ASIC – Page 12 – DIGIT INFO

Bitmain Launches New T19 Bitcoin Miner After S17’s Troubled Launch

World-leading mining hardware producer Bitmain launched its new Antminer T19 Bitcoin Mining ASIC.

Canaan Narrows Q1 Loss to $5.6 Million Amid Weakening Demand for Mining Hardware

Canaan Narrows Q1 Loss to $5.6 Million Amid Weakening Demand for Mining Hardware Bitcoin mining rig manufacturer Canaan Creative reported a net loss of $5.6 million for the first quarter of 2020, down from $9.5 million a year earlier. The Chinese company cut prices of its ASIC-based machines by over 50% in an effort to improve sales, but that wasn’t enough to prevent the heavy loss. Demand slumped […]

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Bitcoin Mining Markets Heat Up: Ebang’s $41M Deficit, Bitmain’s Alleged 2020 Revenue

Bitcoin Mining Markets Heat Up: Ebang's $41M Deficit, Bitmain's Alleged 2020 Revenue The Chinese ASIC mining rig manufacturer Bitmain reportedly pulled in $300 million in revenue during Q1 2020. Meanwhile, as Bitmain claims to be regaining market share, the firm Ebang recently applied with the U.S. Securities and Exchange Commission (SEC) for initial public offering (IPO) status. However, the prospectus sent to SEC shows that while Ebang […]

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Mining Sector Sees Extreme Volatility Amid Coronavirus and Crash During Q1

TokenInsight reports that Q1 2020 saw significant hash rate volatility and some mining farms fell into negative performance.

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Miner Survivability Post-Halving: A Hash Rate Comparison

Poolin releases figures showing current hashrate distribution in the lower quartile to calculate miner capitulation after the halving of Bitcoin’s block subsidy.

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Chinese Kennel Owner Caught Stealing Electricity to Power Underground Bitcoin Mining Farm

Chinese Kennel Owner Caught Stealing Electricity to Power Underground Bitcoin Mining Farm The largest oil field in the People’s Republic of China has been a target for individuals and organizations attempting to mine bitcoins with free electricity. After a bunch of mining farm operators allegedly got caught last summer, a dog kennel owner was recently busted for running cable lines in order to siphon free electricity from […]

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Next-Generation Bitcoin Mining Hardware Arrives Just In Time For BTC Halving

MicroBT is looking to expand its further eat into Bitmain’s market share, recently revealing its next-generation 100 TH/s Bitcoin miners at a virtual launch event

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