On TSMC's earnings report for revenue by platform you can find categories like smartphone, high-performance computing, IoT and automotive, but nothing about crypto mining; BTC, ETH decline in Thursday trading. thesamreynods and JPRubin23 report
Fast forward to 2022 and TSMC is still skeptical about crypto’s long-term viability, especially when it’s also dealing with a period of high demand from other customers.
Given Taiwan and China’s tense political status, the Taiwanese government does not allow Chinese firms to establish research hubs to develop technology for export to China. Chinese firms are allowed to set up branch offices in Taiwan, but they need to be specifically registered with the government and are closely monitored.requires the company to attest
So it’s easy to see why TSMC doesn’t prioritize the crypto industry. The company bet big on crypto during the last bull run, and it was burned when the bear market started. Given the continued demand for semiconductors worldwide, there are also plenty of demand elsewhere.Bitcoin continued to bounce around the $40,000 price level this week, indicating uncertainty among market participants.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Central Bank of Portugal Grants Country’s First Crypto License to a BankThe Central Bank of Portugal, bancodeportugal, granted the country’s first license to a bank, Bison Bank, to operate as a virtual asset service provider. marinalammertyn reports
Weiterlesen »
Cowboys become first NFL team to enter crypto worldThe Dallas Cowboys made a historic move on Wednesday becoming the first NFL team to land a partnership in the world of alternative investments and cryptocurrencies.
Weiterlesen »
First Mover Asia: Crypto's Delicate Position in China, India; Bitcoin, Ether RiseIn recent months, China and India have created a new environment less nurturing for digital assets by tightening regulation. Their authoritarian-leaning governments do not appreciate crypto's decentralized nature. JPRubin23 reports
Weiterlesen »
Anthropologists are still wrestling with their obligations to the living and deadOne major journal develops a rough draft for handling human remains.
Weiterlesen »
Bitcoin Could Hit $100,000 Within a Year, Crypto Firm's CEO PredictsThere are still some headwinds for the crypto market as the global regulatory environment remains fragmented and the digital currency still remains volatile.
Weiterlesen »
Former Crypto Sceptic Larry Fink Says BlackRock is Studying Digital AssetsBlackRock's CEO Larry Fink stated his company is looking into digital currencies, stablecoins, and their underlying technologies.
Weiterlesen »