Bitcoin Candy: Bitcoin Cash hard fork is on the way

Bitcoin Candy is a fork of Bitcoin Cash that is stated to occur at block height 512666 on January 13 and is going to apply anti-quantum attacks solutions of Bitcoin
11 January 2018   1839

The team of Bitcoin Candy has announced on the official website of the fork that Bitcoin Cash will undergo a hard fork at block height 512666, after which some of the improvements proposed by the community will be added to the forked chain. They are planning to explore anti-quantum attacks solution of Bitcoin based on the cryptography background.

The main features of Bitcoin Candy are stated as follows:

  • Fast: Block interval adjusted to two minutes
  • Lower threshold: Total supply adjusted to 21 billion
  • Decentralization: Equihash (GPU) PoW algorithm
  • Safe: Anti-quantum attack exploration and no SegWit

Bitcoin Candy logoBitcoin Candy logo

Other important features of Bitcoin Candy enlisted on the official website of the hard fork:

  • Hardfork height: 512666(Bitcoin Cash)
  • Estimated hardfork time: 2018/01/13
  • PoW algorithm: EQUIHASH(GPU)
  • Supply: 21 billion
  • Distribution ratio: 1:1000
  • Pre-mine: Yes, 1% of supply will be pre-mined
  • Block interval: 2 minutes
  • Replay protection: Yes
  • Block size: 8M
  • Segwit: No
  • Difficulty adjustment: Difficulty adjustment

Bitmain to Announce New ASIC Chip

BM1397 chip requires less energy and is able to achieve efficiency at 30J / TH
18 February 2019   99

This Monday, the Chinese mining company Bitmain announced the next-generation 7-nm chip codenamed BM1397, which, according to it surpasses its predecessors in performance and energy efficiency and is suitable for mining cryptocurrencies on the SHA256 algorithm, including Bitcoin and Bitcoin Cash.

The BM1397 chip requires less energy and is able to achieve efficiency at 30J / TH, which is “higher by 28.6% than the previous 7-nm chip from Bitmain”, codenamed BM1391.

BM1397 is manufactured using TSMC, a Taiwan-based semiconductor product company, which is one of the leading suppliers in the cryptocurrency mining industry.

The BM1397 chip will be installed in the new ASIC miners of the Antminer S17 and Antminer T17 models, the release of which Bitmain promises to announce later. The company does not provide other details of the updated devices in its message.