MyBit Partners With Alpine Mining

MyBit intends to be a first-class platform by giving users the opportunity to invest in Internet of Things devices on the ethereum blockchain
30 January 2018   1988

MyBit, an open source decentralised platform, has announced on Tuesday that it has partnered with cryptocurrency mining company Alpine Mining to help to tackle the issue of environmental sustainability regarding blockchain technology.

There’s a lot of excitement around the internet of things and blockchain right now. Globally, the market for IoT devices is projected to grow to $8.9T in 2020. Here at MyBit, we’re making buying, selling and monetising them as easy as using an app. And through our partnership with Alpine Mining, we’re bringing our tech to the mining community for the first time.

 

Ian Worrall

CEO, MyBit

According to the announcement, MyBit and Alpine Mining will offer distributed ownership of mining operations for every budget with the ability to scale rapidly. By integrating in the MyBit platform users will be able to co-own existing mining operations, customise or crowdfund their own.

MyBit added that as well as their partnership with Alpine Mining, the company is seeking to team up with other companies in the industry to help non-blockchain businesses to bring their IoT devices to new audiences.

Bitmain to Release ZEC Antminer Z11

Bitmain claims the new miner is three times more powerful than its predecessor
19 March 2019   91

The largest manufacturer of equipment for the extraction of cryptocurrency Bitmain introduced the device Antminer Z11 for mining ZCash and other cryptocurrencies based on the Equihash algorithm. The company claims that the new miner is three times more powerful than its predecessor.

Antminer Z11 hash performance is 135 KSol / s. At the same time energy efficiency of the device reaches 10.50 J / KSol.

Note that the miner is based on a 12-nanometer chip, developed using Bare Die casting technology for best heat dissipation.