Yesterday, KnCMiner began accepting pre-orders for their first ASIC scrypt-based mining rigs. Dubbed the “Titan”, KnCMiner claims that each unit will be capable of mining scrypt-based coins (Litecoin, etc) at a rate of at least 100 Mh/sec—far in excess of what GPU-based rigs are capable of today. KnCMiner hasn’t shared power consumption estimates thus far, […]
Archive for March, 2014
Newsweek seemingly outs Bitcoin creator Satoshi Nakamoto
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In a story published this morning, Newsweek has finally exposed the identity of Bitcoin creator Satoshi Nakamoto. Or at least, Newsweek believes that it has. The story is an odd account of a perhaps over-zealous journalist ambushing a man at his house in California, and proceeding to ask him questions about Bitcoin that he mostly […]