Blockchain
New Era of Cryptocurrency Miners Released by AsicWay
Sunnyvale, California–(Newsfile Corp. – October 8, 2021) – AsicWay, an innovative technology company(
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At present, AsicWay offers three mining rigs viz. AW1, AW2, and AW PRO. All these products are capable of mining bitcoin, litecoin, ethereum, and monero, and are built around the latest ASIC technology. One of the major highlights of AsicWay miners is their extraordinary hash rates, making them the most powerful mining hardware right now. Moreover, these products have surprisingly low power consumptions.
BTC (TH/s) | LTC (GH/s) | ETH (GH/s) | XMR (MH/s) | Power Consumption (W) | |
AW1 | 380 | 40 | 2.5 | 3 | 650 |
AW2 | 610 | 64 | 4 | 5 | 850 |
AW PRO | 1950 | 200 | 13 | 16 | 2200 |
Because of their impressive hash rates and power consumptions, these mining rigs have outstanding profit making potential for different cryptocurrencies. AsicWay makes it super easy for users to get started with mining by delivering hardware pre-configured with Linux based system. Also, these miners require a moderate minimum internet speed of 10 KB/s for upload and download.
The technology leaders and visionaries behind the AsicWay team strongly believe that the benefits of crypto mining should not be enjoyed only by technologically skilled individuals. This is why the company has come up with products that can be use by anyone to make a handsome profit.
“Our vision behind creating AsicWay was to simplify the idea of crypto mining so that even the most technologically challenged individuals can benefit from it. We are hopeful about scripting a new era in crypto mining with these products,” said a senior spokesperson from AsicWay.
To find out more, please visit https://asicway.com/
About AsicWay: AsicWay is an innovative technology company created and managed by an experienced team of engineers and enlightened minds inspired by the idea of bringing the best technology to the crypto mining market. The company operates with the vision of bringing unprecedented crypto mining opportunities for all types of investors.
Media Contact:
Aydan Brown
[email protected]
+1 650 741 1299
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/99123
Blockchain
Cardano Foundation Launches PRAGMA: A New Chapter in Open-Source Blockchain Development
The Cardano Foundation has announced the launch of Pragma, marking a significant milestone in open-source blockchain development. Pragma aims to revolutionize Cardano by enhancing its infrastructure through innovative open-source projects.
Pragma represents a new chapter in the evolution of Cardano, focusing on improving its underlying infrastructure and expanding its capabilities. The initiative underscores the Cardano Foundation’s commitment to fostering innovation and driving progress within the blockchain ecosystem.
By leveraging open-source projects, Pragma seeks to enhance Cardano’s functionality and scalability, paving the way for broader adoption and increased utility. These efforts are expected to unlock new opportunities for developers and users alike, further cementing Cardano’s position as a leading blockchain platform.
Pragma’s launch highlights the ongoing evolution of Cardano and its commitment to pushing the boundaries of blockchain technology. Through collaborative open-source development, Pragma aims to address key challenges and drive continuous improvement within the Cardano ecosystem.
The Cardano Foundation’s announcement of Pragma signals a significant step forward in its mission to build a decentralized and sustainable blockchain infrastructure. With Pragma, Cardano is poised to embark on a new era of innovation and growth, setting the stage for a future of unprecedented possibilities in blockchain development.
Source: cryptonews.com
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Blockchain
Indonesian President Cautions Against Crypto in Money Laundering Risks
The President of Indonesia has issued a warning regarding the potential risks of cryptocurrency-related activities, particularly concerning money laundering. This caution comes amidst growing concerns about the misuse of cryptocurrencies for illicit purposes.
The Indonesian President has raised alarms about the possibility of cryptocurrencies being utilized for money laundering schemes. This apprehension underscores the need for enhanced vigilance and regulatory measures to combat financial crimes involving digital assets.
Indonesia’s stance reflects broader global efforts to address the regulatory challenges posed by cryptocurrencies and their potential implications for financial stability and security. Authorities worldwide are increasingly scrutinizing cryptocurrency transactions to prevent illicit activities and safeguard the integrity of the financial system.
In light of these concerns, Indonesia is likely to implement stricter regulations governing cryptocurrency exchanges and transactions. Such measures aim to mitigate the risks associated with money laundering and other illicit activities facilitated by cryptocurrencies.
The Indonesian government’s cautionary approach underscores the importance of striking a balance between fostering innovation in the cryptocurrency sector and safeguarding against financial crimes. As the cryptocurrency landscape continues to evolve, policymakers and regulators face the ongoing challenge of adapting regulatory frameworks to address emerging risks and protect the integrity of the financial system.
Source: cryptonews.com
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Blockchain
SEC Faces Lawsuit from CFAT and Blockchain Association
The U.S. Securities and Exchange Commission (SEC) finds itself entangled in a legal battle following a lawsuit filed against it by the Crypto Federation of American Technology (CFAT) and the Blockchain Association. This lawsuit challenges the SEC’s recent regulations regarding digital assets.
The CFAT and the Blockchain Association have taken legal action against the SEC, disputing its regulatory approach to cryptocurrencies and other digital assets. This move comes amidst growing tension between regulators and the crypto industry.
The lawsuit challenges the SEC’s authority and the legality of its actions, particularly regarding the classification of digital assets as securities. The plaintiffs argue that the SEC’s regulations are overly broad and lack clarity, causing confusion and hindering innovation in the crypto space.
Moreover, the lawsuit alleges that the SEC’s regulatory framework stifles competition and unfairly favors certain market participants. The plaintiffs assert that the SEC’s actions harm consumers and hinder the development of innovative blockchain technologies.
In response, the SEC has defended its regulatory approach, emphasizing the need to protect investors and maintain market integrity. The agency maintains that its regulations are necessary to prevent fraud and ensure compliance with securities laws.
The outcome of this legal battle could have significant implications for the future of the crypto industry in the United States. Depending on the court’s ruling, it could either provide clarity and regulatory certainty for market participants or further complicate the regulatory landscape for digital assets.
Source: analyticsinsight.net
The post SEC Faces Lawsuit from CFAT and Blockchain Association appeared first on HIPTHER Alerts.
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