Bitmain Plans to Build Mining Farms in Quebec

Chinese giant of the mining industry has already started negotiations with local energy departments
15 January 2018   955

The world's largest manufacturer of mining equipment, Bitmain, is considering opening a mining center in the Canadian province of Quebec, CoinDesk reports.

Chinese giant of the mining industry has already begun negotiations with local energy departments. Representatives of Bitmain reported that the company has been engaged in the production of bitcoin and other crypto-currencies in North America since 2015, but did not specify the specific region.

Quebec is indeed an attractive region for the opening of mining farms for the production of bitcoin. The province has surpluses of inexpensive hydroelectric power, which local authorities are ready to offer technology companies. In addition, the cold climate contributes to the productive and reliable operation of ASIC-miners.

According to the director of business development of Hydro Quebec, "three or four" world's largest mining companies are considering Quebec as a new region for mining farms. 

Bitmain to Release ZEC Antminer Z11

Bitmain claims the new miner is three times more powerful than its predecessor
19 March 2019   91

The largest manufacturer of equipment for the extraction of cryptocurrency Bitmain introduced the device Antminer Z11 for mining ZCash and other cryptocurrencies based on the Equihash algorithm. The company claims that the new miner is three times more powerful than its predecessor.

Antminer Z11 hash performance is 135 KSol / s. At the same time energy efficiency of the device reaches 10.50 J / KSol.

Note that the miner is based on a 12-nanometer chip, developed using Bare Die casting technology for best heat dissipation.