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Tag Archives: Miner

Gaming Hardware Firm Razer Launches Token-Based Loyalty System and Desktop Miner

United States-based gaming hardware manufacturer Razer has redesigned its native virtual currencies and loyalty system and launched a desktop mining app, according to a blog post published on Dec. 12. Founded in 2005, Razer has become a leading gaming hardware and software manufacturer in the U.S., Europe, and China. The company’s software platform reportedly has more than 50 million users. ...

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Bitcoin Miner Makes Bold Statement About ‘Bright’ Future After Market Rout

Bitcoin miner Argo Blockchain, a UK-listed company, has today sought to soothe shareholder unrest following a steep decline over the last month in the price of bitcoin and other cryptocurrencies, including Ripple’s XRP, ethereum’s ether, and stellar lumens. Bitcoin is down some 38% over the last month as sell-off sparked by a fork in the bitcoin cash cryptocurrency led to investors bailing ...

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Nvidia Q3 Results Reveal ‘Crypto Hangover’ Due to Disappearance of Miner Sales

Nvidia released its earnings report for the third quarter (Q3) of 2018 today, Nov. 15, revealing that demand for Nvidia’s graphics processing units (GPUs) among crypto miners has dried up. In the financial results report, founder and CEO of Nvidia Jensen Huang said that the company’s “near-term results reflect excess channel inventory post the cryptocurrency boom, which will be corrected.” ...

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Application for Chinese Crypto Miner Canaan’s $400 Mln IPO Lapses

Cryptocurrency mining equipment producer Canaan’s Initial Public Offering (IPO) application has lapsed, Reuters reported Nov. 15. The offering was set to take place on the Hong Kong Stock Exchange (HKEX). Founded in 2013 in China, Canaan manufactures application-specific integrated circuits (ASICs) for digital currency mining. Canaan is the world’s second largest cryptocurrency hardware maker, collecting a revenue of 1.3 billion ...

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Spondoolies New Miner Signals Rising Confidence in Dash Longevity

A couple months ago, Spondoolies released their new SPx36 ASIC miner for Dash’s X11 algorithm, which its sheer power of 540 GH/s at 4400Watts per Miner and cost of $15,500.00 USD signals rising consumer and investor confidence in Dash. Dash Force News chatted with Dash community member @DarkWater who did some very in-depth analysis of the new miner, its power, ...

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Google CEO Sundar Pichai Says His Son is an Ethereum Miner

Twitter Facebook LinkedIn Google co-founder Sergey Brin and CEO Sundar Pichai have a lot more in common than just their jobs. Both tech billionaires have crypto-savvy young sons who mine ethereum. Pichai said his 11-year-old son mines ethereum on a home computer that Pichai built himself, according to Business Insider. He made the amusing revelation at the New York Times DealBook conference this ...

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Miner Manufacturer IPO Halts Due to Alleged Illicit Finance Practices

Investigators have reportedly halted the public listing process of cryptocurrency mining machine manufacturer Ebang International on the Hong Kong Stock Exchange (HKEx), local financial news outlet Sina Finance reported Oct. 14. According to reports, the move was prompted by the firm’s alleged involvement in illicit financial practices. Ebang International operates in the field of Application-Specific Integrated Circuit (ASIC) chip design ...

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Spanish Bitcoin Miner Plans 300 MW Solar Plant with Panels from China

Cryptosolartech, a Spanish cryptocurrency mining firm that uses renewable energy for its operations, has contracted a Chinese maker of photovoltaic solar panels to put up a solar farm with a production capacity of 300 MW. Risen Energy Spain, the Spanish subsidiary of Chinese firm Risen Energy, is partnering with Cryptosolartech to build the solar farm in the Southern European country ...

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