Tag: Mining Farm

A New Bitcoin World

Bitfury is Building the ”Largest Bitcoin Mining Operation in North America”

Bitfury is Building the Largest Bitcoin Mining Operation in North AmericaVancouver’s Hut 8 Mining Corp has announced plans to create “North America’s largest bitcoin mining datacenters”. The ambitious scheme will see the Canadian firm partner with mining specialists Bitfury, who will provide the hardware, software, and maintenance. Subject to necessary funding being raised, the deal is expected to be completed in 2018. Also read: Bitcoin-Based Ethereum […]

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December 5, 2017 0

Sberbank Apologizes for Buying Nearly All Graphics Cards on the Russian Market

Russia has been suffering from a shortage of graphics cards that can be used to mine cryptocurrencies, causing their prices to almost double. However, it was not ordinary households that purchased most of these cards. State-owned Sberbank has come forward, admitted to buying them, and apologized for causing the shortage. Also read: Bitcoin-Based Ethereum Rival RSK […]

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November 12, 2017 0

GMO to Invest 10 Billion Yen in Its Own 7nm, 5nm and 3.5nm Dedicated Bitcoin Chips

GMO Releases Details of 7nm ASIC Chips and Bitcoin Mining FarmMore 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 […]

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September 14, 2017 0