Tag: Bitmain

Bitmain Aims to Leapfrog Competition With Its Next-Gen Bitcoin Miner

Bitmain Aims to Leapfrog Competition With Its Next-Gen Bitcoin Miner On April 28, the China-based mining rig manufacturer Bitmain Technologies announced the launch of its latest Antminer T17 model which processes roughly 40 terahashes per second (TH/s). The machine delivers better power efficiency with 55 joules per terahash (J/TH) and […]

Manufacturing Giants Bitmain and Canaan Announce Second-Generation Miners

Manufacturing Giants Bitmain and Canaan Announce Second-Generation Miners On March 29, the two largest mining rig manufacturers, Canaan Creative and Bitmain Technologies, announced the sale of their next generation devices that process the SHA-256 algorithm. Both firms are gearing up to sell the new products this spring as a slew […]

In the Daily: Crypto Data Feed, BSV Sale, Bitmain Office Closed

In the Daily: Crypto Data Feed, BSV Sale, Bitmain Office Closed Intercontinental Exchange has added new coins to its cryptocurrency data feed and we’ve got the details in this installment of The Daily. This edition also features Coincheck’s announcement that it plans to sell its BSV holdings and reimburse users […]

Bitmain Releases Equihash Miner 3x More Powerful Than Its Predecessor

Bitmain Releases Equihash Miner 3x More Powerful Than Its Predecessor Bitmain, the Beijing-headquartered cryptocurrency mining giant, has officially released the Antminer Z11 machine on Tuesday, March 19. The new device is designed to mine coins that are based on the Equihash proof-of-work algorithm such as the privacy-focused altcoin zcash (ZEC). […]

Former Bitmain Employees May Find Refuge in a Spinoff Startup Called Matrix

Former Bitmain Employees May Find Refuge in a Spinoff Startup Called Matrix According to regional reports, members of Bitmain Technologies and other connected subsidiaries like Copernicus are starting an offshoot company called Matrix. It is not officially known yet just what Matrix will do but some sources allege that the […]

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

Bitmain Announces New 7nm Bitcoin Mining Chip With 29% More Efficiency On 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 […]

Bitmain Pauses Texas Mining Operations, County Officials Report

Bitmain Pauses Texas Mining Operations, County Officials Report According to reports from media outlet Texas Public Radio, the Chinese mining giant Bitmain Technologies has reportedly suspended operations in the town of Rockdale. Bitmain started to build up its new facility at a former aluminum smelting factory last summer, but since the […]

Report Claims Chinese Mining Giant Bitmain Is Prepping for New Leadership

Report Claims Chinese Mining Giant Bitmain Is Prepping for New Leadership The cryptocurrency mining manufacturer Bitmain may have a new chief executive officer in the near future according to regional reports. Bitmain’s director of product engineering, Haichao Wang, will apparently take the lead role within the corporation but no official […]

Bitmain Shuts Down Research and Development Center in Israel

Bitmain Shuts Down Research and Development Center in Israel The ongoing bear market has caused another cryptocurrency company to downsize its operations. Bitmain, the Beijing-headquartered bitcoin mining technology giant, has now begun shutting down its research and development center in Ra’anana, Israel. Also Read: Former Israeli Prime Minister Calls Cryptocurrencies […]