With the bitcoin price trading more than 80 percent below its all-time high, not even Bitmain, the world’s largest cryptocurrency mining firm and the crypto industry’s most valuable company, has been immune from the slaughter. Continue reading Bitcoin Mining Giant Bitmain Closes Israeli Branch amid Market Woes
Tag Archives: Bitmain
Bitmain Releases Antminer S15
Bitmain has released (and already sold out of) its Antminer S15 model traditional ASIC Bitcoin miner. At a price of $1,475 per unit and a per-customer limit of two, it is comparably one of the better bargains as mining hardware goes. Continue reading Bitmain Releases Antminer S15
Bitmain Opens 20,000 Sq. Foot Office in Silicon Valley
Bitmain, the cryptocurrency industry’s most valuable company, has just opened an office in Silicon Valley ahead of its planned initial public offering (IPO) later this year. Continue reading Bitmain Opens 20,000 Sq. Foot Office in Silicon Valley
Ethereum Mining in the Era of ASICs
Ethereum mining may be reaching the end of its life
The Ethereum network has been growing steadily and hashrate and difficulty on the network have blossomed over the last few months as mining has expanded and more entrepreneurs get in on the action. Both metrics have just about doubled since the beginning of 2018 (which makes sense, as they are designed to closely track each other) though some attribute the speedy increase to the secret introduction of ASIC miners by Bitmain before officially releasing the technology for sale. Continue reading Ethereum Mining in the Era of ASICs
Monero and SiaCoin Reject Bitmain’s ASIC Miners
On March 24 the creators of Monero made an unprecedented statement – the project devlead, Riccardo Spagni, warned that the coin’s protocol would be changed every six months to make the cryptocurrency less appealing to application-specific integrated circuit (ASIC) miners. Continue reading Monero and SiaCoin Reject Bitmain’s ASIC Miners