The Australian corporate watchdog has filed a lawsuit against the Gold Coast-based entity that controls the digital currency, Qoin, claiming that it misled or otherwise deceived over 80,000 users. The...
Tag: ASIC
ASIC fires industry warning shot as it sues BPS Financial over crypto promo
Australia’s financial regulator has issued a stark warning to Australian crypto asset providers amid launching civil proceedings against Australian firm BPS Financial Pty Ltd (BPS) over “misleading” r...
Mining Rig Manufacturer Canaan Launches 2 New ASIC Bitcoin Miners With up to 130 Terahash – Mining Bitcoin News
On Monday, bitcoin mining rig manufacturer Canaan Inc., announced the launch of the company’s latest high-performance bitcoin miners called the A13 series. Canaan has revealed two models in the A13 se...
ASIC Miner Market to Grow by USD 125.57 Million in Five Years – crypto.news
The Application-Specific Integrated Circuit (ASIC) mining market size is expected to grow by USD 125.57 million from 2021 to 2026, at a CAGR of 6.74% during the forecast period, according to a report ...
Foundry data shows price gap between ASIC buyers and sellers
With the ASIC market “stuck in a deflationary spiral,” there’s a clear gap between the prices sellers are offering and what bitcoin miners are willing to pay, newly released data fro...
Australia’s ASIC clamps down on three BTC, ETH, FIL-centric funds
Due to non-compliant target market determinations, Australia’s primary financial market regulator has issued temporary stop orders on three cryptocurrency-related funds that were going to be made avai...
ASIC revokes the license of three crypto funds 1
Australian Securities and Investment Commission (ASIC) has announced that it has suspended three crypto funds in the country in its latest statement. According to the complete statement from the regul...
Australia’s ASIC Is Seeking to Regulate Crypto
The Australian Securities and Investments Commission (ASIC) is expanding its digital currency team and says it’s looking to impose more regulation on crypto assets and their respective users, thus mak...
How to Choose the Best ASIC Miner
To stay ahead of the game, Bitcoin miners are expected to choose the most efficient ASIC miner to help them get the highest profit. Thus, let’s see how to choose the best ASIC miner for your crypto ac...
First 3nm ASIC Miners Released by Bitramo
Bitramo, a crypto technology startup, has emerged as the industry’s most talked about the name since its recent launch. The company has surpassed many renowned technology heavyweights to release the f...
World’s Largest ASIC Producer Bitmain Slashes Antminer Bitcoin Mining Rig Prices – Mining Bitcoin News
The world’s largest producer of application-specific integrated circuit (ASIC) bitcoin miners, Bitmain Technologies, has revealed the company is offering a discount on Antminer S19 Pro mining rigs. Th...
Investment Opportunity with New 3nm ASIC Miners
If you are looking for an opportunity to invest in crypto mining, you have undoubtedly landed in the right place. Bitramo is quickly emerging as a popular crypto investment destination with its three ...
ASIC pledges to tackle illegal crypto activities 1
Australia’s Securities and Investments Commission (ASIC) has announced that it will turn its complete focus on the digital asset space over the next few years. According to the Australian regulator, i...
Australian Securities Commission (ASIC) Accepts First Spot Crypto ETF
Investment management firm Monochrome has announced that its other entity, Vasco Trustees Lid, has received authorization from the Australian Securities & Investments Commission (ASIC) to operate ...
ASIC chair troubled by sheer amount of ‘risk-taking’ crypto investors
The chief of Australia’s financial services regulator Joe Longo has raised the alarm over the sheer amount of people that invested in “unregulated, volatile” crypto assets during the pandemic. Longo,...
ASIC Chairman “Very Concerned” As Crypto Becomes Australia Second Best Investment Choice
– Advertisement – ASIC Chairman “Very Concerned” About Australia’s Crypto Investment Choices. The chairman of the Australian Securities and Investment Commission (ASIC), Joseph Longo, ...
Core Scientific Signs Hosting Deal to Add 75 MW to ASIC Server Capacity
U.S.-based crypto mining company Core Scientific has signed a colocation agreement to secure at least 75 megawatts (MW) of energy capacity for its data centres. The new agreement involves the deployme...
