Bitmain and BitDeer join forces in new Marketing Initiatives

BitDeer.com is excited to announce that the leading computing power-sharing platform is joining forces with China’s crypto mining giant Bitmain to forge a strategic brand alliance. The partnership has been kicked off through a series of cross-marketing initiatives with Antminer, BTC.com, and AntPool, three of Bitmain’s major subsidiary product lines. Source: MagicFew BTC.com and AntPool became BitDeer.com’s debut strategic partners, […]

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Bitmain’s BTC Mining Hash Rate Drops by 88 Percent

The hash rate generated by the Chinese miner manufacturer’s BTC mining operation has dropped by as much as 88 percent in the last 30 days. The numbers were revealed by Bitmain on May 7 as a part of its computing power disclosure which it publishes each month. As per the figures, the hash rate for SHA256 – the protocol for […]

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Bitmain breathing its last? Famed S7 and S9 Antminer developer allegedly quits to join Shenma

Bitmain has been under immense pressure due to the bear market. The cryptospace is full of rumours and speculations about Bitmain’s S15 miners, as well as its alleged “distancing” from the Bitcoin Cash [BCH] Project. @BTCKING555, a Twitter user known for providing an inside scoop into all-things related to Bitmain, tweeted, A Lookback On March 10, 2019, Samson Mow, CSO […]

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Mining Hardware

When Bitcoin was conceptualized, one could mine efficiently with the use of a consumer grade CPU. Eventually, as more and more people kept joining the mining process, the network difficulty rose up as a natural reaction. This led some developers to utilize the GPU for solving the Proof of Work hashes required to write transactional data on the Blockchain. While […]

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Bitmain Reveals Sales Details of Next Gen Bitcoin Miners

Bitmain Reveals Sales Details of Next Gen Bitcoin Miners Beijing based Bitcoin mining hardware manufacturing giant Bitmain has announced the sales details for the company’s latest range of crypto-specific chips. According to the company, the Antminer 17 series will be capable of mining more than 50 trillion hashes per second. Sales will take place in two batches over the next […]

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New Report Highlights Increasing Decentralization of Bitcoin Mining

Bitcoin (BTC) mining has become more decentralized and continues to diversify, a new report from Canadian wealth management company Canaccord claimed on Feb. 6. Canaccord, which tracks the blockchain and digital currency sectors along with its other financial operations, highlighted the increasingly wide distribution of Bitcoin’s hash rate over the past five years. This, the report says, represents a competitive […]

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NEM Foundation is One Month Away From Bankruptcy

NEM foundation, the development team behind the popular cryptocurrency project, NEM, is about to go bankrupt and the foundation is about to start laying off workers in droves. The ongoing downtrend and the mismanagement of funds from the previous council have been identified as the cause. NEM Foundation Set to Fire Staffs The NEM foundation will be following in the […]

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New Malware Attacks Hold ASIC Miners to Ransom

According to reports from cybersecurity researchers, there’s a new ransomware virus on the loose that’s targeting bitcoin miners. A file locking program called H-Ant has allegedly infected certain Antminer models in China and if the ransom is not paid the software aims to destroy the infected machine. Also Read: Money Transmitter License Not Required for Crypto Businesses in Pennsylvania New Ransomware […]

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