Bitmain Announces Energy-Efficient ASIC Chip for Mining Bitcoin and Bitcoin Cash
Chinese mining giant Bitmain has announced its new 7nm ASIC chip, which reportedly enables faster and cheaper mining of BTC and BCH Go to Source Powered by WPeMatico
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Chinese Miners Flock to Sichuan for Cheap Electricity During the Wet Season
Over the last two months, the hashrate between the Bitcoin Cash (BCH) and Bitcoin Core (BTC) networks has increased significantly since hitting a low on December 15, 2018. Numerous reports detail that many Chinese miners who control a large portion of SHA-256 hashrate have been recently setting up shop in Sichuan. During the wet season … Read more
New Report Highlights Increasing Decentralization of Bitcoin Mining
New data shows that Bitcoin mining has hugely decentralized since 2014 Go to Source Powered by WPeMatico
New Malware Attacks Hold ASIC Miners to Ransom
According to reports from cybersecurity researchers, there’s a new ransomware virus on the loose that’s targeting bitcoin miners. A file locking program called H-Ant has allegedly infected certain Antminer models in China and if the ransom is not paid the software aims to destroy the infected machine. Also Read: Money Transmitter License Not Required for Crypto … Read more
Hong Kong Stock Exchange Head Hints at Incompatibility of Bitmain IPO
Fresh comment from regulators suggests chances of Bitmain succeeding in holding an IPO in Hong Kong now slimmer Go to Source Powered by WPeMatico
The Daily: Bitmain Reflects on 2018, Memo Releases Mobile App
In today’s edition of The Daily, we cover a reflection on the passing year by the cryptocurrency mining technology giant Bitmain, a mobile app released by social network Memo and new turnover figures from a Bitcoin ATM network in Australia. Also Read: South Africa Wants to Mandate Registration of Crypto Services Bitmain Reflects on 2018 … Read more
Chip Making Giant TSMC Reports Significant Drop in Crypto Mining Revenue
Bitmain’s ASIC manufacturer TSMC reports a sizeable drop in its crypto mining-related revenue in 2018 Go to Source Powered by WPeMatico
Bitmain Exits Amsterdam Citing Focus on Long-Term Scalable Business Strategy
Bitmain’s Amsterdam offices are next to go as part of a downsizing operation Go to Source Powered by WPeMatico
Bitmain Pauses Texas Mining Operations, County Officials Report
According to reports from media outlet Texas Public Radio, the Chinese mining giant Bitmain Technologies has reportedly suspended operations in the town of Rockdale. Bitmain started to build up its new facility at a former aluminum smelting factory last summer, but since the crypto economy downturn, the company’s operations at the Texas factory have allegedly paused. … Read more
Mining Giant Bitmain Reportedly Suspends Mining Operations in Texas
Bitmain, a China-based leading mining and mining ASIC hardware producer, has reportedly suspended its mining operations in Rockdale Go to Source Powered by WPeMatico