Bookmarking Crypto Insights
Auto Added by WPeMatico
This week the firm Squire Mining, a company that plans to offer next-generation 10nm ASIC chips, has revealed it is working with Samsung Electronics as its foundry partner. With help from Samsung’s foundry, Squire, and a company called Gaonchips, plan to complete its ASIC chip FPGA prototype by September 30, 2018. Also read: Ebang Announces 44 … Read more
The China-based Ebang Communication, one of the largest ASIC mining chip makers in the region has announced a new series of mining rigs this week at the World Digital Mining Summit in Tbilisi, Georgia. Ebang has revealed three new bitcoin mining rigs for its Ebit Miner E-11 series that claims to boast hashrate speeds between … Read more
Over the last few weeks, we’ve been reporting on the wide variety of new cryptocurrency miners entering the digital asset economy. Some of these newly created miners are bringing faster processing power and more optimized chips, while others have even built mining rigs that tether to a water-cooling system. Now another new SHA-256 mining rig … Read more
A new competitor is advancing on plans to enter the mining hardware market by the end of the year. Canadian company Squire Mining has raised almost $20 million to finance the design, development, and testing of a new ASIC chip and bitcoin mining rig. Squire also wants to set up its own crypto mining facilities. … Read more
Following such places as Quebec and New York, the latest location in North America to attract large Bitcoin mining operations with a cheap supply of electricity is Colorado Springs. A miner has paid $13 million to convert an abandoned Intel chip manufacturing complex into an industrial mining farm. Also Read: Silicon Valley Whales Buy … Read more
South Korean Samsung Electronics saw its operating profits surge in the first quarter of this year compared to the previous year. The company attributes the increase to its semiconductor division which manufactures bitcoin mining chips and says that it expects the trend to continue into the second quarter. Also read: Yahoo! Japan Confirms Entrance Into the … Read more
The Korean Customs Service has added cryptocurrency mining hardware to its list of items required to meet safety requirements in order to be imported into the country. The announcement comes following a $1.2 million USD seizure of mining hardware in recent months, prompting concerns over the potential for poorly manufactured hardware to increase fire risks … Read more
After gamers, scientists have now raised the alarm about the deficit of video cards caused by excessive demand in the crypto mining industry. Researchers trying to pick up radio signals from stars and extraterrestrials say they need more of the latest GPU chips for their data processing equipment. According to media reports, a leading manufacturer … Read more
Bitcoin and cryptocurrency mining has become a growing industry, and mining operations continue to compete by making faster chips and purchasing large quantities of land to host data facilities all over the world. Data recorded from around the globe shows the mining economy is booming and the venture has become very profitable for many mining … Read more
