Sentences with phrase «for big miners»

Yet, still others — like Gavin Andresen — believe that bigger blocks are not significantly better for bigger miners.

Not exact matches

«UNPRECEDENTED» would be an apt word to describe demand for the services of family owned and operated Wallis Drilling, which has done surface drilling work for some of the biggest open - pit miners sinc
If support for «2x» part falls apart, either the miners or developers could walk away from the agreement, rekindling worries of a bigger split that rocked the currency in mid July.
Gold miner Troy Resources has warned of a big hit to its production guidance for 2016 after facing a number of delays at its Karouni operation in Guyana.
The world's biggest miner, BHP, said it would invest significantly in its nickel business as demand for electric vehicles picked up, Reuters reported.
The deal for the Canadian miner was one of the biggest takeovers of a Canadian corporate household name and prompted much hand wringing about foreign ownership.
If you're not a miner, but a concerned investor like myself, then please spread this message far and wide, and ask the miners and pools that you know for bigger blocks.
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.
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.
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.
Some poor girl... or sheep... has to listen to him rant and spew, eyes bulging, talking non-stop, adamantly raging on about how Russian miners have heard the screams of hell and how some ancient vanished superrace made the pyramids and modern man couldn't which means evolution is wrong... she'd be wondering if she should just run for it, or does he have a big kitchen knife on him ready to use if she does... there she sits, with that «please - don «t - stab - me - repeatedly smile on he fear - petrified face...
Jock Stein, a big, intimidatingly sharp miner from Lanarkshire, was a highly competent but unbrilliant defender for Celtic, As manager, he has been miraculously successful.
old soul at that, that went from car mechanic restorating muscle vehicles, to all out rock miner, welding, demolitions, big equipment operator - my point is that I'm mighty good with my hands:) Currently however for the past 2 years...
For our recent report on a Canadian penny stock with a big project in progress, read Junior miner aims for big payoff in the YuFor our recent report on a Canadian penny stock with a big project in progress, read Junior miner aims for big payoff in the Yufor big payoff in the Yukon
The big miners and banks have been the main drivers of ASX market returns for more than a decade.
If correct, it would mean an increase of nearly 11 per cent on Tuesday's record price of $ 1,307 an ounce, triggering big profits for the world's largest gold miners, such as Barrick Gold, Newmont Mining and AngloGold Ashanti.
As much as the big - picture crowd likes to hammer away at stocks, they do have a soft spot for stocks with tangible assets — like gold miners and oil stocks.
West Virginia's Upper Big Branch mine, the site of last year's disaster (in which 29 miners were killed - the worst in 40 years), was a Massey mine that had been cited numerous times for violations during the year leading up to the tragedy.
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.
Not sure this has or ever will translate into a vote for carbon pricing or support for stronger national or international emissions targets or even clear support for renewables and an end to subsidies for fossil fuel miners and big users.
RAN activists were present to ensure that Massey's controversial CEO, Don Blankenship, was held accountable for his role in the April 5, 2010 Upper Big Branch mine explosion where 29 miners tragically died.
Well, these lawyers may be off the hook, but the news isn't all good for the mining industry, and especially for former Massey Energy head Don Blankenship, which ran the Upper Big Branch mine when an explosion killed 29 Massey miners.
Chip maker AMD has seen its sales buoyed in recent months by big demand for graphics cards by cryptocurrency miners.
For those who think only bigger blocks will save bitcoin's exchange rate, and for miners who are going to decide on whether or not they should adopt SegWit, this is important to understand.&raqFor those who think only bigger blocks will save bitcoin's exchange rate, and for miners who are going to decide on whether or not they should adopt SegWit, this is important to understand.&raqfor miners who are going to decide on whether or not they should adopt SegWit, this is important to understand.»
China might not have welcomed the crypto phenomenon with open arms but it has remained to be one of the biggest bitcoin mining what sources where miners flock in for solving complex mathematical riddles using their computer and are awarded in terms of virtual coins for their efforts.
The main advocates for the bigger blocks, aka B2X, are consortiums of bitcoin miners who use specialized computer rigs to compile transactions on the blockchain — and earn bitcoins (currently valued at around $ 7,400) while doing so.
But when he heard that miner demand was causing monthlong backlogs on certain computer components, he realized it was a big, big moment - not for bitcoin, but for litecoin.
Bigger picture aside, the conversation around sales to miners is not that important for Nvidia, Huang argued, noting that «to us, it's all just demand for GPUs.»
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.
This leads to bigger profits for the selfish miner, and it may also lead to other miners joining the selfish miner's pool, thus providing that group of miners with a greater share of the network hashrate.
And the promise of turning big payoffs from buying Bitcoin into real - world cash has created a technological arms race among currency miners, a shortage of computers for scientists, and that, in sum, is worse for the environment than gold mining.
Clubbing your resources with other miners will give you a better chance to earn bigger rewards for completing blocks on the blockchain.
«The biggest barriers for the blind are accessibility,» Craig McGee, a bitcoin miner in the United Kingdom, told Bitcoin.com.
If support for «2x» part falls apart, either the miners or developers could walk away from the agreement, rekindling worries of a bigger split that rocked the currency in mid July.
Demand from cryptocurrency miners for GPU maker Nvidia's products was bigger than anticipated in the fourth quarter of last year.
Indeed, Mosher, whose company sells chips to miners big and small, said his customers largely have a preference for bitcoin cash, and he noted he sees them participating in the build - up of what he called a «long - term infrastructure play.»
Russian Cryptocurrency miners are taking leases of big companies operating power plants for diverting the excess energy production to mining of cryptocurrencies.
The owner of «MC pool» who wishes to remain anonymous started BCH mining along with his «big miner friends» just «for fun».
But if you're wiring $ 50,000 to your bank, you could still use Bitcoin for the increased security that comes from a bigger network of decentralized miners.
The discord between Bitcoin Core and miners who desire bigger blocks will continue to simmer but will not boil over into another cathartic event like UASF for now.
As touched on earlier, a downside to on - chain scaling is that the overall size of the blockchain will grow faster with bigger blocks, requiring more hardware storage capacity for miners in the somewhat distant future.
The most important rule for mining is still: «If you are the most efficient miner you will be able to continue mining while others need to step out leaving you a bigger share of the pie.»»
China is said to account for over 35 % of all Bitcoin trades and is also home to many of the world's biggest bitcoin miners — The people who keep the whole bitcoin show running.
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.
If, for any reason, Bitcoin doesn't hard fork in November as scheduled for SegWit2x, miners who support big blocks might go ahead and launch the hard fork anyway.
As the Bitcoin network gets bigger, the hash gets more complex, and miners get fewer Bitcoins for their trouble, hence they always need better hardware and higher Bitcoin prices to make it worthwhile.
The big elephant in the room has been the big scaling debate between developers and miners for the past two years.
The difficulty concern is the biggest flaw in the blockchain network with the high demand of the miners mining raising the difficulty level of solving the block for completing verifying the transaction as a result required miner with increasing computing power.
Because electricity is one of the biggest costs for any bitcoin miner, if hardware power efficiency can double every three years, the researchers predict the minimum required price for new entrant profitability could drop to $ 530.
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