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While China’s Bitcoin Miners Flock to Central Asia Canaan Sets up ASIC Mining Rig Service in Kazakhstan
On Monday, the application-specific integrated circuit (ASIC) manufacturer Canaan Inc. announced the company has established an overseas after-sales center in Kazakhstan. According to Canaan, the service center will provide local customers with after-sales services like machine testing, warranty services, maintenance, and technical consultation. дальше »
2021-6-8 21:30 | |
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Canaan Expects $250M Revenue in Q2 — Yields and Mining Rig Deliveries to ‘Increase Substantially’
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. дальше »
2021-6-3 00:30 | |
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BTC Mining Devices ‘Out of Stock’ Worldwide- 6 Chinese Mining Rig Makers Dominate the ASIC Industry in 2021
While bitcoin prices have slid in value and the high network difficulty, the leading crypto asset is still quite profitable to mine according to current data. Despite the profitability, these days there are only a few manufacturers producing application-specific integrated circuit (ASIC) machines. дальше »
2021-5-24 23:00 | |
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Canaan to Sell $93 Million in Next-Generation Bitcoin Miners to Genesis Digital Assets
The ASIC bitcoin mining rig manufacturer and chipmaker, Canaan has announced the company has signed a $93.63 million purchase order with the mining firm Genesis Digital Assets. Genesis will be acquiring Canaan’s A1246 Avalonminer rigs that produce 90 terahash per second (TH/s) and deliveries will be shipping during the second half of 2021. Canaan and […] дальше »
2021-4-30 23:30 | |
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Bitmain to Launch A New Ethereum ASIC Miner, Antminer E9, Later This Year
The largest Bitcoin mining rigs manufacturer, Bitmain, announces a new proof-of-work mining rig for Ethereum. This follows accelerated plans by developers to launch Ethereum 2. 0, which will use a proof-of-stake (PoS) consensus mechanism. дальше »
2021-4-29 21:30 | |
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Canaan to Ship 11,760 Next-Generation Bitcoin Miners to a US-Listed Firm, CAN Shares Jump 11%
On April 21, the bitcoin mining rig manufacturer Canaan announced the firm will be supplying 11,760 next-generation A1246 ASIC Avalonminers to a company called Mawson Infrastructure Group. The announcement notes that the mining units will be dispersed among Mawson’s bitcoin mining operations, and will add over an exahash of hashrate to Mawson’s mining facilities. Canaan […] дальше »
2021-4-22 17:30 | |
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Bitmain’s new Ether ASIC mining rig may not fix GPU shortage after all
A new Ether ASIC mining rig is on the way, but will it help ease Nvidia’s GPU problems?
дальше »2021-4-17 13:42 | |
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Venezuelan Guards Seize 76 Bitcoin Mining Rigs Due to ‘Inconsistencies’ in Transport Documents
The Bolivarian National Guard of Venezuela (GNB) is known for having a tough stance against crypto mining rig counterfeits, as several operations have been assigned to combat the issues over the last few months. дальше »
2021-4-13 08:15 | |
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Chinese Lottery Firm Rebrands, Purchases Bitcoin Mining Rig Manufacturer for $100 Million
Following the acquisition of the Chinese mining pool Btc. com, the China-based lottery company 500. com revealed the purchase of a bitcoin mining rig manufacturer Bee Computing. The Shenzhen firm purchased the semiconductor and mining device manufacturer for roughly $100 million in a share exchange agreement. дальше »
2021-4-8 02:30 | |
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YouTuber turns Nintendo Game Boy into Bitcoin mining rig
Pseudonymous YouTube content creator called “stacksmashing” has managed to turn his Nintendo Game Boy, a handheld game console released over 30 years ago, into a Bitcoin (BTC) mining machine, as demonstrated in a video published yesterday. дальше »
2021-3-29 00:21 | |
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Ebang Hopes to Capture a ‘Competitive Edge’ After Developing a Next-Generation 6nm Bitcoin Mining Chip
The publicly-listed bitcoin mining rig manufacturer Ebang has announced the completion of a new 6nm ASIC mining chip. Ebang believes the next-generation mining chip will give the firm’s ASIC products a “competitive edge” in the ambitious bitcoin mining industry. дальше »
2021-3-23 17:05 | |
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China’s Bitcoin Mining Rig Manufacturers Pressed by Demand, Advance Orders, Devices Sold Out
