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Showing posts with the label Bitmain

Bitmain IPO canceled

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On Tuesday, March 26, 2019, Bitmain IPO application on the Hong Kong Stock Exchange expired. The Chinese bitcoin mining giant filed an application on September 26, 2018, and the Hong Kong Stock Exchange had six months to review. The inaction of the exchange means that the order has been cancelled. In its blog, Bitmain writes: We do recognize that despite the huge potential of the cryptocurrency and blockchain industry, it remains a relatively young industry which is proving its value. We hope regulatory authorities, media, and the general public can be more inclusive to this young industry. We will restart the listing application work at an appropriate time in the future. Further, Bitmain says that the IPO preparation process ... Read more about " Bitmain IPO canceled " on coinatory.com

Bitmain unveiled new Antminer for Zcash

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Bitmain company introduced the new Antminer Z11, the main feature of which is the ability to mine Zcash three times faster than in the normal version of the device. Also, the model consumes almost one and a half times less electricity. https://twitter.com/Antminer_main/status/1107885558292860928 The model is based on the Equihash algorithm, which provides more than 135 thousand calculations per second. With a weight of 5.4 kilograms, the device is easily transported, as it is enclosed in a convenient case. Also, the developers have created a convenient and functional interface for it, which means that the device can be quickly reconnected. Antminer s9 presented in October last year. Its main feature was the built-in algorithm ... Read more about " Bitmain unveiled new Antminer for Zcash " on coinatory.com

Bitmain announced the date of sale of 7-nm ASIC Antminer S15 and T15

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Bitmain, the Chinese giant of bitcoin mining, announced two new ASIC miners of the Antminer series, equipped with 7-nm chips. On her Twitter, Bitmain announced: https://twitter.com/BITMAINtech/status/1059636075243524098 According to the Cointelegraph, Bitmain CEO Jihan Wu said in his recent speech that the new chip combines “over a billion transistors” using a special technology with low power consumption. Recall that recently Bitmain announced the release of a firmware update with support for AsicBoost for all Antminer models, which, according to the company, should increase the "efficiency" of devices. ... Read more about " Bitmain announced the date of sale of 7-nm ASIC Antminer S15 and T15 " on coinatory.com

Updated firmware Antminer s9 from Bitmain activates AsicBoost

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The Chinese mining giant Bitmain has introduced a new firmware for Antminer s9, which activates the AsicBoost cryptocurrency mining optimization algorithm. In addition, a week later the company will make the same update to other models based on the BM1387 chips: Antminer R4, S9i, S9j, T9 and T9 +. Reportedly, this step “will increase the effectiveness of several Antminer models and will create a context for the development of a serious network with long-term plans.” https://twitter.com/BITMAINtech/status/1054329450018435074 Bitmain exp ... Read more about " Updated firmware Antminer s9 from Bitmain activates AsicBoost " on coinatory.com

Why did Bitcoin Cash rise in price?

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For a day the price of this cryptocurrency increased by 18.7%. Experts have at least two reasons why this happened. Now the price of bitcoin cash is about $528.6. This is evidenced by the data of the sites, where the exchange rates are updated in real time. At the same time, the price of bitcoin for the day almost did not change - it fell by 0.18%, reaching $6400, and the ether - by 0.08%, reaching almost $215. Market analysts explain the growth of bitcoin cash for two reasons. The first is the news that this altcoin was added by the ... Read more about " Why did Bitcoin Cash rise in price? " on coinatory.com

AntPool will be the official sponsor of NBA Houston Rockets

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The largest pool for mining cryptocurrency AntPool will be the official sponsor of the NBA Houston Rockets basketball club. For both sides this will be the first cooperation of this kind. For the first time in history, the sponsorship of the NBA club will be carried out in the Bitcoin Cash cryptocurrency. AntPool is the second-largest bitcoin mining pool. It is managed by the Chinese giant, the maker of Bitmain"s mining equipment. It mines Bitcoin, Bitcoin Cash, Litecoin, Ethereum, Ethereum Classic, Zcash, Dash, Siacoin. Houston ... Read more about " AntPool will be the official sponsor of NBA Houston Rockets " on coinatory.com

The largest bitcoin-pool BTC.com will mine Ethereum and Ethereum Classic

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The largest mining pool of BTC.com will soon add support for Ethereum and Ethereum Classic. In the near future, the BTC.com Mining Pool, owned by the Chinese company Bitmain, intends to offer its users the opportunity to mine two cryptocurrencies: Ethereum and Ethereum Classic. Miners will be able to switch their capacities from one currency to another, depending on the situation on the market. As stated in the press release of the company, this step is aimed at helping the Ethereum network in the scalability of the infrastructure for ... Read more about " The largest bitcoin-pool BTC.com will mine Ethereum and Ethereum Classic " on coinatory.com

