Bitcoin Hashrate Ramps to 130 Exahash Amid Next-Generation Miner Shortage

Regional reports from China have highlighted that a number of major Chinese ASIC mining rig manufacturers have sold out of their next-generation model stock. The shrinking supply of high-performance machines may be due to the shortage of 7nm and 8nm chips from TSMC and Samsung. Bitcoin miners are finding it difficult to obtain next-generation application-specific […]

The post Bitcoin Hashrate Ramps to 130 Exahash Amid Next-Generation Miner Shortage appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Chipmaking Giant Samsung Reveals 3nm Semiconductor Prototype

Chipmaking Giant Samsung Reveals a 3nm Semiconductor PrototypeIn mid-December, Intel revealed that the company expects to design 2nm and 1.4 nm semiconductors by 2029. During the same timeframe, regional sources reported Canaan and Bitmain will reveal new mining rigs this year equipped with TSMC-based 5nm chips. Now, competition is growing stronger as Samsung has disclosed that the chipmaker succeeded in creating the […]

The post Chipmaking Giant Samsung Reveals 3nm Semiconductor Prototype appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

2019’s Bitcoin Miners Are 5x Faster Than Predecessors

Data Shows 2019's Bitcoin Miners 5x Faster Than PredecessorsHigh-powered bitcoin miners and next-generation semiconductors go hand in hand and as process node technology grows, SHA256 hashrate follows. Coinshares’ recent bi-annual mining report highlights that newly introduced mining rigs have “as much as 5x the hashrate per unit as their generational predecessors.” Advanced chip technology has grown relentlessly and it’s significantly bolstered ASIC device […]

The post 2019’s Bitcoin Miners Are 5x Faster Than Predecessors appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Mining Giant Bitmain Confidentially Files for U.S.-Based IPO

Mining Giant Bitmain Confidentially Files for U.S.-Based IPOAccording to reports, bitcoin mining manufacturer Bitmain Technologies confidentially filed for a U.S.-based initial public offering (IPO) with the Securities and Exchange Commission. The news follows the alleged removal of cofounder and executive director Micree Zhan and the recent announcement of a facility in Texas with the capacity to house 300MW of hashpower. Also read: […]

The post Mining Giant Bitmain Confidentially Files for U.S.-Based IPO appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Bitmain’s New Antminer Specs Show Devices Process Over 50 Terahash

Bitmain's New Antminer Specs Show Devices Process Over 50 TerahashOn April 8, the Chinese mining rig manufacturer Bitmain Technologies unveiled the specifications for the company’s latest Antminer 17 series. The firm claims the three new bitcoin miners command a hashrate of over 50 trillion hashes per second (TH/s) which outpaces nearly all top machines today. Also read: Uyen T Nguyen: The Powerful Young Woman […]

The post Bitmain’s New Antminer Specs Show Devices Process Over 50 Terahash appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Bitmain Announces New 7nm Bitcoin Mining Chip With 29% More Efficiency

Bitmain Announces New 7nm Bitcoin Mining Chip With 28.6% More EfficiencyOn Feb. 18, mining rig manufacturing giant Bitmain Technologies announced its next-generation 7nm ASIC chip for mining SHA-256 cryptocurrencies like BTC and BCH. According to Bitmain, the mining chip, called the BM1397, is more efficient when mining proof of work (PoW) coins and the new chips will be installed in the latest Antminer series of […]

The post Bitmain Announces New 7nm Bitcoin Mining Chip With 29% More Efficiency appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Japan’s GMO Quits Manufacturing and Selling Mining Machines

Japan's GMO Quits Manufacturing and Selling Mining MachinesJapanese internet giant GMO has announced that it will no longer develop, manufacture, and sell cryptocurrency mining machines. The company will, however, continue to mine in-house but will relocate its mining center to a region with cleaner and less expensive energy. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations Exiting the […]

The post Japan’s GMO Quits Manufacturing and Selling Mining Machines appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Samsung Begins 7nm Chip Production, Easing Miner Demand for Improved Semiconductors

While Miners Increase Semiconductor Demand, Samsung Reveals 7nm Chip ProductionAfter delivering 10nm semiconductor technology, the electronics giant Samsung has announced the firm’s foundry has started production of its EUV-based 7nm LPP process. Lately, Bitcoin mining rig manufacturers have added more pressure to the significant global demand for high-performance chips. At the moment there are only a couple of foundries producing them. Also Read: Bitmain Offers […]

The post Samsung Begins 7nm Chip Production, Easing Miner Demand for Improved Semiconductors appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Squire Mining Discloses Next-Generation ASIC Chips Will Be Made by Samsung

Squire Mining Discloses Next-Generation ASIC Chips Will Be Made by SamsungThis week the firm Squire Mining, a company that plans to offer next-generation 10nm ASIC chips, has revealed it is working with Samsung Electronics as its foundry partner. With help from Samsung’s foundry, Squire, and a company called Gaonchips, plan to complete its ASIC chip FPGA prototype by September 30, 2018. Also read: Ebang Announces 44 […]

The post Squire Mining Discloses Next-Generation ASIC Chips Will Be Made by Samsung appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Ebang Announces 44 Terahash E-11 Miners With 10nm Chips

Ebang Announces 44 Terahash E-11 Miners With 10nm ChipsThe China-based Ebang Communication, one of the largest ASIC mining chip makers in the region has announced a new series of mining rigs this week at the World Digital Mining Summit in Tbilisi, Georgia. Ebang has revealed three new bitcoin mining rigs for its Ebit Miner E-11 series that claims to boast hashrate speeds between […]

The post Ebang Announces 44 Terahash E-11 Miners With 10nm Chips appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico