Sentences with phrase «big miners»

The phrase "big miners" refers to large companies or individuals who extract valuable resources from the earth, such as minerals, coal, or gold. Full definition
While the mining reward was cut in half, bitcoin mining remains profitable for big miners, even though competition is getting tighter due to the increasing demand for bitcoin.
The idea is to make big miners — sometimes controversial figures on the network — less relevant.
While much of the market's recent focus has been on the hefty short - term gains generated by big miners BHP Billiton, Rio Tinto and Fortescue Metals, Credit Suisse thinks it's time for African gold miner Perseus Mining and graphite play Syrah Resources to surprise with strong returns.
From a Bitcoiner's perspective, SegWit2x is an attack by big miners and corporate interests, and it's intended to seize control of Bitcoin development.
The control of the difficulty adjustment is extremely important because bigger miners could artificially warp and influence the mining difficulty by switching their operations on and off to get greater gains.
Other big miners are also targeting shareholder payouts.
One user even observed when switching pools that mining profitability has decreased for smaller pools, which is potentially a concern for an ecosystem that doesn't want bigger miners to have more control.
The owner of «MC pool» who wishes to remain anonymous started BCH mining along with his «big miner friends» just «for fun».
In November, bitcoin will face its next big challenge when some of the world's biggest miners move to adopt phase two, the doubling of the size of the block.
The world's biggest miner BHP Billiton reported a 25 percent rise in underlying half - year profit on Tuesday, helped by robust metals prices, and said its focus remains on cutting debt and boosting shareholder returns.
Yet, still others — like Gavin Andresen — believe that bigger blocks are not significantly better for bigger miners.
The nation's biggest miners, BHP and Rio Tinto, are being targeted as part of a near $ 1 billion corporate tax grab and the major banks have been warned they could face a bank levy if the new West Australian government can not pass its budget measures.
BHP Billiton bosses have made a strong sales pitch regarding the company's proposed demerger, telling shareholders in London they'd benefit from the next step in the big miner's «evolution».
Rio Tinto's strong profit reported earlier today will please investors in one of state's biggest employers, though the big miner's fresh round of job shedding is a warning shot across the bows of the Western Australian economy, with more warning shots likely to be fired over the next 12 days.
The world's biggest miner, BHP, said it would invest significantly in its nickel business as demand for electric vehicles picked up, Reuters reported.
That equates to more than half the 38 terawatt - hours of electricity used annually by the world's biggest miner (as in literal, pull materials out of the ground mining), BHP Billiton Ltd..
The biggest miners Anglo American, BHP Billiton, Rio Tinto and Glencore all surged by between 5.4 and 7.7 per cent.
For example miners who can access the cheapest electricity will tend to succeed and that bigger miners will be able to find this cheaper electricity easier.
Take Peru, a big miner of copper.
This new currency gave even more importance to big miners by increasing the size of a block in the blockchain from 1 MB to 8 MB.
Among the big miners, BHP Billiton slipped 1.3 per cent to $ 18.24 and Rio Tinto shed 2 per cent to $ 42.90, after commodity prices fell overnight.
Three other big asset - level deals came in the latter half of the year, with the bigger miners all selling, not buying.
Buying the big miners is just one way to leverage a rise in gold price, and also take advantage of a business model that is beautiful in its simplicity.
Local shares finished higher after a late rally in retailers, which received a boost from better - than - expected domestic sales figures, offset further falls in the big miners.
The big miner also boosted its interim dividend to US96 cents from US83.5 cents in the previous corresponding period.
The big miners and banks have been the main drivers of ASX market returns for more than a decade.
Big miners BHP Billiton and Rio finished the session up but smaller miners have been hit hard by the iron ore crash.
The mining giant has called for government subsidies to increase South Australia's power supply reliability and prevent costly outages like the one that wiped $ US105 million off the big miner's first - half profit.
The world's biggest miner BHP said Tuesday it would leave the World Coal Association and review its membership of the US Chamber of Commerce membership to show support for action on climate change.
As such, big miners could «attack» competitors with valid 4 megabyte blocks.
Finally, there is speculation that, even if the big block version of the chain proves less profitable, some big miners will keep mining it anyway in order to impair the small version.
In late July, the world's biggest miners «agreed» or signaled on its activation, and now it is finally implemented.
There's one big miner that, if he wanted, could totally attack the network.»
Big miners are eying monero as a next money - maker.
This is great news as some of the bigger miners operate out of China and their closure would have led to an even steeper drop in price.
With BTC transactions taking forever to complete and fees higher than ever, the adoption of bitcoin cash by small businesses and big miners is going strong.
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