For XMC miners

by

For XMC miners

Dear miners, Due to the recent huge ASIC invasion on the Monero-Classic (XMC) Network, overall hashrate of the network has raised significantly. As a consequence of such hashrate increase, the network’s difficulty has also enormously raised. After the ASIC invasion passed, all huge hashing powers were disconnected from the network and the network’s hashrate got […]

All you need to know about PoW-based mining algorithms

by

All you need to know about PoW-based mining algorithms

For the past 10 years since Bitcoin was introduced to the world, people all around the globe have more or less got used to some classic model of cryptocurrency existence. Cryptocurrency is a reward method for maintaining the work of the blockchain network. Blockchain network is a decentralized ledger. Maintaining the blockchain along with obtaining […]

MinerGate EOS Block Producer Reminder

by

MinerGate EOS Block Producer reminder

While almost the whole cryptocurrency market is experiencing a protracted bearish period, the worst thing you can do is to panic and go fiat. The darkest hour is that before the dawn, so it’s much better to prepare yourself for the upcoming cryptocurrencies expansion. The only question is “how?”. The only answer is “make you […]

51% attack on ETC cannot discredit cryptocurrency.

by

This is unfortunate and resulted in a lot of negative press. And any major failure casts a shadow on the entire industry.

There are several important concepts behind cryptocurrency. The first and most basic is security. We believed that trust between users was secured by the system. And this concept has justified itself. But there are still exceptions. Despite ETC’s claimed primacy of code, it was subject to a 51% attack. This is unfortunate and resulted in […]