It is reportedly that crypto miner manufacturers including Vidtoo, Innosilicon, Obelisk are planning to launch ASIC miner for Grin this summer. Known as a crypto without ICO, pre-mining and investors, Grin was in its heyday in the early 2019. Since January 16th, Grin’s price hav...
It is reported that Canaan Creative, one of the world’s largest bitcoin mining machine manufacturer, has already sent its application to the SEC. As the first Chinese bitcoin miner giant filed for U.S. IPO, it is not the first time for Canaan to filed IPO application. This ha...
Chinese bitcoin mining giant Bitmain has reported losses of $625 million in the first two months of 2019, but the company turned a profit in March with a net profit standing at $315 million and has seen great growth in miner sales since then, according to a report by a local WeMedia (publicatio...
Bitcoin hashrate has reached a new record high around 79 quintillion hashes per second (EH/s) on July 29. The rapid rise of hashrate along with the bitcoin price rally has made bitcoin mining more competitive and difficult. It is expected to be much harder at the end of 2019 or Q1-Q2 of 2020...
Bitmain, the world’s largest Bitcoin miner manufacture plans to file IPO application to Nasdaq with fundraising about 100 million dollars. Bitmain launches its IPO with market value about $5 billion, down 66.7% when it launched pre-IPO value of $15 billion on July 23 last year. Th...
Canaan Creative, one of the world’s largest bitcoin mining machine manufacturer, has already filed an application for an initial public offering (IPO) to the U.S. Securities and Exchange Commission (SEC), people with knowledge of the matter disclosed. According to the source, the A...
TSMC is expanding capacity for Bitmain’s urgent order for wafers. Bitmain Technologies, the designer of chips used in cryptocurrency mining has placed a large order of 30,000 “7nm” wafers from TSMC. TSMC has never commented on its clients or orders. It is reported that that ...
Bitcoin’s ongoing bull run has sprung up demand for new mining equipment, putting pressure on manufacturers to produce enough machines to satiate buyers. Huaqiang North Commercial Area , the largest mining equipment market in China has sold out its stock even the pre-ordered are postponed...
Iran has come to a final decision about its tariffs for cryptocurrency mining, which is now awaiting final approval from the Cabinet, according to a report from Iranian economic daily Financial Tribune. Energy Minister Homayoon Ha’eri made the statement on July 21 that authorities have...
Chinese bitcoin mining giant Bitmain has placed a large order of 30,000 7nm wafers from TSMC, the world's largest dedicated semiconductor foundry, according to people familiar with the matter. An industry insider took to Weibo (Twitter equivalent in China) that Bitmain had ordered 30,0...
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