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Intel to Develop Crypto Mining Accelerators, Claims Circuits Will Deliver ‘1000x Better Performance per Watt’

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The California-based technology company and the world’s largest semiconductor chip manufacturer by revenue, Intel, has revealed the company will “contribute to the development of blockchain technologies” by offering “energy-efficient accelerators.” Intel executive Raja M. Koduri explained that the company expects its circuit innovations will deliver “1000x better performance per watt” than today’s GPU or SHA256-based … Read more

Bitcoin Miners May Face Major Semiconductor Shortage — Sub-16 Nanometer Chip Costs to Rise by 20%

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Fears of a major semiconductor chip shortage have started to make headlines again as the chips power nearly everything from new cars, phones, computers, and a myriad of other items. Reports stemming from Malaysia show that semiconductor manufacturers are dealing with an uptick in Covid-19 cases and this is plaguing the supply chain. Moreover, the … Read more

Nvidia Makes $155 Million From Crypto Mining Chips in Fiscal Q1

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Graphics cards manufacturer Nvidia has earned $155 million in revenue from chips designed for cryptocurrency mining during the first fiscal quarter. The company admitted that crypto miners have also pushed sales up in the gaming products segment which remains its main market. Leading GPU Maker Reports Record High Video Card Sales Supported by Crypto Miners … Read more

Bitcoin Cash Slated for May 15- Upgrade to Bring Improvements for Users and Merchants

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On May 15, 2021, the Bitcoin Cash network will undergo the process of an upgrade that will bring a handful of improvements. These updates include the removal of the unconfirmed transaction limit, enabling multiple OP_RETURNS, the implementation of double-spend proofs, and the inclusion of a new mining block default limit size of 8 MB, as … Read more

Bitcoin Hashrate Ramps to 130 Exahash Amid Next-Generation Miner Shortage

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Regional reports from China have highlighted that a number of major Chinese ASIC mining rig manufacturers have sold out of their next-generation model stock. The shrinking supply of high-performance machines may be due to the shortage of 7nm and 8nm chips from TSMC and Samsung. Bitcoin miners are finding it difficult to obtain next-generation application-specific … Read more

Chipmaking Giant Samsung Reveals 3nm Semiconductor Prototype

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In mid-December, Intel revealed that the company expects to design 2nm and 1.4 nm semiconductors by 2029. During the same timeframe, regional sources reported Canaan and Bitmain will reveal new mining rigs this year equipped with TSMC-based 5nm chips. Now, competition is growing stronger as Samsung has disclosed that the chipmaker succeeded in creating the … Read more

2019’s Bitcoin Miners Are 5x Faster Than Predecessors

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High-powered bitcoin miners and next-generation semiconductors go hand in hand and as process node technology grows, SHA256 hashrate follows. Coinshares’ recent bi-annual mining report highlights that newly introduced mining rigs have “as much as 5x the hashrate per unit as their generational predecessors.” Advanced chip technology has grown relentlessly and it’s significantly bolstered ASIC device … Read more

Keep Your Money and Passport Safe With Products You Can Buy With BCH

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In this day and age, carrying your wallet, passport and mobile phone inside the inner pocket of your jacket is simply not enough to protect your assets. Thankfully, there’s a company called Tarriss which offers products designed to secure both your digital cash and personal data. It sells them for cryptocurrency and it takes bitcoin … Read more

Bitmain’s New Antminer Specs Show Devices Process Over 50 Terahash

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On April 8, the Chinese mining rig manufacturer Bitmain Technologies unveiled the specifications for the company’s latest Antminer 17 series. The firm claims the three new bitcoin miners command a hashrate of over 50 trillion hashes per second (TH/s) which outpaces nearly all top machines today. Also read: Uyen T Nguyen: The Powerful Young Woman … Read more

A Guide to Building Your Own Crypto Mining Rig

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Cryptocurrency mining has in many respects become an industrialized business. But despite the concentration of hashing power, the increasing difficulty and diminishing returns, in some cases it can still be profitable to mint coins as an amateur miner, probably the most honest way to earn some digital cash. Here’s a guide on how to build … Read more