New batch of 1,000 Bitmain Z11 miners was brought to production last week and directors anticipate margins to increase as an effect.
As big as the latest drop in hash rate is, it doesn’t mean Bitmain has turned off all of the mining equipment it operates.
ProgPoW expected to level the playing field for ASIC and GPU miners alike.
Bitfury and Final Frontier have partnered to launch a regulated bitcoin mining fund.
The president of Belarus promises full government support for the local fintech industry.
Bitcoin miners are increasingly migrating to other territories that offer an abundant supply of hydroelectric energy, including British Columbia, Quebec, Manitoba, Alberta, and Labrador.
Chinese crypto miners are suffering in Iran despite low-cost electricity.
Bitmain, the world’s largest Bitcoin miner manufacturer, has recently unveiled its next-generation 7nm Antminer 17 series ahead of its forthcoming release date.
Canaan Creative, the second largest crypto mining hardware manufacturer, is reportedly considering reapplying for a public listing on the Shanghai Stock Exchange’s newly established registration-based IPO system, the Sci-Tech Innovation Board.
Bitmain’s IPO application on the Hong Kong Stock Exchange has officially expired.
The two drafts have been proposed in an effort to regulate crypto mining operations within the jurisdiction, with the country’s commissioners set to hold a public hearing on April 4.
SBI Holdings, a Japanese financial services mogul, has launched a new subsidiary for production of cryptocurrency mining chips and systems.
Chinese crypto mining titan Bitmain is reportedly working on deploying 200,000 units of its crypto mining machines in China, as the firm attempts to leverage on the territory’s inexpensive hydroelectric energy.
Touted to have three times more hashing power compared to its predecessor, the new Antminer Z11 was specifically designed to mine the privacy-focused crypto ZCash as well as other digital currencies anchored on the Equihash algorithm.
Ethereum core developers have recently reached a general consensus on the implementation of the proposed Application Specific Integrated Circuit-resistant Proof of Work algorithm ProgPoW.