Search results for "ASIC"
12:30

Thumzup acquisition of DOGE Mining company Dogehash Technologies

According to Jinse Finance, Thumzup Media Corporation, a social media company in which Trump’s eldest son Donald Trump Jr. has invested and holds reserves in Crypto Assets, announced the acquisition of the DOGE Mining company Dogehash Technologies. The specific acquisition amount has not been disclosed, and Dogehash will trade under the new stock code "XDOG" on the NASDAQ stock market. It is reported that the company currently owns about 2,500 Scrypt ASIC Mining Rigs in North America and also mines Scrypt Algorithm assets such as Litecoin. After the acquisition is completed, it is expected to deploy more equipment later this year.
More
DOGE-7.62%
  • 1
11:16

Hut 8 announces Q2 earnings report: Strategic Bitcoin reserves reach 10,667 coins.

Jinse Finance reports that Nasdaq-listed Bitcoin mining company Hut 8 has released its financial performance report for the second quarter, disclosing that the company's revenue reached $41.3 million, net income was $137.5 million, and strategic Bitcoin reserves expanded to 10,667 coins, with a holdings market capitalization of $1.1 billion as of June 30, 2025. In the second quarter, Bitcoin mining, GPU as a service, and data center cloud operations generated $34.3 million in revenue, and in collaboration with American Bitcoin, they began offering ASIC hosting services with a capacity exceeding 130 MW.
More
BTC-3.66%
05:01

Jefferies: Innoscience's long-term upside potential remains enormous; maintains buy rating

The Jefferies report pointed out that, taking the current NV72 as an example, Nvidia's market potential reaches $1.5 billion, and if including ASIC, it would be $2.5 billion. Assuming Innosilicon has a 50% market share and a net profit margin of 25%, its market capitalization is expected to rise due to potential profits, maintaining a "buy" rating with a target price of HK$54.29. Mass production is expected in 2027.
More
13:59

Canaan Inc. plans to manufacture Mining Rigs in the United States and abandon its AI chip business.

Golden Finance reports that Bitcoin ASIC Mining Rig manufacturer Canaan Technology has completed pilot production in the United States and announced the abandonment of its AI hardware manufacturing work, aiming for a strategic adjustment to focus its efforts. A representative from Canaan Technology acknowledged that although production costs in the U.S. are higher, the company believes "this move is not only a way to hedge tariffs but also a potential strategic investment for long-term resilience."
More
BTC-3.66%
11:32

Nasdaq approves AGM Group, a blockchain ASIC chip研发 company, to continue its listing request.

According to ChainCatcher's news report from Globenewswire, the blockchain ASIC chip R&D and上市 company AGM Group announced that it has received a compliance letter from Nasdaq, notifying the company that it has met the buy-in price requirements under Nasdaq listing rule 5550(a)(2), thus approving its request to continue being listed on the Nasdaq capital market. According to previous news, AGM Group received a delisting notice from Nasdaq in April of this year, and AGM Group subsequently filed an appeal.
More
11:32

Nasdaq approves AGM Group, a blockchain ASIC chip development company, to continue its listing request.

According to ChainCatcher news, reported by Globenewswire, the blockchain ASIC chip研发上市 company AGM Group announced that it has received a compliance letter from Nasdaq, notifying the company that it has met the buy price requirements under Nasdaq listing rule 5550(a)(2), and therefore approved its request to continue listing on the Nasdaq capital market. According to previous news, AGM Group received a delisting notice from NASDAQ in April of this year, and AGM Group subsequently filed an appeal.
More
09:26

Nasdaq approved the listing request of blockchain ASIC chip development company AGM Group to continue.

PANews June 21 news, according to Globenewswire, blockchain ASIC chip development and listing company AGM Group announced that it has received a Nasdaq compliance letter, notifying the company that it has met the purchase price requirements under Nasdaq listing rule 5550(a)(2), and therefore approved its request to continue listing on the Nasdaq Capital Market. According to previous news, AGM Group received a delisting notice from NASDAQ in April of this year, and AGM Group subsequently filed an appeal.
More
01:31

Nasdaq approves AGM Group, a blockchain ASIC chip研发 company, to continue its listing request.

