.html
11/
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@Ludo
At its core bitcoin is #money — as defined by real economists. A real economist will tell you that money must be something that requires a non-trivial amount of energy to produce/procure, they call this "#hardness".For thousands of years we used #gold. It had to be mined, and so the act of #mining it was proof-of-energy used, #proofOfWork, proof that someone valued it enough to use a bit of #energy on that rather than growing wheat, for example.
It procurement-'hardness' - not physical.
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Litecoin’s Hashrate Reaches All-Time High, Difficulty Follows Suit - The blockchain network Litecoin’s computational power reached an all-time high (AT... - https://news.bitcoin.com/litecoins-hashrate-reaches-all-time-high-difficulty-follows-suit/ #marketcapitalization #computationalpower #terahashpersecond #cryptominingpool #litecoininterest #litecoinpool.org #cryptocurrency #litecoin(ltc) #googletrends #miningreward #alltimehigh #proofofwork #blockchain #difficulty #ltcnetwork
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Post-Merge Profit-Taking Cuts 13% Off Ethereum Ratio Against BTC
https://www.newsbtc.com/ethereum-classic-etc/post-merge-profit-taking-cuts-13-off-ethereum-ratio-against-btc/
#EthereumClassic(ETC) #sell-the-newsevent #bitcoindominance #EthereumClassic #TheWeeklyUpdate #arcaneresearch #Ethereumforks #EthereumMerge #ProofofStake #BuyTheRumor #proofofwork #sellthenews #Post-merge #Ethereum #TheMerge #ETHW #etf -
Ethereum PoW Hit by Replay Attack as ETHW Token Plummets 32%
https://www.coinspeaker.com/ethereum-pow-ethw-token-plummets/
#Cryptocurrencynews #BlockchainNews #EthereumNews #proofofstake #AltcoinNews #proofofwork #ethprice #ethereum #ethpow #ether #News #ethw #eth -
ETHW confirms contract vulnerability exploit, dismisses replay attack claims
https://cointelegraph.com/news/ethw-confirms-contract-vulnerability-exploit-dismisses-replay-attack-claims
#EthereumMerge #proofofwork #Ethereum #BlockSec #ETHW -
Team Behind Ethereum’s PoW Fork Aims to Launch Network 24 Hours After The Merge
https://news.bitcoin.com/team-behind-ethereums-pow-fork-aims-to-launch-network-24-hours-after-the-merge/
#EthereumClassicHashrate #ethereumclassic(ETC) #PoWversionofEthereum #ETHWcoredevelopers #EthereumClassic #EthereumFork #GrayscaleETC #ProofofStake #2miners.com #ChandlerGuo #EthereumPoW #Flexpool.io #ProofofWork #AntminerE9 #Coincheck #Altcoins #Poloniex #TheMerge #Antpool #Binance #ETCfork #ETHfork #ETHW -
Ethereum price technicals hint at 35% gains versus Bitcoin in 2023 - Ethereum market dominance has doubled since the lunch of its stak... - https://cointelegraph.com/news/ethereum-price-technicals-hint-at-35-gains-versus-bitcoin-in-2023 #proofofstake #cryptomarket #proofofwork #etherprice #ethereum #bitcoin #ethusd #btcusd
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Remembering Hal Finney’s Vision: The 20th Anniversary of Reusable Proofs of Work - This week marks the 20th anniversary of Hal Finney’s introduction of Reusable Proo... - https://news.bitcoin.com/remembering-hal-finneys-vision-the-20th-anniversary-of-reusable-proofs-of-work/ #learning-insights #digitalcurrency #satoshinakamoto #cryptocurrency #cryptography #proofofwork #blockchain #cypherpunk #halfinney #bitcoin #rpow
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Remembering Hal Finney’s Vision: The 20th Anniversary of Reusable Proofs of Work - This week marks the 20th anniversary of Hal Finney’s introduction of Reusable Proo... - https://news.bitcoin.com/remembering-hal-finneys-vision-the-20th-anniversary-of-reusable-proofs-of-work/ #learning-insights #digitalcurrency #satoshinakamoto #cryptocurrency #cryptography #proofofwork #blockchain #cypherpunk #halfinney #bitcoin #rpow
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Remembering Hal Finney’s Vision: The 20th Anniversary of Reusable Proofs of Work - This week marks the 20th anniversary of Hal Finney’s introduction of Reusable Proo... - https://news.bitcoin.com/remembering-hal-finneys-vision-the-20th-anniversary-of-reusable-proofs-of-work/ #learning-insights #digitalcurrency #satoshinakamoto #cryptocurrency #cryptography #proofofwork #blockchain #cypherpunk #halfinney #bitcoin #rpow
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Proof-of-work to protect lore.kernel.org and git.kernel.org against AI crawlers
https://social.kernel.org/notice/AsgziNL6zgmdbta3lY
#HackerNews #ProofOfWork #AIProtection #KernelSecurity #OpenSource #Git
