Japan’s SBI Holdings has announced plans to produce mining chips, as activity is rising for both Bitcoin miners and for altcoin algorithms that promise robust profitability. In a recent statement, the group has outlined its plans for chip creation through a subsidiary, SBI Mining Chip Co. Ltd.
Adam Traidman will be at the helm of the new division, bringing vast experience in the field of electronics. The chip production would happen through a partnership with an unnamed US-based company.
Traidm...