A regional report from China indicates that bitcoin mining rig manufacturers have seen a massive surge in demand since the price of the leading crypto asset skyrocketed. Companies such as Canaan Creative have placed significantly sized mining rig orders while other companies like Bitmain are completely sold out. дальше »
2021-2-27 01:30 | |
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Massive 70 MW Bitcoin Mining Rig Shipped to Russia
Big moves are happening within the bitcoin mining industry in Russia. An unnamed miner sent what seems to be the largest single batch of mining equipment to the country. Delivery Took Place at the End of 2020 According to Kommersant, the unknown miner shipped almost 20,000 devices on 14 trucks, which have a total power […] дальше »
2021-2-12 13:00 | |
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Bitcoin Miners Strain Under Semiconductor Supply Crunch, Second-Hand Mining Rig Prices Soar
Bitcoin mining rig manufacturers are dealing with a semiconductor supply crunch according to regional reports stemming from China. There’s been a global semiconductor supply shortage and it’s affecting nearly every type of business in the supply chain that manufactures cars, PCs, laptops, smartphones, and cryptocurrency mining devices. дальше »
2021-1-30 03:30 | |
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Bitmain is Back to ‘Normal Operations’ Following Jihan Wu Settlement With Micree Zhan
Over the past year, Bitmain, the world’s largest Bitcoin mining rigs producer, has struggled to complete its customers’ orders as conflicts within the top management delayed shipments. In focus, founders Micree Zhan and Jihan Wu were at the center of the feud as Wu once threatened to split its flagship mining Antminer rig’s manufacturing and […] The post Bitmain is Back to ‘Normal Operations’ Following Jihan Wu Settlement With Micree Zhan first appeared on BitcoinExchangeGuide. дальше »
2021-1-29 20:08 | |
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Crypto User Builds a Mining Rig in the Back of His BMW Hybrid Car With Six Graphic Cards
A U. S. cryptocurrency miner installed a mining rig in a particular place with the motivation to “annoy gamers. ” Simon Byrne installed the full infrastructure in the back of his BMW i8 hybrid car. дальше »
2021-1-28 10:00 | |
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This crypto trader set up mining rig in trunk of BMW i8
US-based crypto trader and miner Simon Byrne has six Nvidia RTX 3080s graphics cards in the trunk of his BMW i8 car which is able to run the mining rig. According to HardwareTimes, the car’s inteThe post This crypto trader set up mining rig in trunk of BMW i8 appeared first on AMBCrypto. дальше »
2021-1-26 22:30 | |
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Global Chip Shortages Disrupt Bitcoin Mining Rig Production: China’s Dominant Position as Hash Rate Leader Under Threat
The ongoing global shortage of chips that are used in the production of bitcoin mining rigs is now causing manufacturing disruptions. According to one report, these disruptions are causing a shortage of rigs on the market and subsequent price increases. дальше »
2021-1-25 18:30 | |
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China's MicroBT is reportedly planning a U.S IPO
China's MicroBT, one of the world's biggest Bitcoin mining rig manufacturers, is planning to go public in the United States, according to local reports. MicroBT manufactures WhatsMiner and over theThe post China's MicroBT is reportedly planning a U.S IPO appeared first on AMBCrypto. дальше »
2021-1-13 16:30 | |
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Mining Rig Makers Race to Create Next-Gen Ethereum Miner Before Staking-Only Kicks In
The Ethereum network’s 2. 0 transition has pushed the protocol to become one of the largest staking networks in the world with 1,683,905 ether locked into the contract worth $1 billion today. дальше »
2020-12-21 04:00 | |
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Bitcoin Mining Rig Prices up 35% Since Start of November — Shortages Force Miners to Turn to Secondary Market
The prices of the latest generation mining rigs have gone up 35% since the beginning of November, according to Hashr8. The observed price increase comes as Bitmain and Microbt are reportedly sold out until May 2021. дальше »
2020-12-17 05:00 | |
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Clocking Terahash: Three Next-Generation Bitcoin Mining Rigs Launched During the Last Quarter
