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Binance to Launch Cloud Mining Business in November Binance to Launch Cloud Mining Business in November

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Binance to Launch Cloud Mining Business in November

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The world’s largest cryptocurrency exchange, Binance, has announced plans to launch a cloud mining pool in November 2022.

Binance to Launch Cloud Mining Business in November

“As one of the leading mining pools in the world, Binance Pool will not only operate as a mining pool, but will also take responsibility for contributing to a healthy industry, especially during uncertain market conditions,” said a spokesman for the Binance crypto exchange.

At the same time, Binance Pool plans to buy hashrate from third parties, and will probably not be responsible for managing its own infrastructure. (Hashrate is the total computing power of the blockchain. Mining difficulty determines the amount of computing power required to find a new block.)

Also last week, Binance Pool announced the creation of its own $500 million Bitcoin miner lending fund.

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“Some of our clients didn’t believe the data until they put it to the test.” HBM3 Gen2 memory is already being tested by Nvidia

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Some of our clients didnt believe the data until they

Micron has already started shipping HBM3 Gen2 memory to Nvidia, and the testing results seem to be very impressive.

“Some of our clients didn’t believe the data until they put it to the test.”  HBM3 Gen2 memory is already being tested by Nvidia

The memory is being supplied for testing only: mass production apparently has not yet begun. However, it is already clear that new memory can significantly speed up products that will use it.

In the hands of our customers we have samples that, compared to those of our competitors, simply amaze everyone.

In fact, power consumption is so much lower with higher performance that some of our customers didn’t believe the data until they put it to the test.

Micron Business Director Sumit Sadana

Unfortunately, Micron has not yet presented any indicators, although we have data from the announcement. Let’s remember that we are talking about 24 GB of memory per stack with a throughput of more than 1.2 TB/s and energy efficiency two and a half times higher than the previous generation of HBM.

HBM3 Gen2 memory is expected to be used in Nvidia Blackwell compute accelerators, which could appear as early as next year. Such memory is unlikely to appear in gaming video cards, although GDDR7 will also offer an impressive increase in performance compared to GDDR6X.

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China’s SMIC is only four years behind TSMC and Samsung, although US sanctions should keep the gap to 10 years

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Chinas SMIC is only four years behind TSMC and Samsung

The Chinese company SMIC has recently become much more famous due to the fact that, as it turns out, it has mastered the 7 nm process technology and successfully released the Kirin 9000s SoC for the new flagship Huawei smartphones on it. A fresh report shows that SMIC is at most four years behind the semiconductor market leaders.

China's SMIC is only four years behind TSMC and Samsung, although US sanctions should keep the gap to 10 years

At the same time, US sanctions pressure was intended to keep China at a distance of 10 years from leaders, including TSMC and Samsung.

US authorities view the emergence of the Kirin 9000S as a serious threat. However, this cannot be said that sanctions do not work or that China will quickly close the existing gap. Bloomberg says Chinese companies, including SMIC, are finding it increasingly difficult to purchase advanced EUV lithography equipment. Such equipment is produced in large quantities and in a form suitable for the specified tasks, in fact, only by the Dutch ASML, and it is prohibited from selling installations to China. As a result, the transition from a 7 nm process technology to some more modern one, that is, at least 5 nm, may become an insurmountable obstacle for SMIC while sanctions are in effect.

At the same time, it recently became known that China is at least trying to create an advanced lithograph operating on a particle accelerator, which will be able to produce products at 2 nm standards.

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Changan CS35 Plus Super Edition presented: two pedals, two screens and 160 hp. for 11 thousand dollars

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Changan CS35 Plus Super Edition presented two pedals two screens

The Changan CS35 Plus crossover is already inexpensive, but with the Super Edition it has become even more interesting: the price is lower, and the equipment is still at a high level. They presented the car in China, the cost was only 11 thousand dollars.

Changan CS35 Plus Super Edition presented: two pedals, two screens and 160 hp.  for 11 thousand dollars

Changan CS35 Plus Super Edition presented: two pedals, two screens and 160 hp.  for 11 thousand dollars

The crossover is equipped with a 1.4-liter Blue Whale line engine with a power of 160 hp. The engine is paired with a 7-speed robotic transmission with two wet clutches, the drive is exclusively front-wheel drive.

Changan CS35 Plus Super Edition presented: two pedals, two screens and 160 hp.  for 11 thousand dollars

Changan CS35 Plus Super Edition presented: two pedals, two screens and 160 hp.  for 11 thousand dollars
Changan CS35 Plus Super Edition presented: two pedals, two screens and 160 hp.  for 11 thousand dollars

It is equipped with a multifunction steering wheel, a combined interior with red leather inserts, a digital instrument panel with a 9-inch screen and a media system with a 10.25-inch display, climate and cruise control. In general, all the necessary comfort options are there.

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