BloqLabs Introduces Cryptocurrency Mining Management System

BloqLabs has opened up the beta waitlist for Titan, a fully integrated software suite for managing cryptocurrency mining. The project was introduced by Bloq CEO and co-founder Jeff Garzik onstage during a brief speech at Binance Fair in Singapore in an overview discussion of BloqLabs.Cryptocurrency mining can be profitable but optimizing and managing devices manually ...

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Bitfury Rolls Out Lightning Peach, Its Own Suite of Lightning Tools

Bitfury’s new suite of Lightning products has been released to the public.Lightning Peach, the title of the product bundle, was developed by Bitfury’s Lightning Network team of the same name. It includes a wallet, an e-commerce plug-in, a hardware component for a point-of-sale (PoS) terminal, a Lightning node for the new ecosystem and developer tools.For starters, the open-source, cross-platform Peach ...

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Top Officials at Two Korean Cryptocurrency Exchanges Face Fraud Indictments

Several of South Korea’s top crypto exchanges have found themselves in hot water, with executives at a couple of exchanges facing criminal charges and jail time.According to a news report on the Korean website Blockinpress, the CEO of Komid, a Korean crypto exchange, has received a three-year prison sentence for committing fraud against investors by artificially inflating the exchange’s actual ...

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BetterHash Protocol Lets Pool Miners Regain Control Over Their Hash Power

One problem that concerns many is the centralization of mining within the Bitcoin ecosystem. Fortunately, there are talented developers working to solve this problem and Matt Corallo, full-time Bitcoin developer at Chaincode Labs, is one of them. His BetterHash Mining Protocol is intended to significantly decrease the problems associated with mining pool centralization.What Are Mining Pools?First, it is important to ...

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Op Ed: Bitcoin Mining Attacks Are Overblown

Whenever I claim that bitcoin is the only decentralized cryptocurrency, I get one of two arguments:My X coin is also decentralized.Bitcoin isn’t decentralized because of Core and/or miners.I’ll leave 1 and the first half of 2 for another day, but the “mining centralization” argument is what I want to tackle in this article.The questions I’ll be answering are:Is Bitcoin mining ...

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Haven, a New App From OB1, Lets Users Chat, Shop and Send Crypto Privately

Blockchain startup OB1, the developers of decentralized shopping platform OpenBazaar, have announced Haven, a privacy-focused app for socializing with friends and making purchases with cryptocurrencies.The project was announced by Brian Hoffman, founder and CEO of OB1, at the North American Bitcoin Conference in Miami. The developers claim that Haven will “enable users to shop, chat, and send cryptocurrencies privately from ...

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Binance Expands Fiat-to-Crypto Exchange Into Europe Via Jersey

Binance’s cryptocurrency exchange platform has expanded into the European market with its entry into the Island of Jersey, a self-governing dependency of Great Britain. Binance Jersey will allow trading of popular cryptocurrencies bitcoin (BTC) and ether (ETH) against the euro (EUR) and the British pound (GBP).The exchange will launch with four trading pairs, including BTC/GBP, ETH/GBP, BTC/EUR and ETH/EUR.In a ...

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Living on Bitcoin Day 4: The Uphill Climb

I woke up in a state of amazement: In my three days of living on bitcoin, I had managed to survive on a handful of services and the generosity of friends.Hungry for any place that would let me spend it, I was more determined than ever to call up every single store in the Bay Area that might accept bitcoin. ...

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