News Update: 02/06/20

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                1.Coinbase Expands Support for Tezos Staking to the UK and 3 Other European Nations

                2.Bitmain Adds Antminer T19 to Its Top ASIC Lineup


1.Coinbase Expands Support for Tezos Staking to the UK and 3 Other European Nations

US-based cryptocurrency exchange Coinbase has launched  the  Tezos staking rewards  for Its US customers . It allows customers from the UK, Spain, France, and the Netherlands to get Tezos (XTZ) staking rewards. The announcement is published  via coinbase official blog post .


Coinbase first launched its Tezos staking service in the U.S. a year ago in November 2019. Coinbase now asserts that its customers have earned $2 million in crypto rewards since then. The crypto exchange additionally referenced that crypto staking is  another worthwhile  option to traditional investments like bonds and equities.


Coinbase Expands Support for Tezos Staking to the UK and 3 Other European Nations


The official press release states:

With today’s launch, Coinbase is offering an easy, secure way for UK and certain EU customers to actively participate in the Tezos network. While it’s possible to stake Tezos on your own or via a delegated staking service, it can be confusing, complicated, and even risky with regard to the security of your staked Tezos. We’re changing that with staking rewards on Coinbase.

With Coinbase staking rewards:

  • You can start earning rewards on your crypto. The current evaluated yearly profit for Tezos staking on Coinbase is ~5%. You’ll see your pending rewards increase in real-time in the app, and once your underlying holding period completes (35–40 days), you’ll receive rewards in your account every 3 days.
  • You will consistently  maintain control. Your Tezos consistently remains in your account; you simply earn rewards while keeping your crypto securely on Coinbase. You can quit whenever you need.


To begin, simply buy Tezos on Coinbase or send Tezos to your Coinbase account from an external wallet, and you’ll begin earning rewards immediately.


Coinbase launched staking services for Cosmos (ATOM) and Algorand (ALGO) tokens last week. Several firms are now offering staking services, including exchanges, venture firms and custodians.


 2.Bitmain Adds Antminer T19 to Its Top ASIC Lineup

Bitmain, the Main Bitcoin miner manufacturer, has declared the launch of a new ASIC miner under its next-generation Antminer 19 series. The Antminer T19 is the third Antminer model in the latest generation of Bitmain’s ASIC-based miners. The announcement is published via official Bitmain blog post on June 01, 2020.


The Antminer T19 uses  “the same generation of uniquely assembled chips found in the Antminer S19 and S19 Pro”, along these lines  which implies it exceptionally appropriate for mining crypto assets such as Bitcoin (BTC), Bitcoin Cash (BCH), and Bitcoin SV (BSV) that use the SHA-256 hashing algorithm.


Bitmain Adds Antminer T19 to Its Top ASIC Lineup


Comparing with the previous Antminer T17, the T19 incredibly improves performance, allowing miners to achieve better proficiency and earnings. The T19 also utilizes the new APW12 power supply and overhauled firmware, which offers quicker beginning up speeds for an improved mining experience.


Here are a couple of different specs:

  • Hash rate: 84 TH/s +/- 3%
  • Electric Power Required: 3150W +/- 5%
  • Power supply AC input voltage: 200V-240V


Miners can expect the latest technologies found in the new model which costs  is $1749.00 and start selling on the official website on 01 June 2020, 11:00 (GMT+8) with a shipping date from June 21-30, 2020.


About Bitmain Technology

Bitmain Technology Holding Company (“Bitmain”) is a worldwide semiconductor company with  IC design abilities. Bitmain offers products, including chips, servers, and cloud solutions, for blockchain and artificial intelligence (AI) applications.


Bitmain  was Founded in 2013 and headquartered in Haidian District, Beijing, Bitmain has research and development centers in Hong Kong, Singapore, and United States

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