Rupee changes its mining algorithm

Rupee is preparing to release renewed algorithm for mining on April 16 featuring ASIC-resistance
07 April 2018   1344

The release date for new code to implement Lyra2REv2 in the Rupee blockchain is set to April 16. Back in February, the development team has successfully begun the testing phase of Lyra2REv2. The progress of the phase can be monitored publicly at the Github testnet. A certain level of alignment with several different third-party providers.

Namely, the code and wallets at all of Rupee-operating exchanges should be updated before the algorithm is available for mining purposes. As the exchanges are busy most of time, the upgrade process will be coordinated with the consideration of the exchanges' schedule. The final review of the code is completed by now.

At the moment of publication, the market parameters for Rupee are as follows:

Average price: $0.069962

Market cap: $1,603,281

Volume (24H): $3,475

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   109

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.