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Japanese financial services giant SBI and internet provider GMO have reportedly agreed to process crypto transactions at what is set to become the world’s largest mining site Go to Source Powered by WPeMatico
In mid-December, Intel revealed that the company expects to design 2nm and 1.4 nm semiconductors by 2029. During the same timeframe, regional sources reported Canaan and Bitmain will reveal new mining rigs this year equipped with TSMC-based 5nm chips. Now, competition is growing stronger as Samsung has disclosed that the chipmaker succeeded in creating the … Read more
Bitmain’s co-founder and biggest shareholder claims he is “firmly opposed to layoffs” at the firm after being ousted by current CEO Jihan Wu Go to Source Powered by WPeMatico
Ethereum block time decreased by nearly 25% and daily block rewards increased by over 31% Go to Source Powered by WPeMatico
Forced out Bitmain co-founder Micree Zhan Ketuan has initiated a legal case to regain his position Go to Source Powered by WPeMatico
On January 1, the BTC network hashrate touched an all-time high at close to 120 exahash per second (EH/s). Despite the crypto market lull and lower BTC prices, the 2020 milestone happened just before the blockchain’s 11th anniversary. BTC’s curious jump in hashrate has the cryptosphere wondering whether or not the price truly follows hashpower. … Read more
Cryptocurrency mining giant Bitmain is reportedly working to reduce its workforce by another 50 percent pending the BTC halving Go to Source Powered by WPeMatico
Bitcoin continues to dispel concerns over price as the network hash rate becomes stronger than ever before Go to Source Powered by WPeMatico
2019 was known for the growing trend of stealth miners mining on the BTC and BCH network. On Dec. 30, data shows that 68% of the Bitcoin Cash network’s hashrate is being mined by mystery miners. As the year comes to an end, the large number of unknown BCH hashrate has attracted scrutiny. Also Read: … Read more
Chinese Bitcoin mining farms feel pressure from local authorities to scale down their mining operations during the dry season Go to Source Powered by WPeMatico
