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Viva La Crypto • November 20-21, 2018

 Viva La Crypto is the first and biggest event in Mexico about blockchain technology and cryptocurrencies, more than 40 sponsors…

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Tag: ASIC

Bitcoin Mining Company Bitfury Considers European IPO

Category: Bitcoin, Business, Finance, Mining, News, Platform, Tech

Bitcoin Mining Company Bitfury Considers European IPO

Most famously known for their cryptocurrency mining ASIC chips, Bitfury is reportedly interested in public on a major stock exchange in 2019, reported Bloomberg on October 25, 2018.  The mining company has had talks with global investment banks with countries all through Europe in preparation for a trading debut in Amsterdam, London or Hong Kong. Pre-IPO Valuation of $5 Billion…

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AMD GPU Sales Go South as the Demand for Cryptocurrency Mining Units Plummets

Category: Altcoins, Bitcoin, Mining, News, Platform, Tech

AMD GPU Sales Go South as the Demand for Cryptocurrency Mining Units Plummets

According to its quarterly financial results report, the American semiconductor manufacturer company AMD had almost negligible sales of blockchain-related graphics processing units in Q3 of 2018. The financial report was published on October 24, 2018. Financial Figures in the Report Per the report, AMD’s revenue for Q3 of 2018 rose to $1.65 billion, which is a decent 4 percent increase…

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$50 Million ICO Stopped by Australia’s Securities Watchdog

Category: Altcoins, Blockchain, Ethereum, News, Platform, Tech

$50 Million ICO Stopped by Australia’s Securities Watchdog

The country’s securities regulator has halted global Tech Exchange’s initial coin offering (ICO) project planning to raise as much as US$50 million, the company announced on October 22, 2018. Watchdog Halts ICO Australia’s main financial regulatory body has halted an ICO that was planning on raising $50 million to commence the process of tokenization. The ICO, initiated by Global Tech…

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Blockchain and IoT Technology are Catalysts of Semiconductor Growth

Category: Bitcoin, Blockchain, Ethereum, Mining, News, Platform, Tech

Blockchain and IoT Technology are Catalysts of Semiconductor Growth

A press release published October 11, 2018, shows that sales of semiconductors and other crucial circuitry needed for all electronics continues to increase after demand from the IoT and blockchain technology sectors.  The release states that sales reached $40.16 billion in August 2018, a 15 percent increase from 2017. Sales also reported growing 1.7 percent since July 2018, showing steady…

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Sia Plays Hardball with a Hardfork

Category: Altcoins, Blockchain, Commentary, Mining, News

Sia Plays Hardball with a Hardfork

On October 1, 2018, Sia Tech, took the controversial step of resetting the Sia Proof-of-Work (PoW) function to brick the Bitmain and Innosilicon hardware which came online to mine the native cryptocurrency of Sia. This means gains for Obelisk miners and great divisions for the Sia community. Fighting with Forks This controversial decision came after significant challenges when approaching the…

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Trade War Between China and USA Affects GPU Tariffs, Cryptocurrency Mining to be Affected

Category: Bitcoin, Blockchain, Investment, Mining, News, Platform, Tech

Trade War Between China and USA Affects GPU Tariffs, Cryptocurrency Mining to be Affected

President Trump’s latest tariffs on Chinese goods could lead to an increase of graphics cards from both AMD and NVIDIA in the following months, reported CNBC on September 27, 2018.  In a competitive mining scene where profit margins are slim, even the slightest increase in costs could mean the difference from being in the black and being in the red….

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Melbourne ICO/IPO Hybrid Assures Investors via Australian SEC Regulation

Category: Altcoins, Business, Finance, Investment, News, Regulation

Melbourne ICO/IPO Hybrid Assures Investors via Australian SEC Regulation

On September 26, 2018, Melbourne startup Konkrete Distributed Registries announced an ICO for its property tokenization platform according to The Australian Financial Review. What’s significant is the timing as the announcement was made in a market where cryptocurrencies’ value is in the slumps, coupled with heightened regulatory pressure from various countries around the world. Konkrete Platform Goals The platform has…

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Chinese Bitcoin Mining Rig Makers Set to Make Billions with IPO Plans

Category: Altcoins, Bitcoin, Business, Finance, Investment, News

Chinese Bitcoin Mining Rig Makers Set to Make Billions with IPO Plans

The big three in the world of bitcoin mining equipment manufacturers are all planning to list in Hong Kong and raise billions of dollars in the process. An August 27, 2018, Reuters report examined how Bitmain, Canaan Creative, and Ebang are going about their billion dollar IPO plans. At a time when other participants in the space are reporting low…

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Computing Rigs Powering the Cryptocurrency Mining Industry

Category: Cryptocyclopedia, News

Computing Rigs Powering the Cryptocurrency Mining Industry

Over the last one year, the public interest in cryptocurrencies and related offerings has grown manifold. Irrespective of the falling prices, enthusiasm, and curiosity for digital assets continues to  persist While a majority of individuals are more interested in investing, few move towards other operational activities, mining being one of them. Cryptocurrency mining requires specific high-end hardware and algorithms to…

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Study Confirms Presence of ASIC Miners in Zcash Network

Category: Altcoins, Bitcoin, Blockchain, Mining, News

Study Confirms Presence of ASIC Miners in Zcash Network

The Zcash Foundation has historically maintained an anti-ASIC stance and condemns the rising threat of mining centralization. Now, the foundation collaborated with researchers to study and analyze the percentage of ASIC miners present across the mining network. Study to Detect ASIC Miners in Zcash Bitmain’s announcement to launch a dedicated Equihash ASIC miner was not taken well by the Zcash…

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