Mining Archives - Smith + Crown

Tag: Mining

Introduction to Decred

Decred is a cryptocurrency designed for P2P payments in a similar vein as Bitcoin, albeit with a focus on governance through a hybrid PoW/PoS consensus architecture. While not a fork of Bitcoin, Decred utilizes several of its design elements and explicitly aims to improve upon Bitcoin’s perceived shortcomings. Decred emphasizes governance input for all stakeholders through an on-chain voting and public proposal system; it was the first blockchain to implement an on-chain, token holder-approved hard fork.

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What is Zcash?

Zcash lauches at the end of October. The highly anticipated cryptocurrency brings truly anonymous transactions using zero-knowledge proofs.

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Litecoin’s Difficulty Falls to 2016 Lows

Litecoin’s difficulty has fallen to the lowest level in 2016 after the recent difficulty update. Litecoin is losing its luster as the ‘silver to Bitcoin’s gold’ as other cryptocurrencies like Ethereum gain in popularity.

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Bitcoin Difficulty Rises 20%; Highest Increase Since August 2014

Bitcoin difficulty has increased 20.06% in the latest adjustment, reaching an exahash per second (an exahash is 10^18 hashes per second, or a billion gigahashes per second, GH/s). The latest difficulty value is 1,031,625,717 GH/s or about 1.03 EH/s, according to Bitcoin Wisdom which tracks the difficulty and hashrate of the Bitcoin network. For comparison, Litecoin’s last difficulty […]

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Bitcoin Difficulty Compounds at 8.13% Per Month in 2015

Bitcoin difficulty has continued its upward trend in 2015, even as the price stabilized. The primary reasons for this trend are the continued creation of better, more efficient mining hardware and industrialization of mining as more of it moves to data centers from hobbyist mining.

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