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Category Archives: Mining

Bitmain is Considering an Overseas IPO

Jun 8, 2018

lylian

Jihan Wu, co-founder of Bitmain, the world’s dominant manufacturer of cryptocurrency miners, said the company is pursuing an expansion which may lead to an initial public offering (IPO), maybe in Hong Kong, or in an overseas market with U.S. dollar-denominated shares, according to Bloomb...

Canaan grab 604 million yuan gross profit in 2017

May 25, 2018

chinabtcnews

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...

8btc lab review on Antminer B3, the Bytom ASIC

May 16, 2018

chinabtcnews

8btc lab has conducted a test on the Antminer B3, the Bytom ASIC. Video report could be found below. The word blockchain has become one of the hottest words in 2018. More and more relevant articles appeared in daily news. Many Bytom supporters could not wait to know more and particip...