Bitmain Launches Asicboost Firmware Support for Antminers

On Oct. 20, Bitmain launched a new firmware upgrade for the company’s Antminer S9 mining rigs that allows for the activation of overt Asicboost. The firm also explained that in roughly one week the company will release overt Asicboost firmware for all BM1387-based models manufactured by Bitmain. The China-based company joins a slew of other … Read more

Trump Tariffs to Impact Chinese Mining Hardware Manufacturers

The escalating U.S. – China trade war threatens to have an adverse impact on the operations of Chinese mining equipment manufacturers, with imports of mining hardware now facing stateside tariffs of more than 25 percent. Also Read: Former CFTC Chair Advocates ‘Tech Neutral’ Cryptocurrency Regulations  Harsh Hardware Duties In June, the Office of the United … Read more

Billion-Dollar Startups Flourishing in Switzerland’s ‘Crypto Valley’

The top 50 cryptocurrency and blockchain-related companies in Switzerland’s version of Silicon Valley are now worth $44 billion combined, underscoring the steady growth of the Swiss crypto industry. Altogether, cryptocurrency firms employ about 3,000 people throughout the small country. Included among the top 50 are five “unicorns,” or startups with a market valuation of more … Read more

New Venture Capital Fund Secures $100M to Invest in Crypto Startups

Dragonfly Capital Partners, a new crypto-focused venture capital firm, has announced the launch of its first $100 million fund dedicated to investments in crypto assets. Its investors include Okex, Bitmain and other well-known names in the industry. Also Read: Exchanges Roundup: Coinbase Volumes Hit 1-Year Low, UK Exchange to Fire Most Staff Meet Dragonfly Capital … Read more

China-Based Crypto Exchange Coinex Pays Interest in BCH

Crypto exchange Coinex will pay out long-term dividends, interest, in bitcoin cash (BCH) for coinex token (CET) holders, according to its website announcement. “If your CET holdings are on Coinex, we’ll calculate the dividends into BCH and allocate directly to your accounts,” the company explained. Also read: Bitcoin Cash Speaker Series II Brings Leading Bitcoiners … Read more