Just recently, the China-based bitcoin mining rig manufacturer Microbt released a new ASIC device that clocks up to 112 terahash per second (TH/s). The new machine is one of the top-performing mining rigs on the market, according to today’s network difficulty and electrical rates below $0. дальше »
2020-12-8 03:30 | |
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Fire breaks out because of a Bitcoin mining farm in Russia
A cryptocurrency mining farm has caused a fire to break out in an apartment in St. Petersburg in Russia, which injured a 35-year-old owner of the rig. The press services of the Ministry of EmergenciesThe post Fire breaks out because of a Bitcoin mining farm in Russia appeared first on AMBCrypto. дальше »
2020-11-26 22:00 | |
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Bitmain’s Wu Regains Power Over Micree Zhan As Jihan Named Legal Representative
The struggle for Bitmain’s control has taken a different turn, with Jihan Wu regaining the position of executive director and legal representative of this Chinese Bitcoin mining rig manufacturer. According to the latest update on China’s business registration record, Macree Zhan will no longer serve in the above capacities but remains a general manager in […] The post Bitmain’s Wu Regains Power Over Micree Zhan As Jihan Named Legal Representative first appeared on BitcoinExchangeGuide. дальше »
2020-9-15 18:42 | |
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Bitcoin Hashrate Ramps to 130 Exahash Amid Next-Generation Miner Shortage
Regional reports from China have highlighted that a number of major Chinese ASIC mining rig manufacturers have sold out of their next-generation model stock. The shrinking supply of high-performance machines may be due to the shortage of 7nm and 8nm chips from TSMC and Samsung. дальше »
2020-9-13 05:30 | |
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Bitcoin mining rig manufacturer Canaan posted net loss, CEO cites Covid-19 and BTC halving
Canaan Inc, a leading Chinese Bitcoin mining hardware manufacturer published its unaudited second quarter (2020) financial results. As per the report, the company’s gross profit increased year over The post Bitcoin mining rig manufacturer Canaan posted net loss, CEO cites Covid-19 and BTC halving appeared first on AMBCrypto. дальше »
2020-9-1 01:11 | |
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Mining Company Ebang’s Stock Listed on Nasdaq Down 11%, Firm Plans to Launch Offshore Exchange
The bitcoin ASIC mining rig manufacturer, Ebang International Holdings, was recently listed on Nasdaq last Friday on June 26. Ebang is now the second mining rig manufacturer to have a U. S. initial public offering (IPO) by selling company shares. дальше »
2020-7-3 03:05 | |
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Bitcoin ASIC Miner Manufacturing Domination: Bitmain and Microbt Battle for Top Positions
On June 16, 2020, Bitmex researchers published a report that noted bitcoin mining rig manufacturers have consolidated a great deal and in the future, Bitmex researchers predict that “only 2 to 3 players will survive into the longer term. дальше »
2020-6-23 00:02 | |
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Bitmain’s Cofounder Accused of Hindering Next-Gen Bitcoin Mining Rig Shipments
On June 11, 2020, regional reports disclosed that the cofounder of Bitmain, Micree Zhan, is still battling with Jihan Wu in an ongoing feud. The quarrel is allegedly causing shipment problems for customers, as reports note that Zhan is prohibiting deliveries stemming from the company’s Shenzhen factory. дальше »
2020-6-15 22:08 | |
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Bitmain Releases Lower Cost Bitcoin Miner to Fend Off Competition
Bitmain has launched the Antminer T19, a cheaper version of its more efficient S19 Bitcoin Miner. Bitmain Launches Competitive Bitcoin Miner Bitmain has launched a new Antminer Bitcoin mining rig... The post Bitmain Releases Lower Cost Bitcoin Miner to Fend Off Competition appeared first on Crypto Briefing. дальше »
2020-6-1 16:03 | |
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Canaan Narrows Q1 Loss to $5.6 Million Amid Weakening Demand for Mining Hardware
Bitcoin mining rig manufacturer Canaan Creative reported a net loss of $5. 6 million for the first quarter of 2020, down from $9. 5 million a year earlier. The Chinese company cut prices of its ASIC-based machines by over 50% in an effort to improve sales, but that wasn’t enough to prevent the heavy loss. дальше »
2020-5-24 06:01 | |
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45 Older-Generation Bitcoin Miners Are Unprofitable After the Reward Halving
