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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 […]

Coinbase Says There Are Five Key Areas of the Crypto Market To Watch in 2025

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 […]

Coinbase Says There Are Five Key Areas of the Crypto Market To Watch in 2025

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 […]

Coinbase Says There Are Five Key Areas of the Crypto Market To Watch in 2025

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 […]

Coinbase Says There Are Five Key Areas of the Crypto Market To Watch in 2025