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The electronics giant and largest corporation in South Korea, Samsung, is in the midst of creating 3-nanometer (3nm) semiconductors for a Chinese application-specific IC firm, sources have said. The new chip design has caused speculation among the crypto community that it’s possible Samsung may be creating application-specific integrated circuits (ASICs) for bitcoin miners. Sources Say […]Powered by WPeMatico
According to a recent update on Monero’s Github repository, the privacy-centric crypto network plans to hard fork in July, at block height 2,668,888. Monero is the largest privacy crypto asset in terms of market capitalization and during the last seven days, monero climbed 13.4% against the U.S. dollar. Monero Aims to Upgrade in July The […]Powered by WPeMatico
The company indicated that the device is designed, in part, for energy-efficient blockchain hashing.
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Last week the California-based technology company Intel explained its intentions to develop crypto mining semiconductors that would showcase “1000x better performance per watt.” Now Intel has revealed more details about the “Bonanza Mine” (BMZ1) blockchain accelerator chip at this year’s International Solid-State Circuits Conference (ISSCC). Intel’s Bonanza Mine Crypto Chip Products Introduced at ISSCC Information […]Powered by WPeMatico
The California-based technology company and the world’s largest semiconductor chip manufacturer by revenue, Intel, has revealed the company will “contribute to the development of blockchain technologies” by offering “energy-efficient accelerators.” Intel executive Raja M. Koduri explained that the company expects its circuit innovations will deliver “1000x better performance per watt” than today’s GPU or SHA256-based […]Powered by WPeMatico
On January 11, 2022, the Washington-based bitcoin mining operation Luxor announced the launch of a new application-specific integrated circuit (ASIC) trading desk. According to the company, Luxor’s new trading desk will give miners and investors access to bitcoin ASIC mining rigs “at a fair market price.” NYDIG-Backed Mining Operation Luxor Reveals ASIC Trading Desk Service […]Powered by WPeMatico
According to the 2018 Tesla Model 3 owner, Siraj Raval, he mined up to $800 a month in crypto assets with his hacked-out electric car. Similarly, Chris Allessi, the owner of a Tesla Model S tethered a Bitmain Antminer S9 to his car’s electrical system to mine bitcoin, and he’s mined monero with the car’s […]Powered by WPeMatico
Hardware manufacturer Canaan is expanding its crypto mining operations in Kazakhstan. The company is now cooperating with a number of mining firms there and has already deployed over 10,000 pieces of hardware despite the country’s challenges with electricity supply. Increased energy prices have also provoked protests that could potentially affect the industry. Canaan Secures Mining […]Powered by WPeMatico
The market for crypto mining equipment in Russia has seen strong interest from buyers of both new and used devices, retail data indicates. This year, demand for application-specific integrated circuit (ASIC) machines has multiplied exponentially while video cards have been in short supply leading to rising prices. Crypto Miners in Russia Looking to Increase Computing […]Powered by WPeMatico
The application-specific integrated circuit (ASIC) bitcoin mining rig manufacturer Canaan has announced the company has secured a follow-on contract from Genesis Digital Assets for 30,000 mining machines. The sale is part of an agreement between Canaan and Genesis that gives the mining operation the option to purchase up to 180,000 ASIC bitcoin mining rigs. Canaan […]Powered by WPeMatico