On May 11, the Bitcoin network experienced its third block reward halving, which had chopped the 12.5 BTC reward to 6.25 coins following the event. It’s been close to a week later, and data stemming from mining rig profitability websites show that more than 45 older generation devices are not profitable right now at today’s […] The post 45 Older-Generation Bitcoin Miners Are Unprofitable After the Reward Halving appeared first on Bitcoin News. дальше »
2020-5-19 19:45 | |
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Bitcoin Mining Markets Heat Up: Ebang’s $41M Deficit, Bitmain’s Alleged 2020 Revenue
The Chinese ASIC mining rig manufacturer Bitmain reportedly pulled in $300 million in revenue during Q1 2020. Meanwhile, as Bitmain claims to be regaining market share, the firm Ebang recently applied with the U. дальше »
2020-5-10 03:01 | |
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Iranian Govt Greenlights iMiner’s 6000 Rig BTC Mining Farm to Commence Operations
Reports have emerged that the Iranian Ministry of Industry, Mine and Trade has issued Turkey-based BTC miners – iMiner – an operating license. The company has already injected over 311 billion Rials an equivalent of $7. дальше »
2020-5-5 18:37 | |
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Microbt Reveals Two Next-Generation Mining Rigs With Speeds Up to 112 Terahash
Competition is heating up in the world of bitcoin mining rig manufacturing. Just recently, the Chinese producer Microbt has announced the launch of the M30S++ miner that processes speeds up to 112 terahash per second (TH/s). дальше »
2020-4-19 17:35 | |
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Bitcoin Miners Reveal Concerns Over Mining Rig Shipment Delays and Bitcoin Halving
The cryptocurrency market rout in mid-March, which saw bitcoin’s price slide significantly in value, has strained bitcoin mining operations by slashing considerable revenue from the block rewards. дальше »
2020-4-16 22:50 | |
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What Would it Cost to Build a Bitcoin Mining Rig Today?
Poolin. com has put together an updated analysis of the present cost of putting together a profitable Bitcoin mining rig. This information provides a unique insight into the complexities of the ever-changing mining landscape. дальше »
2020-4-5 19:33 | |
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Bitcoin Mining Rig Manufacturer Canaan Sued – Accused of Misleading IPO Investors
Bitcoin mining rig manufacturer Canaan Inc. is being sued for allegedly breaking U. S. securities laws before its initial public offering (IPO). Phillippe Lemieux, a Canaan investor, filed a class-action lawsuit that claims the company violated the Securities Act of 1933. дальше »
2020-3-8 03:05 | |
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Most Powerful Bitcoin Mining Rig Announced as Competition Intensifies
The cryptocurrency markets may still be cooling off after a solid start to the year — but the Bitcoin mining industry is heating up. Mining giant Bitmain has just announced its latest hardware in the battle to mine bitcoins more efficiently. дальше »
2020-2-29 04:10 | |
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Bitmain Unveils 2 Bitcoin Miners With Max Speeds Up to 110TH/s Per Unit
On Thursday, the China-based mining rig manufacturer Bitmain announced the launch of two new Antminer S19 series models that process between 95 to 110 trillion hashes per second (TH/s). The Antminer S19 Pro model with 110TH/s and 29 joules per terahash (J/TH) is 24 trillion hashes per second faster than Microbt’s latest Whatsminer M30S model […] The post Bitmain Unveils 2 Bitcoin Miners With Max Speeds Up to 110TH/s Per Unit appeared first on Bitcoin News. дальше »
2020-2-28 00:25 | |
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Bitmain Unveils its Most Powerful Bitcoin Mining Rig Yet
Bitmain may change the Bitcoin mining game again, with the upcoming shipments of Antminer S19, the newest model in the ASIC lineup. Antminer Yet to Announce Shipping, Prices for New Rig Model Antminer S19 can quickly make the previous models that powered the Bitcoin network obsolete. дальше »
2020-2-28 16:00 | |
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Coronavirus Quarantine Controls and Shipping Delays Impact Bitcoin Miners
During the first week of February, a few of the top mining rig manufacturers from China revealed they were forced to postpone device shipments due to the ongoing coronavirus outbreak. Regional reports from the country now disclose that shipments will be delayed even longer and Chinese mining rig companies and second-market suppliers are feeling significant […] The post Coronavirus Quarantine Controls and Shipping Delays Impact Bitcoin Miners appeared first on Bitcoin News. дальше »
2020-2-22 20:12 | |
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