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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Canaan in Best Single Quarter, Kickstarts Joint Mining Operations in Kazakhstan

Canaan in Best Single Quarter, Kickstarts Joint Mining Operations in Kazakhstan

Following its reported revenue increase in Q3, Canaan says it has completed the successful delivery of over 2,000 Avalon miner units in Kazakhstan to kickstart its joint mining operations with......

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With China Out, North America’s Hash Rate Share Set to Hit 50-60%

With China Out, North America’s Hash Rate Share Set to Hit 50-60%

In the fallout of China’s mining ban, Luxor Mining which provides analysis, data, and hash rate insights has projected that public North American miners will grow their hash rate by......

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Bitmain Hires TSMC to Produce ASICs Using Its N5 Technology

Bitmain Hires TSMC to Produce ASICs Using Its N5 Technology

The huge price increase most cryptocurrencies have experienced since the beginning of the year has made cryptocurrency mining one of the most profitable industries today. As the prices of Bitcoin......

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