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Tag Archives: Bitcoin

Crypto-Mining Could Represent 10% of TSMC’s Revenue In 2018

Jan 18, 2018

conniewang

Taiwan Semiconductor Manufacturing Co Ltd(TSMC), the world’s largest contract manufacturer of semiconductors, undoubtedly, is the main beneficiary of bitcoin’s 1400% surge in 2017 as bitcoin mining giants rush to purchase its HPC chips. This Taiwan’s largest company reported it...

Coinone CEO : No Ban On Cryptocurrency Trading In South Korea Yet

Jan 12, 2018

conniewang

Dear bitcoiners, don’t be panic! The South Korean government has officially announced this morning that there will be no cryptocurrency trading ban in the near term , and this news was also confirmed by the CEO of Coinone, the third largest virtual currency exchange in that country. ...

Tencent Disclose Bitcoin Used To Transfer CNY Oversea

Jan 5, 2018

lylian

Even as authorities vigilantly tighten capital controls for capital outflow pressure,  people are getting cleverer and finding new approach to transfer their asset out of China. When ways like buying large amounts of insurance in Hong Kong and exchanging through transnational companies ...

South Korea: Mining Fever Vs Electricity Breakdown

Dec 31, 2017

lylian

Welcome to the New Year! Welcome to the magic world of bitcoin! Remember the opening song as Seven Dwarfs appearing in the Disney's old movie Snow White? “We dig dig dig dig dig dig dig in our mine the whole day through, to dig dig dig dig dig dig dig is what we like to do.” ...

After Litecoin Founder Charlie Lee Sold All His Litecoin

Dec 22, 2017

lylian

Over these days, the breaking news in the cryptocurrency circle is that Charlie Lee, the creator of the world’s fifth-biggest cryptocurrency, Litecoin, unexpectedly "sold and donated" all of his litecoin on Wednesday this week. "Litecoin has been very good for me financially, so I am well of...

Crazy Bitcoin Be Hot Topic, Chinese Tycoons Enter the Market

Dec 19, 2017

lylian

With recent news that Shi Yuzhu of Giant Network invested in OKCoin and Zhou Hongyi with Qihoo 360 negotiated with Huobi.com, Bitcoin, bombarding our screen everyday with its soaring price, has attracted people everywhere, especially those tycoons from different industries. Two days ag...

Bitcoin is Not the Investment Opportunity You Missed

Dec 13, 2017

lylian

In the past week, bitcoin trading price soared again, exceeding USD 19,000 for the first time. A few years ago, this newly created cryptocurrency was only priced at a few cents or dollars, and even in some cases geeks exchanged thousands of bitcoins for only a piece of pizza. As it skyrockete...