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Study Shows Bitcoin Mining Could Accelerate Transition to Renewable Energy - A new study suggests bitcoin mining could actually help drive the transition to re... - https://news.bitcoin.com/study-shows-bitcoin-mining-could-accelerate-transition-to-renewable-energy/ #electricityconsumption #environmentalimpact #capacityexpansion #carbonemissions #decarbonization #renewableenergy #sustainability #climatechange #gridstability #profitability #energygrids #flexibility #greenenergy #proofofwork
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Feeling good about my crypto portfolio today ... 😎
#bitcoin #crypto #etc #alephium #nexa #RunOnFlux #ergo #eth #matic #ravencoin #ProofOfWork #pow #xmr #raptoreum #chia
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What’s Layer 1, Layer 2 And Layer 3 In Blockchain? Key Differences With Examples - When we talk about blockchain protocols there are 3 different types that come to o... - https://coingape.com/education/whats-layer-1-layer-2-and-layer-3-in-blockchain-key-differences-with-examples/ #layer1blockchain #ethereumlayer2 #cryptostaking #proofofstake #proofofwork #blockchain #education #guides
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US SEC Exempts Proof-Of-Work Mining From Security Obligations - The US Securities and Exchange Commission (SEC) has issued a statement on the status of P... - https://coingape.com/us-sec-exempts-proof-of-work-mining-from-security-obligations/ #24/7cryptocurrencynews #regulationnews #proofofwork #securities #ussec
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#Gridcoin has a mix of #ProofOfStake and indirect #ProofOfWork. In order for my node to qualify for one chance of doing PoS a day, I would need around 200 000 GRC, which amounts to either $830 USD, or 240 years of #BOINC grinding in my current computer. Hmm... -
Satoshi’s Math: How Bitcoin’s Use of Mathematical Tools Ensures System Consistency - Over 14 years ago, Satoshi Nakamoto unveiled the Bitcoin network to the world, cre... - https://news.bitcoin.com/satoshis-math-how-bitcoins-use-of-mathematical-tools-ensures-system-consistency/ #ellipticcurvecryptography #poissondistribution #synchronization #mathematical #consistency #mathematics #merkletrees #proofofwork #efficiency #encryption #featured #accuracy #integers #bitcoin
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@realcaseyrollins
Antifa, but totally don't care about the violence their own nation is inflicting upon other nations, including via #expansionist foreign policyAntifa but say a peep about persecuted journalist, Assange.
Antifa, but totally doesn't understand how important #generalComputing and #proofOfWork is to stop oligarchy.
Antifa, but totally is fine with the technoFascist CAGEMAFIA being in bed with govt.
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Kentucky to scrutinize contracts offering cheaper electricity to miners
https://cointelegraph.com/news/kentucky-to-scrutinize-contracts-offering-cheaper-electricity-to-miners
#KentuckyPublicServiceCommission #MiningFacilities #Investigation #Earthjustice #LaneBoldman #ProofofWork #ThomasCmar #TaxCredit #Kentucky #Contract -
Kentucky to scrutinize contracts offering cheaper electricity to miners
https://cointelegraph.com/news/kentucky-to-scrutinize-contracts-offering-cheaper-electricity-to-miners
#KentuckyPublicServiceCommission #MiningFacilities #Investigation #Earthjustice #LaneBoldman #ProofofWork #ThomasCmar #TaxCredit #Kentucky #Contract -
Marathon Digital Expands Mining Operations to Include Kaspa - Marathon Digital Holdings Inc. has diversified its mining activities by adding kas... - https://news.bitcoin.com/marathon-digital-expands-mining-operations-to-include-kaspa/ #blockchaintechnology #cryptocurrencymining #marathondigital #digitalassets #proofofwork #asicminers #kaspa(kas) #mining #kaspa #kas
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Ethereum Validator Count Surpasses 500,000 Ahead of Upcoming Shanghai Hard Fork - According to statistics, the number of Ethereum network validators on the Beacon c... - https://news.bitcoin.com/ethereum-validator-count-surpasses-500000-ahead-of-upcoming-shanghai-hard-fork/ #transactionverification #beaconchainvalidators #validatormilestone #developernetwork #shanghaihardfork #beaconscan.com #devenvironment #proof-of-stake #ethereum(eth) #allcoredevs #beaconchain #proofofwork #blockchain
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Crypto community slams ‘disastrous’ new amendment to Biden’s big infrastructure bill - Biden’s major bipartisan infrastructure plan struck a rare chord of cooperation be... - http://feedproxy.google.com/~r/Techcrunch/~3/kWv8NXHdZHo/ #electronicfrontierfoundation #internalrevenueservice #cryptocurrencies #digitalcurrency #ribbitcapital #cryptography #proofofstake #proofofwork #republicans #government #blockchain #jackdorsey #whitehouse #democrats #chairman #coinbase #ethereum #broker
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Good news!
