Antshares gained 400% in one week

Chinese blockchain platform received a "boom" growth
23 June 2017   1297

AntShares is a Chinese blockchain platform. It had big price spikes recently, now is at 9$.

Blockchain

Distributed database that is used to maintain a continuously growing list of records, called blocks

AntShares Charts
AntShares Charts

This blockchain platform is not popular in the Western world now. It is due the fact that it is not targeted at western customers. It's about time to get familiar with this product.

What’s inside?

AntShares features:

  • It uses smart contract like Ethereum, but it is possible to held multiple classes asset in one chain.
  • Platform is Sino-centric.
  • It is focused on “digital asset registration,” and has successfully helped more than one firm.

Can AntShares become a Badu for Bitcoin's Google? Fact that AntShares is native for China and "knows" how to navigate in it's regulatory landscape can really help this platform to become successful. AntShares is far from Bitcoin and it can be it's plus too.

Local currencies and networks

The main factor of currencies' popularity is its social acceptability and social network effect. Facebook is not main social network in a lot of counties, for example, China and Russia have their own social networks. Facebook competes for users in this countries with local social networks.

Same with Bitcoin. Worldwide this currency is or not, Bitcoin is less popular in non english-speaking regions. It is much harder to learn about it in places like China. So, projects like AntShares have all chances to get its regional alcove. Same for Russia - instead of Bitcoin, russian users can get homegrown analogue. There are two variants, why AntShares received such a "boom" growth:

  1. Upcoming conference.
  2. Cryptocurrency enthusiasts are looking for other innovative projects which appear untapped.

If AntShares will become more widely used in China, it can get a many-fold value rise and at the moment we may be witnessing only the beginning.

Giant Mining Solar Powered Farm to Created in California

Plouton Mining will allocate solar panels on 49 acres and it's planned they should generate about 10-13 megawatts per day, working for an average of 12 hours
26 June 2019   54

Plouton Mining, a subsidiary of Plouton Group Holding, intends to open the largest Bitcoin farm in North America for mining, whose operations will be provided by solar energy. To this end, the firm chose a territory in the western part of the Mojave Desert, California.

Plouton Mining will place solar panels on 49 acres: they should generate about 10-13 megawatts per day, working for an average of 12 hours. The company stressed that Western Mojave receives sunlight for 70% of the year.

The company will also sign the necessary contracts with local electricity suppliers in order to operate the farm in the absence of solar radiation.

Meanwhile, the bitcoin hashrate has again updated the historical maximum at 66.666 EX / s.