After Dismissing Staff, Compass Mining Deploys 25,000 Additional ASIC Miners
The American-based bitcoin miner – Compass Mining – intends to add 25,000 ASIC miners to its facility in Granbury, Texas. The deployment is scheduled for August as it will be supported by Compass’ par...
Compass Mining to add 25,000 ASIC miners just weeks after staff cuts
Mere weeks after announcing staff lay-offs and salary cuts, Compass Mining has unveiled expansion plans in the form of a 75 megawatt (MW) hosting partnership with Compute North for its data center in ...
Bitcoin miners sell their hodlings, and ASIC prices keep dropping — What’s next for the industry?
Crypto companies are going belly up left and right, and Bitcoin mining companies also appear to be taking on water faster than they can bail. In mid-June, Compass Mining CEO Whit Gibbs and chief finan...
The Current State of Bitcoin ASIC Marketplace
July 6, 2022, 10:11AM EDT • 9 min read Quick Take Apart from declining profitability, mining companies are also bleeding on the equipment front as ASIC miner value depreciates. Meanwhile, the hefty re...
Sales of Bitmain’s new Ethereum ASIC miner to begin Wednesday
Mining hardware manufacturer Bitmain will start selling its new application-specific integrated circuit (ASIC) miner AntMiner E9 on Wednesday. The new Ethereum miner features a hash rate of 2,400M, 19...
Intel Ships Blockscale ASIC Chips To Selected Bitcoin Mining Companies
It’s official, Intel is part of the bitcoin mining business. The gargantuan technology company announced its “ultra-low-voltage energy-efficient” ASIC chip barely six months ago, and it’s already here...
Intel launches its ASIC for Bitcoin mining
All set for the launch of the new ASIC for Bitcoin mining by computing giant Intel. The ASIC for Bitcoin mining developed by Intel Everything is now ready for the new ASIC that Intel unveiled last Apr...
Report Claims Samsung Is Producing 3nm ASIC Chips — Speculators Assume First Customer Is a Bitcoin Mining Rig Manufacturer – Bitcoin News
Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a ...
Samsung to produce Bitcoin mining chips; Secures Chinese ASIC firm as 1st customer
South Korean electronics giant Samsung is reportedly working on three nanometer chips that can be utilised in Bitcoin (BTC) mining after the company hinted about the product during the 2022 Q1 financi...
Bitcoin ASIC Miners Plummet To Lowest Price Since Jan 2021
Data shows the price of the Bitcoin ASIC miners has plunged down to the lowest value since January of last year as mining profitability drops off. Prices Of Bitcoin ASIC Miners Have Observed A Decline...
ASIC Declines Proposal to Ban Celebrities From Endorsing Crypto Products in India
After receiving a proposal from the Securities and Exchange Board of India (SEBI) to ban prominent figures from promoting crypto products, the Advertising Standards Council of India (ASIC) said that i...
ASIC Confirms on Cybersecurity Controls by AFS Licensees
Under the many conditions of an Australia Financial Services (AFS) license, the specific requirements of cybersecurity measures are not mentioned. But a federal court in the country held an AFS licens...
ASIC Suspends AFS License of Dixon Advisory, Client Transition Ongoing
The Australian Securities & Investments Commission (ASIC) announced on Tuesday the suspension of the Australian Financial Services (AFS) license of Dixon Advisory & Superannuation Services Pty...
Canaan Unveils New Avalon ASIC Miner –
Canaan uncovers Avalon 1266 at Bitcoin Conference The new ASIC has specs that fall in the middle of Antminer’s S19 and S19 Pro Canaan imagines fast ASIC growth at an exponential rate In the new past, ...
Canaan Unveils New Avalon ASIC Miner as It Expects Further Industry Growth
Canaan (CAN), a Bitcoin mining rig manufacturer, has unveiled the Avalon 1266 model, which aims to capitalize on what it expects will be faster growth in ASICs markets. In the recent past, Canaan Crea...