MINERS - The Salt Lake Tribune http://www.sltrib.com/feeds/topics/MINERS News from The Salt Lake Tribune en-us webmaster@sltrib.com (Webmaster) Bitcoin ‘mining pool’ promises to stay small http://www.sltrib.com/sltrib/money/58191946-79/bitcoin-bitcoins-currency-miners.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58191946-79/bitcoin-bitcoins-currency-miners.html.csp">Bitcoin ‘mining pool’ promises to stay small</a></h4> <span class="author vcard"><span class="fn">By PETER SVENSSON</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-07-16T17:31:01.684-06:00">Updated Jul 16, 2014 05:31PM MDT</span></h5> <div class ="entry-content">New York • The largest group of bitcoin miners, which maintains and processes transactions in the digital currency, is promising to avoid majority control of the currency as a temporary measure to maintain the payment system’s credibility. Mining pool GHash.IO, which is controlled by a British company, CEX.IO Ltd., said Tuesday that it would not amass more than 40 percent of the processing power of the bitcoin system. Earlier this summer, it briefly exceeded 50 percent. Miners operate the comput...</div> <h5><a rel="item-license" href="#license-581919462014-07-16T17:31:01.684-06:00" id="#license-2014-07-16T17:31:01.684-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58191946@www.sltrib.com Wed, 16 Jul 2014 17:31:01 MDT Bitcoin faces biggest threat yet: a miner takeover http://www.sltrib.com/sltrib/money/58078870-79/bitcoin-bitcoins-ghash-currency.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58078870-79/bitcoin-bitcoins-ghash-currency.html.csp">Bitcoin faces biggest threat yet: a miner takeover</a></h4> <span class="author vcard"><span class="fn">By PETER SVENSSON</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-06-17T10:28:57.454-06:00">Updated Jun 17, 2014 10:28AM MDT</span></h5> <div class ="entry-content">New York • The Bitcoin digital currency system is in danger of losing its credibility as an independent payment system because of the growing power of a group that runs some of the computers behind it. In recent weeks, a British-based “mining pool” called GHash has amassed nearly half of the Bitcoin computing power and has briefly gone over 50 percent. Miners operate the computers that keep track of bitcoins and create additional coins. Miners pool their computing power to spread the financial r...</div> <h5><a rel="item-license" href="#license-580788702014-06-17T10:28:57.454-06:00" id="#license-2014-06-17T10:28:57.454-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58078870@www.sltrib.com Tue, 17 Jun 2014 10:28:57 MDT Living history: In 1912, unions and strikes were part of life in Bingham Canyon http://www.sltrib.com/sltrib/news/58066349-78/copper-utah-1912-bingham.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/news/58066349-78/copper-utah-1912-bingham.html.csp">Living history: In 1912, unions and strikes were part of life in Bingham Canyon</a></h4> <span class="author vcard"><span class="fn">By EILEEN HALLET STONE</span></span> <span class="author vcard"><span class="fn"> The Salt Lake Tribune</span></span> <h5><span class="updated" title="2014-06-14T23:01:04.717-06:00">Updated Jun 14, 2014 11:01PM MDT</span></h5> <div class ="entry-content">In the summer of 1912, labor organizers, “Wobblies” from the Western Federation of Miners, agitated for industrial unions and equity in the culturally diverse town of Bingham Canyon, where Utah Copper Company was one of the country’s leading copper producers. In July, 250 miners signed on to the federation’s roster. Within three months, the numbers soared to 2,500. Grievances were many, and according to historian Philip Notarianni, “strikes became almost a way of life for most workers and...</div> <h5><a rel="item-license" href="http://www.sltrib.com/pages/privacy"> Copyright 2013 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58066349@www.sltrib.com Sat, 14 Jun 2014 23:01:04 MDT