Monthly Archives: June 2018

Bitcoin in Brief Wednesday: Zug Tests Blockchain to Decide on Fireworks and Digital IDs

The city of Zug, home of the Swiss Crypto Valley, will invite its residents to take part in an experimental blockchain-based vote. They are expected to share opinions on several questions of local importance, including the fireworks display during the annual Lakeside Festival and the use of digital IDs to borrow books and pay parking fees. This and other fintech and crypto-related stories from the Alpine nation and other corners of Europe are featured in today’s edition of Bitcoin in Brief.    Also read: Bitcoin in Brief […]

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Baikal Miner BK-D, a New First Dual Mining ASIC Miner

Does somebody still remember the Gridseed ASIC miners that could dual-mine BTC and LTC a few years ago? Well, it seems that a new dual mining ASIC miner is coming from Baikal Miner that is capable of mining two different algorithms at the same time. The new Baikal Miner BK-D supports Blake256R14 or Blake256R8 as first algorithm with 280 GHS hashrate and LBRY or Pascal as second algorithm with 70 GHS. You can have the miner mine any of the two pairs of algorithms simultaneously at 1100W […]

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Internet Company Asks Israeli Authorities Permission to Pay Salaries in Bitcoin

The Israeli high-tech sector is currently undergoing a severe talent squeeze, with companies having to compete over employees with higher salaries, stock options and better perks. One such company might have found a new way to attract and retain tech-savvy staff in this environment: offer to pay salaries in bitcoin. Now it only remains to be seen if the country’s authorities will permit the plan. Also Read: Founder of Tron Altcoin Justin Sun Takes Over Bittorrent Inc Spot.IM Wants to Pay Bitcoin Salaries An Internet company with offices […]

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Bitcoin Gold’s New Equihash-BTG PoW Algorithm

Bitmain’s Equihash ASIC miners Z9 mini as well as Innosilicon’s A9 ZMaster are apparently being shipped and are getting into the hands of some users already. This essentially makes mining Equihash with GPUs pointless and not very profitable, so ZCash (ZEC) is already in the territory of ASIC miners, but not all of the crypto coins that used Equihash are going to just move from GPU mining to ASIC miners. Bitcoin Gold (BTG) for example is going to switch to a new proof of work algorithm they […]

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PR: GigTricks Launches Global on Demand Platform for the Gig Industry

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Have you ever wondered why, even though the freelance industry has grown tremendously in the past decades, it failed to acknowledge the recession issue at so many levels? We will come to that but let’s first explore the growing industry a little. […]

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AMD Announces Second Generation Zen2 Processor Released At Computex 2018

In keeping with the theme of AMD’s announcements at Computex – where showcasing of its various 7nm tech took place, the EPYC Zen2 processor was introduced, the latest from AMD, with AMD confirming a production process for its latest CPU at only 7nm. Whether or not AMD’s tradeoff in investment time and money to jump to the 7nm process already was worth it, remains to be seen. But the anticipation is building with each new 7nm announcement. Whilst the announcement was a brief one, with AMD CEO […]

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A Big Day For Apple

Apple’s IOS Devices It has been a big day for Apple after announcing the banning of Cryptocurrency mining on their devices. The statement highlighted that Cryptocurrency mining is no longer allowed on any of its iOS devices. This includes iPhones, iPads, and Macs. This is part of their new App Store guidelines that have just been launched. Although the ban was not directed at Cryptocurrency mining itself, by the very nature of what the mining does means that it is banned. The guidelines state that any app […]

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Japan Cracks Down on Illegal Use of Computers to Mine Crypto

The police in Japan are cracking down on the illegal use of personal computers for cryptocurrency mining. Multiple prefectural police departments are currently investigating one particular case and pursuing criminal charges, which would make it the first criminal case in Japan where computers are illegally used for mining cryptocurrencies. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Police to Press Charges A police investigation is underway in Japan over the hijacking of personal computers to mine cryptocurrencies, the Mainichi reported. “According to investigative sources, people involved […]

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Digital Jersey Signs MOU with Binance to Establish Crypto Exchange in Jersey

Digital Jersey has signed an MOU with Binance to launch a crypto exchange and promote blockchain initiatives on the island of Jersey. Digital Jersey, an independent organization that represents Jersey’s digital industries, has signed a memorandum of understanding (MOU) with cryptocurrency exchange Binance, according to a press release published June 11. Per the terms of the MOU, the two firms aim to develop a compliance base and cryptocurrency exchange on the island. Digital Jersey will reportedly cooperate with Binance to deliver training as part of their digital […]

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Report: Financial Action Task Force to Prepare Binding Rules for Crypto Exchanges

Financial Action Task Force to develop new binding rules for crypto exchanges The Financial Action Task Force (FATF), the international group that combats money laundering and terrorism financing, will start developing binding rules for crypto exchanges in June, a Japanese official familiar with the matter told Reuters June 12. The new rules would be an upgrade to the non-binding resolutions which were adopted by the FATF in June 2015. The FAFT will consider whether existing guidelines on anti-money laundering (AML) measures and reporting suspicious trading activity are […]

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