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Elon Musk sets record straight on Nvidia AI chip shipments
4.6.2024
The billionaire industrialist clarified that the south extension of Tesla's Giga Factory in Texas would soon be complete, allowing for more AI infrastructure
US Mulls Tighter Restrictions on AI Chip Shipments to Chinese Firms, Report
14.10.2023
The government in Washington is reportedly considering further limiting China’s access to U.S. processors used in artificial intelligence (AI) applications. The current restrictions, which were introduced last year, allow Chinese companies to source the chips through overseas subsidiaries....
Trezor Halted Wallet Shipments to Russia and Ukraine
7.3.2022
More crypto-related businesses are joining the sanction train making its rounds in Russia, following that country’s invasion of Ukraine. And this time, it’s a major company from the hardware wallet sector. But Ukraine has been hit as well.
Satoshi Labs, the maker of the popular hardware wallet...
Bitmain Will Not Ship Crypto Mining Equipment to China
11.10.2021
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...
Russian Post to Employ Blockchain Technology in Parcel Tracking
30.9.2021
The national postal operator of Russia plans to implement a parcel tracking system that will rely on blockchain technology. The introduction of the new service is part of Russian Post’s digital transformation strategy and is expected to reduce the number of lost shipments. Blockchain-Based...
Financial Warfare: Afghan Central Bank’s $10B Confiscated by US, Biden Halts USD Shipments to Afghanistan
18.8.2021
The war in Afghanistan has been an extremely long conflict since the United States invaded the country in 2001, in order to drive the Taliban from power. After a messy exit, the U.S. occupation in Afghanistan has been compared to mistakes made during the Vietnam War. Now that U.S. forces have left...
Canaan Expects $250M Revenue in Q2 — Yields and Mining Rig Deliveries to ‘Increase Substantially’
2.6.2021
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...
Not Surprising, Nintendo Switch Shipments Were Impacted By Stuck Suez Canal Boat
13.5.2021
The global business trade seemed to grind to a halt this past March when the Ever Given container ship got stuck in the Suez Canal. Loads of product shipments were impacted, including the Nintendo Switch.Read more
Analogue Pocket Shipments Pushed Back To October
1.4.2021
Analogue just announced its Analogue Pocket handheld console will miss its original May 2021 shipment date and will slip to October instead.Read more
South Korean Officials Notice a Sudden Rise in Crypto Mining Rigs Imports- Over 41 Shipments Intercepted in 3 Months
11.3.2021
Crypto adoption is a hot topic in South Korea, and recent figures have been proving it. However, crypto mining activity is also starting to gather interest across the country, per the latest reports from local media outlets. A Single Rig Should Worth $150 ‘or Less’ to Be Considered...
Sony Stops Nearly All PlayStation 4 Shipments For Japan Except For Standard PS4 Slim
7.1.2021
Now that the PlayStation 5 is out, Sony is turning its attention to its new console. In Japan, that means almost all its attention, leaving only the standard slim Jet Black 500GB PlayStation 4 as part of the old-gen line-up.Read more
Marathon Settles Record-Breaking ASIC Acquisition, Buys 70,000 High Performance Bitcoin Miners
28.12.2020
On December 28, the publicly listed firm Marathon Patent Group announced the purchase of 70,000 Antminer S19 bitcoin miners from Bitmain for $170 million. Marathon expects the shipments to complete in 2021, giving the mining operation over a hundred thousand ASIC miners or more than ten exahash...
Bitmain Delays Delivery of Bitcoin Miners by Three Months, as Co-Founders Battle for Company Control
7.8.2020
Bitmain has delayed shipments of its Antminer bitcoin mining machines by three months, as the tussle between co-founders, Jihan Wu and Micree Zhan Ketuan, for control of the company intensifies. According to a post on Bitmain’s official Wechat account, the Beijing-based bitcoin miner maker...
Bitmain Delays Antminer Shipments Amid Internal Conflicts
6.8.2020
Bitmain announces three-month Antminer order delays, citing “external interference on company operation.”
Bitmain Delays Bitcoin Miner Shipments by Three Months as Co-Founders Battle On
6.8.2020
The escalating internal power struggle at Bitmain is starting to have a more serious impact on its business and customers
Bitmain’s Cofounder Accused of Hindering Next-Gen Bitcoin Mining Rig Shipments
14.6.2020
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...
Bitmain’s Power Struggle Takes Toll on Customers as Co-Founder Halts Shipments
11.6.2020
Like the employees forced to choose sides, Bitmain customers have been caught in the middle of the power struggle at the No.1 bitcoin miner manufacturer
Coronavirus Quarantine Controls and Shipping Delays Impact Bitcoin Miners
21.2.2020
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...
Coronavirus Outbreak Forces Chinese Crypto ASIC Manufacturers to Delay Orders
3.2.2020
Bitcoin mining rig deliveries from China are delayed due to the coronavirus according to a few Chinese manufacturers. Microbt and Ebang sent notices to customers via the firm’s Wechat channels. Sources say Bitmain and Innosilicon are delaying mining device shipments as well. Also read: How...