Former Bitmain Employees May Find Refuge in a Spinoff Startup Called Matrix

Former Bitmain Employees May Find Refuge in a Spinoff Startup Called MatrixAccording to regional reports, members of Bitmain Technologies and other connected subsidiaries like Copernicus are starting an offshoot company called Matrix. It is not officially known yet just what Matrix will do but some sources allege that the new spinoff will offer cryptocurrency lending services, an over-the-counter (OTC) desk, and custody solutions. Also read: Survey […]

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Revenues on the Mend: Bitcoin Miners’ Gross Margins Grew 39% in February

Revenues on the Mend: Bitcoin Miners' Gross Margins Grew by 39% in FebruaryMining operations that process SHA-256 coins like BTC and BCH saw revenues slashed due to the bear market lows at the end of 2018. Revenues continued to fall into the new year, but over the last few weeks, network hashrates have been climbing again. A report published on March 4 details that even though mining […]

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PR: Austrian ANON Blockchain Summit Attracts Billion Dollar Businesses

Austrian ANON Blockchain Summit Attracts Billion Dollar BusinessesThe inaugural ANON Blockchain Summit Austria will be held April 2-3, featuring Microsoft, IBM, Alibaba Cloud and Accenture plus other big names, with the aim of putting Vienna’s vibrant blockchain scene on the map.

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Tribeos Ad Platform Will Bring Commerce to Bitcoin Cash, Claims Founder

A new digital advertising marketplace called Tribeos aims to launch during Q3 of 2019 with ambitious plans to leverage the Bitcoin Cash (BCH) blockchain. This week news.Bitcoin.com spoke with Matt Gallant, chief executive officer of Tribeos, who explained that the platform will provide the BCH chain with a “ton of commerce.” Also read: An In-Depth […]

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Bitmain Announces New 7nm Bitcoin Mining Chip With 29% More Efficiency

Bitmain Announces New 7nm Bitcoin Mining Chip With 28.6% More EfficiencyOn Feb. 18, mining rig manufacturing giant Bitmain Technologies announced its next-generation 7nm ASIC chip for mining SHA-256 cryptocurrencies like BTC and BCH. According to Bitmain, the mining chip, called the BM1397, is more efficient when mining proof of work (PoW) coins and the new chips will be installed in the latest Antminer series of […]

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