Several Georgian financiers have voiced a heavy critique of bitcoin and of those who invest in it, including the Co-Investment fund, created by Bidzina Ivanishvili, a prominent Georgian entrepreneur and the country’s former Prime Minister.
BitFury announced a new bitcoin mining chip, raising energy efficiency threefold. Meanwhile, a new bitcoin miner designed by Bitmain is, according to the company, two times more energy efficient compared to the previous one.
Australian bitcoin mining company Bitcoin Group announced the issue of 100 million new shares which it will trade on the Australian Securities Exchange (ASX). The beginning of trades is scheduled for November 11.