Tag: Bitmain

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Bitmain to start shipping new Bitcoin miner Antminer T21 in January 2024

Bitmain to start shipping new Bitcoin miner Antminer T21 in January 2024

Bitmain, a major global manufacturer of Bitcoin (BTC) application-specific integrated circuits (ASIC), has officially released its new air-cooled BTC [...]
Bitcoin ASIC manufacturer Bitmain pauses employee salary payments: Report

Bitcoin ASIC manufacturer Bitmain pauses employee salary payments: Report

Bitcoin application-specific integrated circuit (ASIC) manufacturer Bitmain has paused employee salary payments for September and beyond.According to [...]
Core Scientific cracks $77M Bitmain deal for 27K Bitcoin mining rigs

Core Scientific cracks $77M Bitmain deal for 27K Bitcoin mining rigs

Cryptocurrency mining hardware maker Bitmain and bankrupt crytpto mining firm Core Scientific have agreed on a combination of equity and cash to final [...]
Bankrupt Core Scientific to Buy 27K Bitmain Servers for $77M in Cash and Stock

Bankrupt Core Scientific to Buy 27K Bitmain Servers for $77M in Cash and Stock

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and informatio [...]
Core Scientific’s bankruptcy plan includes equity stake for Bitmain and Anchorage

Core Scientific’s bankruptcy plan includes equity stake for Bitmain and Anchorage

Cryptocurrency custody firm Anchorage Digital and major mining manufacturer Bitmain could take equity stakes in Core Scientific as part of the firm’s [...]
Bitmain, Anchorage Expected to Take Equity in CORZ as Part of Bankruptcy Plan

Bitmain, Anchorage Expected to Take Equity in CORZ as Part of Bankruptcy Plan

Companies that have lent funds to Core Scientific to buy equipment can elect to either have their claims converted into equity fully, or take on secur [...]
Two Bitmain Mining Machines Account for More Than 60% of Computing Power on the Bitcoin Network

Two Bitmain Mining Machines Account for More Than 60% of Computing Power on the Bitcoin Network

The Antminer S19j Pro accounts for 34.3% of the network hashrate and the S19 for 28.1%, and they have been the most used machines on the network since [...]
Bitcoin Miner CleanSpark Buys 12,500 Bitmain Machines for $40.5M

Bitcoin Miner CleanSpark Buys 12,500 Bitmain Machines for $40.5M

CleanSpark has been buying up assets during the bear market to reach its 2023-end of 16 EH/s, but discounts are getting smaller. www.coindesk.com [...]
Metalpha Secures $5M from Bitcoin Rig Manufacturer Bitmain for Grayscale-Based Fund

Metalpha Secures $5M from Bitcoin Rig Manufacturer Bitmain for Grayscale-Based Fund

Metalpha is looking to raise $100 million for the Next Generation Fund I, which it has formed in partnership with NextGen Digital Venture Limited. As [...]
Bitcoin mining firm Bitmain reportedly fined for tax violations in China

Bitcoin mining firm Bitmain reportedly fined for tax violations in China

Beijing-based cryptocurrency mining firm Bitmain has reportedly violated tax regulations in China, with local authorities imposing major fines.Bitmain [...]
Bitmain Partner BitFuFu Starts Marketplace for Crypto Mining Rig Coupons

Bitmain Partner BitFuFu Starts Marketplace for Crypto Mining Rig Coupons

The discount coupons issued last year haven't been used because miners don't have the cash to spend on new equipment. www.coindesk.com [...]
CleanSpark boosts computing power by 37% with thousands of new Bitmain rigs

CleanSpark boosts computing power by 37% with thousands of new Bitmain rigs

Bitcoin miner CleanSpark is growing its mining capacity in the United States, with the purchase of 20,000 new Antminer S19j Pro+ units for $43.6 milli [...]
Celsius bankruptcy judge authorizes the sale of $7.4M worth of Bitmain coupons

Celsius bankruptcy judge authorizes the sale of $7.4M worth of Bitmain coupons

Debtors for crypto lender Celsius Network have the authority to sell coupons for mining firm Bitmain coupons worth roughly $7.4 million following a ru [...]
Judge Clears Celsius’ Plan to Sell Bitmain Mining Coupons Worth Over $7M

Judge Clears Celsius’ Plan to Sell Bitmain Mining Coupons Worth Over $7M

The assets, which offer a discount of 10%-30% on Bitmain purchases for a limited period, can be sold to any bona fide third party, but with with the c [...]
Bankrupt Crypto Lender Celsius Seeks to Raise $14M From Bitmain Mining Vouchers

Bankrupt Crypto Lender Celsius Seeks to Raise $14M From Bitmain Mining Vouchers

The company joins Core Scientific in trying to offload the assets before expiry, and will use the funds to repay creditors. www.coindesk.com [...]
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