Over the past three years, bitcoin mining gear has evolved dramatically—from machines cranking out massive …
Tag:
ASIC
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Scams
ASIC Sues Former Blockchain Global Exec Over $20M in Unpaid Customer Claims
by shayaanby shayaanIn brief ASIC has filed civil charges against former Blockchain Global director Liang Guo over …
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Mining
Auradine Expands Bitcoin Mining Solutions with Advanced ASIC Chips, Cooling Systems, and Modular Megawatt Containers
by shayaanby shayaanAuradine Inc., a U.S.-based Bitcoin miner manufacturer, today announced it is unveiling a broadened portfolio …
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Mining
Blockstream Spins out Mining and ASIC Divisions in Major Restructuring Effort
by shayaanby shayaanThe bitcoin-focused technology firm closed a $210 million funding round led by Fulgur Ventures last …
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Mining
Bitdeer invests 60 million dollars to enhance ASIC production for Bitcoin mining in a context of record hashrate
by shayaanby shayaanThe cryptocurrency mining company Bitdeer has recently secured a funding of 60 million dollars with …
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Mining
Trump Sons Take 20% Stake in US Mining Venture With 61,000 ASIC Rigs and Big Ambitions
by shayaanby shayaanEric Trump and Donald Trump Jr., progeny of U.S. President Donald Trump, have embarked on …
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Mining
Bitdeer Posts $531.9M Q4 Loss Amid Heavy ASIC Investments, Eyes 40 EH/s Hashrate Target
by shayaanby shayaanBitdeer Technologies Group reported a $531.9 million net loss for Q4 2024 as it invested …
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Mining
Bitdeer Stock Drops 20% as ASIC Development Leads to Half a Billion Loss
by shayaanby shayaanThe Singapore-based Bitcoin miner Bitdeer saw its stock drop on Tuesday, after disclosing a fourth-quarter …
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By early 2025, Russia’s Bitcoin mining capacity had topped 11 GW, but only around 3 …
