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    Blockcap To Establish New Offices In Texas
    Crypto News Point
    • Apr 13, 2021
    • 2 min

    Blockcap To Establish New Offices In Texas

    Blockcap, the North America-based crypto mining company, has announced that it will establish new offices in Austin, Texas. It has been reported that the mining company claimed once its new facilities are operational in the Lone Star State’s capital, its hashing power will be roughly 3.5 exahash per second from a total of 42,000 rigs, reportedly doubling its capabilities. According to blockchain data, this would represent more than 2% of the hashrate for the entire Bitcoin (B
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    Google Quantum Breakthrough Could Improve Proof-of-Stake
    Crypto News Point
    • Oct 24, 2019
    • 2 min

    Google Quantum Breakthrough Could Improve Proof-of-Stake

    The application of Google’s Quantum Computing Technology could reportedly help to improve the technology which underpins proof-of-stake (PoS) cryptocurrencies. PoS is a type of consensus algorithm where block creators are randomly chosen with a probability that proportional to their stake, while the algorithm of proof-of-work-based digital currencies uses mining. However, the PoS variant has raised doubts regarding the integrity of random selections. On October 23, Scott Aaro
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