Russia Intends to Dominate Finance and the Cryptocurrency World by Introducing New Technologies

Russia Intends to Dominate Finance and the Cryptocurrency World by Introducing New Technologies

Recognizing the importance of digital technologies in the financial world, President Vladimir Putin has ordered the issuance of a national cryptocurrency. Concurrently, Russian industry is intent on attaining supremacy in the cryptocurrency mining industry by introducing new computing technology. In effect, the Russian Miner Coin (RMC) company is promising a revolutionary technology for Bitcoin and altcoin mining that would significantly improve energy efficiency. Breaking Computing Technology Paradigms for Cryptocurrency Mining RMC Data Center By using technological innovations, Russians are striving to attain global supremacy in finance and, in particular, in the cryptocurrency world. For example, by introducing MultiClet, a revolutionary new microprocessor, RMC expects to challenge Chinese domination in cryptocurrency mining. MultiClet is scheduled to be launched in October 2018. To finance this effort, RMC is offering an Initial Coin Offering (ICO) to raise $100 million USD. Specifically, RMC plans to introduce the 16 nm Sunrise s11i miner for mining bitcoins as well as the multicellular 28 nm MultiClet miner, the first in the world to work on the S1 processor, for mining altcoins. RMC’s white paper outlines the following features of the new microprocessor: The latest digital signal processor (DSP) (chip for mining) is not on the basis of the von Neumann architecture Multicellular architecture Dynamic reconfiguration – simultaneous performance of multiple tasks...

Date of publication:
20 October 2017 13:00

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Cryptocurrency news / Сайты о криптовалютах (Eng)
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