Samsung to Develop ASIC Chips for Halong Mining

There was no official confirmation from the South Korean company, however, one of the Halong Mining distributors made such a statement
12 April 2018   912

As it became known, ASIC-chips for bitcoin-miners of Halong Mining company are made by the technological giant Samsung. There was no official confirmation from the South Korean company, however, one of the Halong Mining distributors made such a statement, CCN reported.

Online retailer MyRig posted on Twitter an image in which a company representative holds a plate of semiconductor material that is used to produce integrated circuits.

MyRig Tweet
MyRig Tweet

It has became known that Samsung starts ASIC chips production in January, but it wasn't reported for who. The only mention was an unnamed Chinese company for the production of equipment for mining, and it was China that was supposed to become the first market for the company to enter before a broader international presence.

Despite the fact that Halon Mining itself is still very little known, the DragonMint T1 produced by it is allegedly the most effective miner in the market to date, superior even to Antminer S9 from Bitmain.

Moreover, in March, Slush Pool confirmed that one of the pool members extracted the block with the help of the Halong Mining Miner, whose effectiveness is achieved through a technological upgrade called overt AsicBoost.

Slush Pool Tweet
Slush Pool Tweet

Halong Mining has its own well-known critic - co-founder Bitcoin.org and Bitcointalk Cobra. According to his repeated statements, Halong Mining are scammers, DragonMint T1 is a fiction, and Innosilicon is actually manufacturing devices.

Cobra Tweet
Cobra Tweet

The first time Halong Mining equipment was presented in November last year. Then it became known that one of Bitcoin Core BtcDrak developer is connected with the project.

Change.org to Mine for Charity

According to the calculations, if 10k computers will run the minning screensaver for 12 hours a day, the charity fund will receive $10k monthly
18 July 2018   97

Social platform for petitions Change.org announced the launch of a screensaver that mines Monero on users' computers. All tokens will be transferred to the charity fund of Change.org. This is reported by Coindesk.

This initiative was launched in partnership with the marketing agency Tracelocke Brazil.

Representatives of Change.org report that the screensaver will consume resources only when users do not use the computer. According to their calculations, if 10 thousand computers will run the screensaver for 12 hours a day, the charity fund will be transferred $ 10 thousand monthly.

At the moment the program is available only for Windows users and the platform did not report on the release plans for the version for macOS.

Note that at the end of April, a similar action was launched by the Australian unit of the United Nations International Children's Emergency Fund; (UNICEF). The website "Page of Hope" mines Monero cryptocurrency.