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Tag Archives: Mining

Russian Aluminum Plant Set to House Cryptocurrency Mining Farm

Nov 1, 2019

Bitcoin Magazine

International economic sanctions have propelled many countries toward cryptocurrencies — from Venezuela to Iran. Now, U.S. sanctions imposed on one Russian company have paved the way for a cryptocurrency mining operation to take over a decidedly industrial facility. Rusal Turns to Cryp...

TSMC Confirms Bitmain’s Urgent Order for Wafers

Jul 29, 2019

Vincent He

TSMC is expanding capacity for Bitmain’s urgent order for wafers. Bitmain Technologies, the designer of chips used in cryptocurrency mining  has placed a large order of 30,000 “7nm” wafers from TSMC. TSMC has never commented on its clients or orders. It is reported that that ...

Bitcoin Market Rejects China’s Mining Ban Fear

Apr 11, 2019

Olusegun Ogundeji

Recent news that China is planning to eliminate the crypto mining industry from within its borders has not really swayed Bitcoin market sentiment. Chart flows from Coinmarketcap and TradingView show the top cryptocurrency has maintained a firm grip on its over $5,000 price and, going by ...