NOTE: Ripple’ same day increase was over 10% recently due to their partnering with American Express. Instant blockchain-based based payments have been instigated by American Express. They are using Ripple, a fintech startup, to help U.S. commercial customers pay funds to U.K.-based businesses that bank with Santander…
9 posts tagged
Mining
False Reports of Bitcoin Mining Ban in China, Miners Continue, Volume has Fallen
It is rumored that bitcoin and cryptocurrency mining is banned in China. Local miners have stated that although the volume is down, mining is not banned yet. Rumors and Unsubstantiated reports The secret to China’s success in profitable mining operations is cheap electricity. However, Sichuan Electric Power Company released…
Nvidia Report Suggests that Cryptocurrency Mining has Slowed in Q3
Nvidia Corporation, an American technology company, based in Santa Clara, California, is not worried about the recent downturn in the sale of cryptocurrency. Nvidia designs graphics processing units or GPUs for cryptocurrency mining, but this is a small part of the company’s portfolio. Bloomberg has reported that cryptocurrency mining-related…