2019's Bitcoin Miners Are 5x Faster Than Predecessors

High-powered bitcoin miners and next-generation semiconductors go hand in hand and as process node technology grows, SHA256 hashrate follows. Coinshares’ recent bi-annual mining report highlights that newly introduced mining rigs have “as much as 5x the hashrate per unit as their generational predecessors.” Advanced chip technology has grown relentlessly and it’s significantly bolstered ASIC device manufacturing. Moreover, news from the […]

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ASX Shoots to Overtake IBM and Others with new Blockchain Platform  | BTCMANAGER

Australian Securities Exchange (ASX), the country’s primary securities exchange, is actively working on its distributed ledger technology (DLT) platform which it expects will pose a competition to tech industry’s heavy hitters such as IBM and Microsoft when it goes live in mid-2020 to replace its Clearing House Electronic Subregister System (CHESS). This according to reports from ZDNet, December 10, 2019. ASX […]

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Echo Launches Bitcoin Sidechain, a Weighted Approach to More…

In late November 2019, the Bitcoin-based DApp network Echo announced the launch of a Bitcoin sidechain on its blockchain testnet. It framed the release as a critical step in its mission to establish decentralized financial applications that leverage BTC as a native asset for lending, trading and more.  “The launch of the Bitcoin sidechain on Echo testnet is the first […]

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Crypto Trading Platform Sibex To List Paxos’ Gold-Backed Digital Token

Decentralized crypto trading platform Sibex has teamed with post-trade blockchain startup Paxos to enable clients to quickly and easily trade physical gold on a blockchain. Sibex employs blockchain technology to enable professional traders to trade popular cryptocurrencies, including bitcoin and ethereum, with one another directly. Unlike centralized exchanges, traders using Sibex’s software maintain custody of their assets during trades. Paxos, […]

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Japan Looks to Curb Certificate Forgery with Blockchain Technology | BTCMANAGER

Muroran Institute of Technology (MuIT), a national university in Hokkaido, Japan, is collaborating with telecommunications giants, Nippon Telegraph (NTT) and Telephone West, to develop a distributed ledger technology (DLT) solution for verifying educational degrees and certificates, reports Nikkei on December 3, 2019. Japan Fighting Fake Degrees with Blockchain At a time when the fake degrees and certificates industry has grown […]

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Blockchain-Based SBC Wallet Cards Issued By Japanese Telecom Carrier SoftBank

Japan-based telecom carrier SoftBank has officially released its blockchain-based SBC Wallet Cards (Softbank Card 3.0). SoftBank provides mobile communication, fixed-line communication and Internet connection services to customers in Japan. It aims to transform lifestyles through IT and expand into other business areas, including Internet of Things (IoT), robotics, blockchain, and energy. In a press release, SoftBank announced the release of […]

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China’s Cryptocurrency Is A ‘Check-Mate’ Move In The US-China Trade War – Broctagon CEO Don Guo

Don Guo is the CEO of Broctagon Fintech Group, which specializes in prime liquidity provision, brokerage technology solutions and enterprise blockchain development. In this Q&A, Guo talks about the evolution of China’s public posturing on cryptocurrencies. He examines China’s own potential cryptocurrency and whether he envisions this as a rival or replacement to the US dollar. BLOCK TRIBUNE: China’s public […]

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Photonics Bitcoin Mining Tech Aims to 'Democratize' Energy Use

Three researchers have published a paper at Cornell University’s arxiv.org proposing a system called Optical Proof of Work (OPOW) to potentially be employed in Bitcoin mining. According to the paper, “heavy reliance on electricity has created scalability issues, environmental concerns, and systemic risks.” The authors state that silicon photonics could be used to shift mining costs away from energy-intensive to […]

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