Sentences with phrase «raised mining difficulty»
The uptake of ASICs dramatically raised mining difficulty for some coins, making the activity no longer economically feasible for CPU and GPU - based miners alike.
https://cryptocoinspy.com/ Not exact matches
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.
Other talking points in the interview included the history of Bittrex, the difficulty of raising capital in the aftermath of the bitcoin price implosion during 2015, and how the exchange chief initially got in bitcoin (by mining the cryptocurrency with a few friends).