Tag: bitmain

Oct 11 2021

Bitmain Stops Selling to Mainland China

Reading Time: 2 minutes Bitmain has confirmed that it will cease selling its Antminer products to mainland China Such an action was mooted two weeks ago in response to China’s crackdown on Bitcoin mining Bitmain will have to work hard to reclaim its lost customer base...

Oct 10 2021

Crypto Crackdown: Bitmain to Stop Shipping Antminers to China This October

Bitmain, the largest Bitcoin mining equipment manufacturer in China has announced it will stop shipping its flagship product, the Antimer, to China in response to the regulatory crackdown ongoing in the country. As announced by the firm, the suspension of its Antminer shipping will commence on Monday 11th of October, and it will only affect The post Crypto Crackdown: Bitmain to Stop Shipping...

Sep 29 2021

Why Are Bitcoin Mining ASIC Prices Surging And Where Will They Go Next?

The prices of ASICs, computing components central to Bitcoin mining, have surged this year. But why? And where will they go next?There could be a number of factors contributing to the rising price of bitcoin mining ASICs — the components that are central to the specialized machines used to secure the Bitcoin network in exchange for BTC rewards — including supply shortages,...

Bitmain Could Stop Selling to China

Reading Time: 2 minutes Bitmain could stop selling its equipment in China following the country’s crackdown Bitmain has recently overcome a civil war and seemed to be in a better position The company could also stop manufacturing equipment in China Bitmain...

Sep 15 2021

Greenidge Generation Orders 10,000 Bitcoin Miners Right After Nasdaq Listing

The bitcoin miner that yesterday closed a merger to list on the Nasdaq announced buying flagship Bitmain rigs.Bitcoin miner Greenidge Generation announced on September 15 it had ordered 10,000 S19j Pro bitcoin mining rigs from Bitmain to expand...

Aug 09 2021

Bitmain And The Institutionalization Of Bitcoin Mining Manufacturers

Bitmain’s path toward a public listing can tell us a lot about the institutionalization of the Bitcoin mining industry at large.It seems that the ground under Bitcoin businesses is shifting daily, first with a major shutdown and hash migration out of China, then with some wobbly prices and now with an...

Aug 02 2021

Jul 27 2021

Bitmain reveals divestiture plans for Antpool, the leading BTC mining pool

Bitmain, the world's leading Bitcoin mining rig manufacturer recently concluded its semi-annual shareholder's meeting where it revealed the progress of Antpool divestiture, the world's leading Bitcoin mining pool. The mining chip manufacturer received shareholders nod to make its mining pool operations independent of the parent company in the first quarter and completed all the legal The post Bitmain reveals divestiture plans for Antpool,...

Jun 30 2021

TeraWulf Orders 30,000 Bitmain Rigs, Eyeing Top-Ten Hash Rate Spot

Bitcoin mining company TeraWulf has ordered 30,000 Antminers from Bitmain as it seeks to increase its hash rate to top-ten levels.The world’s leading producer of bitcoin mining hardware, Bitmain, announced today a signed purchase order of 30,000 units of its latest-generation Antminer S19j...

Jun 25 2021

Bitmain Feels the Pinch of China Crackdown

Reading Time: 2 minutes Bitmain, the world’s biggest supplier of crypto mining hardware, has stopped the sale of new machines China’s crypto mining crackdown has resulted in a glut of second-hand machines into the market Bitmain will re-enter the market when the supply...

Jun 24 2021

Bitmain Suspends Sales amid China’s Crackdown on Crypto Mining

A company spokesman didn't comment if the rig maker will resume the business.

Jun 23 2021

Chinese Crackdown: Bitmain Stops Rig Sales, Exodus Ensues, Hash Rate Declines

China's bitcoin mining crackdown has led to Bitmain halting mining rig sales, exodus of miners and decline in the hash rate.Bitmain Technologies, the world's largest manufacturer of bitcoin mining rigs, is halting global spot sales of its machines to aid the secondhand market for rigs in China, according to...

Jun 07 2021

Just-In: Bitmain Slashes Price of its Top Bitcoin Mining Rig Amid Chinese Crackdown

Bitmain, the Bitcoin mining rig manufacturer has announced a price cut on its top bitcoin mining machine Antminer S19 Pro by 20% amid...

Apr 08 2021

China’s Bitcoin Mining Giant Bitmain Sues MicroBT Whatsminer for $15 Million

It's the battle of the Bitcoin miners out in the open! In a fresh development on Wednesday, April 7, Chinese Bitcoin mining giant Bitmain has filed a $15 million lawsuit against MicroBT Whatsminer with the...

Apr 07 2021

Riot Blockchain To Purchase 42,000 Antminers For $138.5 Million

North American bitcoin mining company Riot Blockchain will purchase 42,000 bitcoin mining rigs, upping its hash rate to 7.7 EH/s.Colorado-based bitcoin mining company Riot Blockchain has...

Feb 16 2021

Bitcoin Mining Farms in Texas Offline From Winter Storm

Feb 16 2021 Published at CoinDesk under tags  bitcoin mining bitmain news texas

A rare winter storm in Texas has knocked out most of the bitcoin mining facilities in the Lone Star State.

Feb 03 2021

Sino-Global Shares Soar as Shipping Firm Expands Into Bitcoin Mining

Feb 03 2021 Published at CoinDesk under tags  bitcoin mining bitmain markets news sino-global

Sino-Global announced a new COO and CTO as it plans to start mining.

Feb 01 2021

Marathon Patent Group To Receive 4,000 New Bitcoin Mining Rigs From Bitmain

Feb 01 2021 Published at Bitcoin Magazine under tags  bitmain marathon mining north america

This morning, Marathon announced that a shipment of 4,000 new Antiminer S-19 Pro Bitmain miners are en route to its mining facility in Hardin, MT. This is the first of many shipments that Marathon has scheduled for 2021 which will fulfill its order for more than 103,000 additional miners from Bitmain, according to a release sent to Bitcoin Magazine. Marathon’s...

Jan 28 2021

Bitmain Conflict Ends as Jihan Wu Steps Down

Reading Time: 2 minutes The conflict at the heart of Bitmain has been resolved after Jihan Wu left the company he co-founded Wu and co-founder Micree Zhan had been at loggerheads over who owned the company Reports suggest that Zhan has bought out Wu, who has stepped...

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