ARTICLE Intel ‘Blockscale’ ASIC chip confirmed for Q3 delivery

ARTICLE Intel ‘Blockscale’ ASIC chip confirmed for Q3 delivery

US compute giant Intel will ship its “Blockscale” ASIC chip this year.
According to a company blog post, the chip is set for delivery to Argo Blockchain, Block (formerly Square), Hive......

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Another Mining Hub Discovered in China, 190 Mining Equipment Seized

Another Mining Hub Discovered in China, 190 Mining Equipment Seized

The campaign against cryptocurrency activities in China registered another milestone this week. A secret mining hub was discovered and 190 mining machines worth over $790K confiscated. The raid to discover......

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Canaan stock gains 40% following $100M repurchase announcement

Canaan stock gains 40% following $100M repurchase announcement

Shares for Bitcoin mining manufacturer Canaan surged 40% Wednesday following an announced $100 million stock buyback program. Headquartered in Beijing, China and listed on the Nasdaq stock exchange, Canaan is......

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Bitmain releases second hydro-cooled ASIC in two months

Bitmain releases second hydro-cooled ASIC in two months

Bitmain announced yet another new machine via Twitter: the Antminer S19 XP Hydro. The most powerful ASIC to date, the machine runs at 255 TH/s with an efficiency of 21......

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Canaan in Record Over 200% YoY 2021 Sales Increase

Canaan in Record Over 200% YoY 2021 Sales Increase

China-based chip producer, Canaan, has shown in its 2021 unaudited full-year financial results that it sold a total computing power of 22.3 million Thash/s which equates to a year-over-year increase of......

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