Sentences with phrase «mined by miners»

In a CBCC, all tokens will have to be released by the central bank and not mined by miners or another collective.

Not exact matches

He approved the $ 24 - billion takeover of Falconbridge, a nickel - and copper - mining company, by Swiss miner Xstrata PLC..

Earlier this month, the SEC charged two bitcoin mining companies, GAW Miners and ZenMiner, both owned by Joshua Garza, with operating a Ponzi scheme.

The miner, under the leadership of Executive Chairman John Thornton, has focused for the past three years on reducing debt by more than 50 percent from the more than $ 13 billion it hit at the end of 2014 due to overpriced acquisitions and mine development, including Pascua - Lama.

Productivity (tons mined per miner) increased by 350 percent, due partially to a shift from underground to surface mines, but largely from the introduction of highly mechanized systems like long wall mining that require far fewer miners.

News of Lucara's discovery of the Lesedi La Rona diamond (it was named in a national contest held in Botswana and translates into «our light» in the Tswana language) has helped invigorate a mining category that has languished in the wake of a global recession, not to mention a campaign by Blood Diamond star Leonardo DiCaprio to promote synthetic alternatives to alleviate working conditions of miners in Africa.

Nickel miner Western Areas is moving forward with plans to increase its holding in South Australian tenements held by Monax Mining and Strandline Resources, and will begin a new drilling campaign in the coming weeks.

Mining and civil engineering contractor Maca has downgraded its full - year revenue guidance by $ 30 million after Sydney - based miner Arrium said it was closing one of its South Australian mines.

Diversified miner Independence Group has slashed its workforce by 28 positions at its Long Operation in Kambalda, as it implements a number of cost - saving changes to its mining plan in response to the depressed nickel market.

The Australian Securities and Investments Commission disclosed today it had raised concerns about Resolute Mining's project valuations, prior to the Perth - based miner's decision to impair its Syama gold mine in Mali by $ 310 million.

Nickel miner Western Areas is moving forward with plans to increase its holding in South Australian tenements held by Monax Mining and Strandline Resources to 90 per cent, and will begin a new drilling campaign in the coming weeks.

The gold miner also said it plans to reduce its net debt by at least $ 3 billion this year and look to sell its Porgera joint venture in Papua New Guinea and Cowal mine in Australia.

And in its main bitcoin mining business, Bitmain protects itself from losing too much to investor speculation by selling chips to miners, rather than doing all the bitcoin mining itself.

US - based gold miner Newmont Mining is slashing its corporate workforce by a third after writing down the value of its Western Australian mines by $ US1.5 billion, amid weak conditions in international gold and copper markets.

A MOVE by mining giant North Limited to slash about $ 100 million from its balance sheets has resulted in redundancies and operational restructuring by Pilbara iron ore miner Robe River Iron Associates.

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..

Bitcoin is reaching the soft block size limit, requiring action by mining pools and miners (more info in this Bitcointalk thread).

There has been uproar from unions this week after it was learned more than 2,000 Chinese miners would be on their way to British Columbia to work in mines run by Canadian Dehua International, a Vancouver - based company founded and run by a former Chinese government official, to name one company involved.

While some miners temporarily «lost coins» as they had been mining on another fork, they were compensated by others in the Bitcoin community.

The lively bitcoin market had been set up by bitcoin miners, who had set up data centers taking advantage of China's cheap electricity and hardware to handle the intensive computing processes needed to «mine» new bitcoin.

But the miner reduced coal guidance from its Illawarra metallurgical coal business by 9 per cent to 4.1 million tonnes, as it continues to work to fix a series of issues at its Appin mine.

The concern that the network hashrate will become too low is based on several assumptions and variables, including the number of daily transactions, the willingness of the users to wait for confirmations, the willingness of the users to pay small amounts, the behavior of the miners, the fee policies set by various wallets, the emergent consensus on acceptable fees by the mining community, and other factors, including what actually is «too low» of a network hashrate in the first place.

When the Bitcoin Blockchain mines block number 494,784, which will happen on or around Saturday November 18th 2017, a block between 1 MB and 2 MB in size will be generated by the Bitcoin miners to increase network capacity (SegWit2x).

Corallo quickly posts more links to explain the situation, which boils down to this: a bitcoin mining pool processed an invalid block that was rejected by other nodes and miners.

Miners are motivated by profit, because they earn Bitcoins from the network in return for their mining services.

By: Sascha Solomons 4th November 2016 Mining and exploration company Group R Mining & Exploration Zambia achieved one - million man hours without a lost - time injury (LTI), at its Synclinorium shaft expansion project on behalf of owner Zambian - registered copper miner Mopani Copper Mines.

Input the Bitcoin Gold address you are mining to, and the pool will remotely show you your current hashrate and pending balance, however you can also view your current hashrate locally just by looking at the miners CMD or Terminal window.

Bitcoins are generated (or «mined») by the following process: Cryptographic puzzles are random - generated at a controlled rate by a computer program, then transmitted to a network of volunteer Bitcoin «miners.»

