Category: 7nm

Bitcoin Hashrate Ramps to 130 Exahash Amid Next-Generation Miner Shortage

Regional reports from China have highlighted that a number of major Chinese ASIC mining rig manufacturers have sold out of their next-generation model stock. The shrinking supply of high-performance machines may be due to the shortage of 7nm and 8nm chips from TSMC and Samsung. Bitcoin miners are finding it difficult to obtain next-generation application-specific […]

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Chipmaking Giant Samsung Reveals 3nm Semiconductor Prototype

Chipmaking Giant Samsung Reveals a 3nm Semiconductor PrototypeIn mid-December, Intel revealed that the company expects to design 2nm and 1.4 nm semiconductors by 2029. During the same timeframe, regional sources reported Canaan and Bitmain will reveal new mining rigs this year equipped with TSMC-based 5nm chips. Now, competition is growing stronger as Samsung has disclosed that the chipmaker succeeded in creating the […]

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2019’s Bitcoin Miners Are 5x Faster Than Predecessors

Data Shows 2019's Bitcoin Miners 5x Faster Than PredecessorsHigh-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 device […]

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Mining Giant Bitmain Confidentially Files for U.S.-Based IPO

Mining Giant Bitmain Confidentially Files for U.S.-Based IPOAccording to reports, bitcoin mining manufacturer Bitmain Technologies confidentially filed for a U.S.-based initial public offering (IPO) with the Securities and Exchange Commission. The news follows the alleged removal of cofounder and executive director Micree Zhan and the recent announcement of a facility in Texas with the capacity to house 300MW of hashpower. Also read: […]

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

Bitmain's New Antminer Specs Show Devices Process Over 50 TerahashOn 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. Also read: Uyen T Nguyen: The Powerful Young Woman […]

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Bitmain Announces New 7nm Bitcoin Mining Chip With 29% More Efficiency

Bitmain Announces New 7nm Bitcoin Mining Chip With 28.6% More EfficiencyOn Feb. 18, mining rig manufacturing giant Bitmain Technologies announced its next-generation 7nm ASIC chip for mining SHA-256 cryptocurrencies like BTC and BCH. According to Bitmain, the mining chip, called the BM1397, is more efficient when mining proof of work (PoW) coins and the new chips will be installed in the latest Antminer series of […]

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Japan’s GMO Quits Manufacturing and Selling Mining Machines

Japan's GMO Quits Manufacturing and Selling Mining MachinesJapanese internet giant GMO has announced that it will no longer develop, manufacture, and sell cryptocurrency mining machines. The company will, however, continue to mine in-house but will relocate its mining center to a region with cleaner and less expensive energy. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations Exiting the […]

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Japanese Internet Giant GMO Postpones Shipments of 7nm Bitcoin Mining Equipment

Japanese Internet Giant GMO Postpones Shipments of 7nm Bitcoin Mining EquipmentJapan’s GMO Internet has postponed the shipments of its two lines of 7nm bitcoin mining rigs. A representative of the company has clarified the situation to news.Bitcoin.com, noting that some refunds have already been issued. In addition, the company is planning to relocate its mining operations. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space […]

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Bitmain’s New 7nm Antminer Goes on Sale on November 8

Bitmain Reveals 7nm Equipped Antminer Sale Begins Nov. 8Mining rig manufacturer Bitmain Technologies has announced the company’s latest Antminers equipped with 7nm semiconductors will go on sale on Nov. 8. According to the China-based organization, Bitmain will release two new models called the Antminer S15 and the T15. Also Read: Bitcoin Cash Fork Watch: BCH Infrastructure Providers Reveal Contingency Plans  Bitmain Plans to Sell […]

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Samsung Begins 7nm Chip Production, Easing Miner Demand for Improved Semiconductors

While Miners Increase Semiconductor Demand, Samsung Reveals 7nm Chip ProductionAfter delivering 10nm semiconductor technology, the electronics giant Samsung has announced the firm’s foundry has started production of its EUV-based 7nm LPP process. Lately, Bitcoin mining rig manufacturers have added more pressure to the significant global demand for high-performance chips. At the moment there are only a couple of foundries producing them. Also Read: Bitmain Offers […]

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Squire Mining Discloses Next-Generation ASIC Chips Will Be Made by Samsung

Squire Mining Discloses Next-Generation ASIC Chips Will Be Made by SamsungThis week the firm Squire Mining, a company that plans to offer next-generation 10nm ASIC chips, has revealed it is working with Samsung Electronics as its foundry partner. With help from Samsung’s foundry, Squire, and a company called Gaonchips, plan to complete its ASIC chip FPGA prototype by September 30, 2018. Also read: Ebang Announces 44 […]

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Ebang Announces 44 Terahash E-11 Miners With 10nm Chips

Ebang Announces 44 Terahash E-11 Miners With 10nm ChipsThe China-based Ebang Communication, one of the largest ASIC mining chip makers in the region has announced a new series of mining rigs this week at the World Digital Mining Summit in Tbilisi, Georgia. Ebang has revealed three new bitcoin mining rigs for its Ebit Miner E-11 series that claims to boast hashrate speeds between […]

