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Category Archives: Bitcoin

Those 2016’s Top Cryptocurrency Exchanges, How Are They Now?

May 30, 2018


It is a well-established fact that cryptocurrency exchange is a lucrative business, overwhelming newcomers are managing to have a share. 80% of cryptocurrency exchanges who once dominated the market in 2016 have lost their crown over these two years in the fast-paced and fast-changing world of cr...

Here Is The Reason Why Bitcoin Plunges to $7,000

May 30, 2018


As blockchain technology has gained huge momentum in China, it brings many changes to financial system and decentralization may be the first feature of that change. Cao Heping, an economics professor at Peking University, said in an recent interview with Sina Finance that blockchain is abso...

Canaan grab 604 million yuan gross profit in 2017

May 25, 2018


According to the public disclosure of Canaan Inc submitted to HKEX, some key figures are revealed for the first time. The Company has been developing AI ASICs since 2016, volume production of which is scheduled at Q4 2018. Its $1 billion financing plan will be used in the following ...

Pandaminer to roll out 12nm Bitcoin miner in Q4

May 24, 2018

Red Li

Last week, Guo Weicheng, founder of Pandaminer, disclosed that the company is about to release its 12nm bitcoin ASICs in Q3 2018. Pandaminer, the Shenzhen-based Company, has been focusing on GPU mining since February 2016, the bitcoin asic is the latest attempt on expanding the compa...