Stronghold Digital Partners With Canaan Subsidiary to Boost Bitcoin Mining Capacity by 400 PH/s 3 min read A1246 Stronghold Digital Partners With Canaan Subsidiary to Boost Bitcoin Mining Capacity by 400 PH/s Stronghold Digital, a leading Bitcoin mining firm, announced the company has entered into a two-year hosting agreement...Read More
ASIC Mining Rig Manufacturer Canaan Reveals $100 Million Stock Buyback Program 2 min read Bitcoin ASIC Mining Rig Manufacturer Canaan Reveals $100 Million Stock Buyback Program admin March 17, 2022 The application-specific integrated circuit (ASIC) manufacturer Canaan has revealed the firm is offering a stock buyback for...Read More
Canaan Expands Mining Operations in Kazakhstan Amid Power Deficit, Protests 3 min read ASIC Canaan Expands Mining Operations in Kazakhstan Amid Power Deficit, Protests admin January 6, 2022 Hardware manufacturer Canaan is expanding its crypto mining operations in Kazakhstan. The company is now cooperating with...Read More
Genesis Digital Assets Acquires 20,000 Bitcoin Mining Rigs From Canaan, Company Has Option to Buy 180K More 2 min read 1.4 gigawatts Genesis Digital Assets Acquires 20,000 Bitcoin Mining Rigs From Canaan, Company Has Option to Buy 180K More admin August 31, 2021 The China-based bitcoin ASIC mining machine manufacturer Canaan has announced the company has forged a partnership with...Read More
Canaan Expects $250M Revenue in Q2 — Yields and Mining Rig Deliveries to ‘Increase Substantially’ 2 min read ASIC miners Canaan Expects $250M Revenue in Q2 — Yields and Mining Rig Deliveries to ‘Increase Substantially’ admin June 2, 2021 The mining rig manufacturer Canaan saw steady profits during the Q1 after reporting its unaudited first quarter...Read More
Bitcoin Mining in 2023: 18 Profitable ASIC Devices and the Dominance of Three Major Manufacturers Revealed 4 min read Antminer Bitcoin Mining in 2023: 18 Profitable ASIC Devices and the Dominance of Three Major Manufacturers Revealed admin May 16, 2023 According to statistics from mid-May 2023, 18 different application-specific integrated circuit (ASIC) bitcoin mining devices are profitable...Read More
While Known Mining Pools Currently Dominate, Unknown Miners Discovered the Most Bitcoin Blocks During the Last 13 Years 3 min read antminers While Known Mining Pools Currently Dominate, Unknown Miners Discovered the Most Bitcoin Blocks During the Last 13 Years admin September 24, 2022 The Bitcoin network has been operational for 5,012 days and so far, more than 755,000 blocks have...Read More
Bitcoin Miner Genesis Digital Assets Secured 708 MW in Capacity During the First Half of 2022 3 min read Andrey Kim Bitcoin Miner Genesis Digital Assets Secured 708 MW in Capacity During the First Half of 2022 admin August 12, 2022 This week the bitcoin mining company Genesis Digital Assets announced that the firm has secured 708 megawatts...Read More
Bitcoin Miners Expected to Catch a Break in 2 Days, Mining Difficulty Estimated to Drop Close to 4% 3 min read 12 known pools Bitcoin Miners Expected to Catch a Break in 2 Days, Mining Difficulty Estimated to Drop Close to 4% admin May 23, 2022 While Bitcoin’s hashrate has remained above the 200 exahash per second (EH/s) mark, over the last two...Read More
Global Chip Shortage Looms Over Bitcoin Mining Industry, ASIC Supply Tightens 3 min read Antminer S19 Pro+ Hyd. Global Chip Shortage Looms Over Bitcoin Mining Industry, ASIC Supply Tightens admin January 28, 2022 While Bitcoin’s hashrate has been coasting along above 175 exahash per second (EH/s) and recently reached an...Read More
Bitcoin’s Hashrate Soars 42% Higher Over the Last 3 Months Following Crypto Asset’s 36% Price Increase 3 min read Antpool Bitcoin’s Hashrate Soars 42% Higher Over the Last 3 Months Following Crypto Asset’s 36% Price Increase admin November 13, 2021 While bitcoin has been hovering above the $60K handle for a great majority of the last 28...Read More
Digital Asset Firm Bakkt to Go Public After Completing Merger — BKKT Shares Set to Trade on NYSE Monday 2 min read Bakkt Digital Asset Firm Bakkt to Go Public After Completing Merger — BKKT Shares Set to Trade on NYSE Monday admin October 17, 2021 The digital asset company Bakkt Holdings has completed a merger with a firm called VPC Impact Acquisition...Read More