Miners Beware – FairCoin Activates Cooperative Blockchain

Miners Beware – FairCoin Activates Cooperative Blockchain Massive amounts of digital ink have been spilled over the UASF/UAHF Bitcoin conundrum, and as the Aug. 1 deadline approaches, undoubtedly more will come. What’s more, the Ethereum and Bitcoin mining communities are notorious for energy usage that exceeds that of small nations. With all the chaos of miners bickering and competition…

Bitcoin Miners Miss the First BIP 148 “Deadline”

Bitcoin Miners Miss the First BIP 148 “Deadline” Bitcoin miners at large have missed the first BIP 148 “deadline” to prevent a “split” in Bitcoin’s blockchain. As Bitcoin’s scaling dispute appears to be heading for a climax, the next couple of weeks could prove pivotal. One scaling solution in particular,Bitcoin Improvement Proposal 148 (“BIP 148”), is scheduled to…

How Bitcoin Scaling Conflict Can be Resolved Between Developers and Miners

How Bitcoin Scaling Conflict Can be Resolved Between Developers and Miners As the bitcoin industry and market continue to expand at an exponential rate, the community is expecting the activation of a viable scaling solution to address this growth. The Bitcoin Core development team’s transaction malleability fix, Segregated Witness (Segwit), has been the preferred method of…

Mining, Merchants, and Traders—Thailand’s Got the Bitcoin Fever

Mining, Merchants, and Traders—Thailand’s Got the Bitcoin Fever Thailand’s Queen Sirikit Convention Center Fills With Cryptocurrency Mining Enthusiasts The Commart expo girls promoting GPUs. On June 22 a large group of people gathered at a computer expo in Thailand to purchase computer components to mine cryptocurrencies. According to reports, there is a nationwide shortage of graphics…