UPayCard added support for Bitcoin Cash

UPayCard – a service for cryptocurrency payments – announced support for Bitcoin Cash on their platform
01 June 2018   1439

Crypto enthusiasts around the world constantly face the same problem, regardless of the country – inability to use their coins to make real-life purchases at the local store. As usual, with the demand came the offer in form of different services with different approaches to the problem. Some provide payments though the special POS terminal, while the others, like UpayCard, go in the opposite direction. UPayCard provides a whole platform for storage and spending of your cryptocurrency via an app, or with a pre-paid physical card.

UPayCard has been mostly on the good side o the community, but the lack of support for all th diverse coins out there has been a long grumbling point with the clients. Now they wouldn't have so much to complain, because the company during the latest expansion has added support for Bitcoin Cash, which has been steadily growing in popularity with users and vendors alike.

“Bitcoin Cash is the latest cryptocurrency to join the growing list of UPayCard’s crypto offerings. Bitcoin Cash brings sound money to the world, fulfilling the original promise of Bitcoing ‘Peer-to-Peer Electronic Cash’. Merchants and users are empowered with low fees and reliable confirmations.” - was published on the company's website (original grammar at the time of posting preserved).

Bitmain to Announce New ASIC Chip

BM1397 chip requires less energy and is able to achieve efficiency at 30J / TH
18 February 2019   557

This Monday, the Chinese mining company Bitmain announced the next-generation 7-nm chip codenamed BM1397, which, according to it surpasses its predecessors in performance and energy efficiency and is suitable for mining cryptocurrencies on the SHA256 algorithm, including Bitcoin and Bitcoin Cash.

The BM1397 chip requires less energy and is able to achieve efficiency at 30J / TH, which is “higher by 28.6% than the previous 7-nm chip from Bitmain”, codenamed BM1391.

BM1397 is manufactured using TSMC, a Taiwan-based semiconductor product company, which is one of the leading suppliers in the cryptocurrency mining industry.

The BM1397 chip will be installed in the new ASIC miners of the Antminer S17 and Antminer T17 models, the release of which Bitmain promises to announce later. The company does not provide other details of the updated devices in its message.