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Samsung Announces Commercialization of Its 7nm Process Node

Samsung has announced it has completed all the processes involved with the 7-nanometer LPP (Low Power Plus) with extreme ultraviolet (EUV) lithography technology. Now the Korean company has started the wafer production for these next-generation semiconductors. 2018 has seen a lot of sophisticated semiconductor...

U.S. City Ephrata Ban on New Cryptocurrency Mining

Ephrata joined the ranks of Grant County cities temporarily banning cryptocurrency development after the city council voted Wednesday to block new cryptocurrency operations for the next 12 months. “A moratorium means taking a break,” council member Kathleen Allstot said. “This is a one year break....

Bitmain Likely Lost $400 Million Last Quarter

Bitcoin mining behemoth Bitmain likely posted a net loss of nearly $400 million last quarter, the China-based firm’s recently-filed public offering documents reveal. Much information about the company is redacted in the public versions of those filing documents, but, according to a thorough analysis...

Squire Announces Samsung Electronics as Foundry Partner to Manufacture ASIC Chips

The company Squire Mining Ltd., has announced the business partnered with two leading firms from Southeast Asia, Gaonchips and Samsung Electronics: Squire Mining Ltd. (CSE: SQR; OTCQB: SQRMF) is very pleased to announce Gaonchips as our design house and Samsung Electronics as our chosen foundry...

Ebang Announces New Miners With 10nm Chips

The China-based Ebang Communication, one of the largest ASIC mining chip makers in the region has announced a new series of mining rigs this week at the World Digital Mining Summit in Tbilisi, Georgia. Ebang has revealed three new bitcoin mining rigs for its...

Asian Demand High for Bitcoin Futures

Don Wilson, founder of high-speed trading firm DRW, said bitcoin derivatives trading in Asia hours is almost equal to the volume he's seen in the U.S., something he says is an anomaly when compared to other financial instruments. Wilson discussed his observations on cryptocurrency trading...