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Faster, higher, further: Bitmains new Bitcoin Mining Hardware

the is The world leader in the Mining sector has brought the new Generation of its Miner on the market. The more economical and more powerful devices from Bitm

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Faster, higher, further: Bitmains new Bitcoin Mining Hardware
the is The world leader in the Mining sector has brought the new Generation of its Miner on the market. The more economical and more powerful devices from Bitmain will make the Mining of BTC, BCH, Zcash and Kommodo more lucrative. The Community responded with mixed feelings. Between re-centralisation and conciliatory words of the threat.

Max Halder
10. April 2019TeilenFacebookTwitterLinkedInxingemail

In each list with the most important features of Bitcoin will find on the top ranks of the decentralisation aspect. A System works on a decentralised basis, the consumer does not have to rely on a Central authority. The result: less arbitrary, more equality. In the centre of the centralization debate, the world's largest manufacturer of Mining Software: Bitmain is always. Within the last month, the Chinese company brought several new Mining devices on the market. Critics fear that as a result, the basic principle of the subtle is decentralization in danger.

words into deeds

After the announcement in February, Bitmain implemented his plan now in action. The new Antminer appeared in triplicate: S17 Pro, S17, and T17. In all of the new BMI1397 is installed Chip. The Mining-algorithm SHA-256 specialized device is suitable, among other things, for the Mining from Bitcoin, Bitcoin, Cash, Factom and Peercoin. Zcash is based on the Equihash algorithm, as well as Kommodo. And also for the Equihash algorithm Bitmain has just introduced the further developed model of the specialized device on the market: the Antminer Z11. All new devices have in common that they bring in less energy consumption, greater performance. In the case of Z11, the advance in tell was and write went 20 minutes over the stage. For the second-largest computer chip companies in China the good news is likely to be, after only recently, the stock market failed.

The Big Picture

In the parent debate about the centralization of mining is added, another Chapter. The market leader in the field of ASIC Miner Bitmain. They sell their devices under the name of the Antminer. The dependency of this company and the fear that large parts of the global Hash Rate in China focus could some of the developers and Bitcoinern is a thorn in the eye. Probably the most private of all crypto-currencies, Monero, in the past, always on the side of the Community. So the developers of Monero by led immediately to a Hard Fork, after Bitmain the Antminer X3 on 5. April 2018 on the market, to name just one example.

In Zcash, however, it seems different. The developers have this problem while on the screen, you see but in other areas, a greater need for action. Also, the Community is a little concerned about a possible centralisation. The critical voices are asking, however, to follow the example of Monero, or to switch from PoW to PoS to:

Why the developers of ASIC miners? This was a Disaster. What has changed? Why no-one takes a little while Zcash is destroyed?

in spite of the possible risks, the market responded positively to the Z11: Within 24 hours the rate increased by more than five percent. Binance listed new Trading pairs with Zcash. Furthermore, the cost of a 51-percent had doubled, now attack more than.

Thinking outside the box

A game theoretically plausible thoughts on the subject of centralisation, the well-known ETH-developer Alexey Akhunov brought from the Mining to the table:

If we want the current ETHash be Miner obsolete, but we want to provoke at the same time on the side of the ASIC manufacturer no secrecy, we need to deal diplomatically and on a ASIC-friendly, instead of an ASIC-hostile algorithm change. What is the opposite of what we do at the Moment. [...] It would be absolutely great if we could promote a transparent dialogue between developers and ASIC manufacturers, such as Linzhi. The chief developer of Ethereum is not to know. Very helpful more information about the performance of the devices.

Akhunov is true to the extent that he refers to the cleavage within the crypto Ecosystem, and reconciliation advises. Only with United forces, the (R)will be able to succeed in the evolution of the financial system.

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