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Shenzhen-listed ICT Company Plans to Invest $155 Million in Microbt Bitcoin Mining Hardware
20.3.2021
A Shenzhen-listed information and communications technology (ICT) company ZJBC has plans to invest in the bitcoin mining sector according to a recent announcement. ZJBC says that it aims to spend up to $155 million on Microbt manufactured ASIC mining rigs. Chinese ICT Firm ZJBC to Invest $155...
Nvidia wins legal battle over $1B in sales of crypto mining hardware after 3 years
4.3.2021
Top GPU manufacturer Nvidia is celebrating after a judge nixed the lawsuit accusing it of misleading investors by “understating” GPU sales to crypto miners
Crypto Mining Hardware Manufacturer Whatsminer Plans to Launch Public Offering in the US
15.1.2021
One of the world’s biggest bitcoin mining machine manufacturers is preparing to go public in the United States. China-based Whatsminer is reportedly looking to obtain additional funds to buy Samsung chips with the initial public offering (IPO). Whatsminer’s Revenue Could Hit $1 to...
Top crypto mining hardware to expect in 2021
25.12.2020
With crypto mining gaining momentum, here’s the newest products coming out in 2021 and what Bitcoin miners should look to buy
Core Scientific Buys Over 58,000 Bitmain S19 Antminers to Expand Its Hosting Fleet in North America
22.12.2020
A major North American blockchain hosting provider announced its expansion by ordering over 58,000 additional S19 Series Antminers, as part of an agreement arranged with the Chinese mining hardware manufacturer. US Contract Miner Core Scientific Arranges Purchase of Over 58,000 Bitmain...
The first-ever mining hardware marketplace just launched
12.10.2020
This company presents an alternative to "sketchy" Telegram channels for second-hand mining equipment
Bitcoin Miner Maker Ebang Narrows First Half Loss To $7 Million, as Covid-19 Hit Demand
29.9.2020
Ebang International Holdings Inc., the Chinese maker of bitcoin mining hardware, reported a net loss of $6.96 million during the first six months of this year, down from $19.07 million a year ago, as demand fell due to the coronavirus pandemic. Revenue plunged 51% to $11.04 million from $22.35...
GPU Manufacturer Nvidia Buys Chip Maker ARM for $40 Billion
18.9.2020
California-based Nvidia is buying British computer chip designer Arm Holdings from Softbank Group Corp. in a deal worth $40 billion. Nvidia, which specializes in making hardware for video game consoles and the crypto mining sector, said in a press release that it would pay Softbank a combination...
Canaan Cuts Losses for Second Successive Quarter, Down To $2.4M in Q2; Demand Remains Weak
3.9.2020
Canaan Creative, the Chinese maker of bitcoin mining hardware, reported a net loss of $2.4 million during the second quarter of 2020, down from $5.6 million in the previous quarter. It is the second consecutive quarter of narrowing losses for the firm, hit hard by falling demand amid...
Riot Blockchain Buys 8,000 of Bitmain’s Latest Bitcoin Miners, Company Targets 1.5 EH/s by 2021
25.8.2020
Bitmain Technologies Inc. said Monday that Nasdaq-listed Riot Blockchain is buying 8,000 of its Antminer S19 Pro bitcoin miners in a deal worth $17.7 million. In a blog post, the Chinese crypto mining hardware maker stated that the machines will be delivered in batches of 2,000 over four straight...
Bitmain Retains Only a ‘Minuscule Lead’ Over Competitor Microbt Amid Ongoing Power Tussle, Says Report
19.8.2020
Bitcoin mining hardware maker Bitmain still has a “minuscule lead” over competitor Microbt despite the former’s ongoing power struggle and supply chain issues, according to Bitmex. Researchers at the derivatives exchange tested flagship products from the two companies...
Why Miner Maker Ebang’s US IPO Raises More Questions Than Answers
8.6.2020
Bitcoin mining hardware manufacturer Ebang wants to raise $100 million through a U.S. IPO. But that could be a risky investment, CoinDesk Research's Matt Yamamoto reports
Mining Hardware Maker Canaan Looks to Issue $12.4M in Stock to Employees
1.6.2020
Cryptocurrency mining ASIC producer Canaan filed with the U.S. SEC to issue around $12.4 million worth of shares to its employees
Canaan Narrows Q1 Loss to $5.6 Million Amid Weakening Demand for Mining Hardware
23.5.2020
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...
Critical Mining Hardware Manufacturer To Launch Second US Factory
17.5.2020
Major mining hardware manufacturer TSMC has announced plans to build a $12 million facility in Arizona
The Rise of ASICs: A Step-by-Step History of Bitcoin Mining
26.4.2020
The machines that maintain the Bitcoin network have undergone rapid technological development. Here's a detailed look at that evolution and at what might lie ahead
Vitalik: Obsolete Mining Hardware Could be Used for Zero Knowledge Proofs
26.4.2020
Vitalik Buterin has an interesting take on how Ethereum’s proof-of-work hardware can be used once the network switches consensus algorithms
Next-Generation Bitcoin Mining Hardware Arrives Just In Time For BTC Halving
20.4.2020
MicroBT is looking to expand its further eat into Bitmain’s market share, recently revealing its next-generation 100 TH/s Bitcoin miners at a virtual launch event
Bitcoin Mining Hardware Maker Reports $148M Net Loss in 2019
10.4.2020
Canaan witnessed a decrease in its total net revenue for 2019 to almost half of 2018 printed figures
Mining Chip Maker Ebang Next in Line to File for US IPO
6.12.2019
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...