Category: Mining News

Weak Demand for Mining Hardware Impacts TSMC’s Growth Outlook

Weak Demand for Mining Hardware Impacts TSMC’s Growth Outlook During a recent Q3 earnings call, the world’s largest producer of semiconductors, Taiwan Semiconductor Manufacturing Company (TSMC), forecasted weakening growth for the rest of 2018 due to declining demand for cryptocurrency mining hardware. This outlook comes despite anticipating a significant increase […]

Weak Demand for Mining Hardware Impacts TSMC’s Growth Outlook

Weak Demand for Mining Hardware Impacts TSMC’s Growth Outlook During a recent Q3 earnings call, the world’s largest producer of semiconductors, Taiwan Semiconductor Manufacturing Company (TSMC), forecasted weakening growth for the rest of 2018 due to declining demand for cryptocurrency mining hardware. This outlook comes despite anticipating a significant increase […]

Order Speed Analysis Reveals the Fastest Cryptocurrency Exchanges

Order Speed Analysis Reveals the Fastest Cryptocurrency Exchanges When you’re trading digital assets, speed matters — particularly so if you’re engaged in high-frequency trading, when every millisecond counts. Executing orders a fraction of a second ahead of the market can mean the difference between profit and loss. New data reveals […]

Korean Government Expected to Announce ICO Stance in November, Official Says

Korean Government Expected to Announce ICO Stance in November, Official Says The South Korean government is expected to announce its position on initial coin offerings in November, according to a high-ranking official. The decision will follow the outcome of the survey which the country’s Financial Supervisory Service recently sent out […]

Rapper Soulja Boy Releases New Single Titled ‘Bitcoin’

Rapper Soulja Boy Releases New Single Titled ‘Bitcoin’ Former Grammy and Nickelodeon Kids’ Choice Awards nominee Soulja Boy has become the latest celebrity seeking to associate themselves with cryptocurrency after releasing his new single, ‘Bitcoin’. Also Read: U.S. Senators Push for Stronger Sanctions Against Venezuelan Petro Soulja Boy Drops ‘Bitcoin’ Single […]

Four Court Cases Confirm Cryptocurrencies Are Commodities in the US

Four Court Cases Confirm Cryptocurrencies Are Commodities in the US Cryptocurrencies are commodities, according to four court cases involving the U.S. Commodity Futures Trading Commission (CFTC). A federal judge recently ruled that a token is a commodity, certifying the CFTC’s authority to prosecute fraud and manipulation in the crypto space. […]

Bitpay and BTC.com Team: 1 Million Users Gain Access to $1 Billion Merchant Market

Bitpay and BTC.com Team: 1 Million Users Gain Access to Billion Merchant Market BTC.com has announced its wallet will enable Bitcoin Improvement Proposal 70 (BIP-70) for payment transactions, which is especially helpful between customers and merchants, becoming an industry standard of sorts. The wallet has more than one million users, […]

US Dollar Losing Dominance as a Means for Settling Transactions in Africa

US Dollar Losing Dominance as a Means for Settling Transactions in Africa The dominance of the United States dollar as a settlement currency in Africa is being challenged by emerging payment methods in financial technology and by native African fiat currencies. In the four years to 2017, fewer people in […]