The Exahash Era: SHA-256 Mining is a Significant Achievement in Computer Engineering

The Exahash Era: SHA-256 Mining is a Significant Achievement in Computer EngineeringThe cryptocurrency economy is nearing the end of 2018’s fifth month after a spectacular year of bullish prices throughout 2017. The past five months have been incredibly bearish as far as market values are concerned but the processing power of digital assets, particularly SHA-256 cryptocurrencies, continues to increase exponentially. Today SHA-256 miners makeup on of […]

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Got 1 BTC? Another Japanese Exchange Wants to Borrow Your Cryptocurrencies

Got 1 BTC? Another Japanese Exchange Wants to Borrow Your CryptocurrenciesAnother government-approved Japanese cryptocurrency exchange has launched a program to borrow cryptocurrencies from its members. The exchange seeks to borrow as little as 1 BTC. Initially, only BTC will be borrowed, but the exchange plans to add other cryptocurrencies including BCH, XRP, ETH, and LTC. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Bitbank […]

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Date Set: Japan’s Internet Giant GMO Will Launch 7nm Bitcoin Miner on June 6

Date Set: Japan's Internet Giant GMO Will Launch 7nm Bitcoin Miner on June 6Japan’s GMO Internet announced that it will unveil its flagship bitcoin mining machine, called GMO miner B2, equipped with the 7nm chips on June 6. Interested customers can register now for the upcoming information session. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Launching on June 6 The wait for 7nm bitcoin mining products […]

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Japan’s GMO Gets Ready to Start Selling 7nm Bitcoin Mining Chips

Japan's GMO Gets Ready to Start Selling 7nm Bitcoin Mining ChipsJapanese internet giant GMO has updated its plans to manufacture and sell its 7nm bitcoin mining chips as well as for its own mining operations. Interested customers will soon be able to reserve some of these chips. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space GMO Readies 7nm Mining Chips Japanese conglomerate GMO Internet […]

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Japan’s Internet Giant GMO Wants to Borrow BCH, ETH, LTC, XRP From Customers

Japan's Internet Giant GMO Wants to Borrow BCH, ETH, LTC, XRP From CustomersGMO Internet’s cryptocurrency exchange has added four more cryptocurrencies to its loan program which allows customers to lend their cryptocurrencies to the company. The program was originally launched last month for just bitcoin (BTC) but GMO has now added bitcoin cash (BCH), ether (ETH), litecoin (LTC) and ripple (XRP) to the program. Also read: Yahoo! Japan Confirms […]

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Japan’s GMO Has Mined Over 900 Bitcoins – Hashrate Doubled Last Month

Japan's GMO Has Mined Over 900 Bitcoins - Hashrate Doubled Last MonthThe mining operation of Japan’s internet giant GMO has resulted in over 900 bitcoins and 537 bitcoin cash so far, as the company roughly doubled its hashrate last month. Meanwhile, its crypto exchange reported a first-quarter loss after the country’s financial regulator ordered it to improve. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Over […]

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Japanese Forex Giant GMO to Launch New UK Crypto Trading App

Japanese Forex Giant GMO to Launch New UK Crypto Trading AppJapanese brokers already dominate the global online retail FX and CFD market by trading volumes. And it now looks like they will try to leverage their country’s receptive regulatory environment to expand internationally with crypto too. The latest example is an app in the UK created by two groups headquartered in Tokyo. Also Read: Bitcoin […]

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Japan’s GMO Wants to Borrow Bitcoins from Customers

Japan's GMO Wants to Borrow Bitcoins from CustomersJapanese internet giant GMO has launched a service to allow customers to lend their bitcoins to the company. Customers’ bitcoin balances will be debited from their GMO Coin trading accounts once loan agreements have been reached. This program is similar to the one launched by the hacked exchange Coincheck last year. Also read: Japan’s DMM Bitcoin […]

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Cryptocurrency Mining Industry Sees Influx of New Hardware

Cryptocurrency Mining Industry Sees Influx of New HardwareOn April 3, 2018, the Chinese based firm Bitmain Technologies had launched it’s latest miner the Antminer E3. The new pre-manufactured mining rig processes the hashing algorithm Ethhash, the PoW consensus protocol for the Ethereum network. Lately, Bitmain has been releasing a bunch of new products including the Antminer X3 which mines Cryptonight algorithms for […]

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Japanese Crypto Exchange GMO Vows to Improve After Regulator Orders Upgrades

Japanese Crypto Exchange GMO Vows to Improve After Regulator Orders UpgradesThe cryptocurrency exchange subsidiary of the Japanese internet giant GMO has detailed its plans to improve its operations. GMO Coin has submitted a business improvement report to the country’s financial regulator. GMO Internet has also set up an information security audit office for the entire group. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With […]

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