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Category: Semiconductor
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Bitcoin Miner Hive to Purchase Intel Mining Chips, Firm Reveals a 100 MW Deployment Deal in Texas
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A New Semiconductor Manufacturing Competitor Has Entered the ASIC Bitcoin Mining Rig Industry
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Chipmaking Giant Samsung Reveals 3nm Semiconductor Prototype
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 […]
The post Chipmaking Giant Samsung Reveals 3nm Semiconductor Prototype appeared first on Bitcoin News.
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Bitmain Announces New 7nm Bitcoin Mining Chip With 29% More Efficiency
On Feb. 18, mining rig manufacturing giant Bitmain Technologies announced its next-generation 7nm ASIC chip for mining SHA-256 cryptocurrencies like BTC and BCH. According to Bitmain, the mining chip, called the BM1397, is more efficient when mining proof of work (PoW) coins and the new chips will be installed in the latest Antminer series of […]
The post Bitmain Announces New 7nm Bitcoin Mining Chip With 29% More Efficiency appeared first on Bitcoin News.
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Weak Demand for Mining Hardware Impacts TSMC’s Growth Outlook
During a recent Q3 earnings call, the world’s largest producer of semiconductors, Taiwan Semiconductor Manufacturing Company (TSMC), forecasted weakening growth for the rest of 2018 due to declining demand for cryptocurrency mining hardware. This outlook comes despite anticipating a significant increase in demand for its 7-nanometer processing chips from the high-end smartphone industry. Also Read: […]
The post Weak Demand for Mining Hardware Impacts TSMC’s Growth Outlook appeared first on Bitcoin News.
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Mining Hardware Supply Chain Seeks Alternative Revenue Streams Amid Declining Demand
With demand for cryptocurrency mining hardware having sharply declined following the onslaught of 2018’s bear market, reports are indicating the companies operating in the supply chain behind mining hardware are increasingly seeking alternative revenue streams to offset falling demand from the mining industry. Also Read: SEC Executive: ‘Cryptocurrencies with Decentralized Structures Not Securities’ Cryptocurrency Bubble Pops […]
The post Mining Hardware Supply Chain Seeks Alternative Revenue Streams Amid Declining Demand appeared first on Bitcoin News.
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Taiwan Mining Chip Manufacturer Sees Record Sales Amid BTC Bounce
The world’s largest independent semiconductor manufacturer, Taiwan Semiconductor Manufacturing Company (TSMC) has reported record sales during March 2018. TSMC’s president has attributed the company’s performance in part to demand for the hardware required to mine cryptocurrencies. Also Read: Bitcoin Cash Smashes Through $1,000 USD World’s Largest Semiconductor Manufacturer Reports Record Sales During a recent shareholder conference […]
The post Taiwan Mining Chip Manufacturer Sees Record Sales Amid BTC Bounce appeared first on Bitcoin News.
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Cryptocurrencies Are Pushing Semiconductor Innovation and Profits
Bitcoin and cryptocurrency mining has become a growing industry, and mining operations continue to compete by making faster chips and purchasing large quantities of land to host data facilities all over the world. Data recorded from around the globe shows the mining economy is booming and the venture has become very profitable for many mining […]
The post Cryptocurrencies Are Pushing Semiconductor Innovation and Profits appeared first on Bitcoin News.
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Japan’s GMO Internet Develops 12 NM Mining Chips
Major internet technology manufacturer and recent entrant into virtual currency mining hardware industry, GMO Internet Inc, has announced it has successfully developed a 12 nanometer (NM) Fin FET Compact (FFC) semiconductor chip for its next-generation of cryptocurrency miners. The company has described the innovation as a significant step “towards realizing a […] 7 NM process […]
The post Japan’s GMO Internet Develops 12 NM Mining Chips appeared first on Bitcoin News.
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