HashChain Acquires Node40 to Improve Mining

HashChain Technology has announced that it acquired technology company NODE40 in order to diversify its cryptocurrency mining strategy with blockchain
31 January 2018   4158

NODE40 Balance is a robust cryptocurrency reporting software that integrates directly with certain major cryptocurrency exchanges, and NODE40 also provides Dash masternode hosting services. The company's aim is to free cryptocurrency investors from the technical hurdles and time investment needed to run Dash masternodes.

NODE 40 was recentry acquired by HashChain, a blockchain technology company, and the publicly traded Canadian cryptocurrency mining company which supports flexible mining operations across major cryptocurrencies.

Patrick Gray, the founder of HashChain stated that one of the major goals of the industry at the moment is cryptocurrency accounting and reporting for tax purposes, that is why software developed by NODE40 is on such a high demand.

Cryptocurrency mining remains an important focus for HashChain, as we continue to acquire more Rigs and generate revenue on a large scale. The acquisition of the NODE40 Business is an important next step of creating a global blockchain technology company.

Patrick Gray
CEO and Founder, HashChain

Perry Woodin, the co-founder of NODE40 stated that the acquisition of NODE40 by HashChain means that the companies can rapidly grow blockchain service offerings, as it expects to expand the NODE40 Balance accounting service to support additional transparent blockchains and integrate with many more exchanges.

SBI Holdings to Start Mining Chips Manufacturing

The new enterprise will work in partnership with an unnamed major semiconductor manufacturer from the United States
22 March 2019   68

The Japanese financial conglomerate SBI Holdings announced the creation of a new enterprise that will focus on the production of chips and cryptocurrency mining systems.

The message on the company's website says that SBI Mining Chip Co. (SBIMC) is part of SBI Holdings digital asset strategy.

The new enterprise will work in partnership with an unnamed major semiconductor manufacturer from the United States, and a former head of Chip Estimate and WearSens Adam Trademan, will head it. Currently, Trademan heads the BRD mobile cryptocurrency wallet development company, in which SBI Holdings invested $ 15 million in January of this year.

Recall that its plans to launch a broad offensive against the cryptocurrency industry were announced by SBI Holdings in October 2017. Since then, the corporation has made numerous investments in various projects, and also intends to promote the mass adoption and practical use of the RR Xle XRP token.