Because of the exceptionally low fee endemic in the current BSV ecosystem, the amount of block reward in fees for most of the transactions hardly make it worthwhile for a miner to put into blocks.
TAAL released a conversation between Adrian Brijbassi and CEO Richard Baker, where they talked about maximizing Bitcoin mining profitability, mining three Bitcoin blockchains, and more.
If one chain scales in price or transaction volume, miners will switch to that chain without hesitation—regardless of their political positioning, Joshua Henslee writes.
In the face of the bull run and NFT boom, environmentalist activists have once again targeted Bitcoin’s industrial infrastructure for criticism based on the assumption that proof of work for building blocks is a waste of electricity.
If a chain is profitable to mine, they will mine it regardless of ‘Aussie man bad’, what Twitter says or even in spite of their own statements.
BCH experienced another setback this week as the network failed to produce a single block over an abnormally long period.
Bitmain has introduced two new mining options to its Antminer line. Both reportedly 7 nanometer (nm) miners, which is about all the company offered in the way of details.
Cryptocurrency mining giant Bitfury Group has unveiled its latest crypto mining application-specific integrated circuit (ASIC) chip, the Bitfury Clarke.