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3232Chip Giant Intel Abandons Bitcoin ASIC Production
https://www.digit.info/chip-giant-intel-abandons-bitcoin-asic-production/
Wed, 19 Apr 2023 10:00:34 +0000https://www.digit.info/2023/04/19/chip-giant-intel-abandons-bitcoin-asic-production/Read more]]>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 […]
]]>Bitmain Will Not Ship Crypto Mining Equipment to China
https://www.digit.info/bitmain-will-not-ship-crypto-mining-equipment-to-china/
Mon, 11 Oct 2021 06:00:40 +0000https://www.digit.info/2021/10/11/bitmain-will-not-ship-crypto-mining-equipment-to-china/Read more]]>Mining hardware manufacturer Bitmain will no longer ship its products to mainland China. The move is in response to local regulations, the company explained. The announcement follows a prolonged crackdown on crypto mining operations in the country and a recently reiterated wide ban on activities related to cryptocurrencies. Bitmain Stops Mining Rig Deliveries to Mainland […]
]]>Canaan Expects $250M Revenue in Q2 — Yields and Mining Rig Deliveries to ‘Increase Substantially’
https://www.digit.info/canaan-expects-250m-revenue-in-q2-yields-and-mining-rig-deliveries-to-increase-substantially/
Wed, 02 Jun 2021 21:30:08 +0000https://www.digit.info/2021/06/02/canaan-expects-250m-revenue-in-q2-yields-and-mining-rig-deliveries-to-increase-substantially/Read more]]>The mining rig manufacturer Canaan saw steady profits during the Q1 after reporting its unaudited first quarter 2021 financial results on Tuesday. Canaan noted that it expects to at least sustain current profits or rise above to roughly $150 to $250 million in revenue for Q2. Canaan Expects $250M in Revenue for Q2 – Company […]
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 […]
Mining hardware manufacturer Bitmain will no longer ship its products to mainland China. The move is in response to local regulations, the company explained. The announcement follows a prolonged crackdown on crypto mining operations in the country and a recently reiterated wide ban on activities related to cryptocurrencies. Bitmain Stops Mining Rig Deliveries to Mainland […]
The mining rig manufacturer Canaan saw steady profits during the Q1 after reporting its unaudited first quarter 2021 financial results on Tuesday. Canaan noted that it expects to at least sustain current profits or rise above to roughly $150 to $250 million in revenue for Q2. Canaan Expects $250M in Revenue for Q2 – Company […]