Bitmain, a leading producer of ASIC chips that mine bitcoin, is refusing to sell
mining gear in India in light of a new import ban.
Also, by altering litecoin's underlying mining algorithm to the one bitcoin makes use of, they argue litecoin money will deliver new life to previous,
deserted mining gear in a sort of unusual recycling try.
In an attempt to protect their supply of milk, the Aqua Kitties must don their
best mining gear and get down underwater to get rid of all evildoer — and let me tell you there a lot under the sea — who want a piece of the milky cake.
[1] While in the case of bitcoin the cost of investing in
mining gear serves as an incentive not to attack the network, anyone seeking to attack Nxt would in the process necessarily reduce the value of their personal coin holdings.
I had falsely assumed they had all their
own mining gear and were not subcontracting from another mining firm.
With Litecoin activating SegWit in a hail of fanfare, we thought it was a good time to review the most up - to - date
Scrypt mining gear.
Lastly, PoS may reduce the risk of centralization seen with PoW, where wealthy miners can afford to invest in more
effective mining gear.
The project's owner also owns a company which sells ASICs and
mining gear, probably specialized for the exact methods BTG was going to use.