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Bitmain’s 1.16 PH/s Bitcoin Mining Beast: The ASIC Arms Race Just Got Real
Over the past three years, bitcoin mining gear has evolved dramatically—from machines cranking out massive terahash to widely available rigs ...
Tag: ASIC
The ASIC Arms Race Just Got Real
Over the past three years, bitcoin mining gear has evolved dramatically—from machines cranking out massive terahash to widely available rigs ...
Auradine Expands Bitcoin Mining Solutions with Advanced ASIC Chips, Cooling Systems, and Modular Megawatt Containers
Auradine Inc., a U.S.-based Bitcoin miner manufacturer, today announced it is unveiling a broadened portfolio of mining products at the ...
Blockstream Spins out Mining and ASIC Divisions in Major Restructuring Effort
The bitcoin-focused technology firm closed a $210 million funding round led by Fulgur Ventures last October and is now implementing ...
Bitdeer invests 60 million dollars to enhance ASIC production for Bitcoin mining in a context of record hashrate
The cryptocurrency mining company Bitdeer has recently secured a funding of 60 million dollars with the aim of expanding the ...
Trump Sons Take 20% Stake in US Mining Venture With 61,000 ASIC Rigs and Big Ambitions
Eric Trump and Donald Trump Jr., progeny of U.S. President Donald Trump, have embarked on a financial foray into the ...
Bitdeer Posts $531.9M Q4 Loss Amid Heavy ASIC Investments, Eyes 40 EH/s Hashrate Target
Bitdeer Technologies Group reported a $531.9 million net loss for Q4 2024 as it invested heavily in proprietary mining hardware ...
Bitdeer Stock Drops 20% as ASIC Development Leads to Half a Billion Loss
The Singapore-based Bitcoin miner Bitdeer saw its stock drop on Tuesday, after disclosing a fourth-quarter loss of $532 million amid ...
Bitcoin mining sector expands as ASIC count surged 7% in 2024: report
By early 2025, Russia’s Bitcoin mining capacity had topped 11 GW, but only around 3 GW was reportedly used by ...
Bitdeer’s New ASIC in the Bitcoin Mining Arena
This week, Bitdeer (Nasdaq: BTDR), a publicly listed firm in bitcoin mining and rig production, unveiled its latest product: the ...
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