Golden Finance reported that blockchain ASIC chip development and上市公司 AGM Group announced it has received a Nasdaq compliance letter, notifying the company that it has met the buy-in price requirements under Nasdaq listing rule 5550 (a) (2), and thus approved its request to continue listing on the Nasdaq Capital Market. AGM Group previously received a Nasdaq delisting notice in April of this year, and AGM Group subsequently filed an appeal.
More
10:32

Bitcoin mining company Bitdeer announced the issuance of $300 million in convertible preferred notes.

PANews reported on June 18 that, according to Globenewswire, Bitcoin miner Bitdeer announced the issuance of $300 million principal convertible senior notes due 2031 to qualified institutional buyers through a private placement. The Company also intends to grant initial purchasers of the Notes an option to purchase up to $45 million of the Notes in principal amount within 13 days of the date of the initial issuance of the Notes. The Company intends to use a portion of the net proceeds from the Offering to cover the costs of zero-strike call option transactions, as well as cash consideration for concurrent bill exchange transactions, and to use the remaining net proceeds from the Offering for data center expansion, ASIC mining rig development and manufacturing, as well as working capital and other general corporate purposes.
BTC-3.66%
07:56

Bitcoin Mining Beginner's Guide: Equipment Selection, Profit Calculation, and Mining Pool Recommendations

Introduction Bitcoin mining, a key term in this digital gold rush, is attracting the attention of countless investors. From choosing the best mining machines to joining quality mining pools, this article will reveal the entire process of Bitcoin mining. Whether you are a beginner or an expert, you can find practical strategies and tips here to enhance your profits. Let us delve into this world of digital gold filled with opportunities together. Unveiling Bitcoin Mining: Earning Digital Gold from Scratch Choose the best mining machine: a perfect balance between performance and budget Bitcoin mining has become a highly specialized field, and choosing the right mining machine is crucial. Currently, the mainstream Bitcoin mining machines on the market are mainly divided into two categories: ASIC (Application-Specific Integrated Circuit) and GPU (Graphics Processing Unit). ASIC miners are typically more efficient due to their design specifically for Bitcoin mining, but they are also more expensive. On the other hand, GPU miners, while less efficient, offer multifunctionality.
More
BTC-3.66%
09:00

ASX sells Digital Asset Holdings shares for a book gain of $42 million

According to Gate News bot, the Australian Securities Exchange (ASX) has completed the sale of its equity stake in Digital Asset Holdings. The transaction amount was $57 million, and ASX gained approximately $42 million in book profit from it. ASX acquired an 8.5% stake in Digital Asset Holdings for $47 million in 2016, originally planning to replace the CHESS settlement system with blockchain technology. The project was declared a failure in 2022, resulting in a loss of approximately AUD 250 million for ASX. Currently, Tata Consulting Services is responsible for developing a new clearing system. At the same time, the Australian Securities and Investments Commission (ASIC) has filed a lawsuit against ASX regarding issues related to information disclosure.
More
BOT-11.18%
CHESS-12.6%
03:32

A former financial advisor in Australia is banned from the industry for 10 years for involvement in a Crypto Assets investment fraud.

Gate News bot news, the Australian Securities and Investments Commission (ASIC) announced regulatory action against former financial advisor Glenda Rogan. According to the investigation, Rogan transferred customer funds amounting to AUD 14.8 million to a Crypto Assets investment eyewash between March 2022 and June 2023. During the investigation, Rogan served as an accountant and financial advisor for the Fincare Group in the Sutherland and Wollongong areas. ASIC decided to ban her from engaging in Financial Service for 10 years. Source: Wu Says.
More
BOT-11.18%
09:13

The ASIC chip research and development listed company AGM Group plans to execute a "1-for-50 stock consolidation" transaction on June 3.

AGM Group, a blockchain ASIC chip R&D company, announced a share merger with Class A common stock reduced to approximately 1,974,279 shares, valued at $0.05 per share, and Class B common stock reduced to approximately 42,000 shares, valued at $0.05 per share. The trading ticker symbol remains "AGMH" and the CUSIP number is updated to G0132V121.
More
A-10.37%
B10.96%
00:44

Australia's ASIC appeals the regulatory ruling on Block Earner's encryption yield products.

