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Publicly Traded Firms Launch New Mining Rigs, Less Hashrate Than Competitors

Two of the top mining manufacturers from China that recently had initial public offerings (IPO) released two new mining rigs. Canaan Inc. and Ebang Communications both have shares listed on the Nasdaq stock exchange, and the two firms just launched two ASIC mining devices with hashrates up to 63 terahash per second (TH/s). The two […]The post Publicly Traded Firms Launch New Mining Rigs, Less Hashrate Than Competitors appeared first on Bitcoin News.

Litecoin price falls to $57 after rising to $64

After 5:00 GMT on the 2nd of August, the Litecoin price varied within the day’s range of $55.65 to $57.66. In the first quarter of the day, LTC approached a day’s high of $65.28. 1-Day Litecoin price analysis Litecoin price chart by Trading View Litecoin traded between the $54 and $60 levels through most of […]

Wild weekend in crypto sees Bitcoin push through $12K and then crash; gold makes push for $2K

Bitcoin (BTC-USD) hit nearly a one-year high of $12.1K early Sunday and then shortly after "flash crashed" all the way down to $10.7K in the space of a few minutes. At current pixel time, Bitcoin is changing hands at $11.1K.The sudden price drop forced liquidation of nearly $1.4B worth of positions across major exchanges, reports Coindesk.Also caught up in the flash crash was red-hot Ethereum (ETH-USD), which plunged more than 20%.In Sunday evening precious metals action, gold (XAUUSD:CUR) is again making a push for $2K, earlier climbing as high as $1,994, before pulling back to the current $1,988, up 0.7% on the session. Silver (XAGUSD:CUR) is ahead 2% to $24.70.

Triple-Entry Bookkeeping: How Satoshi Nakamoto Solved the Byzantine Generals’ Problem

In 2008, Satoshi Nakamoto essentially solved the infamous computational issue called the “Byzantine generals’ problem” or the “Byzantine Fault.” Throughout the history of man, people used ledgers to record economic transactions and property ownership. A ledger is often referred to as the “principal book,” and entries can be recorded in stone, parchment, wood, metal, and […]The post Triple-Entry Bookkeeping: How Satoshi Nakamoto Solved the Byzantine Generals’ Problem appeared first on Bitcoin News.

Cardano long-term price analysis: August 2

Cardano currently stands at 8th rank with a market cap of $3.46 billion. With the coin trading at $0.1329, the coin is stuck moving sideways with no proper destination in sight. Cardano 1-day chart The post Cardano long-term price analysis: August 2 appeared first on AMBCrypto.

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