Bitmain Will Build a Mining Farm In Washington 0 54

Bitmain Will Build a Mining Farm In Washington

The management of the Walla Walla district in Washington state, USA, approved the transfer of land to the company Ant Creek with the possibility of its subsequent sale to a Chinese manufacturer of mining equipment, Bitmain, according to the publication Union Bulletin.

The media reported that Ant Creek has the sole manager, it is the co-founder of Bitmain,  Jihan Wu. The main condition of the transaction is 10 acres, which will be sold in a year. The rental price for each is $4700. However, the original offer for the purchase of 30 acres of land was rejected.

At the same time, residents of Walla Walla County are worried about the amount of energy spent by the new institution. In their opinion, Ant Creek plans to enrich the owner of the facilities without taking into account the deductions to the treasury of the district.

We would like to remind you that the co-founder of Bitmain is planning to invest into private central banks and 20-30 startups that are creating the system using blockchain for the legalized issue of private digital currencies.

In January Bitmain sold the first batch of new mining equipment in less than a day due to a new Antminer model called Antminer A3.

Subscribe to The Coin Shark news in Twitter: https://twitter.com/the_coinshark

Previous ArticleNext Article

Mass Media: ICO Projects Will Be Soon Standardized in Russia 0 36

Mass Media: ICO Projects Will Be Soon Standardized in Russia

The Russian Association of Cryptocurrency and Blockchain (RACIB) launched the development of a standard for the regulation of ICO-projects, the newspaper Izvestia reports.

The standard will cover such criteria as: authenticity of information about projects and team, business plan and minimum viability of the product. At the same time, the main product will be published on the web so that everyone can get to know it.

It is noted that standardization does not depend and is not regulated at the legislative level. It will be a component of market self-regulation.

The RAKIB Committee will conduct an examination of new ICO projects for compliance with standardization.

We would like to remind you that the participation of unqualified investors in the ICO will be limited by the Bank of Russia.

Subscribe to The Coin Shark news in Twitter: https://twitter.com/the_coinshark

Cryptocurrency Prices: Bitcoin Is Approaching $9000 0 41

Cryptocurrency Prices: Bitcoin Is Approaching $9000

According to the trade portal Coinmarketcap.com, Bitcoin (BTC) has become cheaper by only 0.2% within the last 24 hours, staying in the green zone. The price at the time of writing is $8889.

Cryptocurrencies in the rating are showing a confident increase. Bitcoin Cash is the leader in growth in the top five. The fork of Bitcoin added about 18% over the past 24 hours, and the price of the token doubled over the week. Ripple, on the contrary, went into recession, losing 2%.

Ethereum shows stable growth. Its cost is $633 per coin.

The total market capitalization is $396 billion. Bitcoin accounts for 38% of the total amount. It is $151 billion in monetary terms.

Subscribe to The Coin Shark news in Twitter: https://twitter.com/the_coinshark

%d bloggers like this: