Read More

TSMC Pours $3.54 Billion Into Upgrading 7nm Technology, Although Cryptocurrency Mining Demand Stalls

Nov 17, 2018

Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest dedicated independent semiconductor manufacturer, has approved the appropriation of roughly $3.54 billion on November 13 for new facility construction, the upgrade to leading-edge 7-nanometre technology, and related c...

Read More

Cryptocurrency Miner Canaan Lets Hong Kong IPO Application Lapse

Nov 15, 2018

Canaan, one of the world’s largest manufacturers of cryptocurrency mining hardware, has reportedly let its application for a Hong Kong IPO of at least $400 million lapse, casting doubt on the prospects for other Chinese miner makers seeking for Hong Kong IPO, according to Reuters. C...

Read More

F2Pool Will Support the Mining of BCHABC and BCHSV after Bitcoin Cash Hard Fork

Nov 14, 2018

F2Pool, the sixth largest bitcoin mining pool in the world, announced on Tuesday that it will allow miners to mine both coins generated from the upcoming Bitcoin Cash hard fork after the chain splits. According to the statement F2Pool posted on its WeChat official account, the nex...

Read More

Two Principals in China Caught Mining Ethereum at Local Middle School

Nov 9, 2018

Two middle school principals in China have been caught and punished by using the school’s electricity to mine Ethereum for over the course of several months, local media outlet The Paper reported on November 7. Employees at Puman Middle school in Hunan Province had been bothere...

Read More

A Brief History of Bitcoin Mining Pools: Over 17 Mining Pools Choose to Shut Down

Nov 7, 2018

Yesterday, the veteran mining pool BTCC launched an announcement, saying that it would be shutting down, which shocks the whole mining community. The official announcement said that: “…due to adjustments in our business, BTCC Pool will shut down all mining servers on November 15 an...

Read More

Bitmain will Sell its New 7nm Bitcoin Miner Antminer S15 November 8

Nov 6, 2018

Bitmain, the world’s largest bitcoin miner manufacturer, has announced the release of a new 7nm bitcoin miner – Antminer S15. https://twitter.com/BITMAINtech/status/1059636075243524098 The company claims that the new 7nm miners possess industry-leading hash rates designed to mine ...

Read More

AMD Partners With Seven Major Tech Firms to Create Better Solutions for Crypto Miners

Nov 5, 2018

AMD, a leading manufacturer of graphics cards (GPU), has partnered with seven top-ranking tech firms to provide the next best crypto mining rigs. The mining rigs to be created are expected to cater to the varied expectations and purchasing power of each client. According to AMD’s offi...

Read More

Bitcoin Mining’s Electricity Consumption Has Doubled in First 3 Quarters in China

Nov 3, 2018

Chinese authorities’ effort to curtail cryptocurrency mining seems to fail. From January to September, the electricity consumed by bitcoin mining has experienced a considerable increase in the country, according to a report from National Business Daily. China’s electricity consumption...

Read More

Ebang’s IPO May be Hindered by A Financial Crime Case

Oct 30, 2018

Ebang, the China-based communication and one of the largest bitcoin mining chip markers in China, as well as the producer of E9 miner, has been involved in a financial crime in the past few days. It may also have a bad effect on the firm’s Hong Kong IPO process. Yindou, a Beijing-bas...

Read More

Bitmain’s Mining Pools Contribute over 35% of Bitcoin Hashrate, BTC.com Regains Its No.1 Position

Oct 29, 2018

China is a superpower in bitcoin mining, generates the world’s top three largest crypto miner manufacturers: the Bitmain, Canaan and Ebang. Among those three, Bitmain is in the dominate status not only because of its popular Antminer, its two powerful mining pools, the BTC.com and Antpoo...