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Con Kolivas is a Greek-Australian anaesthetist. [1] He has worked as a computer programmer on the Linux kernel and on the development of the cryptographic currency mining software CGMiner. [2]
NiceHash is a cryptocurrency broker and exchange with an open marketplace for buyers and sellers of hashing power. The company provides software for cryptocurrency mining.The company was founded in 2014 by two Slovenian university students, Marko Kobal and Matjaž Škorjanc. [1]
The domain name bitcoin.org was registered on 18 August 2008. [15] On 31 October 2008, a link to a white paper authored by Satoshi Nakamoto titled Bitcoin: A Peer-to-Peer Electronic Cash System was posted to a cryptography mailing list. [16] Nakamoto implemented the bitcoin software as open-source code and released it in January 2009. [6]
GPU mining is the use of Graphics Processing Units (GPUs) to "mine" proof-of-work cryptocurrencies, such as Bitcoin. [1] Miners receive rewards for performing computationally intensive work, such as calculating hashes , that amend and verify transactions on an open and decentralized ledger.
Litecoin (Abbreviation: LTC; sign: Ł) is a decentralized peer-to-peer cryptocurrency and open-source software project released under the MIT/X11 license.Inspired by Bitcoin, Litecoin was among the earliest altcoins, starting in October 2011.
Bitmain's first product was the Antminer S1 which is an ASIC bitcoin miner making 180 gigahashes per second (GH/s) while using 80–200 watts of power. [8] Bitmain as of 2018 had 11 mining farms operating in China. [7] Bitmain was involved in the 2018 Bitcoin Cash split, siding with Bitcoin Cash ABC alongside Roger Ver. [9]
Cloud mining is the process of cryptocurrency mining utilizing a remote data center with shared processing power. [1] Cloud mining has been used by ransomware groups and scammers to launder cryptocurrency. [2] This type of cloud mining enables users to mine bitcoins or alternative cryptocurrencies without managing the hardware.
canaan.io Canaan Inc. , doing business as Canaan Creative and known simply as Canaan , is a China-based computer hardware manufacturer. Established in 2013 by N.G. Zhang, [ 2 ] Canaan specializes in Blockchain servers and ASIC microprocessors for use in bitcoin mining .