Reports of Samsung’s entry into the cryptocurrency mining space is good news for decentralisation. #MINING
Powered by WPeMatico
Samsung ASIC Chips – Positive News for Miners
Category: Bitmain
Auto Added by WPeMatico
Samsung Enters Crypto Mining Market, “Mass Producing” ASIC Chips For China
Samsung begins mass production of ASIC chips with a Taiwanese foundry that supplies Bitmain #NEWS
Powered by WPeMatico
Hydro-Quebec Unable to Meet Energy Demand From Cryptocurrency Miners
Hydro-Quebec, the largest state-owned utility in Canada, appears unable to meet the electricity demand from cryptocurrency miners seeking to establish operations in the energy-rich province. The announcement comes just weeks after the company sought to entice virtual currency miners as a means to bolster the province’s economic outlook, claiming that it had 5,000 megawatts of […]
The post Hydro-Quebec Unable to Meet Energy Demand From Cryptocurrency Miners appeared first on Bitcoin News.
Powered by WPeMatico
Obelisk Threaten Soft Fork in Reaction to Bitmain Antminer A3 Launch
Obelisk has threatened to trigger a soft fork that would invalidate Bitmain’s new Antminer A3 miner for Siacoin – which was launched this week. #MINING
Powered by WPeMatico
Bitmain Unveils the Antminer A3 ASIC Miner for Siacoin
In the world of cryptocurrency mining, ASIC hardware is in high demand. Although many people would associate this type of hardware with Bitcoin or Litecoin mining, there are devices suited for other currencies as well. More specifically, Bitmain has announced the Antminer A3, which is designed specifically for the Blake (2b) algorithm. So far, there is only one (major) currency which uses this algorithm. Fans of Siacoin will be pleased to hear that this device exists. A New Siacoin ASIC Miner It is always good to see mining hardware manufacturers look beyond Bitcoin and the top cryptocurrencies. There is plentyPowered by WPeMatico
Social Network Yours.org Raises $1.5m to Introduce Cryptocurrency to the Masses
Crypto-focused social network Yours.org, which enables contributors to earn bitcoin cash for creating content, is poised to ramp up its operations after securing $1.5 million. The Series A funding, courtesy of mining specialists Bitmain and Nchain, will aid the site’s operators in their mission to educate the masses about cryptocurrency and use it in their […]
The post Social Network Yours.org Raises $1.5m to Introduce Cryptocurrency to the Masses appeared first on Bitcoin News.
Powered by WPeMatico
Big Chinese Bitcoin Miners Are Turning to Canada
The bitcoin mining industry in China appears to be expanding to favorable locations around the world right now. Quebec is one such location where the Chinese have taken refuge, and many more might be on the way. Also Read: Chinese Bitcoin Mining Giant Bitmain Establishes Branch in Zug, Switzerland Cold Power Just a couple of […]
The post Big Chinese Bitcoin Miners Are Turning to Canada appeared first on Bitcoin News.
Powered by WPeMatico
Chinese Bitcoin Mining Giant Bitmain Establishes Branch in Zug, Switzerland
For centuries Switzerland was known around the world for its tradition of banking secrecy, but now a new financial industry is taking root in the country. Local leaders tried to establish a cryptocurrency hub, and their latest catch is Chinese bitcoin mining giant Bitmain, which expanded to a new location in the picturesque Swiss canton […]
The post Chinese Bitcoin Mining Giant Bitmain Establishes Branch in Zug, Switzerland appeared first on Bitcoin News.
Powered by WPeMatico
Former Iced Tea Firm Plans to Mine Bitcoin in the Nordic Region
Just recently we reported on the beverage firm Long Island Iced Tea Corp and its share price increase by more than 400% immediately after it rebranded to “Long Blockchain Corporation.” On January 4, the company filed with the U.S. Securities and Exchange Commission (SEC), stating its intentions to mine bitcoins and purchase 1,000 Bitmain manufactured Antminer […]
The post Former Iced Tea Firm Plans to Mine Bitcoin in the Nordic Region appeared first on Bitcoin News.
Powered by WPeMatico
Vietnam Investigates Merchants for Accepting Bitcoin Despite Warnings
Vietnamese authorities have announced that they are investigating establishments that accept bitcoin for payments. This follows reports that restaurants and cafes are still accepting the digital currency despite the government warning that bitcoin is not a legal means of payment in Vietnam. Also read: South Korea Clarifies Position After Reports of Possible Ban on All Crypto […]
The post Vietnam Investigates Merchants for Accepting Bitcoin Despite Warnings appeared first on Bitcoin News.
Powered by WPeMatico