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Tag: Canaan

Global Chip Shortage Looms Over Bitcoin Mining Industry, ASIC Supply Tightens

January 28, 2022 wp-bot Bitcoin News

While Bitcoin’s hashrate has been coasting along above 175 exahash per second (EH/s) and recently reached an all-time high, a global shortage of semiconductor chips

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Intel To Present Low Voltage, Energy Efficient Bitcoin Mining Chip At Conference

January 18, 2022 wp-bot News BTC

This could be huge. Intel plans to enter the Bitcoin mining space with a cleverly marketed “ultra-low-voltage energy-efficient” ASIC chip. Considering that the chip shortage

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Jack Dorsey’s Payments Company Is ‘Officially Building an Open Bitcoin Mining System’

January 16, 2022 wp-bot Bitcoin News

In mid-October 2021, Twitter founder Jack Dorsey revealed the payments firm Block Inc. (formally Square) was considering joining the bitcoin mining industry. Three months later,

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Bitcoin Mining Firm Luxor Launches ASIC Trading Desk

January 13, 2022 wp-bot Bitcoin News

On January 11, 2022, the Washington-based bitcoin mining operation Luxor announced the launch of a new application-specific integrated circuit (ASIC) trading desk. According to the

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Crypto Biz: The rise of the Bitcoin treasury, Dec. 30–Jan. 6

January 6, 2022 wp-bot Cointelegraph

Michael Saylor’s MicroStrategy showed corporations that holding Bitcoin on their balance sheet is a viable strategy to hedge against inflation.

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Canaan Expands Mining Operations in Kazakhstan Amid Power Deficit, Protests

January 5, 2022 wp-bot Bitcoin News

Hardware manufacturer Canaan is expanding its crypto mining operations in Kazakhstan. The company is now cooperating with a number of mining firms there and has

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