On January 1, the ETH network at block 9200000 hosted the Muir Glacier hard fork, which once again delayed the activation of the “complexity bomb” - an increase in network complexity every 100,000 blocks, designed to encourage miners to switch to the Proof-of-Stake (PoS) algorithm. This time, the “complexity bomb” has been delayed by 4 million blocks.
This is simply the answer to the question that Ethereum is also mined.
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BoardAnnouncements (Altcoins)
Re: [ANN] [CryptoNight] BminerCoin - Heavy mining and remote control
Mining is not the same as it was about 5 years ago. Maybe they’ll come up with something new.
Of course, mining is not the same as 5 years ago, because they constantly come up with something new.
The era of home mining has finally become a thing of the past, but thanks to the transition of Ethereum to the PoS algorithm, it may return again this year. But whether it will be possible to make money on it is a big question.
Getting rich at Bitcoin mining will also become more difficult - the reward for the mined block in the Bitcoin network will be halved and mining will only be profitable with a MTC price of $ 16,000, and so far the coin has little chance of rising to that level.
But, despite all the difficulties, the mining market is alive, developing, and can bring good money.
2018 was a difficult year for miners. The Chinese authorities have outlawed mining, the industry has come under a de facto ban in South Korea.
Then the largest manufacturers of mining equipment - Bitfury, Bitmain, Ebang, Canaan, Genesis Mining, Nvidia, AMD - reported a decrease in demand from miners and a drop in profits, some pools and companies closed.
But in 2019, the situation improved: Bitcoin and the market grew, new generations of energy-efficient devices appeared.
The market not only survived, but continued to grow. Among the constraining factors, experts highlight high transaction costs, leading to low profitability.
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Re: [ANN] [CryptoNight] BminerCoin - Heavy mining and remote control
by
menaboy
on 25/05/2020, 18:59:39 UTC
What cryptocurrencies are mined? Only Bitcoin or some other?
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BoardAnnouncements (Altcoins)
Re: [ANN] [CryptoNight] BminerCoin - Heavy mining and remote control
I heard that there is hidden mining. What does it mean?
Hidden is called mining, which uses other people's resources, for example, launching mining by employees on corporate servers, or introducing code for mining into viruses and trojans.
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BoardAnnouncements (Altcoins)
Re: [ANN] [CryptoNight] BminerCoin - Heavy mining and remote control
As of May 21, 2020, the VINAKS crypto exchange has a trade turnover of $ 1.22 billion or 130,494.54 BTC and takes the place No. 77 in the ranking of cryptocurrency exchanges in terms of trading volume over the past 24 hours. Over the past 24 hours, the trading volume of the VINDAKS cryptocurrency exchange increased by 25.50% ($ 248,490,954.45). In the past week, the total trading volume of the VinDAX cryptocurrency exchange is $ 5.72 billion or 610,369.15 BTC, and over the past month the total trading volume is $ 31.84 billion or 3,397,851.84 BTC.
This is an article from one site.
A very good feature. Good leadership selection. I wish you to get to Bitmex.
And why Bitmex? After all, there are many other large exchanges.
This year, he did not get into the top cryptocurrency exchanges. This is very strange for me. Good exchange.
And which exchanges are in the top? And who is this?
Did the virus somehow affect cryptocurrencies? I did not notice much change?
At first it was very influential. There were sharp drops, sharp increases. Now it’s a little normal.
Cryptocurrency market and stability are two different things. Now the price is one, but after 5 minutes it can rise or fall dramatically. Therefore, I believe that the virus has not affected the market.
I do not agree with you. In mid-March there was a very strong pressure down. And I think this is because of the virus. More precisely because of the panic.