ASUS to Announce New Mining Motherboard

Device is called ASUS H370 Mining Master and is designed to support up to 20 GPUs
31 May 2018   831

The company Asus has introduced a new motherboard, designed specifically for cryptocurrency miners. This is reported on the company's website.

The H370 Mining Master motherboard is an updated version of the B250 Mining Expert, presented last year, containing 19 PCI-Express slots. The main feature of the newer device is support for up to 20 video cards.

ASUS H370 Mining Master Motherboard
ASUS H370 Mining Master Motherboard

According to representatives of the company Asus, a new hardware will be available in the third quarter of this year. The price of the device is still unknown.

The H370 Mining Master is equipped with a built-in monitoring system for the status of the connected video cards. For memory, there are two slots in which you can install up to 32 GB of DDR4 2666 memory. The board's hardware includes two SATA 6 Gbps ports, six USB 3.1 ports and four USB 2.0, and one Gigabit Ethernet.

The new product will be presented to the public next week in Taiwan during the Computex 2018 event.

Bitmain May Earn Less Than Expected

Twitter users reports that Jihan Wu's team lowered the company's 2018 projected revenue from $ 8 billion to $ 3 billion
21 August 2018   101

A Twitter user BTCKING555 reported that his sources inside Bitmain, the largest manufacturer of mining equipment, say that Jihan Wu's team lowered the company's 2018 projected revenue from $ 8 billion to $ 3 billion.

BTCKING555 Twitter
BTCKING555 Twitter

At the same time he @'ed the strategic director of Blockstream Samson Mow and the famous crypto-enthusiast Whale Panda, who shared this information. It is noteworthy that Mow wrote that his sources confirm the statement of BTCKING555.

Samson Mow Twitter
Samson Mow Twitter

BTCKING555 also noted potential investors of Bitmain on the upcoming IPO - Sequoia Capital, IDG Capital and Temasek.

It was previously reported that losses in the second quarter of Bitmain could amount to $ 1 billion due to the large position of Bitcoin Cash and the Antminer S9 price drop.

Also, Japanese media corporation SoftBank denied information about its participation in financing Bitmain before the IPO.