Tag: whatsminer

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...

Jan 27 2021

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....

Dec 10 2020

How Industry Financial Services Are Buoying North American Bitcoin Mining

Dec 10 2020 Published at Bitcoin Magazine under tags  bitmain bitooda dcg luxor marathon

This year, there has been a concerted effort among Bitcoin mining pools and facilities based in North America to contribute a higher proportion of the Bitcoin network’s overall hash rate from the continent, providing critical decentralization to this system. But this has not been without its challenges. The Bitcoin mining environment is one with high...

Dec 07 2020

Bit Digital Completes $13.9M Deal for New Mining Machines

Dec 07 2020 Published at CoinDesk under tags  antminer bitcoin mining bit digital markets news

The company acquired nearly 18,000 new ASICs in an all-stock transaction.

Sep 22 2020

The Sun Never Sets On Bitcoin Mining: Decentralization Continues As China Flounders

Bitcoin miners have successfully survived the 2020 Halving and COVID-19, and the network is now seeing some of its highest hash rates ever as these operations power up new equipment and reach new levels of decentralization going into the second decade of bitcoin mining. Bitcoin Mining Is Decentralizing China still dominates the bitcoin mining space, although the percentage of the hash rate coming...

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