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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. [3] [4]
In mid-August 2011, bitcoin mining botnets were detected, [12] [13] [14] and less than three months later, bitcoin mining trojans had infected Mac OS X. [15] In April 2013, electronic sports organization E-Sports Entertainment was accused of hijacking 14,000 computers to mine bitcoins; the company later settled the case with the State of New ...
An increase in cryptocurrency mining increased the demand for graphics cards (GPU) in 2017. [78] The computing power of GPUs makes them well-suited to generating hashes. Popular favorites of cryptocurrency miners, such as Nvidia's GTX 1060 and GTX 1070 graphics cards, as well as AMD's RX 570 and RX 580 GPUs, doubled or tripled in price – or ...
Zerocoin is a privacy protocol proposed in 2013 by Johns Hopkins University professor Matthew D. Green and his graduate students, Ian Miers and Christina Garman. It was designed as an extension to the Bitcoin protocol that would improve Bitcoin transactions' anonymity by having coin-mixing capabilities natively built into the protocol.
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.
Bitcoin has drawn criticism from environmentalists for the vast amounts of electricity required to support its network and mint new units of the cryptocurrency, with recent analysis from the ...
The possibility of a 51% attack was feared due to the popularity of GHash.io's mining pool. This kind of attack occurs when a single miner or mining pool is able to mine multiple bitcoin block rewards in a row. This would be a problem for the bitcoin network, because it hypothetically allows the mining pool to double-spend (counterfeit ...
Mobile PCI Express Module (MXM) is an interconnect standard for GPUs (MXM Graphics Modules) in laptops using PCI Express created by MXM-SIG. The goal was to create a non-proprietary, industry standard socket, so one could easily upgrade the graphics processor in a laptop, without having to buy a whole new system or relying on proprietary vendor upgrades.