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# Bitmain News

On April 29, 2019, Quebec’s energy regulator Regie de l’energie announced that it will move forward with the proposal to allocate an additional 300 MW block of electricity to the local blockchain ecosystem. With this, the Canadian province’s blockchain industry has a total of 668 MW of electricity at its...
April 1, 2019 by at Bitcoin, Development, Mining, News
Bitmain is moving forward from their failed IPO attempt and launching their new Antminer S17 Series on April 9, 2019, they announced via a blog post on March 29, 2019. Coming Soon The crypto mining industry is in a bit of a slump at the moment. Since the price of...
Bitmain’s initial public offer (IPO) application with the Hong Kong stock exchange (HKEX) officially expired on March 25, 2019, a Twitter user with the name Dovey Wan noted. With this, Bitmain’s ambitions for an IPO in Hong-Kong have officially come to an undesired end. After its official IPO filing with...
Developers building public blockchains are faced with slowly losing the war against Application-Specific Integrated Circuit (ASICs). ASIC-resistant developers are facing an eternal “cat and mouse” chase in which some have claimed they may have already lost. Drawing from a post on Medium by Derek Hsue, in this article, BTCManager will...
February 20, 2019 by at Altcoins, Bitcoin, Business, Mining, News
In a blog post published February 18, 2019, the Chinese cryptocurrency mining juggernaut Bitmain announced the launch of their next generation 7nm ASIC chip, named BM1397. The new chip facilitates faster and more economical mining for cryptocurrencies that use the SHA256 algorithm for computation of mathematical problems. Energy Efficient BM1397|...
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