Samsung has launched a new production process for its 7nm chips, making them more energy efficient, which could prove a boon for crypto miners. Samsung’s production wing, Samsung Foundry, has launched a new production process of its 7-nanometer (nm) Low Power Plus (7LPP) process node, which could reduce its energy consumption by up to 50 […]
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The head of Russia’s Central Bank, Elvira Nabiullina, remains skeptical about cryptocurrencies’ popularity, which she has previously compared to “gold fever.” The head of Russia’s central bank, Elvira Nabiullina, believes that “crypto fever” is beginning to diminish, major Russian news agency RIA Novosti reports Thursday, Oct. 18. Nabiullina, while speaking at finance innovation forum Finnopolis […]
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TSMC expects growth of demand for the high-end servicing of premium smartphones, but forecasts “continued weakness” in crypto mining demand. Major global chip manufacturing firm Taiwan Semiconductor Manufacturing (TSMC) predicts revenue growth in Q4, but expects a counterbalance due to the low demand for crypto mining hardware, Reuters reports Thursday, Oct. 18. TSMC, the world’s […]
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Kansai Electric Power Co. will explore how the technology could be used to redefine electricity sales to consumers. A four-way partnership between major Japanese companies will conduct research into the possible use of blockchain in distributed electricity supply, a press release announced Monday, Oct. 15. Kansai Electric Power Co. (Kepco) will work with Mitsubishi UFJ […]
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Major Chinese mining hardware manufacturers could fall under new U.S. tariffs on Chinese-manufactured goods, reaching as high as 25 percent. Major mining hardware producers, such as Bitmain, Canaan and Ebang, could be affected by recently imposed U.S. sanctions on Chinese goods, Hong Kong’s English-language newspaper South China Morning Post (SCMP) reports Tuesday, Oct. 16. Analysts […]
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Cointelegraph investigates Redditors’ allegations that American Express has sponsored crypto-skeptical content on Twitter. Reddit users have alleged that American Express (Amex) has sponsored crypto-skeptical content on Twitter, according to a popular forum thread opened Tuesday, Oct. 16. The tweet in question was allegedly circulated through Bloomberg’s Twitter network “TicToc” on Oct. 11, and was reposted […]
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Rwanda’s tantalum mining traceability will be improved by British blockchain startup Circulor in tandem with Rwanda’s government. Rwanda has partnered with a U.K.-based blockchain startup to trace the mining of the conflict metal tantalum in the country, according to the startup’s press release, published Oct. 16. Rwanda is the world’s leading producer of tantalum, the mineral […]
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China’s first crypto exchange BTCC, formerly known as BTC China, is set to launch trading services in South Korea in November. China’s first Bitcoin (BTC) exchange BTCC, formerly known as BTC China, is set to launch trading services in South Korea, Korean business outlet The Investor reported yesterday, October 16. BTCC, which presently has headquarters […]
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A Russian man accused of hacking government servers in three Russian regions to mine Bitcoins is facing up to five years in prison. A 21-year-old Russian from the Siberian city of Kurgan is facing criminal charges for illegally mining Bitcoins (BTC) via government-owned servers, local news agency Ura.Ru reports Tuesday, October 16, citing the regional […]
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sponsored A startup has shunned ICOs and launched a platform designed to make paying in crypto as easy as contactless cards without external funding. The team behind a new cryptocurrency platform designed to transfer the way consumers and businesses are paid, says it is putting its money where its mouth is – and has managed […]
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