Bitmain, or one of the global leaders responsible for manufacturing the vast majority of all ASIC mining devices, is now releasing two new internet routers that will mine the cryptocurrencies Dash and Siacoin.
Also known as ‘the biggest crypto company’, Bitmain announced the launch in a tweet shared online, mentioning the new miners which are known as the Antrouter R3-DASH and Antrouter R3-SIA. They will both function as internet routers that can mine cryptocurrencies while using the devices’ idle processing power. Moreover, they are both models from the R3 router collection by Bitmain which already has a R3 Litecoin Mining Router in it.
We are pleased to announce the #antrouter R3-DASH & R3-SIA, new miners from the R3 series that is also dual-function WiFi Router and Crypto Miner that can mine #dashcoin & #siacoin. Order here Dash: (https://t.co/bT7VM9FWUT) & Sia: (https://t.co/4WvlkK62Zc) now while stock lasts! pic.twitter.com/j7WhkShgJi
— Antminer_main (@Antminer_main) August 6, 2018
Earlier this year, the second largest manufacturer of mining equipment, Canaan Creative, launched the AvalonMiner Insider which is a smart TV that doubles as a Bitcoin mining device with a capacity to process 2.8 trillion hashes per second.
As the product page of the Antrouter R3-DASH outlines, the router was designed to mine DASH. However, Bitmain said that it can also mine other X11 coins but “Cannot guarantee the performance or efficiency of the R3-DASH when used to mine X11 coins other than DASH.”
The second router, or the R3-SIA, has been tested and designed to mine Siacoin (SC). Just like the R3-DASH, it can also mine other blake (2b) coins but the company said that it cannot guarantee the performance for mining cryptocurrencies other than Siacoin.
The company is expected to ship the miners out within 10 working days, where customers will have a personal Bitmain account setup and start mining in Bitmain’s Antpool.
Justin Sun Proves Crypto Is Not A Scam By Hiring A Former SEC Official
“We’re ready to fully embrace regulation here. We’ve just hired our first head of compliance, who previously worked for the SEC for almost eight years.”TRON’s founder wants to make sure that TRON is fully regulated in the United States but also Korea and Japan. He made a point that Blockchain is a like a new operating system and that the worlds need to embrace it and be more optimistic towards regulation. He continued saying:
‘’The SEC, I think also sees the blockchain as good opportunity for innovation in the United States. I’m hoping that this year the SEC will license and regulate coin-based exchanges. This year will be the year of full regulation.’’One of the ways that Sun can make blockchain mainstream is by launching the BitTorrent Token on the Binance Launchapd. BitTorrent is a file sharing protocol that serves 100 million users in more than 130 countries. Sun acquired BitTorrent for $126 million last year. However, former chief strategy officer Simon Morris of BitTorrent said that there is no possible way for the TRON blockchain to be able to handle the transactions conducted on BitTorrent’s network but at the end, he ended up being dismissed as an incompetent employee.
UN Thinks Bitcoin & Crypto Are “The New Frontiers” In Finance, Focusing On Ripple And IOTa
“Cryptocurrencies represent a new frontier in digital finance and their popularity is growing. The decentralized networks for cryptocurrencies, bitcoin being a well-known example, can keep track of digital transactions. They enable value to be exchanged and can give rise to new business models which would otherwise require significant regulatory and institutional commitments." the report states.According to the UN, blockchain and crypto have many use cases. As it is explained in the document:
"For example, a value token called ClimateCoin is being considered as a basis for creating a global market for carbon emissions, allowing peer-to-peer exchange of carbon credits and a direct connection with the Internet of Things. It would then be possible for devices to calculate their own carbon emissions and purchase carbon credits to offset those emissions."The document also focuses on innovation and how it comes from inherent trust, citing that "the innovativeness of this system lies in the way in which the various parts combine to create the trust and guarantees that the traditional financial system derives from institutions and regulation."
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