Bitcoin mining company Fortress Technologies has ordered 4,500 Bitmain Antminer S19j Pro machines as it seeks to capture a greater share of mining revenue.The purchase will more than triple Fortress’ hashrate from 195 petahash per second to 645 PH/s, the company announced Monday. A petahash is a measure of computational power.The machines are scheduled for delivery in monthly … [Read more...] about Fortress Technologies Buys 4,500 Bitcoin Mining Machines From Bitmain
Technologies
Gear Technologies Raises $12M to Boost Smart-Contract Development on Polkadot
Polkadot on its own doesn’t allow contract development as it’s not an application platform but more of a kind of meta-protocol, said Gear Technologies founder Nikolay Volf, who was previously a core developer at Parity working closely with Wood over a six-year period. Source link … [Read more...] about Gear Technologies Raises $12M to Boost Smart-Contract Development on Polkadot
Jutta Steiner Leaves Polkadot Builder Parity Technologies
Parity Technologies co-founder and CEO Jutta Steiner has left the company. Parity is the technology firm behind the much-anticipated Polkadot blockchain network.A Parity representative confirmed to CoinDesk that Steiner stepped away earlier this year after running the company since 2015.The representative also confirmed that Gavin Wood will assume the role of CEO following … [Read more...] about Jutta Steiner Leaves Polkadot Builder Parity Technologies
Nym Technologies raises $13M to develop surveillance-evasion platform
European security startup Nym Technologies has announced a $13 million funding round coordinated by renowned crypto investor Andreessen Horowitz, or a16z, and further participated by a venture capital firms Digital Currency Group, Tayssir Capital, Huobi Ventures, Hashkey and Fenbush.This third funding round represented their highest raise to date, following seed funding of $2,5 … [Read more...] about Nym Technologies raises $13M to develop surveillance-evasion platform
Blockchain tech firms AllianceBlock and Flare integrate technologies to expand their DeFi ecosystems
AllianceBlock, a blockchain tech firm that seeks to bridge the gap between decentralized finance, or DeFi, and traditional finance, announced a partnership with fellow blockchain tech entity Flare.Flare claims its layer-one, or blockchain protocol improvement, technology can bring smart contracts to cryptocurrencies such as XRP (XRP), Dogecoin (DOGE), Bitcoin (BTC), Algorand, … [Read more...] about Blockchain tech firms AllianceBlock and Flare integrate technologies to expand their DeFi ecosystems