Cryptomining manufacturer Bitmain has revealed the release date for its next-generation Antminer S17 series, in time for the anticipated bull run leading up to next year's bitcoin "halving."
ASIC chip manufacturer Canaan Creative is closing the gap between itself and cryptocurrency mining industry leader Bitmain after a massive infusion of capital.
The question here is whether bitcoin mining is a single point of failure. Could a government or other authority control Bitcoin through controlling a single entity in mining? What would it actually take to “take over”?
The Chinese crypto mining company Bitmain has apparently been hit hard by the bear market and is looking to sack more than half of their entire workforce.
The filing of the complaint against Bitmain says that the plaintiff class “is so numerous that joinder of all members is impractical. On information and belief, the class includes more than 100,000 members.”
Researchers Cyril Grunspan and Ricardo Pérez-Marco claim that by broadcasting the presence of orphan blocks, selfish mining can become a thing of the past.
The acquisition will position the two companies into a partnership wherein they will seek to expand their products and services, taking particular aim at institutional investors.
PREDICT BITCOIN
