Swiss investment firm Final Frontier and global blockchain technology company th...
- Swiss investment firm Final Frontier and global blockchain technology company the Bitfury Group, which was recently valued at $1 billion, on Wednesday announced the launch of a regulated bitcoin mining fund.
Bitcoin mining entails updating the ledger of bitcoin transactions known as the blockchain. Miners run extremely powerful computers in a race against other miners to guess a specific number. The first miner to guess the number gets to update the ledger of transactions and also receives a reward of 12.5 newly minted bitcoins.
The fund will invest in turnkey assets consisting of mining sites with some of the lowest electricity and operating costs globally that feature Bitfury data centers, both companies said. Bitcoin has trended higher the last few weeks, trading up nearly 4 percent at $5,594.65 on the Bitstamp platform late Tuesday.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Alpine stability helps Swiss scale IPO peakTrain maker Stadler and medical devices group Medacta raised a combined $1.9 bln in Zurich listings this month, defying a European market becalmed by Brexit and trade woes. Relative stock market strength is fuelling the rush. As valuations flatten, other venues will catch up.
Consulte Mais informação »
Credit Suisse earnings: 749 million Swiss francs for Q1 net profit, vs 692 million Swiss francs expectedCredit Suisse produced another rise in net profit for the first quarter of 2019, its first period following the completion of its three-year restructuring plan.
Consulte Mais informação »
UBS, Deutsche Bank in asset management merger talks: FTThe asset management arms of Deutsche Bank AG and Swiss bank UBS Group AG are in...
Consulte Mais informação »
Opinion | Europe’s Alternative to Medicare for AllOpinion: Swiss and Dutch private insurance provide better universal health coverage than Canada’s single-payer system, write Regina E. Herzlinger and BacchusBarua
Consulte Mais informação »
ABB seeks new chief executive after Spiesshofer's surprise departureABB seeks new chief executive after Ulrich Spiesshofer's surprise departure by johnrevill7
Consulte Mais informação »
Investor AB, Cevian support ABB move to replace CEOBig ABB shareholders Investor AB and Cevian backed on Wednesday the Swiss engine...
Consulte Mais informação »
Roche lifts 2019 outlook after first-quarter sales beatSwiss drugmaker Roche raised its 2019 outlook after first-quarter sales rose 8 p...
Consulte Mais informação »
Nestlé’s U.S. Strategy Sweetens First-Quarter SalesNestlé saw a pickup in North American sales led by price increases and pet care, as the Swiss consumer goods giant posted first-quarter growth that exceeded analysts’ expectations.
Consulte Mais informação »
CEO exit puts ABB overhaul on firmer footingThe Swiss-Swedish group has abruptly parted company with boss Ulrich Spiesshofer – who presented ABB’s revamped strategy only two months ago. There’s no immediate replacement. Still, a 5 pct share bump suggests even if investors like the new direction, they fancy a new helmsman.
Consulte Mais informação »
ABB Chief Exits Abruptly Amid RevampABB Chief Executive Ulrich Spiesshofer unexpectedly stepped down, ending a more than five-year run that saw the Swiss engineering giant gear its focus toward robotics and digital technologies but struggle with a weak share price.
Consulte Mais informação »