By: Simone Liedtke 3rd May 2018 The benefits of Sibanye - Stillwater's commodity and geographical diversification during the last two years are clearly evident as the South African mining industry is negatively impacted on by a strong rand, the multicommodity miner said on ThursdaBy: Simone Liedtke 3rd May 2018 The benefits of Sibanye - Stillwater's commodity and geographical diversification during the last two years are clearly evident as the South African mining industry is negatively impacted on by a strong rand, the multicommodity miner said on Thursdaby a strong rand, the multicommodity miner said on Thursday.

By: Henry Lazenby 3rd May 2018 One miner has died and two injured have been brought to surface after 13 miners went missing following a fall of ground that was triggered by a seismic shock at the Sibanye - Stillwater's Driefontein operations» Masakhane mine, on South Africa's West RanBy: Henry Lazenby 3rd May 2018 One miner has died and two injured have been brought to surface after 13 miners went missing following a fall of ground that was triggered by a seismic shock at the Sibanye - Stillwater's Driefontein operations» Masakhane mine, on South Africa's West Ranby a seismic shock at the Sibanye - Stillwater's Driefontein operations» Masakhane mine, on South Africa's West Rand.

These mining applications and computing technology are needed by miners to solve cryptographic puzzle that are necessary to process a block.

By: Dylan Slater 8th July 2016 Mine development and construction company Fraser Alexander has concluded a contract for platinum group metals (PGM) miner Tharisa Minerals to install and commission a tailings storage facility at its Tharisa mMine development and construction company Fraser Alexander has concluded a contract for platinum group metals (PGM) miner Tharisa Minerals to install and commission a tailings storage facility at its Tharisa minemine.

By: Victor Moolman 21st October 2016 Mining equipment supplier Tenova Takraf Africa is offering junior miners in the surface mining industry a tailor - made package that will help new mining operations produce State - owned power utility Eskom - gradeMining equipment supplier Tenova Takraf Africa is offering junior miners in the surface mining industry a tailor - made package that will help new mining operations produce State - owned power utility Eskom - grademining industry a tailor - made package that will help new mining operations produce State - owned power utility Eskom - grademining operations produce State - owned power utility Eskom - grade coal.

And furthermore, even the major mining pools that have agree to implement the changes have only agree to implement the changes by offering Segwit2x as a choice to their miners, leaving the ultimate decision on which software to run up to the individual miner.

By: Robyn Wilkinson 16th December 2016 Mining services company Murray & Roberts Cementation will complete its contract at diamond miner Petra Diamonds» Gauteng - based Cullinan mine this month, concluding the largest portion of the R4 - billion Phase 1 expansion project that will initially extend the diamond mine's life span by about 15 yearBy: Robyn Wilkinson 16th December 2016 Mining services company Murray & Roberts Cementation will complete its contract at diamond miner Petra Diamonds» Gauteng - based Cullinan mine this month, concluding the largest portion of the R4 - billion Phase 1 expansion project that will initially extend the diamond mine's life span by about 15 yearby about 15 year →

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.

Satoshi Nakamoto's idealistic vision of «one CPU one vote» has been superseded by a reality where the manufacture and distribution of mining equipment have become dominated by a very small number of entities, some of which have engaged in abusive practices against individual miners and the Bitcoin network as a whole.

The miners were trapped by at the company's Masakhane mine, west of Johannesburg, on Thursday, after an... →

By: Simone Liedtke Updated 1 hour 46 minutes ago Gold miner Randgold Resources» Loulo - Gounkoto gold mining complex, in Mali, is still expanding, with the Gounkoto superpit and the new Baboto satellite pit joining the Yalea and Gara underground mines.

By: Henry Lazenby 3rd May 2018 One miner has died and two injured miners have been brought to surface after 13 miners went missing following a fall of ground that was triggered by a seismic shock at Sibanye - Stillwater's Driefontein operations» Masakhane mine, on South Africa's West RanBy: Henry Lazenby 3rd May 2018 One miner has died and two injured miners have been brought to surface after 13 miners went missing following a fall of ground that was triggered by a seismic shock at Sibanye - Stillwater's Driefontein operations» Masakhane mine, on South Africa's West Ranby a seismic shock at Sibanye - Stillwater's Driefontein operations» Masakhane mine, on South Africa's West Rand.

Bitcoin mining leads to an arms race among miners to grab a slice of the fixed rewards doled out by the network, Stolfi said.

The Chinese mining giant, Bitmain, has unveiled a new ASIC miner that is dedicated to the Equihash algorithm used by Zcash (ZEC).

The blocks are «mined» by Bitcoin miners, these miners spend time and computing power (with specialized equipment) to secure the Bitcoin network.

In POS, the mining of coins doesn't involve the use of expensive hardware and software products by miners.

ETH is mined in the same way Bitcoin is, where miners earn Ether by validating and storing transactions carried out throughout the ETH platform itself.

Five mining algorithms are used by the miners to mine coins with DigiByte:

Zinc production, meanwhile, decreased by 7 % year - on - year to 242 700 t for the first quarter, mainly as a result of the disposal of the Rosh Pinah mine, in Namibia, and the Perkoa mine, in Burkina Faso, to Canadian miner Trevali Mining in August last year.

E3 is the first ASIC miner produced by Bitmain that is capable of mining Ethereum (ETH) and other cryptocurrencies.

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.

The issue is when non-upgraded miners try to mine new blocks, their blocks (and thus, efforts) will be rejected by the network.