#CryptoCorner; Coinsquare Launches Ad, Taiwan Moves to Regulate and Company Claims Samsung is Involved in Mining Hardware
#CryptoCorner; Coinsquare Launches Ad, Taiwan Moves to Regulate and
Company Claims Samsung is Involved in Mining Hardware
Point Roberts, WA, Delta BC – April 11,2018 - Investorideas.com, a leader in crypto and
blockchain investing news reports on what’s driving the cryptocurrency markets
with today’s edition of Crypto Corner.
Crypto Corner –April 11, 2018
By Samuel Mowers at Investorideas.com
Read this in full at http://www.investorideas.com/news/2018/crypto-corner/04111CoinsquareTaiwanSamsung.asp
Coinsquare Launches Ad, Taiwan Moves to Regulate and Company Claims Samsung
is Involved in Mining Hardware
Canadian cryptocurrency exchange Coinsquare has
released a television
ad to build its brand before going public later this
year. The ad emphasises the exchange’s security against more risky ways of
investing in crypto.
At press time Coinsquare ranks 103rd in the world with 24-hour a trading volume of $1.38 million USD.
Coinsquare is aiming to raise $150 million CAD with its IPO this September.
Taiwan has moved toward cryptocurrency regulation
via the country’s existing anti-money laundering (AML) laws. In an announcement on Tuesday, the Ministry of Finance cited guidelines laid out by the
Financial Action Task Force, an intergovernmental AML body, as the basis for
regulation.
According to a claim from mining rig retailer MyRig, Samsung
is producing Application Specific Integrated Circuit (ASIC) chips for Halong
Mining. MyRig tweeted a picture of semiconductor material with the caption:
“Now
Dragon Flying (Shipping), this is what powers @halongmining DragonMint T1.
Yes Samsung and Yes 10nm.”
Samsung
confirmed that it had begun manufacturing of ASIC chips in January to South
Korean news outlet The Bell.
“Samsung
Electronics is reaching out to the bitcoin mining industry. Samsung Electronics
has concluded a foundry contract with China bitcoin mining hardware maker, and
it is confirmed that it started mass production from January.
According
to Samsung Electronics and related industries on the 29th, Samsung Electronics
completed the process development of semiconductor ASIC (Application Specific
Integrated Circuit) for bitcoin mining last year, and started mass production
from January.”
So far it is just the tweet
from MyRig that claims Halong Mining is the company Samsung is manufacturing
for as Samsung has yet to confirm.
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