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Bitmain's first product was the Antminer S1 which is an ASIC bitcoin miner making 180 gigahashes per second (GH/s) while using 80–200 watts of power. [8] Bitmain as of 2018 had 11 mining farms operating in China. [7] Bitmain was involved in the 2018 Bitcoin Cash split, siding with Bitcoin Cash ABC alongside Roger Ver. [9]
ASIC based bitcoin miners [citation needed] Circle: 2013 United States: Boston: wallet provider [citation needed] Coinbase: 2012 United States: No headquarters [4] [b] wallet provider, bitcoin exchange [citation needed] Coincheck: 2014 Japan: Tokyo: bitcoin/ether exchange, wallet provider, payment service provider, donation-based bitcoin ...
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A tray of application-specific integrated circuit (ASIC) chips A packet processing ASIC inside an Ethernet switch An application-specific integrated circuit ( ASIC / ˈ eɪ s ɪ k / ) is an integrated circuit (IC) chip customized for a particular use, rather than intended for general-purpose use, such as a chip designed to run in a digital ...
GPU mining is the use of Graphics Processing Units (GPUs) to "mine" proof-of-work cryptocurrencies, such as Bitcoin. [1] Miners receive rewards for performing computationally intensive work, such as calculating hashes, that amend and verify transactions on an open and decentralized ledger.
Aims to be ASIC resistant. 2015 Ethereum: ETH, Ξ Vitalik Buterin [50] Ethash [51] C++, Go [52] PoW, PoS: Supports Turing-complete smart contracts. 2015 Ethereum Classic: ETC EtcHash/Thanos [53] PoW: An alternative version of Ethereum [54] whose blockchain does not include the DAO hard fork. [55] Supports Turing-complete smart contracts. 2015 ...
In April 2002 Cadence acquired Simplex Solutions, an ASIC design services company. [4] Alchip was founded six months later by Kinying Kwan and other former Simplex employees as a fabless ASIC supplier. Simplex Solutions had designed the graphics ASIC for Sony's PlayStation 2 game console. [5] Sony became an important customer of Alchip as well.
Jihan Wu (Chinese: 吳忌寒; born 1986) is a Chinese billionaire cryptocurrency entrepreneur. Together with Micree Zhan, he co-founded Bitmain in 2013, which has become the world's largest computer chip company for bitcoin mining, with US$2.5 billion in revenue in 2017.