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The wealth of bitcoin mining titan Bitmain has long been assumed to be north of “huge”. Thanks to its near-monopolization of the ASIC manufacturing business, Bitmain has effectively had a license to print money. This week, Bernstein analysts released a report into Bitmain’s operations. It estimates the Chinese firm to have made $3-$4 billion last […]
The post Bitcoin Hardware Manufacturer Bitmain Made a Profit of up to $4 Billion Last Year appeared first on Bitcoin News.
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The U.S. Federal Communications Commission (FCC) has demanded that a New York City resident turn off his bitcoin mining hardware after it was discovered that his Antminer S5 was interfering with a broadband network operated by T-Mobile. According to the FCC, the mining rig was “generating spurious emissions” and “causing harmful interference” on “frequencies assigned […]
The post Antminer S5 Disrupts T-Mobile Broadband Network appeared first on Bitcoin News.
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Bitcoin 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 […]
The post Physical Bitcoin Mining Hardware Store Bitmart Opens in South Africa appeared first on Bitcoin News.
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Obelisk has threatened to trigger a soft fork that would invalidate Bitmain’s new Antminer A3 miner for Siacoin – which was launched this week. #MINING
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