Category: ASIC
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ASIC Targets Binance Australia Over Landmark Case In Crypto Regulation
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Recent action taken by the Australian Securities and Investments Commission (ASIC) against Binance Australia It represents a major advance in the regulation of cryptocurrencies. The cryptocurrency community is disbelieving over the issue, which will likely have a lasting impact on how cryptocurrencies are governed in Australia and other countries. ASIC’s…
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ASIC Targets Binance Australia Over Groundbreaking Case in Crypto Regulation
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Recent action taken by the Australian Securities and Investments Commission (ASIC) against Binance Australia It represents a major advance in the regulation of cryptocurrencies. The cryptocurrency community is disbelieving over the issue, which will likely have a lasting impact on how cryptocurrencies are governed in Australia and other countries. ASIC’s…
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Hut 8 and BITMAIN To Launch Next-Generation ASIC Bitcoin Miner with Liquid-to-Chip Cooling
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Hut 8 Corp. (Nasdaq | TSX: HUT), a leading Bitcoin mining company, announced today that it has Expanded BITMAIN Technologies Ltd., the world’s largest producer of Bitcoin mining servers, has announced the launch of the U3S21EXPH, a next-generation ASIC miner. This model will be the first commercial mass-produced mining rig…
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Block and Core Scientific Partner to Help Decentralize Bitcoin Mining with New ASIC Chips
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today, Block, Ltd. Block (NYSE: SQ) and Core Scientific (Nasdaq: CORZ) have announced a new partnership focused on increasing the decentralization of mining hardware. The collaboration brings Block’s advanced 3nm ASIC mining hardware, built by their Proto team, to Core Scientific’s large-scale mining operations. Core Scientific, a leading Bitcoin mining…
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ASIC Fails to Impose Any Penalty on Block Earner for Unlicensed Offerings
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A federal court in Australia has favored Block Earner, a cryptocurrency company, by relieving it of the responsibility to pay a fine for offering interest-bearing cryptocurrency products without a proper license. Organizational disappointment? The ruling today (Tuesday) follows action by the Australian Securities and Investments Commission (ASIC) against Web3 Ventures…
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Creator of the Bitcoin ASIC Says Next Wave of Mining Efficiency is Coming
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It’s no secret that the Bitcoin mining industry is being battle-tested in the wake of the fourth halving. The hash price (revenue per terrahash) has reached historic lows as Bitcoin block support has been cut. Meanwhile, the post-halving frenzy has diminished, adding fuel to the fire for already stressed mining…