Bitcoin for all: Canaan Creative has announced the TV for the mining of cryptocurrencies

Date:

2018-08-04 04:45:07

Views:

3595

Rating:

1Like 0Dislike

Share:

Bitcoin for all: Canaan Creative has announced the TV for the mining of cryptocurrencies Source:

The Second largest manufacturer of equipment for mining announced a new product that will get the bitcoin in every home. Canaan Creative leadership hopes to promote the decentralization of Bitcoin network with the help of television for mining. About it writes .

the

instead of the TV show

The TV has received the name AvalonMiner Inside. TV has an average of Hasrat about 2.8 trillion hashes per second. For comparison: the most powerful asik Canaan Creative can process 11 trillion hashes per second.

AvalonMiner Inside will be equipped with artificial intelligence, voice control and a built-in calculator to estimate the profitability of mining. Mined bitcoins can immediately spend in the store Canaan Creative, where you will place the paid features entertainment services and gift cards.

Some analysts did not approve the initiative of the company. The financial expert from the Beijing Xiao lei explained why the idea of TV for hashing is doomed to failure.

It's more like a HYIP. It would be much more useful if Canaan Creative somehow added new functionality to already existing brands of televisions.

Now Canaan Creative is the second largest manufacturer of equipment for mining. Last year the company sold about 300 thousand of their ASIC miners. Since the beginning of 2018 Canaan Creative has reached so high, that even plans for an IPO.

The Main competitor of the manufacturer is Bitmain. The company Gihan Wu owns the two largest pools and a significant proportion Hasrat Bitcoin. Bitmain on the market led to a strong concern of the community. Some are afraid that Bitmain can attack 51 on the Bitcoin network.

About the monopolization of mining spoke even acne Buterin. He has published several issues in the WeChat group Finance Mars Global Family.

Bitmain and its child pools captured 53 percent Hasrat Bitcoin. Is that not the problem? PoW burns billions of dollars every year, which is more than all the hacker attacks together. Is it not a tragedy?

Doctors said that Bitmain is not profitable to attack Bitcoin, as it would undermine the company's position in the market. However, the situation is still bad for the decentralized cryptocurrency.

How about you? Waiting for your opinion .

Recommended

CRYPTOMACH / Maximum exchange rate of Bitcoin in the future, the output of the crypts on the map, Ycash and the Board of Finance

CRYPTOMACH / Maximum exchange rate of Bitcoin in the future, the output of the crypts on the map, Ycash and the Board of Finance

the long-awaited summer. Niche cryptocurrency supported the event and gave unusually hot week. During the last seven days, we learned about the new line of graphics cards from AMD, the mining in TON and hard forks . In addition dealt with the profita...

Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam

Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam

co-Owner Bitcoin.org and most popular forum about cryptocurrency Bitcointalk.org Cobra called Coinbase Scam Pro trading platform American crypto currency exchange Coinbase. In his tweet he wrote «if you read Coinbase Pro backwards, get the word ...

The Ethereum is a cryptocurrency Scam. A new report Chainalysis

The Ethereum is a cryptocurrency Scam. A new report Chainalysis

When people learned how to create a new cryptocurrency and began to build their infrastructure like marketplaces, in the field began to appear and fraud. According to blockchain auditor Chainalysis for the past two years, fraud in the ecosystem has s...

Comments (0)

This article has no comment, be the first!

Add comment

Related News

VEB and the Grozny mayor's office transferred the housing sector on the blockchain

VEB and the Grozny mayor's office transferred the housing sector on the blockchain

In February, the first Deputy Chairman of VTB Olga Dergunova positively the prospects of the blockchain. According to her, the technology will improve the speed of transactions and security standards. To move from words to action ...

Hacker 1337. How to hack Etherscan not to cause any harm

Hacker 1337. How to hack Etherscan not to cause any harm

Monday on the website Etherscan.io appeared a pop-up message with the numbers 1337. The visitors began to panic and spread rumors about hacking Explorer. really hacked, but the damage from a hacker attack was zero. About it writes...

Bart Smith: the abolition of the ETF of the Winklevoss brothers did not affect Bitcoin

Bart Smith: the abolition of the ETF of the Winklevoss brothers did not affect Bitcoin

And although the recent rollback of Bitcoin could scare off many investors, most experts in the industry keeps talking about a new bullish trend. Recently «cryptococal with wall street» Bart Smith said in an interview wi...

Brian Kelly: reducing the cost of Bitcoin — a short-term correction

Brian Kelly: reducing the cost of Bitcoin — a short-term correction

In may, investor and co-founder of hedge Fund BKCM Brian Kelly in the short term will rise to 14 thousand dollars. The reason for growth will be the production of products to trade coins major investment banks by type Goldman Sach...

Willy Wu: Bitcoin is waiting for another drop before ballroom

Willy Wu: Bitcoin is waiting for another drop before ballroom

the Analyst with a great experience in may predicted that Bitcoin would have to drop below $ 6,000, because only then we can talk about any signs of a new uptrend. At this time, Wu once again talking about another sharp drop of th...

