Mining Pool of China’s Oldest Bitcoin Exchange BTCC to See ‘Indefinite’ Closure
The mining pool from China’s oldest Bitcoin exchange BTCC is closing, but remains confident about future Go to Source Powered by WPeMatico
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China: Bitcoin Mining Behemoth Bitmain Releases New 7nm Antminer Hardware
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
Mining Giant Bitfury Raises $80 Million in Closed Funding Round as Mining Market ‘Matures’
On the back of IPO rumors, Bitfury’s latest funding round totals $80 million Go to Source Powered by WPeMatico
Iceland Farmers’ Innovative Solution To Bitcoin’s Energy Challenge
Bitcoin’s energy-intensive mining process has been one of its greatest challenges and while various solutions have been proposed, none has quite solved the challenge. However, a group of farmers in a small village in Iceland have found an innovative way to earn cryptos while warming up their houses. The farmers lend out their excess geothermal … Read more
Bloomberg: European Crypto Mining Firm Bitfury Considers Going Public
Crypto mining firm Bitfury is reportedly exploring various strategic options, including conducting an IPO, raising debt financing, or selling a minority stake Go to Source Powered by WPeMatico
Samsung Begins 7nm Chip Production, Easing Miner Demand for Improved Semiconductors
After delivering 10nm semiconductor technology, the electronics giant Samsung has announced the firm’s foundry has started production of its EUV-based 7nm LPP process. Lately, Bitcoin mining rig manufacturers have added more pressure to the significant global demand for high-performance chips. At the moment there are only a couple of foundries producing them. Also Read: Bitmain Offers … Read more
The Daily: Global Cryptocurrency M&As Rise, US Town Halts Mining
In today’s edition of The Daily, we look at how the current bear market is facilitating consolidation in the global cryptocurrency industry. We also focus on recent calls by an intergovernmental organization to tighten up rules on virtual assets throughout the world, as well as a story about a small U.S. town that has banned … Read more
The Daily: A Dirty War on Bitcoin
Today’s installment of The Daily is all about dirty tricks. The sort of tricks designed to convince the world that Bitcoin is bad. Spending bitcoin, mining it, or allowing the Chinese to mine it ahead of the U.S. — all bad, according to American Express, the White House (allegedly) and a handful of other haters. … Read more
Bitcoin Price Watch: Currency No Longer Flirting with Hellish Means
Well, after all the hype and hoopla stemming from bitcoin’s $100 spike roughly 24 hours ago, it appears we’ve been fooled once again. Bitcoin is back down to the $6,500 range, suggesting that the currency has truly found comfort in this area over the past few weeks and isn’t as eager to move as we … Read more
Squire Mining Discloses Next-Generation ASIC Chips Will Be Made by Samsung
This week the firm Squire Mining, a company that plans to offer next-generation 10nm ASIC chips, has revealed it is working with Samsung Electronics as its foundry partner. With help from Samsung’s foundry, Squire, and a company called Gaonchips, plan to complete its ASIC chip FPGA prototype by September 30, 2018. Also read: Ebang Announces 44 … Read more