Crypto Mining Hardware Manufacturer Whatsminer Plans to Launch Public Offering in the US

Crypto Mining Hardware Manufacturer Whatsminer Plans to Launch Public Offering in the USOne of the world’s biggest bitcoin mining machine manufacturers is preparing to go public in the United States. China-based Whatsminer is reportedly looking to obtain additional funds to buy Samsung chips with the initial public offering (IPO). Whatsminer’s Revenue Could Hit $1 to $2 Billion in 2021 According to Chinese media outlets and Asian journalist […]

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GPU Manufacturer Nvidia Buys Chip Maker ARM for $40 Billion

GPU Manufacturer Nvidia Buys Chip Maker ARM for $40 BillionCalifornia-based Nvidia is buying British computer chip designer Arm Holdings from Softbank Group Corp. in a deal worth $40 billion. Nvidia, which specializes in making hardware for video game consoles and the crypto mining sector, said in a press release that it would pay Softbank a combination of cash and shares in the transaction. The […]

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Bitcoin Mining Manufacturer Canaan Files for Hong Kong Stock Exchange IPO

Bitcoin Mining Manufacturer Canaan Files for Hong Kong Stock Exchange IPOCanaan Creative Co. Ltd, the Chinese company behind the Avalon lineup of hardware equipment which produces ASIC mining chips and rigs, has officially submitted a listing application to Asia’s third-largest equities market – the Hong Kong stock exchange. Also Read: HTC to Launch Its Own Cryptocurrency-Focused Smartphone, Exodus $1 Billion IPO Canaan posted a preliminary prospectus […]

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Bitcoin Mining Manufacturer Canaan May Seek an IPO in Hong Kong or the US

Bitcoin Mining Manufacturer Canaan May Seek an IPO in Hong Kong or the USSecurities investors may be able to get more exposure to the bitcoin market soon as one of the leading mining producers, Canaan, is thinking about going public. Everyday people may soon be able to mine cryptocurrency right on their smart TVs, if the company has its way. Also Read: Stanford, Wharton and Georgetown Expand Bitcoin […]

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Physical Bitcoin Mining Hardware Store Bitmart Opens in South Africa

Physical Bitcoin Mining Hardware Store Bitmart Opens in South AfricaBitcoin might be magical internet money, but it has a very physical side in the form of the mining equipment needed to maintain the network. And if you’re someone that doesn’t like to leave an online trail or use a credit card for all your purchases, nothing beats a store IRL. That’s why bitcoin hardware […]

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Chip Giant TSMC Expects Strong Demand for Cryptocurrency Mining to Continue

Chip Giant TSMC Expects Strong Demand for Cryptocurrency Mining to ContinueThe world’s largest dedicated semiconductor foundry, TSMC, expects that the bitcoin mining industry will continue to grow this year, fueling an increased demand for its chips. Some analysts now see the cryptocurrency mining sector as offering the highest potential to cover for weak iPhone X sales for Apple’s primary chip supplier. Also Read: Austrian Bitcoin […]

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Chinese Bitcoin Mining Giant Bitmain Establishes Branch in Zug, Switzerland

Chinese Bitcoin Mining Giant Bitmain Establishes Branch in Zug, SwitzerlandFor centuries Switzerland was known around the world for its tradition of banking secrecy, but now a new financial industry is taking root in the country. Local leaders tried to establish a cryptocurrency hub, and their latest catch is Chinese bitcoin mining giant Bitmain, which expanded to a new location in the picturesque Swiss canton […]

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