Conflict among Bitcoin Cash developers can split the cryptocurrency

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Bitcoin Cash was created just a little over a year ago as a result of a hard fork amid a heated debate over the scaling of the original bitcoin. Gradually among fork developers began to grow disagreement over the further development of Bitcoin Cash. The recently released Bitcoin ABC client release was perceived by some representatives of the crypto community as the beginning of a real war in the development environment. However, some representatives of the Bitcoin Cash community categorically do not support these changes. Another ... Read more about " Conflict among Bitcoin Cash developers can split the cryptocurrency " on coinatory.com

Tencent denies participation in Bitmain pre-IPO

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Chinese technical conglomerate Tencent denies its involvement in investing in the preliminary stage of the IPO of Bitmain Technologies, the world"s largest manufacturer of cryptocurrency mining equipment. What happened? August 10, both the cryptocurrency and mainstream media reported that Tencent and the Japanese conglomerate Softbank Group closed the round of Bitmain financing by $ 1 billion, in the run-up to the company"s IPO by $ 15 billion. This will be one of the largest IPOs in history, and therefore not surprisingly, that Bitmain is ... Read more about " Tencent denies participation in Bitmain pre-IPO " on coinatory.com

AntRouter by Bitmain - Wi-Fi router for mining. Analysis

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The Chinese manufacturer of ASIC-miners Bitmain has released routers with the cryptocurrency mining function: AntRouter R3-DASH and AntRouter R3-SIA. The devices mine Dash and Siacoin. https://twitter.com/Antminer_main/status/1026428382618312704 The AntRouter R3-DASH provides a hash rate of 300 M/s with a power consumption of 24.37 watts, and the AntRouter R3-SIA has a 11.54 G/s hash rate with a power consumption of 22.6 watts. All that users need after the purchase is to connect the device to the network. Once the router is ... Read more about " AntRouter by Bitmain - Wi-Fi router for mining. Analysis " on coinatory.com

Antminer S9j by Bitmain released

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The Chinese manufacturer of ASIC-miners Bitmain announced the release of a new device Antminer S9j. Miner is more powerful than the previous model but cheaper in price. The previous bitcoin-miner model from Bitmain was Antminer S9i. It provided a 14 TH / s hash rate at an energy consumption of 1265 watts/hour, and was sold at a price of $ 654. The new machine is slightly more powerful: Antminer S9j provides a hash rate of 14.5 TH / s. At the same time, it consumes slightly more electricity - 1350 Wh / h. But the price of the miner is ... Read more about " Antminer S9j by Bitmain released " on coinatory.com

Bitmain controls up to 4% of the bitcoin hashrate

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The giant of mining Bitmain promised to publish once a month to report on what kind of mining capacities it has and what kind of hashrate is controlled by the company. We are talking about data on three algorithms: SHA256, ETHASH and SCRYPT. The bitcoin-mining giant Bitmain informed that they will publish regular reports on the size of the internal mining operations within the framework of the general course on transparency necessary to enter the placement of shares in 2015. Bitmain reported that the company owns the mining capacity for ... Read more about " Bitmain controls up to 4% of the bitcoin hashrate " on coinatory.com

Hut 8 the world"s largest miner listed on the stock exchange

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Canadian company Hut 8, engaged in bitcoin mining, in its press release announced the completion of construction of its second mining division in Medicine Hat, which was completed ahead of schedule, set in September. The new mining area is ready to begin work together with the facility, which is located in Drumheller. Thus, the total capacity of both mining facilities is 487.5 petahashes per second (PH / s), which makes Hut 8 the world"s largest miner, listed on the stock exchange. The launch of the new mining site was carried out jointly ... Read more about " Hut 8 the world"s largest miner listed on the stock exchange " on coinatory.com

EOS: centralize everything!

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Among all the EOS block miners, there are two very powerful players in the crypto cryptocurrency - Bitfinex and Bitmain, whose daily combined revenue is only about $ 16,000 on EOS blocks. Launched recently and not without problems, the EOS blockchain continues to evolve. But the crypto community, for the most part, is inclined to believe that the development of EOS is moving towards centralization, which completely does not correspond to the initial development rate. Owners of EOS tokens, when voting for block miners, voted for such big ... Read more about " EOS: centralize everything! " on coinatory.com

Amazon shopping with Bitcoin Cash

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The Purse service, which allows you to make purchases from Amazon in bitcoins, has now added Bitcoin Cash as a payment method. This news was shared by the head of Bitmain, Jihan Wu in his twitter account on June 28. Service Purse gives the opportunity to make purchases on Amazon for the cryptocurrency. Previously, the system used only bitcoin, but now users have the opportunity to pay with Bitcoin Cash. Bitcoin Cash is the fourth largest cryptocurrency in the world. Its price is 704 US dollars, the capitalization is equal to 12.1 b ... Read more about " Amazon shopping with Bitcoin Cash " on coinatory.com