Mining Ban in China Won't Affect Bitmain & Canaan

This is said by the companies themself; also, Bitmain and Canaan did not indicate whether they intend to move the business abroad
11 April 2019   392

The prospect of a ban on mining in China will not have an impact on the operating activities of mining giants Bitmain and Canaan in the short term. This was stated by representatives of the press services of companies, 8btc reports.

At the same time, Bitmain and Canaan did not indicate whether they intend to move the business abroad, if the mining ban is set at the legislative level.

Note that China currently holds a dominant position in mining Bitcoin and Ethereum.

According to local cryptoexperts, mining equipment manufacturers will exist as long as Bitcoin has value.

Earlier in April, the National Development and Reform Commission of China issued a bill that called mining an “undesirable industry” and proposed banning it.

So far, the initiative has no legal force. Public discussion of the bill will last until May 7.

New Antminer S9SE to be Sold Out in Few Hours

Price of updated device is is $ 351, hashrate - 16 TH\s and power efficiencey is 80 J\TH
19 June 2019   81

The Chinese manufacturer of mining equipment Bitmain introduced a budget device for Bitcoin mining Antminer S9SE. New ASIC miners were sold out in few hours.

Antminer S9SE is more efficient than previous models of this line. It's hashrate is 16 TH/s and power efficiency is 80 J/TH. For example, for S9k, the hash rate is 13.5TH/s, for S9j - 14.5TH/s.

The company's website indicates that the price of the updated S9 is $ 351. The first batch was presented yesterday, June 18, but in a matter of hours sold out. The next delivery of devices is scheduled for July 21-31.

In early April, Bitmain introduced the high-performance Antminer 17 Series based on 7-nm chips.