Bookmarking Crypto Insights
Auto Added by WPeMatico
In mid-December, Intel revealed that the company expects to design 2nm and 1.4 nm semiconductors by 2029. During the same timeframe, regional sources reported Canaan and Bitmain will reveal new mining rigs this year equipped with TSMC-based 5nm chips. Now, competition is growing stronger as Samsung has disclosed that the chipmaker succeeded in creating the … Read more
Bitmain’s co-founder and biggest shareholder claims he is “firmly opposed to layoffs” at the firm after being ousted by current CEO Jihan Wu Go to Source Powered by WPeMatico
In this first 2020 week’s Hodler’s Digest, why the European Central Bank wants its digital currency to have “unattractive interest rates,” and why millennials should thank Boomers Go to Source Powered by WPeMatico
Forced out Bitmain co-founder Micree Zhan Ketuan has initiated a legal case to regain his position Go to Source Powered by WPeMatico
Cryptocurrency mining giant Bitmain is reportedly working to reduce its workforce by another 50 percent pending the BTC halving Go to Source Powered by WPeMatico
Two of the largest bitcoin mining chip manufacturers have plans to equip their products with 5nm chips in the near future. Just recently, China-based manufacturer Bitmain purportedly produced the world’s first 5nm test-grade bitcoin mining chip and more efficient mining rigs will see mass production next year. The firm Canaan also recently announced that the … Read more
The Shenzhen Bao’An District Court in China has frozen $676,000 in assets of a Bitmain subsidiary Go to Source Powered by WPeMatico
A former leading chip designer at Bitmain has reportedly been arrested on suspicion of alleged embezzlement Go to Source Powered by WPeMatico
High-powered bitcoin miners and next-generation semiconductors go hand in hand and as process node technology grows, SHA256 hashrate follows. Coinshares’ recent bi-annual mining report highlights that newly introduced mining rigs have “as much as 5x the hashrate per unit as their generational predecessors.” Advanced chip technology has grown relentlessly and it’s significantly bolstered ASIC device … Read more
Bitcoin mining giant Canaan Creative’s shares have seen a 40 percent drop in value since its IPO Go to Source Powered by WPeMatico