GMO to Invest 10 Billion Yen in Its Own 7nm, 5nm and 3.5nm Dedicated Bitcoin Chips
More details on the Japanese Internet Giant GMO’s plans to enter the Bitcoin mining market have been released. The company has revealed the hardware and performance specifications for its upcoming 7nm process ASIC mining chips which feature very low power consumption requirements. GMO also divulged its plans to produce and sell PC-ready ASIC mining cards […]
The post GMO to Invest 10 Billion Yen in Its Own 7nm, 5nm and 3.5nm Dedicated Bitcoin Chips appeared first on Bitcoin News.
Over the past week, bitcoiners everywhere have been focused on the speculative news of China ‘banning’ bitcoin and wondering if the stories were true. According to recent reports from local media and the country’s National Internet Finance Association (NIFA), bitcoin is not ‘illegal,’ but exchanges may face tighter regulatory supervision and might have to cease […]
Longtime Antiqua and Barbuda resident, Calvin Ayre, wants people to send immediate relief aid to the islands. Hurricane Irma recently plowed over the island system and caused tons of damage. Ayre has been involved in the bitcoin and gaming ecosystem for many years. He implores everyone in the community to bring much-needed disaster funding to the […]
By Jimmy Nguyen Chief IP, Communications & Legal Officer – nChain Group The bitcoin community still debates whether Segregated Witness will help the network’s scalability or will instead create more problems. As I have previously written, SegWit raises legal questions because it would enable full digital signature (witness) data to be dropped from the transaction […]
Deadcoins hosts “a curated list of cryptocurrencies forgotten by this world”. Most of the coins detailed are artifacts from altcoin bubbles past, with many comprising exit scams or litecoin clones sporting a silly name for marketing purposes. Also Read: 40+ ICO Platforms Closing in China The Majority of the Coins Listed on Deadcoins Comprised of Exit […]
The internet is replete with people referring to bitcoin as a “bubble.” They are spreading fear, uncertainty, and doubt galore. They believe bitcoin’s high price spells impending doom, but their criticisms move beyond mere skepticism. It seems like they just hate cryptocurrency. Yet many of these pundits do not fully grasp bitcoin…or even economics. Also […]
Vietnamese investors are in a hurry to import crypto mining equipment. As the bitcoin price continues to flourish — despite the Chinese putting a stop to domestic ICOs — investors desperately want mining equipment. However, the legality of bitcoin and cryptocurrency in Vietnam is unclear, and getting miners through customs is difficult. Also read: Lead Developer […]
This week the lead developer of Bitcoin ABC, Amaury Séchet, engaged in a Reddit Ask-Me-Anything (AMA) discussion about the future of Bitcoin Cash (BCH), and the protocol’s future scaling. Also Read: Tel Aviv Gets a New BTM and Bitcoin Museum in the Historical Bauhaus Center An AMA With Amaury Séchet – Lead Developer of Bitcoin ABC This summer […]
Openbazaar 2.0, a major upgrade from the previous version, has been released. The fully-functional public beta expands the peer-to-peer app with several new features including Tor integration, improved search, a bitcoin wallet, new vendor tools, and stores that stay online. Also read: Russia’s Finance Ministry Drafts Law to Legalize Cryptocurrencies Openbazaar 2.0 Beta Launches Openbazaar […]
This week news.Bitcoin.com reported on the Japanese corporation GMO Group announcing plans to start a bitcoin mining operation using 7 nanometer (nm) semiconductor chips. Many bitcoiners are curious about this news as 7nm chips are not commercially produced at the moment. However, many people still understand the introduction of more advanced ASIC processors will be […]
