AsicBoost Dominates Bitcoin Mining, Solving Bitmain’s 2017 Controversy
The 2017 AsicBoost controversy has now become irrelevant as it gains adoption Go to Source Powered by WPeMatico
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Bitmain Co-Founder Launches Another Lawsuit to Regain CEO Role
Bitmain co-founder Micree Ketuan Zhan initiated a lawsuit against a subsidiary of the firm in an attempt to regain his position as the company’s CEO Go to Source Powered by WPeMatico
Bitcoin Mining Rig Manufacturer Canaan Sued – Accused of Misleading IPO Investors
Bitcoin mining rig manufacturer Canaan Inc. is being sued for allegedly breaking U.S. securities laws before its initial public offering (IPO). Phillippe Lemieux, a Canaan investor, filed a class-action lawsuit that claims the company violated the Securities Act of 1933. Lemieux believes Canaan misled investors and the Securities and Exchange Commission (SEC) in regards to … Read more
Analyst Claims 98% of Mining Rigs Fail to Verify Transactions
Digiconomist’s founder has claimed the power expended in a single BTC transaction could power a British household for two months. Go to Source Powered by WPeMatico
Peter Thiel-Backed Startup Says Texas Is the Best Place to Mine Bitcoin
Layer1 is not the only mining company to launch flagship facilities in Texas, with Bitmain and Northern Bitcoin vying for their Texas-based operations to be the largest worldwide Go to Source Powered by WPeMatico
Bitmain Unveils 2 Bitcoin Miners With Max Speeds Up to 110TH/s Per Unit
On Thursday, the China-based mining rig manufacturer Bitmain announced the launch of two new Antminer S19 series models that process between 95 to 110 trillion hashes per second (TH/s). The Antminer S19 Pro model with 110TH/s and 29 joules per terahash (J/TH) is 24 trillion hashes per second faster than Microbt’s latest Whatsminer M30S model … Read more
Ahead of Bitcoin Halving, Bitmain Announces Upcoming Antiminer S19
As the Bitcoin halving looms, Bitmain releases a new Antminer that will generate 95 terahash per second Go to Source Powered by WPeMatico
Bitcoin Rich: 6 Crypto Entrepreneurs Make the 2020 Hurun Billionaire List
On Wednesday, the “Hurun Global Rich List,” a ranking of the wealthiest individuals, published its 2020 report that notes the world saw 346 new billionaires last year. This year’s list also includes six blockchain entrepreneurs who made the Hurun Global Rich List through cryptocurrency investments. Also read: Warren Buffett Slates Bitcoin, Denies Owning Crypto Gifted … Read more
Binance’s CZ Overtakes Bitmain Co-Founder in New Hurun Rich List
Binance CEO Changpeng Zhao overtook Bitmain’s ousted co-founder Micree Zhan Ketuan in the latest Hurun Global Rich List Go to Source Powered by WPeMatico
Bitmain’s Antminer E3 Will Allegedly Stop Ethereum Mining in 1 Month: Report
Bitmain’s Antminer E3 will allegedly stop mining Ethereum in April 2020, altcoin mining pool 2Miners reports Go to Source Powered by WPeMatico