Daily Archives: 20/08/2020

Tether to Launch USDT Stablecoin on OMG Network

Tether has announced the launch of USDT stablecoin on the OMG Network, a tier 2 scaling solution for the Ethereum blockchain. As reported by Tether, thanks to the OMG Network, USDT holders will pay fewer fees, and the time to confirm token transactions will be reduced without compromising security. Tether CTO Paolo Ardoino said that making USDT transactions on the OMG Network will reduce costs, improve network performance and reduce the load on the underlying…

ASIC miner makers return to developing chips for AI

The largest manufacturers of ASIC miners have returned to the idea of ​​producing chips for artificial intelligence (AI) due to the decline in mining profits. According to a report by analyst firm TokenInsight, the change in market dynamics has forced the three largest manufacturers of mining devices – Bitmain, Ebang and Canaan – to shift the focus from ASIC miners to chips for AI in the long term. Research and development of microcircuits is the…