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.
Not exact matches
April 24 - Freeport - McMoRan Inc, the world's
biggest publicly listed copper
miner, reported a rise in first - quarter earnings on Tuesday, helped
by higher copper prices.
Iron ore
miner Rio Tinto is following its
big investment in driverless trucks and trains
by announcing plans to nearly double its fleet of autonomous drilling rigs.
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.
Democrats from coal - producing states, led
by West Virginia Senator Joe Manchin, had delayed the Senate vote on the funding bill in a failed attempt to get a
bigger extension of
miners» healthcare benefits that expire at the end of this year.
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..
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.
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.
An even
bigger concern is the fact that
miners will create new mining hardware and mining software which circumvent newer ASIC - resistant algorithms, making the centralization of mining possible again and making the efforts put forth
by cryptocurrency project teams essentially all for naught.
Hosted at the Berlin Cubix UFA Palast Rathausstraße 1, the Berlin Summit is attended
by the full gamut of the cryptocurrency sector starting from the
biggest exchanges to brokers, payments providers, fintech,
miners, traders, ICO participants and cryptomaniacs blockchain developers, entrepreneurs and experts in tax and legislations all together.
To refresh, Grylls wants to make a third
big dip into the cashflows of the original Pilbara
miners by lifting a lease rental change from about 25 cents a tonne to $ 5 a tonne.
Len McCluskey, leader of the UK's
biggest union, Unite, will use his speech at the historic Durham
Miners» Gala today (Saturday) to call upon Labour to renew its connection to working people
by delivering a genuine alternative to the government's ruinous austerity programme.
Writing in response to a politics.co.uk questionnaire, the Liberal Democrat leader explained that while the Falklands War and the
miners» strike had had a
big impact, it was the prospect of invasion
by communist forces which first mobilised him.
Most mining power today is provided
by «pools»,
big groups of
miners who combine their computing power to increase the chance of winning a reward.
Chip maker AMD has seen its sales buoyed in recent months
by big demand for graphics cards
by cryptocurrency
miners.
China's Bitcoin
Miners See Profit in a
Bigger - Block Blockchain A recent mining conference hosted
by Bitmain highlighted hot topics such as scaling bitcoin and the bitcoin block size.
BIP100 transfers the power to set the block - size limit from the Core development team to the Bitcoin
miners by allowing
miners to include a message into freshly mined blocks indicating they want to mine
bigger — or smaller — blocks.
As you can guess, the
bigger the transaction fee - which the
miners (or validators) get to collect - the higher your chances are of getting your transaction into the next block that's processed
by miners.
Indeed, one of the
biggest open questions ahead of bitcoin's upcoming Segwit2x hard fork is how many
miners will actually stand
by their agreement to run the software, and if they will do so unilaterally, dedicating all their hash power to the cause.
While Bitcoin Unlimited is supposed to hand control of the block size limit over to both users and (all)
miners, low AD levels ensure that even the slightest majority of
miners can always overrule local block size settings
by simply mining a series of
bigger blocks.
Because transactions must compete to get picked up
by miners, who favor the ones that offer the
biggest fees, somebody who wants to move $ 1 mln can easily afford to offer $ 20, but someone who wants to buy a pizza probably can't.
Consider this, if a majority of
miners use hardware that was built
by a
big name manufacturer, this manufacturer could quite possibly come under pressure from governments to allow for killswitches to be installed in the hardware they produce.
Big block size ensures the reliable smooth transaction
by distributing the work to more
miners, which eventually takes up the time to increase the difficulty level.
That was fuelled
by Chinese passion and increasing opportunities in the cryptocurrency market (the
biggest Bitcoin
miners are all located in China).
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.