China Mining Co. Bitmain Shows Higher 2017 Profits Than US GPU Giant Nvidia, Report Finds
Chinese mining tech company Bitmain reportedly saw higher profits than long-time American GPU giant Nvidia in 2017 #NEWS Go to Source Powered by WPeMatico
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Australia’s Consumer Watchdog Received 1289 Crypto Complaints in 2017
The Australian Competition & Consumer Commission (ACCC) has revealed that it received more than 1,200 complaints relating to cryptocurrencies via its ‘Scamwatch’ portal during 2017. In light of the number of complaints, the Australian Securities and Investments Commission (ASIC) has issued a warning to potential investors outlining the risks associated with cryptocurrency investment. Also Read: Tesla … Read more
There’s No Point in Bitmain Developing an Ethereum ASIC Miner
There are rumors on the internet that Bitmain is working on yet another cryptocurrency mining hardware unit. While that in itself is not spectacular by any means – especially because it is the company’s business model – this latest venture would focus on Ethereum ASIC mining. Although it remains to be seen if there is any … Read more
Japan’s DMM Launches Large-Scale Domestic Cryptocurrency Mining Farm and Showroom
Japanese entertainment giant DMM has launched its “large-scale Japan-quality” mining farm, with a plan to deploy more farms overseas. DMM is also launching a showroom, allowing the public to tour its mining farm, as well as a mining pool. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies DMM’s Mining Farm in Japan … Read more
Cryptocurrencies Are Pushing Semiconductor Innovation and Profits
Bitcoin and cryptocurrency mining has become a growing industry, and mining operations continue to compete by making faster chips and purchasing large quantities of land to host data facilities all over the world. Data recorded from around the globe shows the mining economy is booming and the venture has become very profitable for many mining … Read more
International Market Maintains Demand for Chinese Cryptocurrency Mining Hardware
The future for manufacturers of bitcoin mining hardware in China appears bright despite reports that the Chinese central government will seek to rein in the power consumption of mining companies operating within its borders. Hong Kong-based media outlet, South China Morning Post, has reported that there is considerable international demand for Chinese mining hardware internationally … Read more
Samsung ASIC Chips – Positive News for Miners
Reports of Samsung’s entry into the cryptocurrency mining space is good news for decentralisation. #MINING Go to Source Powered 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 Go to Source Powered by WPeMatico
Sia Devs Won’t Prevent Bitmain’s A3 Devices from Mining
Multiple Sia community members were concerned about Bitmain’s new ASIC miner. The company suddenly announced the A3, which is designed specifically for mining Siacoin. There were some brief discussions about possibly introducing a Sia fork which would disallow the ASIC hardware from impacting the network. It seems those plans have now been dismissed and nothing … Read more
Japan’s GMO Internet Develops 12 NM Mining Chips
Major internet technology manufacturer and recent entrant into virtual currency mining hardware industry, GMO Internet Inc, has announced it has successfully developed a 12 nanometer (NM) Fin FET Compact (FFC) semiconductor chip for its next-generation of cryptocurrency miners. The company has described the innovation as a significant step “towards realizing a […] 7 NM process … Read more
