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Last Thursday the China-based mining rig manufacturer Bitmain announced the launch of two new Antminers that offer hashrates between 53 to 64 terahash per second (TH/s). When the Antminer sale started on Monday, first batch devices sold extremely fast and Bitmain expects to deliver units by mid-November. Meanwhile, the combined SHA256 hashrate (BCH and BTC) […]
The post Bitmain Launches Next Gen Miner as Bitcoin Hashrate Touches 100 Exahash appeared first on Bitcoin News.
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Bitmain has dominated ASIC manufacturing since it was founded in 2013. One man has been at the forefront of this domination, leading the company into the giant that it is today; Jihan Wu. However, it may not be so for much longer, with a Chinese publication revealing that a recent reshuffle has demoted the renowned […]
The post Jihan Wu Loses Control of Bitmain as IPO Documents Indicate Profit Figures Were Hyped appeared first on NullTX.
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Chinese bitcoin mining giant Bitmain has revealed the total hashrate of all its cryptocurrency mining hardware. This was done as part of a larger push towards greater business transparency by the company ahead of its rumored massive IPO. Also Read: The Daily: Exchange Operator Pleads Guilty, Scammer Fined Over $1.9 Million Bitmain Transparency Policy Bitmain […]
The post Bitmain Reveals the Total Hashrate of Its Cryptocurrency Mining Hardware appeared first on Bitcoin News.
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Following such places as Quebec and New York, the latest location in North America to attract large Bitcoin mining operations with a cheap supply of electricity is Colorado Springs. A miner has paid $13 million to convert an abandoned Intel chip manufacturing complex into an industrial mining farm. Also Read: Silicon Valley Whales Buy […]
The post Abandoned Intel Manufacturing Complex Bought for $13M to Mine Bitcoin appeared first on Bitcoin News.
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It’s coming close to a decade since the creation of the bitcoin network and the cryptocurrency ecosystem. The protocol has produced a great deal of users, infrastructure, businesses and influential parties like developers and miners. Since the beginning of bitcoin’s mining history, individuals mined lots of coins with central processing units (aka home computers). Later, […]
The post Our Love and Hate Relationship with Bitcoin Miners appeared first on Bitcoin News.
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