In case anyone missed it, a month ago #TorProject implemented #ProofOfWork to defend #OnionSites from #DDOS traffic! A good step forward for #theInternet, well done Tor Team!
Tor Project's official blog:
http://pzhdfe7jraknpj2qgu5cz2u3i4deuyfwmonvzu5i3nyw4t4bmg7o5pad.onion/introducing-proof-of-work-defense-for-onion-services/index.htmlHere's hoping #I2P can do similar.
(SEE ALSO our js-free #captcha idea, tooted over a week ago. Also this instance is shutting down on 8 October due to no funds)
#theInternetWeWantToSeeInTheWorld #deleteCloudFlare #cloudGlare
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ASIC Heavyweights: These Are the Most Profitable Proof-of-Work Algorithms in 2023 - Eight months ago, there was a significant transformation in the realm of lucrative... - https://news.bitcoin.com/asic-heavyweights-these-are-the-most-profitable-proof-of-work-algorithms-in-2023/ #consensusalgorithms #bitmainsantminere9 #consensusalgorithm #asicminingrig #profitability #cryptoassets #proofofwork #algorithms #asicmining #cuckatoo32 #kheavyhash #dominance #eaglesong #antminer #bitcoin #mining
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Fractal Bitcoin Set to Launch Sidechain With Unique Merged-Mining Mechanism - Fractal Bitcoin, a sidechain of Bitcoin created by the Unisat wallet team, is gear... - https://news.bitcoin.com/fractal-bitcoin-set-to-launch-sidechain-with-unique-merged-mining-mechanism/ #recursivevirtualization #blockchainscalability #bitcoinsidechain #fractalbitcoin #assetbridging #cadencemining #mergedmining #proofofwork #tokenomics #unisat #news
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@FranckLeroy
What we *will* say is that bitcoin is not a payments network.We anticipate that it will operate like a "#savings" account. Every few years a person may need to #atomicSwap funds from #bitcoin to another currency that indeed does use some techniques to limit the mining pool and do some other neat stuff for fast, frequent payments.
But it will still be #proofOfWork. It will just do some fancy stuff to limit the #miningPool. Yes, it out there.
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Despite Significant Difficulty and Low BTC Price, Bitcoin’s Hashrate Continues to Climb Higher
https://news.bitcoin.com/despite-significant-difficulty-low-btc-price-bitcoins-hashrate-climb-higher/
#BitmainAntminerS19XP #bitcoinblockrewards #computationalpower #difficultyretarget #ProofofWork(PoW) #33.59trillion #bitcoinblocks #miningbitcoin #onesextillion #blockrewards #BTCHashrate #hashrateATH #MiningPools #difficulty #Hashpower #MiningBTC #zettahash #Bitcoins #Hashrate #Petahash -
Bitcoin’s Total Network Hashrate Hits an All-Time High at 321 Exahash per Second
https://news.bitcoin.com/bitcoins-total-network-hashrate-hits-an-all-time-high-at-321-exahash-per-second/
#bitcoinblockrewards #computationalpower #difficultyretarget #ProofofWork(PoW) #0.32115zetahash #33.59trillion #bitcoinblocks #miningbitcoin #onesextillion #blockrewards #BTCHashrate #hashrateATH #1600blocks #321exahash #321.15EH/s #difficulty #Hashpower #MiningBTC #zettahash #Bitcoins #Hashrate #Antpool