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Tag: ASICs

Bitdeer Sets Up $250M Fund to Acquire Assets From Financially Distressed Bitcoin Miners

September 28, 2022 wp-bot Bitcoin News

According to a representative from the bitcoin mining company backed by the Chinese crypto billionaire Jihan Wu, Bitdeer is crafting a $250 million fund to

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World’s Largest ASIC Producer Bitmain Slashes Antminer Bitcoin Mining Rig Prices

September 21, 2022 wp-bot Bitcoin News

The world’s largest producer of application-specific integrated circuit (ASIC) bitcoin miners, Bitmain Technologies, has revealed the company is offering a discount on Antminer S19 Pro

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These Are the Most Profitable Proof-of-Work Algorithms Since Ethereum Moved to Proof-of-Stake

September 17, 2022 wp-bot Bitcoin News

Since the transition from proof-of-work (PoW) to proof-of-stake (PoS), ethereum cannot be mined and miners are now dedicating hashrate to different PoW chains. Since ethereum

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Bitcoin Miner Genesis Digital Assets Secured 708 MW in Capacity During the First Half of 2022

August 12, 2022 wp-bot Bitcoin News

This week the bitcoin mining company Genesis Digital Assets announced that the firm has secured 708 megawatts (MW) in capacity and revealed plans to create

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Report Claims Samsung Is Producing 3nm ASIC Chips — Speculators Assume First Customer Is a Bitcoin Mining Rig Manufacturer

June 30, 2022 wp-bot Bitcoin News

The electronics giant and largest corporation in South Korea, Samsung, is in the midst of creating 3-nanometer (3nm) semiconductors for a Chinese application-specific IC firm,

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Privacy-Centric Monero Plans for July Hard Fork, Plans Include Ring Signature, Bulletproof Upgrade

April 19, 2022 wp-bot Bitcoin News

According to a recent update on Monero’s Github repository, the privacy-centric crypto network plans to hard fork in July, at block height 2,668,888. Monero is

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