According to the Gate News bot and reported by Cointelegraph, the Australian Securities and Investments Commission (ASIC) has submitted an application for leave to appeal to the High Court of Australia. This appeal targets the Federal Court's previous ruling regarding the cryptocurrency yield products of the fintech company Block Earner. The Federal Court previously determined that the product does not fall under the financial products, managed investment schemes, or derivation categories as defined by the Corporations Act. In the appeal, ASIC seeks to clarify the definition of "financial products" and establish the regulatory applicability conditions for yield products and asset conversion activities.
More
BOT-11.18%
13:35

The Federal Court of Australia overturns the ruling on the violation of the Block Earner encryption lending product.

Gate.io News bot, TheBlock reported that the Federal Court of Australia has issued a judgment on the appeal of crypto lending platform Block Earner. The court reversed its previous ruling and affirmed that Block Earner's Earner products did not constitute a violation of local financial regulations. The court ruled that the product is essentially a fixed-term loan agreement, rather than a financial investment product that requires permission. At the same time, the court ordered the Australian Securities and Investments Commission ( ASIC ) to bear all related legal costs. Although Block Earner won the case, the company stated that there are currently no plans to reintroduce the Earner product to the Australian market.
More
BOT-11.18%
03:48

Australia's ASIC shuts down 95 companies involved in Crypto Assets fraud.

Gate.io News bot message, the Australian Securities and Investments Commission (ASIC) ruled through the Federal Court to close 95 companies involved in investment and "pig butchering" scams. These companies primarily carried out fraudulent activities by using false information to register and impersonate trading platforms. ASIC disclosed that the fraud scope of the involved companies includes digital assets, foreign exchange, and commodity investments, with some companies using stolen identities to sign up. ASIC clears more than 130 scam websites weekly and describes this type of scam as "Hydra," as new scam organizations emerge after one is dismantled. Source: cointelegraph
More
BOT-11.18%
PIG-0.24%
13:20

Analysis: Trump's tariffs have a huge impact on American Bitcoin mining companies, which may stimulate a short-term surge in Mining Rig imports.

Trump announced reciprocal tariffs, which may affect Bitcoin mining companies in the United States. Mining enterprises stated that the tariffs will increase domestic demand for mining rigs, and the price of ASIC equipment is expected to rise by 5 to 10 times. Some companies have already intensified the import of mining rigs, hoping to avoid the impact of tariffs.
More
TRUMP-11.88%
BTC-3.66%
04:39

The encryption mining rig developer AGM Group has received a notice from Nasdaq regarding non-compliance with minimum bid requirements and may face delisting.

Golden Finance reported that AGM Group, a developer of crypto mining rigs and a publicly listed company for blockchain ASIC chips, announced that it has received a notification from NASDAQ regarding non-compliance with minimum bid requirements, as the company's Class A common stock closing price has been below the minimum price of $1.0 per share for 30 consecutive trading days. If it cannot comply with NASDAQ listing rules by September 9, it may face delisting. Currently, AGM Group's ASIC chips are mainly used for crypto mining rigs, and the company is also involved in the assembly and sale of Bitcoin mining rigs.
More
BTC-3.66%
21:57

MARA Holdings completes the acquisition of the Texas Wind Farm, expanding its energy infrastructure

MARA Holdings completes the acquisition of the Texas wind farm to expand wind power and connectivity capacity for BTC Mining to reduce production costs. The company plans to use renewable energy and next-generation ASIC Mining Rigs to lower costs, recycle old equipment, and improve efficiency. MARA is currently the second-largest publicly traded BTC holding company, holding 45,659 BTC.
More
BTC-3.66%
  • 2
21:42

BTC mining company MARA has acquisition a wind farm in Texas

Odaily Planet Daily News BTC Mining Enterprise MARA announced the acquisition of a wind farm in Texas, adding 114 megawatts of wind power capacity to MARA's asset base expansion into the energy infrastructure sector. The company will use the latest generation of ASIC Mining hardware powered by renewable energy to reduce Bitcoin production costs. (Coindesk)
More
BTC-3.66%
00:03

