Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

AGM Group Affiliate HighSharp Named In Patent Infringement Lawsuit By Canaan

Beijing, China, November 12, 2021 – AGM Group is aware of a lawsuit filed by Canaan on November 3, 2021, which names its affiliate HighSharp and Sichuan Yibimei  Technology Co. for patent infringement. Canaan has requested both companies halt their infringing practice and compensate for economic losses and expenses to the tune of RMB 90 million. The patent in question was filed by Canaan Technology and registered by the China National Intellectual Property Administration and remains legally valid to this day. In the appeal, Canaan alleged that cryptocurrency mining machines designed and manufactured by HighSharp and distributed by Yimbimei had involved patented processes held by the company. HighSharp is said to have applied existing and legally protected patent without obtaining permission from Canaan, thereby infringing on its patent rights. HighSharp is yet to make a public response to these allegations brought forth by Canaan. AGM Group And HighSharp AGM Group entered into a strategic partnership in 2021 to bring the latest generation chips and production services to the mining industry. In September this year, the two companies announced a six-month strategic cooperation agreement, the terms of which include that Highsharp will license AGM for priority use of its latest generation of chips and production services; while AGM commits to developing relevant business customers and complete orders of at least US$100 million within the cooperation period; after reaching the sales goal, the two sides will build a joint venture to development exclusive chip for AGM. About AGM Group AGM Group Holdings Inc., is a financial integration company focused on high-performance chip solutions. Headquartered in Beijing, China, the company provides chip design, chip research, and development, and produces crypto mining hardware. AGM Group Holdings Inc. which trades on the NASDAQ with the ticker AGMH also provides fintech software services. AGMH aims to be a major player and contributor to the global blockchain ecosystem. About HighSharp Found in 2016, HighSharp operates businesses including R&D of servers and computers, machine assembly and sales, as well as the technology development and sales of electronic components, integrated circuits, and instrumentation accessories. Angaomeng Holding (AGMH.US) is an integrated technology company that focuses on high-performance ASIC chip solutions, including chip design, chip development, and cryptocurrency miner production.

Plan B is still holding on to his 98k Nov. Prediction and 135k Dec., even says cycle will continue after Dec.

In a quite recent tweet from Plan B he confirmed that he is still holding onto his Predictions. Also he pulled down the S2F model to 100k by December, originally it was 100k by mid cycle and he thinks that this cycle will go over December. All this is not his actual model. His actual…
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Life as a web3 developer (before Eth2)

submitted by /u/jacored [link] [comments]

‘Ethereum cannot be killed’ says Solana chief

submitted by /u/alphaqu2twice [link] [comments]

Ethereum ‘has to bounce’ as ETH bulls pin $5K rally hopes on critical support channel

Many analysts agree that the “dynamic support” could boost accumulation sentiment in the ETH market.

Good time to be in crypto: USD$ is losing close to 1% of its value every 30 days

submitted by /u/Huestophonic [link] [comments]

Ethereum mainnet keeps eating my fees but not making transactions

Hi!I've lost about 60$ due to failed transactions. Why the hell it eats up fees and not making transaction? I should get my fee money back then. This feels like a scam. I'm trying to send money from metamask to binance using evodefi. I've never had any issues when I used BSC or Polygon to…
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Yes we exist. There are those of us that are in it for the wealth AND because we think the tech is badass.

So many self-righteous posts about how disappointed the OP is in the rest of us for being focused on making profits. Well, I may have only been in crypto for about a year now but I have loved every minute of learning/experiencing blockchain, liquidity pairing, DEX, software wallets, shitcoin YOLOs, etc. I also look forward…
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Network Hash increase

Looks like peeps are starting to move over on the mining side . Network shot to 9.498 TH/s , difficulty went way up as well, 126.488 kH/s submitted by /u/BoxCutt3r83 [link] [comments]