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TSMC to Produce 5nm Chips for Cryptocurrency Mining

As Bitcoin and Ethereum reach record-high prices, miners can increase their spending on hardware and companies developing mining ASICs waste no time rolling out new models. Bitmain, a designer of mining accelerators, has reportedly placed an order with TSMC to produce an ASIC using the foundry’s latest N5 fabrication process (5 nm).   Taiwan Semiconductor Manufacturing…

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Study Shows SSDs Are More Reliable than HDDs

If you needed another reason to get one of the best SSDs rather than any hard drive, here’s one. Blackblaze, an online backup storage company, published a study showing that SSDs having a far lower failure rate than traditional hard drives. (HDDs). This data was taken from the servers in thousands of Blackblaze’s data center…

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IRS Now Seeks Identities of American Cryptocurrency Traders

A federal court in the Northern District of California have authorized the United States Internal Revenue Service (IRS) to identify taxpayers that have used a cryptocurrency exchange. In particular, the IRS wants to know about taxpayers who conducted at least $20,000 in crypto transactions from 2016 to 2020.  Cryptocurrencies were originally designed to be an anonymous payment method…

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