Hi. I bought a used Bitmain Antminer S9 and am trying to configure it. It runs fine but the red fault light comes on and only the center hash board's red light is illuminated. I have tried rebooting it and restoring it to the original settings to no avail. Please help!
Cryptocurrency has fallen flat on its face in 2018 and the demand for the machines that drove its rise to power has waned. This has caused foundry partners of the ASIC mining manufacturers to become conservative in their outlook for 2019. TSMC lowered its revenue projections for mining ASICs as...
ASIC hardware manufacturer Bitmain has released its ASIC for Ethash according to an article last week from HotHardware. Two weeks ago we wrote how Bitmain was planning to roll out an ASIC for Ethereum, and the impact that the rumor had on AMD stock. The new Antminer E3 is available for pre-order...
A report today from Smarter Analyst states that Susquehanna analyst Christopher Rolland is downgrading AMD stock to negative from neutral, with a $7.50 price target. The reason for the downgrade? Bitmain is planning to roll out a new ASIC miner for Ethereum, each having 3 motherboards, and each...
According to Bernstein semiconductor team analysts, Bitmain, a manufacturer of cryptomining equipment, may have made as much as $4B in operating profit last year. Compare this to Nvidia and their $3B in operating profit last year. Bitmain has gone from a small time, unknown operation, to a...
Bitmain claims to have built at least 70 percent of the computers on the Bitcoin network and now they want to leverage their technology to build AI chips and computers. Their new AI chip will be specialized in both training and executing deep learning algorithms. As a matter of fact they say...