Semiconductor – DIGIT INFO

Bitcoin Miner Bitdeer Expands With Acquisition of ASIC Designer Desiweminer

DIGIT — Thu, 06 Jun 2024 15:46:00 +0000

Bitdeer Technologies Group announced its acquisition of Desiweminer, a noted player in the crypto ASIC design landscape. The agreement, finalized on June 3, 2024, involves the exchange of 20 million Bitdeer shares and introduces stringent transfer restrictions, with a vesting period extending up to seven years. Bitdeer and Desiweminer Join Forces in Multimillion-Share Acquisition Deal […]

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Chip Giant Intel Abandons Bitcoin ASIC Production

DIGIT — Wed, 19 Apr 2023 10:00:34 +0000

After announcing the production of bitcoin application-specific integrated circuits (ASICs), Intel, the world’s largest semiconductor chip manufacturer by revenue, appears to be abandoning its blockchain chip production. On Tuesday, a spokesperson for the chip manufacturer explained that Intel has “end-of-lifed the Intel Blockscale 1000 Series ASIC.” Intel Spokesperson Discloses Company Has End-of-Lifed the Blockscale 1000 […]

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Bitcoin Miner Hive to Purchase Intel Mining Chips, Firm Reveals a 100 MW Deployment Deal in Texas

DIGIT — Wed, 09 Mar 2022 09:30:30 +0000

On March 7, the publicly-listed mining firm Hive Blockchain Technologies announced the company inked a deal with Intel to purchase new ASIC mining chips. Additionally, Hive has formed an agreement with an original design manufacturer (ODM) and a non-binding letter of intent with Compute North. Hive said the company plans to deploy 100 MW of […]

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A New Semiconductor Manufacturing Competitor Has Entered the ASIC Bitcoin Mining Rig Industry

DIGIT — Mon, 08 Nov 2021 17:30:48 +0000

While companies like Microbt, Bitmain, Innosilicon, Strongu, Ebang, and Canaan have ruled the roost in terms of manufacturing application-specific integrated circuit (ASIC) bitcoin miners, a new challenger has entered the competition. A relatively unknown integrated technology firm called AGM Group Holdings has seen a lot of ASIC sales and partnerships in recent times. A Relatively […]

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Chipmaking Giant Samsung Reveals 3nm Semiconductor Prototype

DIGIT — Mon, 06 Jan 2020 19:00:21 +0000

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 […]

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Bitmain Announces New 7nm Bitcoin Mining Chip With 29% More Efficiency

DIGIT — Mon, 18 Feb 2019 18:01:42 +0000

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 […]

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Weak Demand for Mining Hardware Impacts TSMC’s Growth Outlook

DIGIT — Sat, 20 Oct 2018 17:05:07 +0000

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: […]

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Mining Hardware Supply Chain Seeks Alternative Revenue Streams Amid Declining Demand

DIGIT — Fri, 15 Jun 2018 04:49:01 +0000

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 […]

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Taiwan Mining Chip Manufacturer Sees Record Sales Amid BTC Bounce

DIGIT — Sat, 21 Apr 2018 03:53:01 +0000

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 […]

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Cryptocurrencies Are Pushing Semiconductor Innovation and Profits

DIGIT — Tue, 06 Feb 2018 00:57:34 +0000

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 […]

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