GSR and Interhash to Create Hedging Solutions for Bitcoin Miners
Hedging products for Canaan mining network becoming available in Jan, 2020 Go to Source Powered by WPeMatico
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2019’s Bitcoin Miners Are 5x Faster Than Predecessors
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 Miner Canaan’s Shares Plunge 40% Since IPO in November
Bitcoin mining giant Canaan Creative’s shares have seen a 40 percent drop in value since its IPO Go to Source Powered by WPeMatico
Mining Report Shows 65% of Bitcoin’s Hashpower Stems From China
As the end of 2019 approaches, Coinshares Research has published its bi-annual mining report that contains informative research and observations about the bitcoin mining industry. Since Coinshare’s last report published in June, BTC’s hashrate grew by 50 exahash per second (EH/s) and the firm believes a decent portion of the power stems from China. Also … Read more
Study: China’s BTC Miners Control 66% of Global Hash Rate
Chinese share of global hash rate hits a new record of 66% since 2017, a new study says Go to Source Powered by WPeMatico
Mining Chip Maker Ebang Next in Line to File for US IPO
Ebang, the ASIC chip and mining rig manufacturer based in Hangzhou, China is allegedly filing for an initial public offering (IPO) in the U.S. following Canaan’s recent Nasdaq listing and Bitmain’s secret IPO filing. The world’s third-largest bitcoin mining hardware manufacturer plans to follow Canaan’s footsteps with an attempt to be listed on the American … Read more
Mining Giant Bitmain Confidentially Files for U.S.-Based IPO
According to reports, bitcoin mining manufacturer Bitmain Technologies confidentially filed for a U.S.-based initial public offering (IPO) with the Securities and Exchange Commission. The news follows the alleged removal of cofounder and executive director Micree Zhan and the recent announcement of a facility in Texas with the capacity to house 300MW of hashpower. Also read: … Read more
4 New High-Powered Bitcoin Miners Revealed
Bitmain Technologies and Canaan Creative have announced new mining rigs that process roughly 58-73 terahash per second (TH/s). Sources also reveal that Canaan’s initial public offering (IPO) could be listed in the U.S. next month. Also Read: Mining Firm Canaan Creative Secures Hundreds of Millions of Dollars in Funding Bitmain and Canaan Introduce Bitcoin Miners … Read more
Despite Lower Prices, Bitcoin’s Hashrate Remains Strong
People watching cryptocurrency markets have been patiently waiting for prices to rise and the overall sentiment to change. However, one thing that’s been extremely bullish these days is how BTC’s hashrate has doubled in the last three months. Even with today’s sluggish crypto prices, the SHA-256 hashrate has remained unscathed and continues to show persistent … Read more
Crypto Spring Brings Strong Profits to Next-Generation and Older Mining Rigs
Over the last few weeks, cryptocurrency markets have been on a tear accumulating considerable gains following the notorious ‘crypto winter.’ Since the recent price hike this spring, mining digital assets with next-generation miners has allowed participants to secure significant gains and even older mining devices are turning a profit. Also read: Bitcoin Cash Protocol Successfully … Read more