A New Semiconductor Manufacturing Competitor Has Entered the ASIC Bitcoin Min...
While companies like Microbt, Bitmain, Innosilicon, Strongu, Ebang, and Canaan have ruled the roost in terms of manufacturing application-specific integrated circuit (ASIC) bitcoin miners, a new challenger has entered the competition. A relatively unknown integrated technology firm called AGM Group Holdings has seen a lot of ASIC sales and partnerships in recent times. A Relatively Unknown Semiconductor Firm Has Been Revealing Large Bitcoin Mining Rig Purchase Orders 2021 has seen record sales, in terms of ASIC mining rigs sold by bitcoin mining rig manufacturers like Microbt,....
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While Bitcoin’s hashrate has been coasting along above 175 exahash per second (EH/s) and recently reached an all-time high, a global shortage of semiconductor chips could slow the growing industry. The shortfall of supply worldwide has disrupted major industries, and manufacturers like Taiwan Semiconductor Manufacturing Company Limited (TSMC) have seen stocks sink in value. At the same time, application-specific integrated circuit (ASIC) manufacturers are dependent on these chips. Ongoing Semiconductor Shortage Creates Skyrocketing Demand, US Bureaucrats Want to Strengthen American....
Bitmain, one of the largest application-specific integrated circuit (ASIC) manufacturers in the world, is reportedly working with the Taiwan Semiconductor Manufacturing Company (TSMC) in order to leverage TSMC’s 5nm semiconductors. Industry sources say that the 5nm chips being created for Bitmain will start production in the third quarter. Chip Maker TSMC Reportedly Producing Semiconductors for the Mining Rig Manufacturer Bitmain Faster bitcoin mining rigs manufactured by Bitmain may be coming at the end of 2021 or possibly next year. A recent report published by digitimes.com says....
Bitmain, the bitcoin mining ASIC provider, announced today that it has launched its fourth-generation ASIC, the BM1385. This chip, the company claims, can generate a 45 percent increase in hashrate while needing 50 percent less electricity than its former chip, the BM1384. "The problem at the heart of designing chips for bitcoin mining is the careful balance of performance with electrical consumption. With lower power consumption, miners have lower electricity bills, or they can increase their hashrate without increasing their power expense," said a Bitmain chip designer in a statement.....
China, September 29, 2021 – AGM Group Holdings Inc. (“AGMH”) (NASDAQ: AGMH), an integrated technology company focused on advanced blockchain chip solutions, fintech software services, and crypto-miner production, announced that it has entered an initial six-month strategic cooperation agreement with HighSharp Electronic Technology Co., Ltd, an integrated circuit designer providing advanced semiconductor solutions for supercomputing hardware. AGM Holdings & HighSharp: A Partnership That Can Build Revenue Growth The terms of the HighSharp partnership will enable AGMH to use the latest....
Semiconductor pioneer and experienced venture capitalist Pierre Lamond has thrown in some investment funds into San Jose-based PeerNova, according to a Tuesday announcement. Financial terms of the pre-Series A investment were not disclosed, and this isn't the first investment the company has received this year. Back in July, the company had announced that cyber-security expert Ashar Aziz has also made an investment, and the financial terms of that were also not announced publicly. And while we hear about investments in the bitcoin sector much more frequently now than, say, a year ago,....