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Japan’s GMO Internet Develops 12 NM Mining Chips

Major internet technology manufacturer and recent entrant into virtual currency mining hardware industry, GMO Internet Inc, has announced it has successfully developed a 12 nanometer (NM) Fin FET Compact (FFC) semiconductor chip for its next-generation of cryptocurrency miners. The company has described the innovation as a significant step “towards realizing […]

Coinbase Is Making $2.7 Million a Day

Running a major cryptocurrency exchange can be a logistical nightmare, but the rewards make it all worthwhile. In information released to shareholders this week, Coinbase revealed that it recorded turnover of $1 billion last year, which works out at an astonishing $2.74 million a day or $2,000 a minute. Coinbase […]

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