Bitstamp launches Bitcoin Cash

After a series of announcements one of the major cryptocurrency exchanges Bitstamp will finally officially launch Bitcoin Cash 
05 December 2017   3388

Bitstamp crypto exchange has been making announcements about launching the cryptocurrecny Bitcoin Cash during several months, at first stating that it will be added by the end of September of 2017, then making a new claim stating that BCH will be launched some time in December 2017. Finally, Bitstamp exchange made a decision and announced that Bitcoin Cash trading starts today, on December 5.

At the moment of press, these are main market parameters of Bitcoin Cash:

  • Average price: $1 578.91
  • Marketcap: $26 586 752 344  
  • 24h volume: $804 982 000

Bitmain to Announce New ASIC Chip

BM1397 chip requires less energy and is able to achieve efficiency at 30J / TH
18 February 2019   66

This Monday, the Chinese mining company Bitmain announced the next-generation 7-nm chip codenamed BM1397, which, according to it surpasses its predecessors in performance and energy efficiency and is suitable for mining cryptocurrencies on the SHA256 algorithm, including Bitcoin and Bitcoin Cash.

The BM1397 chip requires less energy and is able to achieve efficiency at 30J / TH, which is “higher by 28.6% than the previous 7-nm chip from Bitmain”, codenamed BM1391.

BM1397 is manufactured using TSMC, a Taiwan-based semiconductor product company, which is one of the leading suppliers in the cryptocurrency mining industry.

The BM1397 chip will be installed in the new ASIC miners of the Antminer S17 and Antminer T17 models, the release of which Bitmain promises to announce later. The company does not provide other details of the updated devices in its message.