Temasek Not to Finance Bitmain

Another company denies information on investment in mining giant

04 September 2018 414

The Singapore investment holding Temasek did not participate in financing the largest manufacturer of mining equipment Bitmain, is not going to participate in the IPO and never discussed this issue with the company.

We've seen commentary about an IPO involving a cryptocurrency company, Bitmain. Temasek is not an investor in Bitmain, and has never had discussions with, or an investment in Bitmain. News reports about our involvement in their IPO are false.

Temasek at Twitter

Twitter user BTCKING555, who became famous for publishing insider information about Bitmain's IPO, said that another announced investor represented by the GIC investment fund, founded by the Singapore government in 1981, is also not going to participate in financing the mining giant.

When Temasek exposes lying Chinese Mainland Company Bitmain HKEXGroup what about GIC ? Whose name Bitmain uses as investor in its deck and is on crunchbase Bitmain IPO GIC name is defrauded! Statement perhaps ?

BTCKING555

Earlier, the Chinese technology giant Tencent and the Japanese media corporation SoftBank denied info on their participation in the financing of Bitmain.

Mining Bitcoin Blockchain

Bitfury to Represent Bitcoin Mining Optimization Chip

The product is called Bitfury Clarke ASIC and it's based on five successful generations of mining chips

20 September 2018 122

Bitfury Group introduced a new generation of hardware for bitcoin mining under the control of the integrated microcircuit Bitfury Clarke ASIC.

Five successful generations of Bitfury mining chips are the basis for new Bitfury Clarke ASIC. According to the developers, the new chip has the highest performance characteristics among the bitcoin mining hardware.

14nm Bitfury Clarke ASIC is fully optimized for Bitcoin Mining on SHA256. The hashing capacity is up to 120 Gigahets per second (GH / s) with energy costs of only 55 miljoules per gigahash (mJ / GH). The minimum required mains voltage is 0.3 V.

In addition to selling Bitfury Clarke chips, Bitfury also integrates Bitfury Clarke into other hardware, including its own servers for mining and BlockBoxes, as well as in the mining centers in Canada, Norway, Iceland and Georgia.