Bitcoin mining company Compass Mining claims to have found “three issues” in the ASIC design of the two new Antminer S19 miners, units that are primarily used to mine Bitcoin (BTC). These issues could...
Tag: ASIC
Compass Mining Alerts Bitcoin Miners of Changes in Bitmain’s ASIC Design – Mining Bitcoin News
Compass Mining, a bitcoin mining firm, published a blog post stating that Bitmain, the company behind the application-specific integrated circuit (ASIC) mining rig, has made changes to its design. The...
Bitcoin ASIC manufacturer Canaan saw 82% revenue drop in Q4
According to a new filing with the U.S. Securities and Exchange Commission on Mar. 7, Canaan, a Chinese Bitcoin (BTC) miner and manufacturer of application-specific integrated circuit (ASIC) mining ma...
ASIC Opens Investigation into Binance Over Closed Accounts
The investigation is notably hinged on the “classification of retail clients and wholesale clients“ in what it said will be a targeted review. The Australian Securities and Investments Commission (ASI...
Mawson Infrastructure Group Inc. Relocating 5,376 ASIC Miners to Pennsylvania Sites
Closes Australian ‘Condong’ Site and redeploying 8 x 2.5 MW Mobile Data Centers for Deployment in Q2, 2023 Strategic decision to focus entirely on the United States and to continue the execution of it...
Bitcoin Miners Celebrate 10 Years Since First ASIC
The Bitcoin mining industry reached a significant milestone today as it celebrates ten years since the launch of the first application-specific integrated circuit (ASIC). This specialized BTC mining h...
Australia’s ASIC aired concerns about FTX ‘eight months’ before its collapse
Australia’s financial regulator raised concerns about FTX’s local subsidiary up to eight months before the exchange’s collapse Approx. 30,000 Australian customers and 132 businesses are owed money or ...
ASIC financing debt worsened Bitcoin miner’s liabilities in 2022: Report
Bitcoin miners faced difficulties paying off debt in 2022, particularly when they had high-interest equipment financing loans, according to a recent report by Hashrate Index. The report stated. “We ...
BiXBiT Hosts Bug Bounty Program, Win USDT and a Custom ASIC
BiXBiT Dev is hosting a bug bounty program for its AMS and custom firmware. Participants can earn rewards for finding bugs, leaving detailed reviews, or inviting other miners. The program will last fr...
Hive Blockchain deploys Intel powered HIVE BuzzMiner ASIC
Stock price of Bitcoin (BTC) mining company Hive Blockchain Technologies (HIVE) has surged tremendously since the start of this year. Also, the miner also stated about the deployment of new mining ins...
Bitcoin Miner Argo Blockchain Sells Helios Facility to Galaxy Digital for $65 Million, Galaxy to Host Argo’s ASIC Fleet in Texas – Coinotizia
After the publicly-listed bitcoin mining firm Argo Blockchain suspended trading on Nasdaq and the London Stock Exchange, the company said it would follow up the next day with an announcement. The foll...
Bitcoin Miner Argo Blockchain Sells Helios Facility to Galaxy Digital for $65 Million, Galaxy to Host Argo’s ASIC Fleet in Texas – Mining Bitcoin News
After the publicly-listed bitcoin mining firm Argo Blockchain suspended trading on Nasdaq and the London Stock Exchange, the company said it would follow up the next day with an announcement. The foll...
BTC ASIC miner Prices Hits Lowest Since 2020
ASIC miner is now available at a very low price for specialized mining equipment. Tier-I, Tier-II and Tier-III ASIC machines are available at 86.82%, 89.36% and 91% discounts, respectively. The disco...
Bitcoin ASIC miners’ price hits lowest levels in years
Bitcoin ASIC miners’ prices have dropped by more than 80% since late 2021. While asset prices decline, the mining scene is flooded by rigs. Bitcoin ASIC mining rigs price The price of bitcoin ASIC mi...
Bitcoin ASIC miners prices plummet by 80%
Bitcoin ASIC miners used by miners to produce Bitcoin are now witnessing a massive price decline. According to several reports, the mining equipment is presently selling at figures that it last sold l...
Bitcoin ASIC miner prices hovering at lows not seen in years
Bitcoin ASIC miners — machines optimized for the sole purpose of mining Bitcoin — are currently selling at bottom-of-the-barrel prices not seen since 2020 and 2021, in what is being viewed as another ...
Russia: An increased demand for ASIC chips in the country could mean this
Russia’s cryptocurrency mining bill to legalize crypto mining and the sale of mined crypto could be approved by January The demand for ASIC chips has increased among Russian crypto mining hardware dis...
Finder Wallet to Face Legal Actions Filed by the ASIC
Recently an Australian financial regulator reported to take legal action against a crypto yield product start-up. The Australian Securities and Investments Commission (ASIC) sued Finder Wallet, the su...
ASIC commences penalty against 22-359MR Finder Wallet
ASIC has filed a lawsuit against Finder Wallet after it is found offering unlicensed products to its customers. Other allegations surrounding Finder Wallet are that the platform has breached the condu...
ASIC sues Finder Wallet for providing “unlicensed” financial services
ASIC has filed civil penalty lawsuits in the Federal Court against Finder Wallet Pty Ltd, a division of comparison website Finder.com, alleging that it provided financial services without a license, v...
Australian regulator sues Finder Wallet for ‘unlicensed’ financial services
Australia’s financial watchdog sued Finder Wallet, a subsidiary of comparison website Finder.com, over a crypto-linked yield product. The Australian Securities and Investment Commission (ASIC) s...
Discounted Crypto Mining ASIC Demand in Russia Skyrockets
Demand for discounted ASIC crypto mining equipment saw a massive boost in Russia in Q4, and the country’s cheap electricity rates played a critical role. Nonetheless, the global outlook for miners is ...
Stash of ASIC devices by Crypto Miners in Russia Amid Dip
The Recent Scenario Russia’s cryptocurrency miners are going against the wave of the ongoing crisis of crypto mining as the supply of mining hardware is lagging behind as seen in the fourth quarter...
Crypto miners in Russia capitalize on the bear market by hoarding ASIC devices
Cryptocurrency miners in Russia appear to be unbothered by the ongoing crisis of crypto mining as the local demand for mining hardware has reportedly been on the surge in Q4 2022. Some crypto mining h...
Bitcoin Hash Rate Slump Likely to Impact ASIC Prices
BTC prices are not the only thing in decline at the moment. Following recent record highs, the Bitcoin hash rate is also decreasing sharply. The Bitcoin hash rate has declined by around 14% since its ...
ASIC Targets Qoin Cryptocurrency, Alleges It Made False Statements
The Australian Securities and Investment Commission (ASIC) is suing the Gold Coast-based digital currency Qoin. In court documents, the financial watchdog alleges that the crypto platform made either ...
Bitcoin miner Iris Energy unplugs hardware collateralizing over $100 million in loans
Bitcoin miner Iris Energy has unplugged a large majority of its miners in response to a default notice on about $107.8 million in loans they were securing. However, the company said that its dat...
Details: ASIC suspends FTX operations in Australia with conditions
The Australian Securities and Investments Commission (ASIC), has suspended the FTX Pty LTD operating license effective November 16th. the news comes after the company filed for bankruptcy protection i...
Australia’s ASIC cautions users against crypto-scams with new advisory
Australia’s market regulator, the Australian Securities and Investments Commission (ASIC), has released a list of the top-10 ways to spot a cryptocurrency scam. The advisory came amidst a steep rise i...
ASIC Suggest Ways to Avoid Crypto Scams
ASIC suggested 10 ways to identify crypto scams. Since the last few months, crypto scams have rapidly increased, and reliable data states that approximately 100+ hacks occurred in the cryp...
‘Do not delay’ — ASIC warns Aussies to look for 10 signs of a crypto scam
Australia’s market regulator has released a list of the “top-10 ways to spot a crypto scam,” amid a detected rise in crypto-related investment scams this year. The Australian Securities and Investment...
Australia’s ASIC Charges Crypto Firm With Misleading Claims
4 hours ago | 2 mins read Altcoin News Qoin was founded by Raj Pathak and Tony Weise in 2020. ASIC claims the firm misrepresented the regulatory approval of Qoin Facility in Australia. Authorities in ...