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Nalezeno "Asic": 413

Bitmain and Canaan to Reveal 5nm Bitcoin Mining Chips in 2020


Two of the largest bitcoin mining chip manufacturers have plans to equip their products with 5nm chips in the near future. Just recently, China-based manufacturer Bitmain purportedly produced the world’s first 5nm test-grade bitcoin mining chip and more efficient mining rigs will see mass...

2019’s Bitcoin Miners Are 5x Faster Than Predecessors


High-powered bitcoin miners and next-generation semiconductors go hand in hand and as process node technology grows, SHA256 hashrate follows. Coinshares’ recent bi-annual mining report highlights that newly introduced mining rigs have “as much as 5x the hashrate per unit as their...

Mining Chip Maker Ebang Next in Line to File for US IPO


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...

Vertcoin Network Sabotaged by Another 51% Attack


The Vertcoin (VTC) blockchain was 51% attacked on Sunday, December 1, which saw 603 VTC blocks replaced by 553 blocks from the attacker. This is the second time the ASIC resistant Vertcoin chain was ambushed, as the network suffered a 300-block reorg a year ago. Also read: Cryptocurrency Projects...

Avalon Mining Rig Maker Canaan Files for $400M IPO on Nasdaq


Mining rig manufacturer Canaan has filed for an IPO with the U.S. Securities and Exchange Commission to raise $400 million on the Nasdaq Global Market. Prior to this filing, the company had also attempted to go public in Hong Kong and China. Credit Suisse and Citigroup are among its underwriters....

Bitcoin Mining: An Evolution from CPU to ASIC


To a newcomer, the cryptocurrency market might seem like any other industry and some might even be intimidated by it. Scarcely would anyone believe that it is only 10 years old. In 2008, it was just a hobby for some scholarly enthusiasts motivated probably by ideals like breaking free from...

New Ethereum ASIC Fuels Discord Among Ethereum Community


Canaan has launched its ambitious product series on September 26 at the New Era Mining Summit in China. This amazing product is called Ethereum ASIC or Ethash ASIC. It is claimed to be much more powerful than the existing Graphics Processing Unit (GPU) with tremendous capacity and efficiency....

A Short History of the World’s Largest Bitcoin Mining Pools


Mining pools grow and shrink, and rise and fall altogether. Today there are more extinct mining pools than there are active ones. The hashpower of the survivors secures hundreds of PoW crypto networks, from major coins such as BTC and BCH to obscure altcoins such as monero classic...

Bitmain Launches Next Gen Miner as Bitcoin Hashrate Touches 100 Exahash


Last Thursday the China-based mining rig manufacturer Bitmain announced the launch of two new Antminers that offer hashrates between 53 to 64 terahash per second (TH/s). When the Antminer sale started on Monday, first batch devices sold extremely fast and Bitmain expects to deliver units...

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