Category: Bitcoin Mining Rigs

Bitcoin Miners May Face Major Semiconductor Shortage — Sub-16 Nanometer Chip Costs To Rise By 20%

Fears of a major semiconductor chip shortage have started to make headlines again as the chips power nearly everything from new cars, phones, computers, and a myriad of other items.…

Canaan Expects $250M Revenue In Q2 — Yields And Mining Rig Deliveries To ‘Increase Substantially’

The mining rig manufacturer Canaan saw steady profits during the Q1 after reporting its unaudited first quarter 2021 financial results on Tuesday. Canaan noted that it expects to at least…

BTC Mining Devices ‘Out Of Stock’ Worldwide- 6 Chinese Mining Rig Makers Dominate The ASIC Industry In 2021

While bitcoin prices have slid in value and the high network difficulty, the leading crypto asset is still quite profitable to mine according to current data. Despite the profitability, these…