Terahash

Mining Giant Canaan Faces Stiff Competition After IPO Shares Slump

</header> <strong>On November 21, the Chinese mining rig manufacturer Canaan Inc. launched its initial public offering (IPO) sale of $90 million worth of U.S. shares. Canaan shares initially sold for $8.99, but plummeted over 48% on December 16 to $4.65 per share. Since then, Canaan has launched a series of five new mining rig batches …

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BTC’s Hashrate Touches 120 Exahash, But the Price Has Not Followed

</header> <strong>On January 1, the <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BTC” target=”_blank” rel=”noopener noreferrer”>BTC</a> network hashrate touched an all-time high at close to 120 exahash per second (EH/s). Despite the crypto market lull and lower <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BTC” target=”_blank” rel=”noopener noreferrer”>BTC</a> prices, the 2020 milestone happened just before the blockchain’s 11th anniversary. <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BTC” target=”_blank” rel=”noopener noreferrer”>BTC</a>’s …

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2019’s Bitcoin Miners Are 5x Faster Than Predecessors

</header> <strong>High-powered bitcoin miners and next-generation semiconductors go hand in hand and as process node technology grows, SHA256 hashrate follows. Coinshares’ recent bi-annual mining report highlights that newly introduced mining rigs have “as much as 5x the hashrate per unit as their generational predecessors.” Advanced chip technology has grown relentlessly and it’s significantly bolstered ASIC …

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Despite Lower Prices, Bitcoin’s Hashrate Remains Strong

<header class=”article__header”> </header> <strong>People watching cryptocurrency markets have been patiently waiting for prices to rise and the overall sentiment to change. However, one thing that’s been extremely bullish these days is how <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BTC” target=”_blank” rel=”noopener noreferrer”>BTC</a>’s hashrate has doubled in the last three months. Even with today’s sluggish crypto prices, the SHA-256 hashrate …

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Bitmain Launches Next Gen Miner as Bitcoin Hashrate Touches 100 Exahash

<header class=”article__header”> </header> <strong>Last Thursday the China-based mining rig manufacturer Bitmain announced the launch of two new Antminers that offer hashrates between 53 to 64 terahash per second (TH/s). When the Antminer sale started on Monday, first batch devices sold extremely fast and Bitmain expects to deliver units by mid-November. Meanwhile, the combined SHA256 hashrate …

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High-Powered Mining Rigs Drive Bitcoin’s Accelerating Hashrate

<header class=”article__header”> </header> <strong>On August 19, the combined SHA-256 hashrate between the <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BCH” target=”_blank” rel=”noopener noreferrer”>BCH</a> and <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BTC” target=”_blank” rel=”noopener noreferrer”>BTC</a> networks touched a massive high of over 91 exahash per second (EH/s). One notable contribution to today’s network hashrates is the manufacturing of next-generation mining rigs that produce a significant …

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Bitmain Aims to Leapfrog Competition With Its Next-Gen Bitcoin Miner

<header class=”article__header”> </header> <strong>On April 28, the China-based mining rig manufacturer Bitmain Technologies announced the launch of its latest Antminer T17 model which processes roughly 40 terahashes per second (TH/s). The machine delivers better power efficiency with 55 joules per terahash (J/TH) and the T17 is also equipped with second-generation TSMC 7nm semiconductors.</strong> Also read: …

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These Next-Generation Mining Rigs Pack a Ton of Hashpower

<strong>Last week, mining manufacturer Bitmain launched its latest Antminer 17 series. Now Canaan Creative has published its own device specifications and pricing for the new Avalonminer 10 series that process between 31-33 trillion hashes per second (TH/s). In addition to Canaan’s latest miners, two more China-based companies are releasing next-generation miners this summer that mine …

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Bitmain’s New Antminer Specs Show Devices Process Over 50 Terahash

<strong>On April 8, the Chinese mining rig manufacturer Bitmain Technologies unveiled the specifications for the company’s latest Antminer 17 series. The firm claims the three new bitcoin miners command a hashrate of over 50 trillion hashes per second (TH/s) which outpaces nearly all top machines today.</strong> Also read: Uyen T Nguyen: The Powerful Young Woman …

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