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Category Archives: Mining

Bitmain AntMiner S9 First 16nm ASIC to Market Miner

Jul 16, 2016

SCOTTFARGO

Bitmain has long led the industry not only in ASIC development but also in making sure they are available to more than just a few big customers. The other hallmark of Bitmain is they announce a new miner only when they are nearly ready to ship. No pre-ordering and long waits. The AntMiner...

we looked inside a secret chinese bitcoin mine

May 14, 2016

8BTCNews

In China, savvy entrepreneurs are making millions a year by mining bitcoin. Danny Vincent visited one of the world’s biggest facilities of its kind to film the activity and people within. On the edge of a tiny Chinese town is a strange building where you can get an insight into the future ...

China’s Miners Heat Up Debate at Scaling Bitcoin Hong Kong

Dec 6, 2015

8BTCNews

If the goal of the second Scaling Bitcoin conference was to highlight an “emerging consensus” on the challenges facing the bitcoin network, the day’s panels served mostly to highlight the sometimes extreme differences in opinion that remain between key stakeholders in the technology’s open-so...

How to run a Mega-Bitcoin Mine in China ?

Aug 2, 2015

8BTCNews

Imagine if you lived life as a one of the four Bitcoin enthusiasts and miners in Northern China. Your government isn’t a big fan of an unsanctioned global currency like Bitcoin seeping into the Chinese market but isn’t standing its way right now. They reserve the right to shut you down at ...

Why bitcoin mining variance matters?

Jul 19, 2014

L.M. Goodman

In bitcoin, miners join pools for two reasons. One is to avoid the hassle of running a full node — this could be mitigated by requiring miners to include proofs of blockchain retrievability. The other is to reduce the variance of the return in their mining. But why is variance so impor...