Huobi to Consider Bitcoin ABC as BCH

Number of other exchanges including Kraken, BitPay, Bitstamp, Coinbase, Bithumb, Upbit and Bittrex made the same decision as Huobi
19 November 2018   717

Huobi Global considers the longer Bitcoin ABC chain as a “real” Bitcoin Cash with a BCH ticker.

At the same time, the competing implementation of Bitcoin SV will be traded under the BSV ticker. Trading in this asset together with Bitcoin will start today, November 18th. The possibility of depositing BSV will appear on November 20. The resumption of the possibility of I / O BCH will appear a day earlier, on November 19.

The company also reported that the Bitcoin Cash ABC team created a so-called control point to avoid re-spending.

Huobi will also add BSV coins to the BCH holders in a 1: 1 ratio based on network snapshot made on November 16 at 00:40 (GMT + 8).

Note that a number of other major exchanges and cryptocurrency processings, including Kraken, BitPay, Bitstamp, Coinbase, Bithumb, Upbit and Bittrex made the same decision as Huobi.

Bitmain to Announce New ASIC Chip

BM1397 chip requires less energy and is able to achieve efficiency at 30J / TH
18 February 2019   369

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.