Home / Crypto Currency / BitcoinNews.com Launches Bitcoin News Platform, Already Receiving Over 1,000,000 Page Views per Month

BitcoinNews.com Launches Bitcoin News Platform, Already Receiving Over 1,000,000 Page Views per Month

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Bitcoin Press Release: Independent information news portal BitcoinNews.com has recently launched. Aiming to be the best in blockchain news, delivering the latest, most influential events and opinions in the blockchain and cryptocurrency sphere to a global audience from an objective, unbiased viewpoint.

Aug 05, 2018, Belize City, Belize – Bitcoin News is pleased to announce the news platform is officially live at BitcoinNews.com.

As the new source of Bitcoin and Blockchain news from around the world, Bitcoin News has a simple objective: to bring awareness to the general public on the latest media reports, policy changes, events and technological advancements within the nascent cryptocurrency industry.

Bitcoin News looks to meet the growing demand for objective news reporting among the many cryptocurrency communities that continue to expand as the industry gains recognition and prominence. It hopes to provide clarity to events and opinions that potentially affect mainstream and institutional interests, while acknowledging the multi-faceted diversity of global developments in blockchain and cryptocurrency.

Neutral news with integrity

In an environment where information is as ubiquitous as misinformation, Bitcoin News focuses on actual, fact-based reporting that is fair, transparent and sensible, doing its utmost to review all news sources.

Bitcoin News publishes daily stories written and curated by journalists, chiefly on Bitcoin and blockchain developments, initially focusing on major news and events, with a view to develop investigative content to inspire community dialogue critical to democratic opinion.

Backed by independent media and cryptocurrency veterans free from blockchain sponsorship and influence, Bitcoin News is the result of years of thought, experience and vision – grounded by the beliefs that crypto journalism is a public service that should serve the best interests of its readers.

Market Capitalization Information

BitcoinNews.com also features a Market Cap page for cryptocurrency market capitalization as a resource for traders to track the performance of over 1,400 cryptocurrency coins, from the industry giants of Bitcoin and Ethereum, to emerging projects like UTRUST and others.

The team hopes that independent crypto journalism continues to be enjoyed by as many international readers as possible and looks forward to even more participation from the community worldwide.

Visit BitcoinNews.com at: https://bitcoinnews.com

Follow BitcoinNews.com on Twitter: https://twitter.com/BitcoinNewsCom

Telegram updates from BitcoinNews.com at: https://t.me/bconews

Check out the BitcoinNews.com Instagram account: https://www.instagram.com/bitcoinnewscom

Subscribe to latest stories via the Bitcoin News RSS feed: https://bitcoinnews.com/feed/

Media Contact
Contact Name: Bitcoin News Media
Contact: [email protected]
Location: Belize City, Belize

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Is Demand For Bitcoin Mining in Decline? Chip Maker Slashes Target

Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s largest dedicated independent chipmaker, has predicted a drop in demand from the cryptocurrency mining community in the fourth quarter this year. The growth target of 7 to 9 percent was slashed to 6.5 percent partly due to the demand dynamics of bitcoin miners. Crypto Mining Demand For TSMC Chips to Weaken Further In Q4 2018, Says CEO C. C. Wei, Chief Executive Officer and Vice Chairman of TSMC told investors at the company’s third quarter 2018 earnings conference that business growth would be offset by “continued weakness in cryptocurrency mining demand”. “Moving into fourth quarter, despite the current market uncertainties, our business will benefit from the continuous steep ramp of7-nanometer for several high-end smartphones as well as the demand for 16/12-nanometer for the launches of new-generation GPU andAI. However, this growth will be partially offset by continued weakness in cryptocurrency mining demand and inventory management byour customers.” The company forecasts growth between 5 and 7 percent for the overall semiconductor market excluding memory, while foundry is expected to grow between 6% and 7%. Weakening demand from cryptocurrency miners has forced the firm to adjust the growth estimate to 6.5 percent in U.S. dollar terms, according to the chief executive. “However, our business is also negatively impacted by further weakening of cryptocurrency mining demand. As a result, we estimate our 2018 growth rate will be about 6.5% in U.S. dollar term, which is close to the foundry industry’s growth but slightly below our 7% to 9% guidance given in the last conference.” The downshift in mining profits is the main responsible for the company’s revision of its full-year sales target, citing uncertainty in the cryptocurrency market as its reason. In April, the Taiwan Semiconductor Manufacturing Company lowered its 2018 revenue guidance to 10% growth from 10-15%, estimating that about 10% of the Asian chipmaker’s revenue depends on cryptocurrency mining demand. Moreover, the entrance of Samsung in the global cryptocurrency mining sector could be providing TSMC their first real competitor in the sector, which in turn, may eventually push the company to lower its sales targets in years to come. Samsung has started the production phase of bitcoin and cryptocurrency mining equipment and ASIC mining chips earlier this year. The company intended to manufacture GPU miners for miners targeting small cryptocurrencies in the upcoming months. President Trump’s trade tariffs, on the other hand, may hurt future trade volumes of Chinese companies producing cryptocurrency mining hardware. This may eventually benefit TSMC as competitors from the People’s Republic of China will have a hard time in the race for the U.S. market. The post Is Demand For Bitcoin Mining in Decline? Chip Maker Slashes Target appeared first on NewsBTC.

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