Lenovo Using Eco-Friendly Methods to Help Run GoChain Blockchain
Computer giant Lenovo will operate a signing node on GoChain’s blockchain, using eco-friendly methods Go to Source Powered by WPeMatico
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3,000 New S17 Pro Antminers Start Operation at Riot’s Oklahoma Crypto Mine
Riot Blockchain is in the process of incorporating 3,000 S17 Pro Antminers from Bitmain to Oklahoma facility Go to Source Powered by WPeMatico
Japanese Firms SBI and GMO Join the Digital Gold Rush in Texas
The city of Rockdale, Texas is attracting attention again, similar to the interest the region saw back in the fifties when the Alcoa aluminum smelting facility set up shop. These days, Rockdale’s change is due to the influx of bitcoin miners coming to town from all around the world. A Frankfurt-based operation called Whinstone Inc., … Read more
Bitmain Responds to Layoff Rumors From Ousted Co-Founder Zahn
Ousted Bitmain co-founder Micree Zahn took to Weibo on Monday to speak out against a reported Bitmain “personnel optimization plan” which could purportedly see around 500 Bitmain workers dismissed by January 17. Chinese media broke the story last week citing inside sources at the bitcoin mining colossus, one of which claimed poor financial performance of … Read more
SBI, GMO Reportedly Sign Deal with Operator of World’s Largest Bitcoin Mining Site
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
Chipmaking Giant Samsung Reveals 3nm Semiconductor Prototype
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
Ousted Co-Founder of Crypto Mining Firm Bitmain Opposes Layoffs
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 Reduced by 25% After Muir Glacier Hard Fork
Ethereum block time decreased by nearly 25% and daily block rewards increased by over 31% Go to Source Powered by WPeMatico
Bitmain Co-Founder Initiates Legal Fight to Return to Control Over Company
Forced out Bitmain co-founder Micree Zhan Ketuan has initiated a legal case to regain his position Go to Source Powered by WPeMatico
BTC’s Hashrate Touches 120 Exahash, But the Price Has Not Followed
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