Crypto ASIC manufacturer Bitmain unable to pay its employees

Crypto ASIC manufacturer Bitmain unable to pay its employees

The crypto mining equipment company is having difficulty paying its bills Bitmain, a manufacturer of Bitcoin application-specific integrated circuits (ASIC), has suspended paying employee salaries for September and later. Multiple Bitmain employees familiar with the matter have cited that the firm has allegedly cut all staff “bonuses and incentives” and hasn’t paid wages due since

New AI-driven algorithms improve cryptocurrency mining, according to researchers

Cryptocurrency miners may be able to improve their efforts using artificial intelligence Francesco Gardin, the CEO of Quantum Blockchain Technologies (QBT), recently announced in an interview with Cointelegraph that the UK research company is revolutionizing cryptocurrency mining through artificial intelligence (AI). It has reportedly developed AI-powered search algorithms that could significantly increase the winning probability

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