What is the secret of popularity of Litecoin? Expert opinion

What is the secret of popularity of Litecoin? Expert opinion

Chief analyst, Mati Greenspan eToro has recently published an exhaustive analysis of Litecoin. The expert came to the conclusion that the coin can be considered a full-fledged money due to the revolutionary agreements previously e...

The electoral Commission state in the United States were forbidden to make donations to candidates in bitcoins

The electoral Commission state in the United States were forbidden to make donations to candidates in bitcoins

Many officials and banks argue that cryptocurrency is only used to pay for assassinations, drug trafficking, and money laundering. However, that's not entirely true — for example, in January, the ICF Church in Zurich, Switzerland ...

Arthur Hayes: ETF for the cryptocurrency will be sent the Bitcoin price into the stratosphere

Arthur Hayes: ETF for the cryptocurrency will be sent the Bitcoin price into the stratosphere

Despite the claims of the Winklevoss brothers, cryptocommunist is still pending the establishment of the first cryptocurrency ETF. In a recent interview, BitMEX CEO Arthur Hayes told what value to new industries has stock cription...

As banking regulation, KYC / AML inhibits the development of Scripturally

As banking regulation, KYC / AML inhibits the development of Scripturally

In April the co-founder of the consulting company Crypto Investment Orchal Partners Adrian Lai that the introduction of regulation of digital money stimulates the industry to develop. Contrary to popular belief that the cause of t...

How to start a mine in an adult. Example Blockstream

How to start a mine in an adult. Example Blockstream

the Company has recently acquired a large lot of equipment for mining with a total value of $ 5.2 million. Overall, Hasrat new Asimov Blockstream can reach 80 PH/s, while the whole of Hasrat Bitcoin at the moment is 50 000 PH/s. A...

At Coinmarketcap there is a paid API. Why and who needs it?

At Coinmarketcap there is a paid API. Why and who needs it?

launch a paid API, the company said in its publication on 1 August. A new product aimed at Coinmarketcap third-party resources that can obtain accurate price data, capitalisation and trading volume of coins at different cryptomeri...

ICO is canceled? In Telegram service, Passport found a critical vulnerability

ICO is canceled? In Telegram service, Passport found a critical vulnerability

last week, the Telegram messenger has presented the Passport service to store users ' personal data. One of them including includes the passports and other documents, which may require banks and other institutions. The company pro...

Proud: the number of mining companies in Russia grew 15 percent year over year

Proud: the number of mining companies in Russia grew 15 percent year over year

In January, private investors for the first time in Russia, two plants for mining. It was about Kizelovskaya GRES in the Perm region of the 23.6 MW CHP and Sarapul in Udmurtia 10 MW. because Of relatively inexpensive electricity, ...

How to protect your wallets from hacking: six non-obvious ways

How to protect your wallets from hacking: six non-obvious ways

a study by the American company Foley & Lardner showed that 71 percent of large traders and captainvalor considers hacking attacks and fraud are the most serious factor that has a negative impact on the market. Respondents no...

Analyst at PwC in the future will survive only real digital currency. Such as Bitcoin

Analyst at PwC in the future will survive only real digital currency. Such as Bitcoin

early In the week, one of the most famous investors on wall street, 67-year-old bill Miller that Bitcoin is the most promising coin and altcoins are of no use. According to him, in the future will survive only the first cryptocurr...

Thailand will use the blockchain for the sake of prosperity and a brighter future. What's the plan?

Thailand will use the blockchain for the sake of prosperity and a brighter future. What's the plan?

According to the report , the Association of Thai bond market intends to reduce the time for issue of certificates for bonds at least twice. The main objective is to support the secondary market. To help can the blockchain. the In...

The South Korean company

The South Korean company "found" the Russian cruiser gold. She was accused of fraud

In July, the South Korean company Shinil Group announced that it had found the Russian cruiser "Dmitry Donskoy", which sank during the Russo-Japanese war. On Board the ship is supposed to be a gold 133 billion dollars — it is twic...

Russian miner owed 48 thousand rubles for electricity. Nothing will

Russian miner owed 48 thousand rubles for electricity. Nothing will

news Agency reports: «the owner of cryptotermes in Cherepovets owed energy of 48 thousand rubles». Information from «news Agency» not much, but its enough for our wildest speculation. We know that the need for ...

Paul Krugman: the cryptocurrency will throw the financial system for 300 years ago

Paul Krugman: the cryptocurrency will throw the financial system for 300 years ago

again criticize winners of the Nobel prize. One of the most famous economists of our time, Paul Krugman gave an interview to The New York Times, which stated that the main bitcoin will never replace money. About it writes . the W...

Buys startup Binance Trust Wallet. What does it mean?

Buys startup Binance Trust Wallet. What does it mean?

the Binance announced the successful purchase of a startup California Trust Wallet. Previously the platform team has worked to develop secure crypto and decentralized browser applications. About it writes . the New successes Binan...