Sentences with phrase «hashrate over»

Further down the line, GMO indicated it plans to begin offering cloud mining services, through which customers can buy a certain amount of hashrate over a period of time to potentially earn bitcoin.

Not exact matches

You can also check your dashboard at your mining pool's website to get an idea of your hashrate (it usually takes a good 10 - 20 minutes until it shows actual speed, as it is averaged over time).

With today's hashrates, our ROI to investors is over 200 % per year, and could increase if the price of bitcoin appreciates.

An insider told 8btc that the hashrate of LTC1BTC, a Litecoin pool, increased from less than 300 GH / S on April 17 to over 700 GH / S on April 18, while LTC TOP increased from 150 GH / S to 500G.

Statistical analysis has shown that BIP 101 - style activation of hard consensus forks can be prematurely activated; for example, a hard consensus fork triggered by signals from 75 % of the last 1000 blocks has an approximately 88 % chance of being activated randomly with just 70 % of hashrate support over the course of 10,000 blocks.

Mining Pool - A mining pool facilitates the sharing of resources over a network (such as processing power / hashrate) among a given set of cryptocurrency miners, who then split the rewards of mining according to the contributions of each of them to the pool.

Further, hashrate support for the change has, for the most part, been on the rise over the last couple of months, prompting buzz and renewed interest in the altcoin.

The plan would supposedly involve greater than 75 percent of the hashrate coming together to support Bitcoin Classic, but roughly 20 percent of the network (represented by BTCC and BitFury) have made their support for Bitcoin Core rather clear over the past few months.

This tactic also raises the cumulative cost of attempting to gain control over half of systems mining power (hashrate), making it economically unviable to perform a 51 % attack.

The percentage of Bitcoin's network hashrate signaling support for Bitcoin Unlimited has more than doubled from 16 percent to 35 percent over the past month.

At present, both the bitcoin and bitcoin cash networks are heavily dependant upon the efforts of Chinese miners, who hold over 80 % of the hashrate distribution.

Coupled with a hashrate of over 20 exahash per second, and bitcoin is comfortably one of the web's most decentralized blockchains.

Antpool, the biggest mining pool in the Bitcoin ecosystem with over 14 % of the global hashrate, has mined its first SegWit2x block today, signaling approval for the ambitious scaling agreement that seeks to implement the SegWit soft fork and a subsequent hard fork to increase block size capacity to 2 MB.

Much like Bitcoin Core, Bitcoin Cash is heavily decentralized due to its large hashrate and the number of full nodes, which stand at over 1,200.