Chip Making Giant TSMC Reports Significant Drop in Crypto Mining Revenue

Chip manufacturing giant Taiwan Semiconductor Manufacturing (TSMC) reported a sizeable drop in its crypto mining-related revenue in 2018. The news was revealed in the company’s Q4 2018 financial results, published Jan. 17, together with an earnings call transcript. TSMC has not disclosed specific data for its crypto mining business — […]

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Public Gets Chance to Earn Block Rewards by Donating Computing Power to Scientific Research

A startup has unveiled bold plans to tackle the excessive levels of energy consumption seen in cryptocurrency mining, all while giving everyday computer users more of a chance to receive block rewards. Resistance argues that proof-of-work mining “has been hijacked by huge mining farms using tons of energy to take […]

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Bitcoin Mining Giant Canaan Looking into a U.S. IPO | BTCMANAGER

Canaan, the second-biggest maker of Bitcoin mining hardware in China, is considering listing in the U.S. after shelving plans for a Hong Kong initial public offering, Bloomberg reported on January 8, 2019. Listing in the U.S. after Abandoning Hong Kong IPO China’s second-biggest manufacturer of Bitcoin mining hardware is reportedly […]

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Bitcoin Mining Chips Manufacturer Canaan Knocks the U.S. Door for an IPO

Photo: Canaan China-based Canaan Creative, the world’s second-largest manufacturer of crypto mining hardware is considering to launch its IPO. According to the Bloomberg report, Canaan will launch its Initial Public Offering (IPO) in the United States, instead of China. People familiar with the matter said that the IPO launch will […]

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Report: Bitcoin Mining Equipment Manufacturer Canaan is Considering U.S. IPO

China’s number-two Bitcoin mining equipment manufacturer, Canaan, is reportedly considering an initial public offering (IPO) in the United States. The new development comes after the company shelved plans to go public in Hong Kong just a few months ago. Although an IPO would be a great way for Bitcoin mining […]

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