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ASIC Manufacturer Bitmain Unveils $38K Filecoin Mining Rig 


Bitmain, the mining rig manufacturer, has announced the launch of a new rig that mines the digital currency filecoin (FIL). Similar to the company’s KAS Miner KS3, the new FIL miner carries a hefty price tag of $38,888 per machine. Bitmain Introduces On-Rack Filecoin Miner Bitmain announced...

Exploring Discrete Log Contracts (DLCs) and their impact on Bitcoin


DLC, or Discrete Log Contract, is a Bitcoin smart contract that uses oracles to make trustless transactions. They were introduced in 2017 as a theoretical idea and have been on the Bitcoin network since 2020. DLC functionality substantially improved in 2021 when the network activated its Taproot...

PwC Forecasts Smart Contracts as Future Replacement for Traditional Contracts


The use of smart contracts in the financial industry is increasing, and they are expected to become the standard in the long term, according to a study by PwC. The study found that 52% of IT decision-makers in the financial sector plan to introduce smart contracts in the near future. Over a third...

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