16 May 2023 Bitmain’s upcoming Antminer KS3 ASIC miner for Kaspa (KAS) has been announced and it boasts some crazy specs for sure, especially compared to what is already available on the market. The hashrate of the KS3 ASIC miner is supposedly 8.3 TH/s with a 3188 Watts of power usage, meaning a 0.38 J/GHs power efficiency. As a comparison a single RTX 3070 GPU optimized … [Read more...] about Bitmain’s Upcoming Antminer KS3 ASIC for Kaspa (KAS) is Crazy Fast
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How ‘Fast Money’ Will Shape the Future
As money gets faster, and especially in the kind of loose monetary environment we’re in now, the analyst is increasingly left in the dust. In his place, decisions both by investors and allocators (VCs) will increasingly be based on what you might call “money vibes.” The power of memes and social media discourse in driving investment on Robinhood or in crypto has been widely … [Read more...] about How ‘Fast Money’ Will Shape the Future
Crypto Miner Sell-Off ‘Too Much Too Fast,’ Says DA Davidson Analyst
The recent sell-off in the shares of cryptocurrency miners have created buying opportunities across the group, Christopher Brendler, an analyst at Wall Street investment banking firm DA Davidson, wrote in a research note dated Nov. 29.Mining stocks have tumbled in recent weeks after a rally in October, and are logging a strong start to November. The recent drop corresponds with … [Read more...] about Crypto Miner Sell-Off ‘Too Much Too Fast,’ Says DA Davidson Analyst
For the long haul? When Bitcoin nosedived, institutions held fast
Mid-May’s price plunge was one of crypto’s wildest pullbacks in recent years, a tumble that eliminated nearly $1 trillion from crypto’s market value. The industry had soared to new heights a month earlier, with Bitcoin (BTC) reaching almost $64,000, driven in good part by institutional investors. Now that some calm has returned to the market, bears are asking: How did … [Read more...] about For the long haul? When Bitcoin nosedived, institutions held fast