China-based multi-billion dollar crypto equipment manufacturer, Bitmain has been involved in leading a $110 million series E fund round for Circle. Circle is a blockchain based finance organization. Therefore, Circle supports is in support…
Economist Alex de Vries, who published an article on “Bitcoin’s Growing Energy Problem,” yesterday, May 16, in scientific journal Joule, told the Independent that Bitcoin (BTC) mining will use 0.5 percent of the world’s energy by 2018.
Bitmain was granted a clearance to set up the mining structure in the Washington state meant for the mining of Bitcoin.
Monero devs decide to change the Monero’s proof-of-work model to shun the Bitmain-produced ASICs Miners, however, this caused big controversies as the community choose to follow ASICs instead, which led to a Monero Fork.
BitKan has raised $10 million in its latest funding as it seeks to expand its operations
After the addition of the Antminer X3 to their website, Bitmain additionally did an upgrade called the Luna to improve the usability of the miner.
The rating of AMD, a semiconductor firm, has been changed from neutral to negative by Susquehanna, a Wall Street firm, who also lowered the price forecast for shares in GPU processing manufacturer Nvidia. The firm claimed that the rising…