There are rumors on the internet that Bitmain is working on yet another cryptocurrency mining hardware unit. While that in itself is not spectacular by any means – especially because it is the company’s business model – this latest venture would focus on Ethereum ASIC mining. Although it remains to be seen if there is any truth to these rumors, the prospect of an Ethereum ASIC mining unit is quite interesting, for obvious reasons. An ASIC Miner for Ethereum Makes no Sense While some people have speculated that Bitmain is working on a new ASIC mining device for Ethereum, there’s no real evidencePowered by WPeMatico
Japanese entertainment giant DMM has launched its “large-scale Japan-quality” mining farm, with a plan to deploy more farms overseas. DMM is also launching a showroom, allowing the public to tour its mining farm, as well as a mining pool. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies DMM’s Mining Farm in Japan […]
Bitcoin and cryptocurrency mining has become a growing industry, and mining operations continue to compete by making faster chips and purchasing large quantities of land to host data facilities all over the world. Data recorded from around the globe shows the mining economy is booming and the venture has become very profitable for many mining […]
The future for manufacturers of bitcoin mining hardware in China appears bright despite reports that the Chinese central government will seek to rein in the power consumption of mining companies operating within its borders. Hong Kong-based media outlet, South China Morning Post, has reported that there is considerable international demand for Chinese mining hardware internationally […]
Multiple Sia community members were concerned about Bitmain’s new ASIC miner. The company suddenly announced the A3, which is designed specifically for mining Siacoin. There were some brief discussions about possibly introducing a Sia fork which would disallow the ASIC hardware from impacting the network. It seems those plans have now been dismissed and nothing will happen to prevent the use of ASIC miners on the network. No Sia Fork to Prevent ASIC Mining It is evident the introduction of ASIC mining hardware specifically for Sia would have some interesting consequences. After all, these machines are a lot more powerful
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 […]
Japanese e-commerce and internet conglomerate DMM Group is creating a specialty lab for cryptocurrency mining. The company has also unveiled additional plans for its mining operations. Also read: Russian Cryptocurrency Bill Is Ready – Regulators Share Details DMM Launching Mining Lab DMM Group, the operator of popular e-commerce site DMM.com with 27 million members, announced on […]