Category: asic miner
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While Bitcoin’s Hashrate Grew by 22,900% in 6 Years, Discovering Block Rewards Is Far More Difficult
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Compass Mining loses facility after allegedly failing to pay power bill
The facility owner Dynamics Mining publicly took to Twitter to share the letter terminating its hosting agreement with Compass Mining, saying it had unpaid bills.
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Coinmint to Invest up to $700 Million in New York Mining Center
Coinmint has announced it commenced operations at its newest crypto mining facility in New York. Operated via its wholly owned subsidiary, North Country Data Center Corporation, it is already mining several cryptocurrencies including bitcoin, dash and ether. Also Read: Police Forces Bust Alleged “New Age Cryptocurrency” Scam in India Mining Operations Come Online Located at a […]
The post Coinmint to Invest up to $700 Million in New York Mining Center appeared first on Bitcoin News.
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Bitcoin Mining Manufacturer Canaan Files for Hong Kong Stock Exchange IPO
Canaan 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 […]
The post Bitcoin Mining Manufacturer Canaan Files for Hong Kong Stock Exchange IPO appeared first on Bitcoin News.
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Bitcoin in Brief Friday: China Mulls Blockchain Standard, Zcash Fights Chinese ASICs
In today’s Bitcoin in Brief we are covering a number of stories related to China. According to statements by Chinese officials, the People’s Republic is developing a national standard for blockchain technologies, which should be introduced next year. Also, the Zcash Foundation is taking steps to protect the network of the privacy coin from ASIC-based […]
The post Bitcoin in Brief Friday: China Mulls Blockchain Standard, Zcash Fights Chinese ASICs appeared first on Bitcoin News.
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New York Wants a Piece of the Ever Growing Bitcoin Mining Pie
Watch out Canada! New York wants a piece of the bitcoin mining market, securing for its residents revenues and jobs that come along with the electricity intensive process. Bitcoin mining might even help revive local economies that once relied on polluting industries. Also Read: Senate of Nigeria Launches Probe of Bitcoin Trading in the Country […]
The post New York Wants a Piece of the Ever Growing Bitcoin Mining Pie appeared first on Bitcoin News.
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Samsung Enters the Bitcoin Mining ASIC Manufacturing Business
Korean electronics giant Samsung is the latest chip manufacturer to enter the bitcoin mining hardware market. The company’s foundry has reportedly already began producing ASIC chips for a Chinese client earlier this month. Also Read: Vegetables on a Blockchain ICO Exit Scams After Paying People to Write On Their Bodies Samsung Bitcoin Chips Samsung Electronics […]
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Japan’s GMO Internet Develops 12 NM Mining Chips
Major internet technology manufacturer and recent entrant into virtual currency mining hardware industry, GMO Internet Inc, has announced it has successfully developed a 12 nanometer (NM) Fin FET Compact (FFC) semiconductor chip for its next-generation of cryptocurrency miners. The company has described the innovation as a significant step “towards realizing a […] 7 NM process […]
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