Razer SoftMiner: Ethereum mining for gamblers

The gaming hardware manufacturer Razer has released a new app that makes it possible to mine Ethereum during gamings in the future. However, there is a catch: The payment is not made directly with crypto currencies. Instead, users will be rewarded with an in-game currency.

Razer offers new Bitcoin code App for Ether Mining

As Razer announced on 12 December, the company is offering its customers a new Bitcoin code app for mining on the Bitcoin code blockchain. The so-called Razer SoftMiner will use the GPU power of the devices to mine crypto currencies in the backend. The gamers will then be rewarded with Razer Silver, the platform’s internal gamer currency. Mining runs in the background, while users can continue playing regardless.

The adaptation of crypto currencies and the associated integration into areas of everyday life progresses with each passing day. While the Bitcoin course is still struggling with the all too strong bear claws, the industry is not impressed by such events. Not only jobs in the blockchain sector are becoming more and more popular. The Bitcoin industry is also increasingly relying on institutional investors. Currently, crypto currencies are also slowly spreading into the gaming sector.

Razer wants to build bridge between gaming industry and Bitcoin code

With this Bitcoin code, the hardware manufacturer wants to build a bridge between the gaming industry and the world of Bitcoin code. This is what the co-founder of Razer says:

“Razer’s software and services are an integral part of our gamer-centric ecosystem and complete our gaming lifestyle promise to our fans. Today’s major updates signal to the 50 million registered users of our software platform that we are committed to expanding their experience with the Razer family of products, from the simple mouse and keyboard to the most advanced next-generation apps”.

RazerSilver can then be used to make in-game purchases that vary from game to game. According to the press release, RazerSilver and the additional in-game currency RazerGold can be used in a total of 2,500 games.

Ethereum: Constantinople Hard Fork to come in January

Updates at Ethereum: The Hard Fork Constantinople, which has already been postponed several times, will be released in January 2019. This was confirmed by parts of the Ethereum development team at the Ethereum Core Developer Conference on December 7th.

Ethereum Core Devs Meeting Bitcoin trader

With Constantinople, the transition from the controversial Proof-of-Work process to the Proof-of-Stake process is within reach. This is mainly intended to increase the efficiency of the Bitcoin trader network in reaching a consensus. In this context, the Bitcoin trader also want to prevent mining devices, such as those increasingly used at Bitcoin, from being used in the Ethereum environment.

Ethereum course continues in the bear paws of the crypto trader

Meanwhile, the crypto trader exchange rate is still below the US$ 100 mark. Within the last 24 hours it has risen by a modest 1.4 percent. In the 7-day review, however, it is still just under 17 percent that the Ethereum exchange rate had to concede. Thus it is at present 93 US Dollar. The news situation here sometimes seems to correlate only marginally, if at all, with the price development. Apart from the current further developments of the technology, there was only recently another big announcement in the crypto trader environment. For example, the University of Basel named Ethereum inventor Vitalik Buterin a doctor just ten days ago. Accordingly, he became – on behalf of many in cryptospace – the first official cryptodoctor.

Third place or not: Ethereum is one of the blockchain projects that is bravely developing despite the bear market and the winter mood. The crypto currency, which added smart contracts to the Bitcoin universe and paved the way for ICOs with the ERC20 tokens, now aims to bring another turning point in the history of Ethereum into the ecosystem with Block 7,080,000. From then on, it will be possible for users to decide to work with Constantinople. As soon as the block has been excavated for the first time, the upgrade will also become active. According to one of the developers, this should be the case between 14 and 18 January, as he confirmed at Ethereum Core Developer Meeting #51. Here’s the whole video:

Abu Dhabi: Oil on the Blockchain

The national oil company Abu Dhabi wants to handle the supply chain for its oil production on a blockchain in the future. The Abu Dhabi National Oil Company (ADNOC) is cooperating with technology giant IBM on the project.

Bitcoin news: The management of supply chains via blockchain is one of the major applications of the technology

One advantage of implementing a blockchain system in supply chain management is improved transparency at the various stages of the value chain according to the Bitcoin news. As onlinebetrug announced in a press release on 9 December, the national oil company Abu Dhabi now wants to take advantage of these benefits. The pilot phase is currently underway “towards a comprehensive blockchain platform that automatically tracks, validates and executes transactions at every stage of the supply chain from production to the end customer”.

According to ADNOC, the use of the platform is intended in particular to ensure smoother processes between the various suppliers. Precisely formulated, this means that the supply chain should become more efficient, faster and more transparent through the block chain.

What does this mean in concrete terms? According to the press release, the blockchain platform should ensure that billing processes between suppliers run automatically. This means that the oil producers first feed the blockchain with data such as the quantity and price of the oil produced. This information, in turn, helps the subsequent stages of the value chain, such as refineries, to adapt their production processes at an early stage.

If the test phase turns out to be successful, ADNOC intends to gradually extend its service to end customers as well. They would then be able to trace the origin and added value of every drop of oil. According to the oil company, this “increases the transparency and ultimately the attractiveness of the ADNOC Group as a business partner”.

Bitcoin formula presentation at oil conference

ADNOC first presented the major Bitcoin formula project at the World Energy Capital Assembly held in London on 3 and 4 December. Presenting the Bitcoin formula progress made at the conference, Project Manager Abdul Nasser Al Mughairbi said:

“Blockchain is a game changer. It will significantly reduce our operating costs by eliminating time-consuming and labour-intensive processes”.

As blockchains are better known for being rather cumbersome databases, the oil company’s approach to making the platform more efficient is surprising. With IBM, ADNOC has a partner who is a pioneer in blockchain adaptation in the industry.

So once again we have to wait and see.