ASIC Mining


Finance

Blockstream Preps New Sale of Notes Designed to Profit From Rebounding BTC Mining-Rig Prices

Blockstream's BASIC note is a bitcoin-denominated investment vehicle to accrue gains from the price of ASIC mining equipment, which Blockstream anticipates will rise post-halving.

ASIC Miners (Sandali Handagama/CoinDesk)

Markets

Greenidge Buying 8,300 Bitcoin Mining Rigs From New Partner Foundry

The agreement will add 800 petahash to Foundry USA mining pool's computing power, the companies said in a joint statement.

Greenidge Mining center

Finance

Canaan Forecasts Second-Quarter Revenue as High as $250M

The mining equipment maker said total shipments for the second quarter would either maintain or surpass Q1 2021.

mining

Tech

Linzhi Begins Rollout of Long-Awaited Ethereum Miner 'Phoenix'

Linzhi’s “Phoenix” Ethereum ASIC miner is three times more powerful than other machines on the market, as well as more energy efficient.

Krasyuk/iStock/Getty Images Plus

Markets

Bitmain's Jihan Wu: ASICs Are Making Ethereum More Decentralized

The Bitmain co-founder says ASIC miners are making blockchains more decentralized and ethereum's ProgPow proposal could still be "ASICable."

Wu Jihan

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