Bitmain to Develop Ethereum ASIC Miner

Largest mining equipment manufacter is working on the completely new device
16 February 2018   992

The world's largest producer of mining equipment Bitmain is working on the creation of Antminer F3 - ASIC-miner for the second largest capitalization of crypto currency Ethereum. This is reported by IBTimes referring to local technology publications. This is reported by Ib Times.

As the source notes, Antminer F3 will be equipped with three motherboards in each of which will be installed on six devices for the Ethereum mining. Each board will have 32 DDR3 RAM modules with a capacity of 1 GB. According to a number of sources, the hash of the device will be 200-220 MH / s, but with the specified specifications, this figure can be expected to be higher

It is assumed that the production of new equipment for the production of ETH will begin at the end of this month. In the world market the novelty will appear approximately in II-III quarter of this year. The price of Antminer F3 will be set at $ 2500- $ 3000.

Bitcoin Core to Launch Alternative Mining Protocol

'The miners are now the miners again', Matt Corallo, Bitcoin Core developer says
04 July 2018   244

The developer of Bitcoin Core, Matt Corallo launched a new protocol 'BetterHash' to enhance the decentralization of mining. This is reported by Bitcoinist.

The protocol provides an opportunity to use its own block templates. The miners will continue to pay pools and interact with them, but the owners of the pools will not be able to control them.

This protocol is designed to allow users to run their own full node if they want to… they can build their own templates, select their own transactions (not censor transactions), choose which block they’re mining on to prevent a 51% attack or a selfish mining attack. The miners are now the miners again, rather than the miners being the pools.
 

Matt Corallo
Developer, Bitcoin Core

The protocol configuration differs from the main bitcoin pools, such as Bitmain and Antpool, which use the Stratum protocol, the protocol most popular among the miners.

Over Stratum you get the block templates, you get information about how to build the coinbase and also information representing all of the transactions in the block. This means that end user miners have largely no control over what they’re mining on.
 

Matt Corallo
Developer, Bitcoin Core

The fears of crypto community continue to grow due to the impact of large mining pools. In particular, the leading manufacturer of mining equipment Bitmain currently controls about 42% of the hashrate, and its share continues to grow to new record highs.

Bitmain may soon gain control over 51% of the bitcoin hash network. This will be possible if the ViaBTC mining pool, with a capacity of 9% of the total network hash, will join Bitmain.