What are the benefits of standardizing hash rates, and how will the mining industry evolve over the next 12 months? We speak to BitFuFu’s independent director, Celine Lu.
Hardware is a term that is used to describe the physical parts of an information technology product. Hardware includes such things as central and graphic processing units, various types of data storages, sound cards, monitors and so on. Hardware is a crucial part of cryptocurrency mining — Bitcoin mining in particular. The processing power provided by the hardware for mining various cryptocurrencies is a key part of building a new block within a blockchain. Bitcoin mining hardware includes such types as CPU mining, GPU mining, field-programmable gate array (FPGA) mining and application-specific integrated circuit (ASIC) mining. Specifications of a particular mining tool strongly influences the efficiency of the chosen hardware for mining Bitcoins. Hardware is also an important part of the storage of Bitcoin and is used in hardware wallets, ATMs, etc.
Time for hardware wallet devices to make a difference.10587
Kraken’s security division revealed that the entire family of Trezor wallets can be hacked to steal private keys, though the method requires specialized hardware.22945
A blockchain platform and an oracle service provider are leveraging each other’s products to improve their offerings and take the technology mainstream.4849
Major global chipmaker Nvidia, popular with cryptocurrency miners, has outstripped analysts’ expectations with its latest set of quarterly financials.3010
American payments startup Uphold has announced that it will use Ledger Vault to add more security to its platform.9351
EU hardware wallet manufacturer Trezor has responded to a report from its competitor Ledger that described vulnerabilities in Trezor’s devices.7955
Ledger’s Attack Lab has found five vulnerabilities in hardware wallets of its direct competitor Trezor.10034
Intel has launched a commercial blockchain package based on the Hyperledger Fabric, also using the company’s own hardware.7318
Ethereum core developers have decided to delay their decision regarding the implementation of ASIC-resistant protocol, ProgPoW.7996
Hong Kong-based computer hardware manufacturer Sapphire is releasing a GPU for mining a newly-released privacy-oriented coin.9874
Japan’s tech giant Sony has filed two patents on blockchain hardware to boost distributed ledger performance.24160
Bitcoin mining: what is it, what are its purposes and pitfalls to avoid?48373
Coinkite has announced it is closing down its web wallet to focus on other projects after legal issues and DDoS attacks have impeded the use of the wallet.716
New Bitcoin-mining hardware may increase mining profits by 30%, claims the Indian scientist, Rakesh Kumar.900