Bitmain Aims to Leapfrog Competition With Its Next-Gen Bitcoin Miner

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On April 28, the China-based mining rig manufacturer Bitmain Technologies announced the launch of its latest Antminer T17 model which processes roughly 40 terahashes per second (TH/s). The machine delivers better power efficiency with 55 joules per terahash (J/TH) and the T17 is also equipped with second-generation TSMC 7nm semiconductors. Also read: Statistics Show Bitcoin…

These Next-Generation Mining Rigs Pack a Ton of Hashpower

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Last week, mining manufacturer Bitmain launched its latest Antminer 17 series. Now Canaan Creative has published its own device specifications and pricing for the new Avalonminer 10 series that process between 31-33 trillion hashes per second (TH/s). In addition to Canaan’s latest miners, two more China-based companies are releasing next-generation miners this summer that mine…

Chinese Miners Flock to Sichuan for Cheap Electricity During the Wet Season

Chinese Miners Flock to Sichuan for Cheap Electricity During the Wet Season

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Over the last two months, the hashrate between the Bitcoin Cash (BCH) and Bitcoin Core (BTC) networks has increased significantly since hitting a low on December 15, 2018. Numerous reports detail that many Chinese miners who control a large portion of SHA-256 hashrate have been recently setting up shop in Sichuan. During the wet season…

The Daily: Bitmain Reflects on 2018, Memo Releases Mobile App

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In today’s edition of The Daily, we cover a reflection on the passing year by the cryptocurrency mining technology giant Bitmain, a mobile app released by social network Memo and new turnover figures from a Bitcoin ATM network in Australia. Also Read: South Africa Wants to Mandate Registration of Crypto Services Bitmain Reflects on 2018…

Largest Bitcoin Mining Pools Gutted as Bitmain Reels

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The two largest Bitcoin mining pools, BTC.com and Antpool, have lost a large chunk of their hash power over the crypto winter. The two Bitmain owned pools signaled the mining market’s implosion, culminating in Bitmain laying off 50 percent of its workforce. At the beginning of 2018, Bitmain’s mining pools BTC.com and Antpool were the…

Bitcoin Cash Mining Showcased at the Houston Rockets Game

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On Dec. 27 the Houston Rockets challenged the Boston Celtics. During the game’s intermission, two contestants participated in a contest called the Antpool Red Planet Race. The participants played a game that involved ‘mining’ bitcoin cash (BCH) on the court floor in the hope of winning $300 worth of BCH. Also Read: Many Self-Proclaimed Bitcoin Inventors…

Blockchain Developer at Top of List on LinkedIn’s Emerging Jobs Report

Blockchain Developer at Top of List on LinkedIn’s Emerging Jobs Report

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LinkedIn has released the 2018 edition of its Emerging Jobs Report. Topping the list is the blockchain developer position. Yet, with crypto markets crashing in the past month amid signs of an industry slowdown, it’s unclear whether blockchain firms will be hiring at the same pace in 2019. Demand for Blockchain Devs Increased 32 Fold…