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Bitmain’s 1.16 PH/s Bitcoin Mining Beast: The ASIC Arms Race Just Got Real


Over the past three years, bitcoin mining gear has evolved dramatically—from machines cranking out massive terahash to widely available rigs boasting efficiencies under 20 joules per terahash (J/TH). At the World Digital Mining Summit last month, Bitmain pulled back the curtain on a machine...

The Nintendo Switch Phone App Just Got A Lot Better


The Nintendo Switch 2 launches in exactly one week, and in the lead up to the new console, Nintendo has updated the Nintendo Switch Online app and made it much more useful. It also has a new, pithier name. Say goodbye to the Nintendo Switch Online App, and say hello to the Nintendo Switch App. Read...

Who’s got the charm, cash and code to be a crypto hub?


Kazakhstan, the Maldives and Pakistan have recently outlined ambitions to position themselves as crypto hubs and build out their digital economies.Historically, these countries haven’t been top of mind for global crypto firms — though Kazakhstan did have a brief moment in the spotlight...

Who’s got the charm, cash and code to be a crypto hub?


Kazakhstan, the Maldives and Pakistan have recently outlined ambitions to position themselves as crypto hubs and build out their digital economies.Historically, these countries haven’t been top of mind for global crypto firms — though Kazakhstan did have a brief moment in the spotlight...

Bitcoin Mining Just Got Tougher as Difficulty Spikes and Hashrate Slips


On Saturday, at block height 897,120, Bitcoin’s mining difficulty increased by 2.13%, reaching 121.66 trillion and marginally raising the computational challenge required to uncover new blocks. Bitcoin Mining Difficulty Climbs Past 121 Trillion Miners now face slightly steeper odds in their efforts...

Canada 'got it wrong' labeling stablecoins securities — NDAX exec


Tanim Rasul, chief operating officer at Canadian crypto exchange NDAX, said Canada “got it wrong” categorizing stablecoins as securities in 2022, and the country needs to realize that every other regulatory regime is looking at stablecoins as payment instruments.Rasul made the remarks...

Banks Just Got the Green Light: OCC Clears Crypto Trading Role


U.S. banks get green light to expand crypto services with fresh OCC guidance fueling regulatory clarity and innovation in digital assets. New OCC Guidance Expands Crypto Role for Banks The Office of the Comptroller of the Currency (OCC) announced on May 7 the release of Interpretive Letter 1184...

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