The First Bitcoin ETF in Australia: A Game-Changer for Investors After many months of industry consultation, in November of 2021, the Australian Securities and Investments Commission (ASIC), approved long awaited Bitcoin and Ethereum exchange-traded funds (ETFs). In doing so, ASIC has provided the best-practice requirements and guidelines for those issuing Bitcoin or Ethereum ETFs, emphasising the protection and storage of digital assets. “We recognise the interest in, and demand for, exchange-traded products (ETPs) and other investment...Continue Reading
RMIT Supports DAOs Precincts A new report out of RMIT’s Blockchain Innovation Hub, Centre for Cyber Security Research and Innovation and the Digital Ethnography Research Centre has said Decentralised Autonomous Organisations (DAOs), including a Docklands DAO, could pilot a new type of digital economic infrastructure, revitalising precincts in Melbourne’s CBD. This would see local retail, residential and commercial tenants come together to utilise an ecosystem that could aid all “stakeholders optimise resource allocation, increase efficiency and ultimately revitalise...Continue Reading
Bitmain in mid-March released the Bitmain S19 XP Hyd, a new liquid cooling miner that is its most power-efficient model to date, delivering 255 TH/s at 20.8 J/T. Being the world’s largest manufacturer of cryptocurrency mining equipment, Bitmain’s new S19 XP Hyd has the greatest power efficiency among all of the company’s rigs. It boasts 255 terahash/second (TH/s) of computing power at 20.8 joules per terahash (J/T) of power efficiency, running on 5,304 watts. It...Continue Reading
As the need for use of cleaner energy in Bitcoin mining hardware becomes paramount, Canaan has recently released its new Bitcoin Mining hardware in its A12 series, gearing up its expansion of self-mining. The Avalon 1266 will have 100 terahash per second (TH/s) mining hashrate capacity and 35 joules per terahash (J/T) power efficiency, a company executive said during the Bitcoin 2022 Conference in Miami. The new model improves upon the previous Avalon 1246, which had capacity...Continue Reading
Crypto Mining Industry at Bitcoin Miami At Bitcoin Miami, a significant spotlight was on the Crypto Mining Industry, marking it as a central theme throughout the four-day event. Held from April 6th to 9th, the conference served as a gathering point for cryptocurrency enthusiasts aiming to bolster Miami’s standing as a pivotal hub for blockchain development. The event offered a platform for companies to engage in networking, share insights, and announce developments to the broader crypto community, reinforcing...Continue Reading
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