Category: Jihan Wu

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Bitcoin.org Owner Asks the Community to Change Bitcoin’s Central PoW Algorithm

This week the owner of the web portal Bitcoin.org and Bitcointalk, a pseudonym called Cobra wrote an open letter to the bitcoin community asking them to think about changing the Bitcoin core network’s Proof-of-Work algorithm. Also read: Ross Ulbricht...

Bitcoin Hardware Manufacturer Bitmain Made a Profit of up to $4 Billion Last Year

The wealth of bitcoin mining titan Bitmain has long been assumed to be north of “huge”. Thanks to its near-monopolization of the ASIC manufacturing business, Bitmain has effectively had a license to print money. This week, Bernstein analysts...

Social Network Yours.org Raises $1.5m to Introduce Cryptocurrency to the Masses

Crypto-focused social network Yours.org, which enables contributors to earn bitcoin cash for creating content, is poised to ramp up its operations after securing $1.5 million. The Series A funding, courtesy of mining specialists Bitmain and Nchain, will aid...