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PlusOneCoin made a cryptocurrency for upvotes

sudshr47 October 23, 2018

A team of developers have made something called PlusOneCoin, a clever cryptocurrency that essentially allows owners to upvote content on two financial sites, ADVFN and Investorshub. The idea — to reward people for accessing content and, more importantly, interacting with it — is something many services like Steemit have tried and failed to pull off. […]

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Crypto mining giant Bitmain reveals heady growth as it files for IPO

sudshr47 September 26, 2018

After months of speculation, Bitmain — the world’s largest provider of crypto miners — has opened the inner details of its business after it submitted its IPO prospectus with the Stock Exchange of Hong Kong. And some of the growth numbers are insane. The document doesn’t specify how much five-year-old Bitmain is aiming to raise from […]

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TMGcore is running high-efficiency crypto mines in Texas

sudshr47 June 29, 2018

Out on the plains of East Texas, not far from Dallas, a company called TMGcore is mining crypto. The company, funded to the tune of $70 million, will be mining multiple cryptocurrencies and is using some unique technology to ensure that it doesn’t eat up an entire city’s worth of energy. “TMGcore will be one […]

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Facebook has a new job posting calling for chip designers

sudshr47 April 19, 2018

Facebook has posted a job opening looking for an expert in ASIC and FPGA, two custom silicon designs that companies can gear toward specific use cases — particularly in machine learning and artificial intelligence. There’s been a lot of speculation in the valley as to what Facebook’s interpretation of custom silicon might be, especially as […]

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Ethereum falls after rumors of a powerful mining chip surface

sudshr47 March 27, 2018 Startups

Rumors of a new ASIC mining rig from Bitmain have driven Ethereum prices well below their one-week high of $585. An ASIC – or Application-specific integrated circuit – in the cryptocurrency world is a chip that designers create for the specific purpose of mining a single currency. Early Bitcoin ASICs, for example, drove adoption up […]