Bitmain Fights Rumors by Launching New ASIC Chip

As Bitmain’s IPO date approaches, negative news involving the company could add up. The CEO of Bitmain, Jihan Wu, countered the pessimism by launching a brand new “algorithm acceleration chip.” Bitmain’s Anonymous Detractors After the news that Bitmain’s earnings over the course of Q2 didn’t turn out according to plan, someone who claims to be an insider […]

Continue Reading

Bitmain Activates Controversial ‘AsicBoost’ for Antpool

New evidence suggests that Bitmain controlled AntPool has activated a controversial hack on its mining operations. The AsicBoost hack supposedly gives a 20% efficiency boost when mining. The Big Reveal Tracking website, AsicBoost Block Explorer, identified that block #530042 was indeed mined by AntPool using the technology. In fact, roughly 4% of blocks mined in the past week […]

Continue Reading