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Tag Archives: Mining

Meet The Ambitious Bitcoin Miner: My Goal Is to Make 100 Billion

Jan 22, 2018

lylian

“We (miners) store up cryptocoin and HODL it. Just HODL, no selling, cuz we don’t expect to suffer torturous FUD (Fear, Uncertainty and Doubt). Say you sell it at 1,000 yuan today, but what if it rises to 100,000 yuan tomorrow? We'd rather live poor and have pickle for meals than...

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...

Clarified:Alibaba Will Never Launch Crypto Mining Platform

Jan 17, 2018

conniewang

Alibaba, China’s e-commerce and tech giant, will launch a crypto mining platform? No, never! Alibaba Cloud, the cloud computing arm of Alibaba Group (NYSE: BABA), released an statement on its official Weibo account, saying that Alibaba’s “P2P Nodes” platform has nothing...

Bitcoin Miner Rivals Chase Bitmain

Dec 4, 2017

Olusegun Ogundeji

Once known to be the largest Bitcoin mining equipment company in the world, Bitmain now seems to be expecting a challenger. A new company is introducing a generation of ASIC mining chips. The introduction of the DragonMint miner series by Halong Mining are in the first stage of roll...

Russians seek to break Chinese Bitcoin ‘mining centralization’

Aug 10, 2017

Olusegun Ogundeji

The saying that the Chinese are the leaders when it comes to Bitcoin mining could be a subject of debate henceforth if the proposed plan by a Russian company to start using semiconductor chips designed in Russia for use in satellites to minimize power consumption in computers for crypto mining ...

“One Bitcoin, One House,” Nonsense or Reality?

Apr 28, 2017

Cindy23

“One Bitcoin, one house” has recently become a new expectation among Chinese Bitcoin investors. Zhao Dong, an old Bitcoin holder, said that not everyone has the luck to get rich. "When I first heard of Bitcoin in 2009, I didn’t take it seriously. I thought it was just something lik...

Bitcoin Community, Time to Pull Together

Mar 28, 2017

Cindy23

Note: Cao Xiaogang, an early bitcoin adopter and holder, is now an entrepreneur and co-founder of a crowdfunding platform. He believed: “At this particular point in history, the bitcoin community should pull together to change the world of bitcoin for better instead of insulting and attac...

Bitcoin mining now decentralized in China – Chandler Guo

Dec 5, 2016

Olusegun Ogundeji

Speaking on how Bitcoin mining has been evolving in China, a Chinese angel investor in Bitcoin and Ethereum startups has stated that things have changed in the sector in the last one year following the direct involvement of energy companies in the mining process which has decentralized most of...