Mining Firm Bitfury Debuts New ASIC Chip

Bitfury has announced the release of a new Application-Specific Integrated Circuit (ASIC) chip, as well as a new generation of its Bitcoin mining hardware. The Bitcoin mining firm plans to integrate its new offerings across many of its data centers around the globe. Bitfury’s New Catalog of Bitcoin Mining Hardware The company announced the launch […]

Continue Reading

Bitmain Monopoly is Showing Cracks, According to Analysts

The top cryptocurrency mining company might be losing its edge as demand for its products is under pressure and competition grows stronger, according to analysts. “The Competitiveness of Bitmain’s Chips is in Question” A recent report of analysts led by Mark Li at Bernstein holds that the Beijing-based mining company, which was co-founded by the […]

Continue Reading