Tag: Bitmain

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Core Scientific files motion to sell over $6M in Bitmain coupons

Core Scientific files motion to sell over $6M in Bitmain coupons

Bankrupt Bitcoin (BTC) mining firm Core Scientific filed on Jan. 25 an emergency motion seeking to sell Bitmain coupons worth $6.6 million, according [...]
Hong Kong Firm With Ties to Bitmain Reorganizes to Focus on Crypto Asset Management and Hedging

Hong Kong Firm With Ties to Bitmain Reorganizes to Focus on Crypto Asset Management and Hedging

“Because of the current market situation,” new entrants to the crypto market are “kind of hesitant,” Wang said; they either start with small trades as [...]
Bitmain Founder Jihan Wu Setting Up $250M Fund to Buy Distressed Bitcoin Mining Assets: Report

Bitmain Founder Jihan Wu Setting Up $250M Fund to Buy Distressed Bitcoin Mining Assets: Report

Jihan Wu, crypto billionaire and founder of bitcoin miner maker Bitmain, is setting up a $250 million fund to purchase distressed assets from mining f [...]
Bitmain Discounts Bitcoin Mining Machines in an Already Depressed Market

Bitmain Discounts Bitcoin Mining Machines in an Already Depressed Market

Last year, miners were clamoring to sign advance contracts with Bitmain and its peers, MicroBT and Canaan, as a bull market sent the bitcoin price to [...]
Bitmain Partner Antalpha Unveils Lending Products for Miners

Bitmain Partner Antalpha Unveils Lending Products for Miners

The firm has about $700 million of client's assets on its balance sheet and doesn't leverage its internal assets, Liao said. The company believes it i [...]
Bitmain to Start Selling New Ethereum Mining Rig Model Tomorrow

Bitmain to Start Selling New Ethereum Mining Rig Model Tomorrow

Despite the Merge edging closer, Bitmain releases an ethereum ASIC. www.coindesk.com [...]
Cipher Mining Scraps Plan to Buy Bitfury Rigs, Sticks With Bitmain, MicroBT

Cipher Mining Scraps Plan to Buy Bitfury Rigs, Sticks With Bitmain, MicroBT

The bitcoin miner wants to stay nimble to potentially grab opportunities in a fast market. www.coindesk.com [...]
Merkle Standard in Venture With Bitmain to Develop Data Centers

Merkle Standard in Venture With Bitmain to Develop Data Centers

The data centers will be able to house over 150,000 mining machines. www.coindesk.com [...]
Bitmain signs 500MW joint venture with sustainable BTC miner Merkle Standard

Bitmain signs 500MW joint venture with sustainable BTC miner Merkle Standard

Beijing-based Bitmain has partnered with a United States-based sustainable Bitcoin miner, Merkle Standard, contributing capital investment, expertise [...]
Bitmain Adds Liquid Cooling Technology to Its Latest Bitcoin Mining Rigs

Bitmain Adds Liquid Cooling Technology to Its Latest Bitcoin Mining Rigs

Antminer S19 Pro+ Hyd. will deliver 198 terahashes per second (TH/s) of computing power, a 41% increase from Bitmain’s previous model S19 XP. Jan 17, [...]
Crypto Miner DMG Blockchain Purchases 1,800 New Generation Bitmain Miners

Crypto Miner DMG Blockchain Purchases 1,800 New Generation Bitmain Miners

Canadian mining firm DMG Blockchain Solutions has purchased 1,800 Bitmain Antminer S19 XPs, the next-generation mining machine from Bitmain.The mac [...]
Fortress Purchases 4,500 Bitcoin Mining Machines From Bitmain

Fortress Purchases 4,500 Bitcoin Mining Machines From Bitmain

Bitcoin mining firm Fortress Technologies has ordered 4,500 Bitmain Antminer S19j Pro machines as it seeks capture a greater share of mining revenu [...]
Bitmain Appoints New Legal Representative and General Manager

Bitmain Appoints New Legal Representative and General Manager

Crypto mining rig maker Bitmain appointed Zhou Feng as its legal representative and general manager, the company said in a WeChat post.Zhou was a k [...]
Bitmain Confirms Halting Its Shipment of Antminers to Chinese Customers — CoinDesk

Bitmain Confirms Halting Its Shipment of Antminers to Chinese Customers — CoinDesk

“From October 11, 2021, Antminer will stop shipping to mainland China (excluding Hong Kong and Taiwan),” according to a statement from Bitmain’s of [...]
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