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The proof-of-work distributed computing schemes, including Bitcoin, frequently use cryptographic hashes as a proof-of-work algorithm. Hashrate is a measure of the total computational power of all participating nodes expressed in units of hash calculations per second.
In the context of cryptocurrency mining, a mining pool is the pooling of resources by miners, who share their processing power over a network, to split the reward equally, according to the amount of work they contributed to the probability of finding a block. A "share" is awarded to members of the mining pool who present a valid partial proof ...
NiceHash was founded in 2014 by Matjaž Škorjanc, a former medical student turned computer programmer, [4] and Marko Kobal. On December 6, 2017, approximately 4,700 Bitcoins (US$64 million at the time of the hack) were stolen from NiceHash allegedly by a spear phishing attack. [5]
General-purpose computing on graphics processing units (GPGPU, or less often GPGP) is the use of a graphics processing unit (GPU), which typically handles computation only for computer graphics, to perform computation in applications traditionally handled by the central processing unit (CPU).
Hash function Security claim Best attack Publish date Comment GOST: 2 128: 2 105: 2008-08-18 Paper. [12]HAVAL-128 : 2 64: 2 7: 2004-08-17 Collisions originally reported in 2004, [13] followed up by cryptanalysis paper in 2005.
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GHash.io was a bitcoin mining pool subsidiary of CEX.io that operated from 2013-2016. The pool gained notoriety for briefly controlling more than 51% of bitcoin's computing power in 2014 (notable in that bitcoin was supposedly outside any party's control).
The problem in Equihash is to find distinct, -bit values ,,..., to satisfy () ()... = such that (...) has leading zeros, where is a chosen hash function. [1] In addition, there are "algorithm binding conditions" which are intended to reduce the risk of other algorithms developed to solve the underlying birthday problem being applicable.