TH/s

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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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’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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