Friday , November 29 2024

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Miners invest in computers for new cryptocurrency

Investors are spending hundreds of millions of dong (VND100 million = $4,400) on computers and network systems to mine a new cryptocurrency called Pi. “People said on Facebook that running [software] Pi Node on computers can earn more than mining Pi on smartphones,” Nguyen Son, a crypto miner in Binh …

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Vietnam to gain extra submarine internet cable

Military-run telecommunications company Viettel Group announced Tuesday that the international Asia Direct Cable it invested in had reached Vietnam. Costing $290 million, the Asia Direct Cable (ADC) stretches 9,800 kilometers, has a total capacity of more than 140 Terabitsper second (Tbps). It is said to be the fiber optic cable …

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