• bitcoinBTC$%
  • ethereumETH$%
  • litecoinLTC$%
  • rippleXRP$%
  • bitcoin-cashBCH$%
  • moneroXMR$%
  • dashDASH$%
  • eosEOS$%
  • zcashZEC$%
  • cardanoADA$%
  • neoNEO$%
  • binanceBNB$%
  • stellarXLM$%
  • iotaMIOTA$%

ASIC

 


ASIC is an acronym for “Application Specific Integrated Circuit”. ASICs are silicon chips specifically designed to do a single task. In the case of bitcoin, they are designed to process SHA-256 hashing problems to mine new bitcoins.

Jihan Wu Regains Control Of China Bitcoin Miner Making Giant Bitmain
Jihan Wu has regained his status as legal representative and executive director of Bitmain stripping Micree Zhan of broad controlling powers.
Bitmain Business Booming Despite Public Feud Between Co-Founders Jihan Wu and Micree Ketuan Zhan
Bitcoin mining giant Bitmain, continues to grow despite the public feud of its co-founders Jihan Wu and MicreeKetuan Zhan dominating the news over the last year.
Crypto Miners Allege Chinese Bitcoin Mining Giant Delivered "Defective" Product
Ahead of Bitcoin’s much-awaited halving event on May 12, a group of miners alleged Bitmain’s latest “Antminer” deliveries were defective and led to losses for investors.
Coronavirus Measures in China Delay Crypto Hardware for MicroBT and Bitmain Customers
The coronavirus is causing mass disruption throughout Asia and has now been declared a ‘global health emergency’ by the World Health Organisation. The Chinese government have taken drastic isolation measures and over 40 million people are effectively on lockdown. Two major crypto hardware manufacturers have been having difficulties servicing clients from their bases in China.

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