Tag: Bitmain

A New Bitcoin World

These Next-Generation Mining Rigs Pack a Ton of Hashpower

A Great Deal of Hashpower Is Coming With 2019's Next-Generation Mining RigsLast week, mining manufacturer Bitmain launched its latest Antminer 17 series. Now Canaan Creative has published its own device specifications and pricing for the new Avalonminer 10 series that process between 31-33 trillion hashes per second (TH/s). In addition to Canaan’s latest miners, two more China-based companies are releasing next-generation miners this summer that mine […]

The post These Next-Generation Mining Rigs Pack a Ton of Hashpower appeared first on Bitcoin News.


April 20, 2019 0

Bitmain Announces New 7nm Bitcoin Mining Chip With 29% More Efficiency

Bitmain Announces New 7nm Bitcoin Mining Chip With 28.6% More EfficiencyOn Feb. 18, mining rig manufacturing giant Bitmain Technologies announced its next-generation 7nm ASIC chip for mining SHA-256 cryptocurrencies like BTC and BCH. According to Bitmain, the mining chip, called the BM1397, is more efficient when mining proof of work (PoW) coins and the new chips will be installed in the latest Antminer series of […]

The post Bitmain Announces New 7nm Bitcoin Mining Chip With 29% More Efficiency appeared first on Bitcoin News.


February 18, 2019 0

A Look at Some of the ‘Next Generation’ Mining Rigs Available Today

A Look at Some of the 'Next Generation' Mining Rigs Available TodayOver the last year, cryptocurrencies have lost a lot of value yet bitcoin miners continue to process transactions and earn block rewards. A bunch of new mining rigs were announced in 2018 that packed some serious hashrate. As the new year begins, some of the top devices that process between 28-76 trillion hashes per second […]

The post A Look at Some of the ‘Next Generation’ Mining Rigs Available Today appeared first on Bitcoin News.


January 12, 2019 0

Only Five Bitcoin Mining Devices Released in 2018 Are Profitable This December

Only Five Bitcoin Mining Devices Released in 2018 Are Profitable This DecemberThere has been a slew of bitcoin mining rigs announced during the last 12 months that claim to process more terahash per second while consuming less energy. However, with cryptocurrency prices so low, lots of newly launched machines are not profitable and many of them haven’t even shipped yet. Also read: Federal Agents Told This Silk […]

The post Only Five Bitcoin Mining Devices Released in 2018 Are Profitable This December appeared first on Bitcoin News.


December 10, 2018 0

Bitcoin Mining News: Norway Revokes Subsidies, Bitmain Opens Washington Facility

Norway Revokes Mining Subsidies, Bitmain Opens Washington FacilityIn mining news, Norway will revoke electricity subsidies currently available to cryptocurrency miners at the start of next year. Also, Bitmain has opened a 12 megawatt data center in East Wenatchee, Washington, and Bitfury has announced new additions to its advisory board and board of directors. Also Read: Markets Update: Dump Drives Record BTC Volume on […]

The post Bitcoin Mining News: Norway Revokes Subsidies, Bitmain Opens Washington Facility appeared first on Bitcoin News.


November 23, 2018 0

Trump Tariffs to Impact Chinese Mining Hardware Manufacturers

Trump Tariffs to Impact Chinese Mining Hardware ManufacturersThe escalating U.S. – China trade war threatens to have an adverse impact on the operations of Chinese mining equipment manufacturers, with imports of mining hardware now facing stateside tariffs of more than 25 percent. Also Read: Former CFTC Chair Advocates ‘Tech Neutral’ Cryptocurrency Regulations  Harsh Hardware Duties In June, the Office of the United […]

The post Trump Tariffs to Impact Chinese Mining Hardware Manufacturers appeared first on Bitcoin News.


October 19, 2018 0

Billion-Dollar Startups Flourishing in Switzerland’s ‘Crypto Valley’

Next Silicon Valley: Switzerland's Billion Dollar Cryptocurrency Startups FlourishThe top 50 cryptocurrency and blockchain-related companies in Switzerland’s version of Silicon Valley are now worth $44 billion combined, underscoring the steady growth of the Swiss crypto industry. Altogether, cryptocurrency firms employ about 3,000 people throughout the small country. Included among the top 50 are five “unicorns,” or startups with a market valuation of more […]

The post Billion-Dollar Startups Flourishing in Switzerland’s ‘Crypto Valley’ appeared first on Bitcoin News.


October 10, 2018 0

Hong Kong-Based Crypto Exchange Coinex Pays Interest in BCH

China-Based Crypto Exchange Coinex Pays Interest in BCHCrypto exchange Coinex will pay out long-term dividends, interest, in bitcoin cash (BCH) for coinex token (CET) holders, according to its website announcement. “If your CET holdings are on Coinex, we’ll calculate the dividends into BCH and allocate directly to your accounts,” the company explained. Also read: Bitcoin Cash Speaker Series II Brings Leading Bitcoiners […]

The post Hong Kong-Based Crypto Exchange Coinex Pays Interest in BCH appeared first on Bitcoin News.


October 5, 2018 0

Bitmain Announces Next-Generation Antminer Equipped With 7nm Chip

Bitmain Announces Next-Generation Antminer Equipped With 7nm ChipAt the World Digital Mining Summit in Tbilisi, Georgia the blockchain firm and mining manufacturer, Bitmain Technologies, announced a new Antminer will be launched soon equipped with 7nm semiconductor technology. The firm’s CEO Jihan Wu reported that Bitmain’s next-generation ASIC BM1391 Finfet chip integrates more than a billion transistors for optimal SHA256 mining performance. Also Read: Japanese […]

The post Bitmain Announces Next-Generation Antminer Equipped With 7nm Chip appeared first on Bitcoin News.


September 21, 2018 0

BTC Hashpower Doubles During Bear Market as Miners Sacrifice Profit for Position

During Brutal Bear Market, Bitcoin Hashpower DoublesAccording to Fundstrat analyst Sam Doctor, it appears Bitcoin Core (BTC) hashpower has doubled since just before the start of summer. That figure is impressive considering the lingering and deep bear market. “Even with upgrades to existing equipment, implies almost 1GW of new power consumption vs 5.2GW in May ’18m” Mr. Doctor tweeted. “Breakeven now […]

The post BTC Hashpower Doubles During Bear Market as Miners Sacrifice Profit for Position appeared first on Bitcoin News.


September 17, 2018 0