Haitong Securities: AI ASIC is expected to usher in an explosive rise follow investment opportunity in the industry chain

On December 22, Jin Shi Data News, Haitong Securities research report believes that ASIC (Application-Specific Integrated Circuit) is an integrated circuit designed for specific applications. The design of ASIC is optimized for specific applications, which can achieve higher efficiency and lower power consumption when processing specific tasks, thus achieving the ultimate performance and efficiency. Inference scenarios, coupled with massive demand for computing power and more fixed AI algorithms, are expected to drive the explosive rise of ASIC chips. Amazon has launched its self-developed ASIC Trainium2 server, and Broadcom has AI
More
  • 1
  • 1
16:09
MARA, a BTC-listed mining company, has issued a statement on X platform, urging the U.S. government to take decisive action to address the challenges posed by BTC and seize the opportunity. Its suggestions include: establishing a strategic reserve of BTC to enhance economic sovereignty; expanding domestic BTC mining scale to control global computing power; developing ASIC chips and other mining technologies for self-sufficiency; supporting renewable energy mining through tax incentives; leading global BTC standards to prevent hostile forces from controlling computing power, and ensuring financial transaction stability. These measures aim to protect national security and strengthen the U.S.'s leadership position in the global digital economy through the advantage of computing power.
BTC-3.66%
X-7.76%
  • 1
  • 1
15:49

BTC mining company HIVE Digital announced the purchase of 5000 Avalon Mining Rigs from Canaan Technology.

Odaily Planet Daily News According to official sources, BTC mining company HIVE Digital announced the acquisition of 5000 units of Avalon A15-194T ASIC Mining Rig from Canaan Inc. This latest acquisition was made on the basis of announcing the purchase of 6,500 units of Avalon Mining Rig earlier this month, bringing the total number of new Avalon ASIC Mining Rigs ordered by HIVE Digital in November to 11,500.
More
BTC-3.66%
HIVE-9.85%
15:52

Canaan Technology signed a purchase protocol with HIVE Digital, which will provide 6500 units of Avalon A1566 Mining Rig for HIVE.

ASIC Mining Rig manufacturer Canaan Technology has signed a purchasing protocol with HIVE Digital to provide the latter with 6,500 Avalon A1566 Mining Rigs. As a result of this news, Canaan Technology's Nasdaq stock has pumped 38%. In addition, HIVE Digital's new 100 MW expansion project in Paraguay has started construction and is expected to be operational by 2025, with a target Computing Power of 12.5 EH/s.
More
HIVE-9.85%
  • 2
03:55

Regulators say the former CEO of Mine Digital stole $1.5 million from BTC users

Former CEO of the Australian Crypto Assets exchange Mine Digital has been accused of stealing $1.47 million from a customer to repay debts or purchase Crypto Assets. The customer had attempted to convert $1.5 million into Crypto Assets but never received the currency. ASIC had previously filed Compliance-related charges against the company.
More
MINE0.4%
BTC-3.66%
09:37

Shanshi Network Technology: Good results achieved in ASIC chip trial production and internal testing.

On October 17th, Jinshi Data announced that the ASIC security dedicated chip developed by the company has recently completed the first trial production. The trial chip was returned on time at the end of September 2024 and successfully completed the verification test within the company, meeting all design requirements. After this test is completed, the ASIC chip still needs to enter the mass production stage. It takes a certain period of time from the completion of ASIC chip development to product mass production. There are risks such as uncertain application time for related products and changes in downstream market demand. Please be aware of investment risks.
07:44
ASIC Says it Coordinated the Removal of Over 600 Crypto Scams, Despite Monthly Drop The Australian Securities and Investments Commission (ASIC) has collaborated in removing over 600 crypto scams in the past year, including fake investment platforms, phishing scams, and crypto investment scams. These scams resulted in an estimated $1.3 billion in losses, propagated through fake news articles and deepfake videos. ASIC urges consumers to remain vigilant and warns about social media hyperlinks promoting online trading and cryptocurrency investments.
OVER-2.23%
Load More
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)