Satoshi Nakamoto may Have Generated Less Bitcoin, a Bitmex Research Says

Aug 24, 2018

A dominant miner, presumably Satoshi Nakamoto, may have generated significantly less than a million bitcoin as it is generally assumed, a five-year-old research by crypto-coin trading platform, Bitmex, has shown. This view counters the argument by blockchain researcher, Sergio Demian Lerner,...

Bitmain Ranks No. 13 in Hurun Greater China Unicorn Index

Jul 19, 2018

July 18, Hurun Report launched the Hurun Greater China Unicorn Index 2018 Q2, in association with Shimao Qianhai Center. It is the third time for Hurun Report to launch an unicorn index. According to the report, in the first half of 2018, a new unicorn comes into being in every 3.5 d...

Floods in Sichuan China is Not Significant Enough to Cause A Drop on Bitcoin Hashrate

Jul 2, 2018

Floods in the Sichuan province in China causes vast damage to major cryptocurrency mining operations in this area due to the heavy rains on June 27th and June 28th. According to a local blockchain and crypto industrial media Golden Finance, the floods in Sichuan leads to a drop in bitcoin ...

Canaan Likely to Surpass Bitmain in 7nm ASIC Chips Mass Production

Jun 5, 2018

Crypto mining represents an on-going growing opportunity for chip manufactures, mining operations continue to compete by making faster chips. Two China-based mining hardware giants, Bitmain and Canaan are currently engaged in an ASIC chip race. According to industrial news, Canaan will ro...

Bitmain Joined Hands with Another Taiwanese Chip Maker to Get 10,000 Memory Chips Per Month

May 23, 2018

The Chinese cryptocurrency mining hardware manufacturer Bitmain has expanded its cooperation with Taiwanese chip maker giants. TSMC, the world’s largest chip foundry is profiting heftily from selling ASIC chips to Bitmain. Meanwhile, Powerchip Technology Corp., a contract semicondu...

A $4000 Avalon Miner Only Costs $400 – A Glance of China’s Second Largest Bitcoin Miner Canaan

May 21, 2018

An Avalon miner was once hyped up to 20,000-30,000 yuan ($3,129 - $4,693) when bitcoin was climbing the peak. While according to the prospectus of Canaan, the ex-factory price of an Avalon miner is ranging from 3,122 to 4,402 yuan ($488 - $689), and its unit cost is somewhat between 2,354 to...

Nvidia Expects 2/3 Decrease in Crypto Mining Revenue Due to Bitmain’s ASIC Miners

May 17, 2018

The world’s largest GPU Manufacturer Nvidia has posted its financial report for the first quarter of 2018 on 10th of May. The revenue for Q1 totaled $3.21 billion and 9% of it is related to GPUs for cryptocurrency mining. As the rise of cryptocurrencies, the demand for Nvidia GPUs...

Bitmain Ordered 10 Million 1 GB DDR3 from ESMT, Etron and AP Memory

May 15, 2018

According to CTnews, Chinese cryptocurrency mining hardware manufacturer Bitmain has placed an urgent order for specialty DRAM (Dynamic Random Access Memory) and the low-capacity DDR3 has been mainly targeted. Bitmain has increased its purchase price by 10% due to the serious sho...

2,500 Bitmain’s Antminer B3 for Bytom Mining Sold Out Within Seconds

Apr 26, 2018

China’s bitcoin mining giant and ASIC chips manufacturer Bitmain rolled out the much-anticipated Antminer B3, a new Antminer model for specifically mining Bytom(BTM), at 11:00 a.m. (GMT+8) April 25. The new listing quickly drew interest from would-be buyers, and surprisingly, the ...

Chinese Authorities Change in Attitude to Crypto Mining Industry after US Export Ban

Apr 26, 2018

ZTE Corporation, China’s second-largest manufacturer of telecommunications equipment, will not be able to import components made in the USA after the Commerce Department announced a ban last Monday. In this situation, cryptocurrency mining industry could be seen as a breakthrough soluti...