The Singapore-based miner has big plans to shake up ASICs with a new design and a greater commitment to transparency.

Traditional mining requires high-end ASIC machines, which consume significant electricity and can cost thousands of dollars.

A report in late November claimed the US Customs and Border Protection Agency had delayed the delivery of Bitmain’s Application-Specific Integrated Circuit (ASIC) machines at US ports of entry.

The hash rate of a computer, GPU or ASIC machine determines how successful a user will be in earning the block subsidy by being first to solve the puzzle and win the competition. Today ...

For example, the classic sample for learning about state machines on an FPGA is a traffic ... That makes sense because the ASIC is sort of an FPGA where the interconnections are made with ...

ASIC machines are made for a single purpose: To solve Bitcoin’s SHA-256 algorithm as fast as possible in order to collect block rewards. They’re extremely good at it. One of the most widely ...