Bitfarms signals massive hardware expansion with MicroBT ASIC miners purchase
The first shipment would take place in January 2022, and will be followed by monthly shipments with the last batch of mining rigs scheduled to arrive by December 2022.
Latest ASIC News
Record number of ASIC miners imported into Russia: report
An unidentified client for BitRiver has recently shipped roughly 20,000 ASIC miners into the firm’s block reward mining facility in Siberia.
Samsung considering $10 billion chip manufacturing plant in Texas
The South Korea tech giant is reportedly looking at investing upwards of $10 billion to build its most cutting edge logic chip producing plant in the United States.
Marathon Patent Group completes $200M capital raise
The company plans to use the proceeds from this recent capital raise to pay for the ASIC miners it ordered from Bitmain Technologies Inc.
Canaan releases new next-gen ASIC miner
The hardware manufacturer designed the Avalon Immersion Cooling Miner A1066I to be noiseless and eco-friendly.
Who is in charge of Bitmain?
Bitmain is intentionally delaying the shipment of its ASIC hardware from its Shenzhen factory, according to reports.
Embattled Canaan rolls out 2 new ASIC rigs
NASDAQ-listed Canaan Creative has released two new ASIC mining rigs, which offer lower hash power compared to its competitors.
Bitcoin halving 2020: ASIC processors brace for another drop in revenue
The atmosphere around the upcoming Bitcoin halving is different, as many in the ecosystem fear it will negatively affect the long-term value of the digital currency.
Bitmain rival Canaan amps up crypto miners with 5nm chip
Canaan Creative is equipping its crypto mining products with TSMC’s 5nm chip in the first quarter of 2020.
More crypto miners seized in China as police continue crackdown
Police in the city of Tangshan, Hebei, seized 6,890 cryptocurrency mining machines illegally consuming electricity.
Bitmain wants to make onboarding crypto miners easier
Bitmain is launching three new strategies consisting of installment payment, option hedging, and joint mining to help customers begin mining BTC in advance of the halving.
Samsung files patent for blockchain-compatible SSD
South Korean electronics giant Samsung is seeking to patent a “programmable blockchain solid state drive and switch.”
