Mining Caused T-Mobile LTE Interference in Brooklyn

Issues was caused by running bitcoin miner Antminer s5
16 February 2018   1589

The use of mining equipment led to interruptions in the work of mobile operator T-Mobile in the most populated area of ​​New York - Brooklyn. This conclusion, after conducting their own investigation, came to the Federal Commission for Regulation of Communications (FCC) and reported by Bloomberg.

After the complaints received by the department in November 2017, the commission's staff recorded a 700 MHz radio wave emitted by the T-Mobile LTE network from a house in the Sheepshead Bay area, 11229.

Further, they found out that interference with the mobile operator's operation was caused by the active bitcoin miner Antminer s5, and its owner, Victor Rosario, was ordered to disconnect the device and not cause interference in the future.

In addition, within 20 days, he must inform the Office about the purchase, modification and use of the device. Otherwise, he faces a fine, involvement in criminal liability and withdrawal of equipment.

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.