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Bitcoin-Core and Blockstream have been developing Asics to sell for profits. They removed Asicboost since it competed with their Asic miner hardware. This is ridiculous and a HUGE conflict of interest.

https://bitcoinmagazine.com/articles/bitcoin-developer-about-take-mining-hardware-industry/
BtcDrak, the most active pseudonymous Bitcoin Core contributor to date, is making a move into the mining hardware industry. The developer, who besides having contributed to the Bitcoin Core repository also maintains bitcoincore.org and the Bitcoin Core Community Slack, told Bitcoin Magazine he helped set up ASIC chip manufacturing company Halong Mining over the past year, and produced an initial batch of mining hardware, with plans to ship to consumers in early 2018.
its name references the Dragons' Den, an (in)famous private chat channel on the Bitcoin Core Community Slack
Vitalik Buterin predicted that this type of conflict of interest, would happen and therefore decided not to use Bitcoin to build his software protocol (now ethereum), since he was concerned that the devs would fork the code in order to destroy his (and others') project. He has now been proven to be correct regarding his concerns.
https://twitter.com/VitalikButerin/status/929805462052229120
The very earliest versions of ETH protocol were a counterparty-style metacoin on top of primecoin. Not Bitcoin because the OP_RETURN wars were happening at the time and...
...given what certain core devs were saying at the time, I was scared that protocol rules would change under me (eg. by banning certain ways to encode data in txs) to make it harder, and I did not want to build on a base protocol whose dev team would be at war with me.
Bitcoin-Core/Blockstream soft forked AsicBoost potential usage off Bitcoin and ran a scare campaign against Asic manufacturers. It turns out they themselves are an Asic manufacturer and it was all a ploy to sell their own products. Instead of marketing themselves, they attacked others, and changed the actual Bitcoin code so their products would have an advantage (Segwit code removes Asicboost , amongst other changes).
submitted by localbitecoins to BitcoinMarkets [link] [comments]

The End of Bitcoin Mining - Crypto Mining is DEAD Bitcoin Magazine - YouTube Cpuwin bitcoin could mining scam or legit Bitcoin Mining 2019 - Should We Mine Bitcoin? - YouTube How To Mine 1 Bitcoin in 10 Minutes - Blockchain BTC Miner ...

Primecoin is one of many alternative cryptocurrency projects that have been launched since the initial success of Bitcoin, that was released in 2009.The first alternative coin project (named Namecoin) was introduced in 2011. In 2013 and 2014, the alternative coins (altcoin) market grew exponentially, and many types of alternative coin projects were started. Alternative cryptocurrencies, like Litecoin, Primecoin and PPCoin, have gotten a significant amount of bad press recently.Lead Bitcoin developer Gavin Andresen wrote an article criticizing altcoins as being a way of getting around Bitcoin’s 21 million currency supply limit and “getting back to an ‘inflate on demand’ world” and, more recently, Daniel Krawisz from The Mises Circle ... Primecoin: the cryptocurrency that can make mining useful By Maria Santos Last updated on January 2, 2018 at 00:00 No Comments One of the problems that Bitcoin miners often point out is that solving the complex and random algorithms that generate digital coins is a difficult process that spends a lot of energy and doesn’t have any other practical benefit. Peter Chawaga is a senior editor at Bitcoin Magazine. He HODLs BTC. Peter Chawaga October 14, 2020. Tweet. Share. Share. Share. Recent Posts. Video: Bitcoin Eclipse Attacks And How To Solve For Them . November 13, 2020; 1 min Read; Multisig Coordination Software Nunchuk Releases Its Code. November 13, 2020; 1 min Read; Bitcoin Cash Might Split Again This Weekend. This Is Why (And How) November ... Rosewill Bitcoin Case, Server Chassis, Server Case, Rackmount Case for Bitcoin Mining; 4U Metal Rackmount Bitcoin for 6 GPU; Solution for Building a Mining Rig, Ethereum ETH, Bitcoin BTC, Litecoin. 4.2 out of 5 stars 37. More Buying Choices $139.99 (1 new offer) Antminer T17+ 64TH/S Bitcoin T17+ 64th 3250W Antminer Bitcoin Miner Mining Machine Better Than Antminer S17. 4.4 out of 5 stars 6 ...

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The End of Bitcoin Mining - Crypto Mining is DEAD

Primecoin Explained {XPM}{Ψ} - Duration: 7:34. ... How to BitCoin mine using fast ASIC mining hardware - Duration: 27:15. Barnacules Nerdgasm Recommended for you. 27:15. Why I left my $200k job ... Bitcoin Magazine is the oldest and most established source of news, information and expert commentary on Bitcoin, its underlying blockchain technology and th... What it really takes to mine a Bitcoin in 10 Minutes. Firstly I'll show you a special free method to mine Bitcoin and send funds directly to your wallet in 1... In this video Jason explains what this new cryptocoin, primecoin is and how you can get involved in mining and investing. Creator: Sunny King Created: July 7th, 2013 Proof of Work 1 block per ... Here I show you how to restore a Primecoin wallet from a backup. The process is quite straight forward as you will see, but let me know if you get stuck and I'll do my best to help. I show you how ...

http://gpu-mining-bitcoin.cidestdol.gq