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Compass Mining Alerts Bitcoin Miners of Changes in Bitmain’s ASIC Design
8.3.2023
Compass Mining, a bitcoin mining firm, published a blog post stating that Bitmain, the company behind the application-specific integrated circuit (ASIC) mining rig, has made changes to its design. The post advised miners to be aware of the changes as Compass Mining identified “three...
Crypto Mining Rig Maker Canaan's Q4 Revenue Sunk 82% to $56.8M
7.3.2023
The firm reported Q4 net loss per ADS of 38 cents compared to $1 for the same period in 2021
Bitmain Partner BitFuFu Starts Marketplace for Crypto Mining Rig Coupons
20.2.2023
The discount coupons issued last year haven't been used because miners don't have the cash to spend on new equipment
Bankrupt Celsius Aims to Raise $14.4 Million From Bitcoin Mining Rig Credits and Coupons
11.2.2023
Defunct cryptocurrency lender Celsius aims to secure more than $14 million from credits and coupons backed by Bitmain, according to an interim CEO Christopher Ferraro in a bankruptcy court filing dated Feb. 9, 2023. Ferraro stated in the filing that the “coupons currently provide no utility...
Luxor Starts First-Of-Its-Kind Bitcoin Mining Rig Marketplace for Large Scale Orders
1.2.2023
The market for mining machines is increasingly flooded with inventory from struggling companies
Mining Rig Manufacturer Canaan Launches 2 New ASIC Bitcoin Miners With up to 130 Terahash
24.10.2022
On Monday, bitcoin mining rig manufacturer Canaan Inc., announced the launch of the company’s latest high-performance bitcoin miners called the A13 series. Canaan has revealed two models in the A13 series, which feature “improved power efficiency over its predecessors,” and the new models produce...
How to build a cryptocurrency mining rig
18.10.2022
Building a crypto mining rig involves a lot of different parts — here’s how to get started
World’s Largest ASIC Producer Bitmain Slashes Antminer Bitcoin Mining Rig Prices
21.9.2022
The world’s largest producer of application-specific integrated circuit (ASIC) bitcoin miners, Bitmain Technologies, has revealed the company is offering a discount on Antminer S19 Pro mining rigs. The 100 terahash per second (TH/s) machine is selling for $19 per terahash or $1,900 per unit....
These Are the Most Profitable Proof-of-Work Algorithms Since Ethereum Moved to Proof-of-Stake
17.9.2022
Since the transition from proof-of-work (PoW) to proof-of-stake (PoS), ethereum cannot be mined and miners are now dedicating hashrate to different PoW chains. Since ethereum can no longer be mined, the most profitable PoW consensus algorithms are Kadena, Scrypt, and Cuckatoo32. Five days...
Crypto Casinos Are ‘Impossible to Rig Because the Game Is Hosted on a Blockchain’ — Online Casino Reviewer
9.8.2022
According to an igaming expert, Keane Ecclestone, crypto casinos are increasingly popular with bettors that value their privacy and security. While some perceive crypto casinos to be riskier than traditional online gambling platforms, Ecclestone believes bettors can play safely by choosing casinos...
Bitcoin Mining Rig Prices Slump to Near 2-Year Lows Amid Celsius Bankruptcy
14.7.2022
Celsius’ mining unit said to have auctioned off some of its newly purchased mining rigs at low-high $20/TH price back in June, before filing for bankruptcy
Bitmain Launches 2,400 Megahash E9 Ethereum Miner Ahead of The Merge
6.7.2022
On July 6, the crypto mining rig manufacturer Bitmain announced the launch of the highly anticipated Antminer E9 after revealing the device on April 15, 2021. The machine boasts speeds of up to 2.4 gigahash per second (GH/s) and Bitmain is selling the device for $9,999 per unit. Bitmain Launches...
Bitmain to Start Selling New Ethereum Mining Rig Model Tomorrow
5.7.2022
Despite the Merge edging closer, Bitmain releases an ethereum ASIC
Report Claims Samsung Is Producing 3nm ASIC Chips — Speculators Assume First Customer Is a Bitcoin Mining Rig Manufacturer
30.6.2022
The electronics giant and largest corporation in South Korea, Samsung, is in the midst of creating 3-nanometer (3nm) semiconductors for a Chinese application-specific IC firm, sources have said. The new chip design has caused speculation among the crypto community that it’s possible Samsung...
CleanSpark Takes Advantage of Bear Market to Acquire Mining Rig Contracts
16.6.2022
The miner also partnered with TMGcore to expand its immersion-cooled bitcoin mining infrastructure
Mining-Rig Maker Canaan Q1 Revenue More Than Triples
19.5.2022
Bitcoin mining company Canaan said revenue surged 237% from the year-earlier quarter to $213.9 million
Crypto Mining Rig Maker Canaan Added to SEC List of Scrutinized China Companies
5.5.2022
The firm has until May 25 to dispute its inclusion on the list, which could eventually see it delist from the Nasdaq
Marathon Kicks Off Bitcoin Miners’ Earnings With Focus on Rig Deployment, Funding
2.5.2022
The miner will report its first quarter earnings on Wednesday, followed by its first-ever conference call with analysts and investors
‘Bitcoin in Cowboy County’ — New Documentary to Feature Gas-to-Bitcoin Mining Solutions in Central Wyoming
28.3.2022
According to the bitcoin mining operation and mining rig reseller, Compass Mining, a new documentary will be released that covers the bitcoin mining operations in central Wyoming. The documentary, called “Bitcoin in Cowboy County: Wyoming’s Powder River Miners,” will premiere...
ASIC Mining Rig Manufacturer Canaan Reveals $100 Million Stock Buyback Program
17.3.2022
The application-specific integrated circuit (ASIC) manufacturer Canaan has revealed the firm is offering a stock buyback for up to $100 million. Canaan’s chairman and CEO Nangeng Zhang highlighted in a U.S. Securities and Exchange Commission (SEC) filing that the move was due to issues with...