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   138

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 Develop Ethereum ASIC Miner

Largest mining equipment manufacter is working on the completely new device
16 February 2018   224

The world's largest producer of mining equipment Bitmain is working on the creation of Antminer F3 - ASIC-miner for the second largest capitalization of crypto currency Ethereum. This is reported by IBTimes referring to local technology publications. This is reported by Ib Times.

As the source notes, Antminer F3 will be equipped with three motherboards in each of which will be installed on six devices for the Ethereum mining. Each board will have 32 DDR3 RAM modules with a capacity of 1 GB. According to a number of sources, the hash of the device will be 200-220 MH / s, but with the specified specifications, this figure can be expected to be higher

It is assumed that the production of new equipment for the production of ETH will begin at the end of this month. In the world market the novelty will appear approximately in II-III quarter of this year. The price of Antminer F3 will be set at $ 2500- $ 3000.