Gigabyte unveiled new mining GPU

Gigabyte P104-100 4G has 1920 CUDA cores with an operating frequency from 1607 to 1733 MHz and no video outputs
27 December 2017   1993

Great stir around the cryptocurrency mining pushed Gigabyte Technology to release specialized GPU P104-100 4G (GV-NP104D5X-4G). The novelty was created on the basis of the cut-down version of the Nvidia GP104 crystal, it has no video outputs and is equipped with four gigabytes of GDDR5X memory with a 256-bit bus.

Gigabyte GV-NP104D5X-4G Gigabyte GV-NP104D5X-4G 
Gigabyte GV-NP104D5X-4G Gigabyte GV-NP104D5X-4G 
Gigabyte GV-NP104D5X-4G Gigabyte GV-NP104D5X-4G 
 

Gigabyte P104-100 4G has 1920 CUDA cores with an operating frequency from 1607 to 1733 MHz, and the effective frequency of the video memory is 10010 MHz. The device has the branded cooler WindForce 3X for cooling, consisting of an aluminum radiator, permeated with three heat pipes, and three 90-mm fans. The power subsystem is 8 + 2 phase, and to connect an additional source one 8-pin connector is used.

The warranty service period of the new product is three months only, while a three-year warranty is provided for similar GeForce GTX series video cards. The recommended cost and the release date of the accelerator Gigabyte P104-100 4G were not announced.

Bitmain to File IPO Application

The application was sent to Hong Kong Stock Exchange (HKEX)
27 September 2018   420

The largest mining company Bitmain has submitted to the Hong Kong Stock Exchange (HKEX) listing application for an initial public offering (IPO), according to CoinDesk.

The application is a draft option, and some of its details, in particular the number of shares offered for sale and the immediate date of the IPO, are still in the process of editing.

Nevertheless, the document indicates that last year Bitmain's revenue was $ 2,517,719,000. This figure is higher than in 2016 ($ 277,612,000). As of June 30, 2018, the company's revenue was $ 2,845,467,000.

The application said that in 2017 the gross profit of the company was $ 1 212.7 million, which is also higher than in 2016 ($ 151,351,000).

Earlier, the head of Bitmain, Jihan Wu, expressed his indignation over the actions of the company's chief financial officer, who disclosed the figures for the first quarter 60 days after his end, and not after 90, as he had expected.

The media suggested that in the run-up to the IPO the publication of such information could have a negative effect on the company's investment attractiveness.

In addition, the document confirmed the media's information that Bitmain owns a 3% stake in Opera's Internet browser thanks to an investment of $ 50 million.

The application also indicates that the underwriters of the IPO are China International Capital Corporation Hong Kong Securities Limited, Commerce and Finance Law Offices, Maples and Calder LLP, KPMG and Frost & Sulliva