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Kamala Harris Pledges to Support Digital Assets — ‘We Will Cut Needless Bureaucracy’

Kamala Harris Pledges to Support Digital Assets — ‘We Will Cut Needless Bureaucracy’Vice President Kamala Harris has pledged to support innovative technologies like artificial intelligence and digital assets while ensuring consumer and investor protection. Her remarks, highlighting AI and cryptocurrency as key aspects of her economic vision, marked her first direct statement on cryptocurrency as the Democratic nominee. Kamala Harris Backs AI and Cryptocurrency at Major Fundraiser […]

Bitcoin sinks below $100,000, altcoins tumble following Fed’s hawkish signals

Nvidia delays next gen AI chip as investors issue ‘bubble’ warning

After briefly breaking the $3 trillion market capitalization mark in June, things have taken a negative turn for the world’s most valuable chipmaker.

Nvidia’s highly anticipated “Blackwell” B-200 artificial intelligence chip will reportedly be delayed, sending the near-term future of the entire AI industry into a state of uncertainty. 

Tech news outlet The Information claims that a Microsoft employee and at least two other people familiar with the situation have stated that the new chip’s launch date has been pushed back by at least three months due to a design flaw.

While Nvidia hadn’t given a public launch date, CEO Jensen Huang recently announced that the company would begin sending engineering samples “this week” on July 31 at the SIGGRAPH event in Denver, Colorado.

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Bitcoin sinks below $100,000, altcoins tumble following Fed’s hawkish signals

Jack Dorsey’s Block Targets Chip Advancement With 3nm Bitcoin ASIC Mining Rig

Jack Dorsey’s Block Targets Chip Advancement With 3nm Bitcoin ASIC Mining RigOn Tuesday, Jack Dorsey, the founder of Block, took to X to announce that the company is “building a mining rig.” Dorsey also shared a blog post authored by Block’s lead for mining hardware products, Naoise Irwin. The post revealed enhancements in the chip design, upgrading from the initially planned 5-nanometer (nm) process to an […]

Bitcoin sinks below $100,000, altcoins tumble following Fed’s hawkish signals

Reports Say Beijing Attacking Taiwan Could Lead to ‘Far-Reaching Economic Consequences’

Reports Say Beijing Attacking Taiwan Could Lead to ‘Far-Reaching Economic Consequences’While the global economy remains gloomy and the war in Ukraine continues, there’s been significant tension between China and Taiwan. The American representative from California, Nancy Pelosi, plans to visit Taiwan this week and White House officials say China is preparing to carry out “military provocations.” Moreover, during the last few weeks, reports note that […]

Bitcoin sinks below $100,000, altcoins tumble following Fed’s hawkish signals

Report Claims Samsung Is Producing 3nm ASIC Chips — Speculators Assume First Customer Is a Bitcoin Mining Rig Manufacturer

Report Claims Samsung Is Producing 3nm ASIC Chips — Speculators Assume First Customer Is a Bitcoin Mining Rig ManufacturerThe electronics giant and largest corporation in South Korea, Samsung, is in the midst of creating 3-nanometer (3nm) semiconductors for a Chinese application-specific IC firm, sources have said. The new chip design has caused speculation among the crypto community that it’s possible Samsung may be creating application-specific integrated circuits (ASICs) for bitcoin miners. Sources Say […]

Bitcoin sinks below $100,000, altcoins tumble following Fed’s hawkish signals

Russian Bitcoin Mining Assessed Amid Conflict With Ukraine, Large ETH Pool Cancels Service to Russia

Russian Bitcoin Mining Assessed Amid Conflict With Ukraine, Large ETH Pool Cancels Service to RussiaWith the conflict between Russia and Ukraine, many observers are curious about the large quantity of hashrate located in Russia, as the region reportedly controls the third-largest sum of SHA256 hashpower worldwide. Furthermore, on February 24, the ethereum mining operation Flexpool announced it has halted services to Russia entirely. “We apologize to our Russian miners; […]

Bitcoin sinks below $100,000, altcoins tumble following Fed’s hawkish signals

Report: Intel Reveals ‘Bonanza Mine BMZ1’ Blockchain Accelerator Mining Chip

Report: Intel Reveals ‘Bonanza Mine BMZ1’ Blockchain Accelerator Mining ChipLast week the California-based technology company Intel explained its intentions to develop crypto mining semiconductors that would showcase “1000x better performance per watt.” Now Intel has revealed more details about the “Bonanza Mine” (BMZ1) blockchain accelerator chip at this year’s International Solid-State Circuits Conference (ISSCC). Intel’s Bonanza Mine Crypto Chip Products Introduced at ISSCC Information […]

Bitcoin sinks below $100,000, altcoins tumble following Fed’s hawkish signals

Intel to Develop Crypto Mining Accelerators, Claims Circuits Will Deliver ‘1000x Better Performance per Watt’

Intel to Develop Crypto Mining Accelerators, Claims Circuits Will Deliver ‘1000x Better Performance per Watt’The California-based technology company and the world’s largest semiconductor chip manufacturer by revenue, Intel, has revealed the company will “contribute to the development of blockchain technologies” by offering “energy-efficient accelerators.” Intel executive Raja M. Koduri explained that the company expects its circuit innovations will deliver “1000x better performance per watt” than today’s GPU or SHA256-based […]

Bitcoin sinks below $100,000, altcoins tumble following Fed’s hawkish signals

Global Chip Shortage Looms Over Bitcoin Mining Industry, ASIC Supply Tightens

Global Chip Shortage Looms Over Bitcoin Mining Industry, ASIC Supply TightensWhile Bitcoin’s hashrate has been coasting along above 175 exahash per second (EH/s) and recently reached an all-time high, a global shortage of semiconductor chips could slow the growing industry. The shortfall of supply worldwide has disrupted major industries, and manufacturers like Taiwan Semiconductor Manufacturing Company Limited (TSMC) have seen stocks sink in value. At […]

Bitcoin sinks below $100,000, altcoins tumble following Fed’s hawkish signals

Report: ASIC Giant Bitmain Pre-Orders 5nm Chips Produced by TSMC’s N5 Process

Report: ASIC Giant Bitmain Pre-Orders 5nm Chips Produced by TSMC’s N5 ProcessBitmain, one of the largest application-specific integrated circuit (ASIC) manufacturers in the world, is reportedly working with the Taiwan Semiconductor Manufacturing Company (TSMC) in order to leverage TSMC’s 5nm semiconductors. Industry sources say that the 5nm chips being created for Bitmain will start production in the third quarter. Chip Maker TSMC Reportedly Producing Semiconductors for […]

Bitcoin sinks below $100,000, altcoins tumble following Fed’s hawkish signals