Tag: microbt

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...

Feb 05 2021

Gaming Firm The9 Agrees Purchase of 5,000 MicroBT Bitcoin Miners

Feb 05 2021 Published at CoinDesk under tags  bitcoin mining business china coinflash microbt

The firm announced its pivot to mining in January.

Jan 27 2021

Blockstream Buys $25M Worth of Bitcoin Mining Machines From MicroBT

Jan 27 2021 Published at CoinDesk under tags  bitcoin mining blockstream markets microbt news

The ASICs are set to be deployed in Blockstream facilities through the U.S. and Canada.

Blockstream Buys $25 Million Of Bitcoin Mining Hardware From MicroBT

Bitcoin infrastructure company Blockstream has announced a $25 million purchase of the latest Whatsminer bitcoin mining rigs from MicroBT to be run across Blockstream Mining’s facilities in North America. Blockstream Mining was launched in 2019 with an intention of bringing more of the global hash rate to the West. The largest mining rig...

Jan 25 2021

Hut 8 Partners With Foundry Digital To Secure 475 PH/s In Bitcoin Mining Capacity

Hut 8 Mining Corp. has announced a partnership with financial services firm Foundry Digital to secure $11.8 million in financing, which it will put toward 5,400 new MicroBT Whatsminer M30S mining rigs, adding 475 petahashes per second (PH/s) to its mining capacity over the next six months. The financing is structured as a 12-month term with an annual interest rate of 16.5 percent....

Jan 23 2021

Crypto Companies Eye Public Debut As IPO Frenzy Heats Up

Crypto companies seem to be eager to make their public debut this year as the crypto market crossed the trillion-dollar market cap this bull run. Coinbase was among the first crypto companies to announce their decision to go public with an IPO in the first quarter of 2021. Bakkt became the second prominent crypto firm The post Crypto Companies Eye Public Debut As...

Jan 22 2021

Hut 8 Completes $11.8M Financing for New Bitcoin Mining Machines

Jan 22 2021 Published at CoinDesk under tags  bitcoin mining foundry hut 8 markets microbt

The new machines will add 475 PH/s to Hut 8's hash power.

Jan 13 2021

Mining Rig Manufacturer MicroBT Prepares for U.S. IPO With Estimated $1 Billion Revenue In 2021

MicroBT, one of China's biggest mining rig manufacturers of mining equipment is preparing for an Initial Public Offering (IPO) this year in the U.S. Stock market. Founded in 2016, microBT is a relatively new player but the...

Dec 08 2020

Secondary Mining Markets Surge Amid ASIC Manufacturing Delays

Miners are “scrambling” for any available machines as manufacturers stay sold out.

Oct 19 2020

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