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Bitmain given greenlight to set up shop in the USA, as Ant Creek

Bitmain given greenlight to set up shop in the USA, as Ant Creek

A (most probably) unrelated cryptocurrency mining operation in Russia. Bitmain’s plans for Washington’s Walla Walla county did not cross down smartly in the neighborhood. Washington state has been a well-liked vacation spot for bitcoin mining outfits, with ample hydroelectric power for cheap energy, and a brisk climate to cut the …

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Vitalik Buterin opposes Ethereum anti-ASIC fork

Why is Ethereum's price going up? 5 reasons

Vitalik Buterin stays unperturbed by means of the prospective risk of Ethereum ASIC miners. EIP 958, differently referred to as “Ethereum Improvement Proposal: Modify block mining to be ASIC resistant” was once a well-liked one. It recommended the community take a stand towards permitting high-powered ASIC mining equipment at the …

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5 reasons why the new Ethereum ASIC miner is (most definitely) worthless

What caused the $170 million BitGrail Nano incident?

The anticipated returns from the $800 Bitmain E3 Ethash ASIC miner are not up to 0. ASIC mining has taken over bitcoin and consolidated its hashing energy into only a handful of various swimming pools and corporations. It’s a destiny that the majority different cash would quite keep away from, …

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Bitmain crypto miner maker earned more than Nvidia in 2017

Bitmain crypto miner maker earned more than Nvidia in 2017

Bitmain made an estimated $three to $four billion from and mining swimming pools in 2017, however can it ultimate? Investment analysis corporate Bernstein estimates that Bitmain earned $three to $four billion in 2017, CNBC reports. Estimates are in response to “conservative” gross margins of 75% and working margins of 65%. …

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NEO founder on regulation and China’s mining crackdown

NEO founder on regulation and China's mining crackdown

NEO founder Da Hongfei discusses regulation, mining, altcoins and cash laundering. In an interview with Bloomberg Daybreak Asia, NEO Founder Da Hongfei has expressed toughen for regulation, announcing that the “market has been very hot, very crazy for past year… I think it’s time for regulators to step in”. NEO …

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