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Bitcoin Miner Bitdeer Expands With Acquisition of ASIC Designer Desiweminer

Bitcoin Miner Bitdeer Expands With Acquisition of ASIC Designer DesiweminerBitdeer Technologies Group announced its acquisition of Desiweminer, a noted player in the crypto ASIC design landscape. The agreement, finalized on June 3, 2024, involves the exchange of 20 million Bitdeer shares and introduces stringent transfer restrictions, with a vesting period extending up to seven years. Bitdeer and Desiweminer Join Forces in Multimillion-Share Acquisition Deal […]

Sky, formerly Maker, launches USDS stablecoin on Solana

Chip Giant Intel Abandons Bitcoin ASIC Production

Chip Giant Intel Abandons Bitcoin ASIC ProductionAfter announcing the production of bitcoin application-specific integrated circuits (ASICs), Intel, the world’s largest semiconductor chip manufacturer by revenue, appears to be abandoning its blockchain chip production. On Tuesday, a spokesperson for the chip manufacturer explained that Intel has “end-of-lifed the Intel Blockscale 1000 Series ASIC.” Intel Spokesperson Discloses Company Has End-of-Lifed the Blockscale 1000 […]

Sky, formerly Maker, launches USDS stablecoin on Solana

Bitcoin Miner Hive to Purchase Intel Mining Chips, Firm Reveals a 100 MW Deployment Deal in Texas

Bitcoin Miner Hive to Purchase Intel Mining Chips, Firm Reveals a 100 MW Deployment Deal in TexasOn March 7, the publicly-listed mining firm Hive Blockchain Technologies announced the company inked a deal with Intel to purchase new ASIC mining chips. Additionally, Hive has formed an agreement with an original design manufacturer (ODM) and a non-binding letter of intent with Compute North. Hive said the company plans to deploy 100 MW of […]

Sky, formerly Maker, launches USDS stablecoin on Solana

A New Semiconductor Manufacturing Competitor Has Entered the ASIC Bitcoin Mining Rig Industry

A New Semiconductor Manufacturing Competitor Has Entered the ASIC Bitcoin Mining Rig IndustryWhile 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 […]

Sky, formerly Maker, launches USDS stablecoin on Solana