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Bitmain Announces Next-Generation Antminer Equipped With 7nm Chip

Bitmain Announces Next-Generation Antminer Equipped With 7nm ChipAt the World Digital Mining Summit in Tbilisi, Georgia the blockchain firm and mining manufacturer, Bitmain Technologies, announced a new Antminer will be launched soon equipped with 7nm semiconductor technology. The firm’s CEO Jihan Wu reported that Bitmain’s next-generation ASIC BM1391 Finfet chip integrates more than a billion transistors for optimal SHA256 mining performance. Also Read: Japanese […]

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Pangolin Miner Claims 16nm ASIC Miner Will Compete With 7nm Machines

Pangolin Miner Claims 16nm ASIC Miner Will Compete With 7nm MachinesOver the last few weeks, we’ve been reporting on the wide variety of new cryptocurrency miners entering the digital asset economy. Some of these newly created miners are bringing faster processing power and more optimized chips, while others have even built mining rigs that tether to a water-cooling system. Now another new SHA-256 mining rig […]

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Another Japanese Company Developing 7nm Bitcoin Mining Equipment

Another Japanese Company Developing 7nm Bitcoin Mining EquipmentBesides GMO Internet, another Japanese company is working on producing 7nm mining equipment. Triple-1 has been working on its 7nm bitcoin mining chips and expects to start shipping the equipment in November, shortly after GMO expects to start shipping its 7nm miners. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Developing 7nm Mining Equipment […]

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SHA-256 Mining Hashrate Climbs Significantly in One Year

SHA-256 Mining Hashrate Climbs Significantly in One YearOver the last year, SHA-256 mining, the process that’s used to find blocks on both the Bitcoin Cash (BCH) and Bitcoin Core (BTC) networks, alongside a slew of other cryptocurrencies, has grown exponentially. Digital asset trading markets have been in a slump over the last eight months of 2018, but the bearish sentiment has not […]

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Canaan Unveils 7nm Chip Equipped Miner at Press Conference

Canaan Unveils 7nm Chip Equipped Miner at Press ConferenceAt a recent press conference, the world’s second largest manufacturer of bitcoin mining rigs, Canaan Creative, revealed four new products. In addition to the recently reported bitcoin mining television set, the company will launch a 7nm chip-equipped 30T Avalonminer A9, a Litecoin Avalonminer, and a household heater miner. Also Read: Bitmain Offers Wi-Fi Routers Mining Cryptocurrencies […]

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Japanese Internet Giant GMO Boosts Own Bitcoin Mining Output With 7nm Rigs

Japanese Internet Giant GMO Boosts Own Bitcoin Mining Output With 7nm RigsJapan’s internet giant GMO has released the latest results of its cryptocurrency mining operation. The company has also started using 7nm rigs for its in-house mining business. News.Bitcoin.com talked to a GMO spokesperson to find out more details. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space 1906 BTC and 636 BCH Mined GMO has released its mining […]

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Japan’s Internet Giant GMO Launches New Upgraded 7nm Bitcoin Miner

Japan’s Internet Giant GMO Launches New Upgraded 7nm Bitcoin MinerJapanese internet giant GMO has launched a new, upgraded model of its bitcoin miner equipped with 7nm ASIC mining chips. The previous model was sold out. The new model can achieve a higher hash rate and has a “hash power optimization function.” It is for sale at the same price as the previous model. Also […]

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Japan’s GMO Unveils Specs and Price of 7nm Bitcoin Mining Rigs – On Sale Tomorrow

Japan's GMO Unveils Specs and Price of 7nm Bitcoin Mining Rigs - On Sale TomorrowJapan’s GMO Internet has unveiled the price and specs of the GMO miner B2 equipped with 7nm ASIC mining chips. The mining capacity is 24 TH/s and the price of the machines will be adjusted monthly according to demand. Using GMO’s mining rigs, the power consumption can be reduced up to 20% and the cost […]

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The Exahash Era: SHA-256 Mining is a Significant Achievement in Computer Engineering

The Exahash Era: SHA-256 Mining is a Significant Achievement in Computer EngineeringThe cryptocurrency economy is nearing the end of 2018’s fifth month after a spectacular year of bullish prices throughout 2017. The past five months have been incredibly bearish as far as market values are concerned but the processing power of digital assets, particularly SHA-256 cryptocurrencies, continues to increase exponentially. Today SHA-256 miners makeup on of […]

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Date Set: Japan’s Internet Giant GMO Will Launch 7nm Bitcoin Miner on June 6

Date Set: Japan's Internet Giant GMO Will Launch 7nm Bitcoin Miner on June 6Japan’s GMO Internet announced that it will unveil its flagship bitcoin mining machine, called GMO miner B2, equipped with the 7nm chips on June 6. Interested customers can register now for the upcoming information session. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Launching on June 6 The wait for 7nm bitcoin mining products […]

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