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Good News for Crypto Miners: Samsung’s High Performance 7nm EUV is Ready for Production

Oct 22, 2018

These days, tech giants are working hard on generating more advanced chips in order to stand out from the rat race. Samsung, the world leading semiconductor manufacturer also join the competition  and announced that they are prepared for the wafer production of their 7-nanometer (nm) LPP (Lo...

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Bitcoin Miner’s Suffering: Mining Machine Resale Value Only at 100 Yuan in China

Oct 18, 2018

Bitcoin mining is not a “gold rush” anymore. In the BTC bear market, the price of second-hand bitcoin mining machines takes a dive towards 100 t0 200 yuan in China, leaving almost no one to have any interest in buying it, according to a local news outlet report. A Chinese miner who...

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Top Secrets of Bitmain that You May Not Know: Jihan Wu’s Annual Salary was Only $27k, but Got $20.5 Million “Discretionary Bonuses” (III)

Oct 18, 2018

Bitmain is the world’s dominated crypto mining giant, its IPO has been seen as the largest IPO in the entire history of the IT market and draws much attention. People are also curious about secrets hiding behind the company. Today, we are going to discuss the last 4 out of 10 inconspi...

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Bitmain Launches Terminal ASIC Chip BM1880

Oct 17, 2018

The world’s largest manufacture of bitcoin mining hardware, Bitmain, unveils a new  ASIC chip known as BM1880 on Wednesday, according to its announcement released on Wechat. BM1880 ASIC chip is designed for deep learning inference acceleration focusing on edge application. I...

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Bitmain is Suffering from the 27.6% US Tariffs on Their Antminer S9

Oct 17, 2018

As the 2018 China-United States trade war has entered a red-hot stage, the Chinese cryptocurrency mining giant Bitmain is facing new tariffs of its overseas markets since August 23. According to the South China Morning Post, Bitmain would become the most exposed among Chinese mining...

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Top Secrets of Bitmain that You May Not Know: Its Finance Department Exchanges Cryptocurrencies for Fiat Money Regularly (II)

Oct 16, 2018

As the Chinese cryptocurrency mining giant Bitmain has finally filed an application to go public on the Hong Kong Stock Exchange (HKEX), some ‘top secrets’ also emerge from the public financial statements. There are 10 inconspicuous secrets hiding behind the statement. We have dis...

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Top Secrets of Bitmain that You May Not Know: Sales Earn Twice as much as the R&D Personnel (I)

Oct 15, 2018

Bitmain Technologies, the Chinese cryptocurrency mining giant has finally released its public financial statements on September 26. In the financial statement, the world’s dominant bitcoin mining hardware maker shows its ambition to AI business and is trying to change its simplex profit m...

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Canaan Unveils AvalonMiner A911 , and Its 5nm Chip Is In Developmet

Oct 15, 2018

Canaan Creative, the world’s second largest manufacturer of bitcoin mining hardware, announced a new mining rig model known as AvalonMiner A911 Saturday at 2018 Mining Summit which was held in China’s southwestern city of Chengdu. The Bitcoin ASIC miner will be soon available for u...

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Bitmain’s Latest Challenger MicroBT Plans to File IPO In 2019

Oct 10, 2018

MicroBT, a Shenzhen-based mining chip manufacturer and a new and well-capitalized competitor to mining juggernaut Bitmain, plans to file for an initial public offering in 2019, its founder Yang Zuoxing told Bloomberg in a recent interview. It signals that MicroBT becomes the lates...

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Bitmain’s Grand AI Dream: to be the Next NVIDIA

Sep 29, 2018

Of late, Bitmain the world’s dominated crypto mining giant, has finally handed in its public financial statements to the Hong Kong Stock Exchange. This could be one of the largest IPOs of all time in the crypto world. Some business insiders indicated that, the high-profile IPO is o...