Sentences with phrase «of altcoin mining»

Not exact matches

Searching the Internet, Bitdefender tracked down these two combinations to ethOS, a 64 - bit stripped - down Linux distro specialized in GPU - based mining of cryptocurrencies such as Ethereum, Zcash, Monero, and other altcoins.

Mining is the term used for running a series of calculations on a computer to verify the transactions that take place in the Bitcoin or altcoin network.

The cool thing is with these altcoins, they are not mined with ASICs but with mining rigs built of common computer parts.

Genesis Mining Offers Promotion for Black Friday and Cyber Monday This 5 percent discount will be available on all contracts currently offered by Genesis, which consist of bitcoin, Ethereum and X11 altcoins.

Hence, if we look at the world of altcoins today, you would find that every single one has a small group of people actively marketing it, promoting it, writing ridiculously overhyped nonsensical puff pieces about it in the press, as well as coding it and mining it.

These altcoins can take on a wide variety of shapes and forms, with the underlying technology or mining incentives varying or often mysterious from coin - to - coin.

Hence, if we look at the world of altcoins today, you would find that every single one has a small group of people actively marketing it, promoting it, writing ridiculously overhyped nonsensical puff pieces about it in the press, as well as coding it and mining it.

Genesis decided to scale ether mining after the spectacular growth of the cryptocurrency that began under 1 USD (0.005 BTC) and stabilised at approximately 10 USD (0.02 BTC) leaving other altcoins far behind and becoming second only to bitcoin by the market cap.

The company's main area of expertise extends to the mining of altcoins, using GPU cards, followed by the exchange of the same to other currencies or commodities, such as BitCoin, LiteCoin, gold and silver, among many other options.

If the altcoin has 5 % of the hashpower of Bitcoin, then in order to attack the chain via a double - spend at least 5 % of the Bitcoin network's power would need to temporarily redirect itself to mining on the altcoin.

The Golden Fleece Project, a massively ambitious altcoin and cryptocurrency mining operation - is kicking off the first stage of its GFL ICO set...

ZCash didn't actually have an ICO like many of the recent altcoins are having, ZCash distribution works very much the same way as Bitcoin does — Through mining.

Reports suggest that mass production of the chips began in January 2018, while Samsung are said to developing GPU mining chips which will be focused on altcoin mining algorithms.

They have huge bills to pay and mining an altcoin with less than half the value of Bitcoin will bankrupt them quickly.

After leaving the tough nature of the agriculture industry, Mutai decided to begin mining altcoins.

The reasons why Litecoin is in the top five is that it can be bought through major altcoin wallets and exchanges such as Coinbase and GDAX, and is also one of the currencies supported by major cloud - based mining operations such as Genesis.

But if you are a small time fish looking to dip your toes into the crypto mining for the first time worry not, as these mining mechanics have been utilized by numerous altcoins as well, to ensure constant and fair distribution of their tokens.

A new altcoin that will emerge from a hard fork of the Bitcoin blockchain, Bitcoin Gold is led by Jack Liao of Hong Kong - based mining firm LightningASIC with the aim of improving the protocol.

The developers of the browser have created a specialized feature designed for the sole purpose of preventing unauthorized bitcoin and altcoin mining on your computer.

However, still on the question of profitability for Bitcoin mining, there is the alternative to mine altcoins.

Due to the difficulty of mining Bitcoin, many cryptocurrency enthusiasts are focusing on mining altcoins... Bitcoin Price Predictions Bullish but EOT may be set up for the «Perfect Storm» in 2018