Tag: Mining

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 […]

Nvidia Decreases Q4 Revenue Estimates Citing Crypto Mining Decline, Conditions in China

Nvidia Decreases Q4 Revenue Estimates Citing Crypto Mining Decline, Conditions in China Taiwan-based GPU producer Nvidia has decreased its revenue estimates for Q4, citing a decrease in crypto-related sales and deteriorating conditions in China Cointelegraph.com News

Mystery Bitcoin Miners Are Altering Mining Pool Dominance

Mystery Bitcoin Miners Are Altering Mining Pool Dominance During the first month of 2019, studies have revealed the growing trend of unknown miners processing blocks on the Bitcoin Core (BTC) network. A few years ago, most mining pools began revealing their identity via the coinbase parameter when they found a […]

The Daily: Sapphire Develops GPU for Grin, TSMC Sees Drop in Mining Revenue

The Daily: Sapphire Develops GPU for Grin, TSMC Sees Drop in Mining Revenue In The Daily this Saturday, Sapphire has designed a new graphics card suitable for mining the recently launched Mimblewimble cryptocurrency Grin. In other news related to the minting of digital coins, Taiwan Semiconductor Manufacturing Company has reported […]

Mining Closures Reveal Recurring Bitcoin Bear Market Trend

Mining Closures Reveal Recurring Bitcoin Bear Market Trend Another bitcoin miner this week shut down its operations, though the news didn’t come as much of a shock. The latest closure, of U.S.-based Giga Watt which went bankrupt last year, follows a trend among large mining operations that stretches back years. […]

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 […]