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Cryptocurrency exchange Huobi has announced reaching $12 billion in cumulative trading volume on its derivative market in December. The news comes amid reports of job cuts at its Shenzhen office. Also in The Daily this Saturday, major trading platforms have confirmed support for the upcoming Constantinople hard fork in the Ethereum network. Also read: … Read more
Ethereum core developers have reached a tentative consensus to implement a new proof-of-work algorithm that would reduce the efficiency of ASIC-based mining on the network Go to Source Powered by WPeMatico
According to unconfirmed Chinese media reports, Jihan Wu and the Jenke Group will reportedly resign as the heads of Bitmain Go to Source Powered by WPeMatico
Ebang, a cryptocurrency mining producer, reportedly suffered “significant decreases” in revenue from July to September Go to Source Powered by WPeMatico
A new patent filed by U.S. tech company Intel allows for the optimization of Bitcoin mining and reduction of energy costs Go to Source Powered by WPeMatico
AMD and Nvidia stocks fell by 48% and 36% correspondingly last month, and Bitmain has allegedly lost $600-700 million in Q2. Is the mining hardware industry falling along with crypto market? Go to Source Powered by WPeMatico
Bitmain has dominated ASIC manufacturing since it was founded in 2013. One man has been at the forefront of this domination, leading the company into the giant that it is today; Jihan Wu. However, it may not be so for much longer, with a Chinese publication revealing that a recent reshuffle has demoted the renowned … Read more
Bitcoin mining behemoth Bitmain has officially released two new 7nm (nanometer) “Antminer” crypto mining machines, designed to mine with the SHA256 algorithm Go to Source Powered by WPeMatico
It has been coming for a while now, but the ongoing Siacoin debacle will create a bit of a fallout. The developers’ decision to rebuke Bitmain and other ASICs from the network is an intriguing choice. Not everyone favors this decision, however, which will result in creating the SiaClassic Foundation. The SiaClassic Idea It is … Read more
Siacoin has been a rather interesting cryptocurrency to keep an eye on throughout 2018. Not because of its price movement, as that has been in line with all other bearish markets. Instead, there has been an ongoing debate as to whether or not the project needs to fork its code to prevent Bitmain ASICs from … Read more