Samsung Begins ASIC Chip Production

The Bell (Korean news website) reports that Samsung has began production of ASIC hardware this month. The report says that Samsung had earlier signed a contract with a Chinese hardware company related to Bitcoin mining,…

Chinese Bitcoin Miners Eyeing Move to Canada

China has grown into one of the world’s biggest sources of cryptocurrency mining but there are signs Beijing is increasing scrutiny of the sector’s players and may ask local authorities to regulate their power use.…

Russia Planning To Rival China For Bitcoin Mining

One of President Vladimir Putin’s internet advisors plans to raise the cryptocurrency equivalent of as much as $100 million in a push to help Russian entrepreneurs challenge China in bitcoin mining. Russian Miner Coin (RMC)…