Category: bitmain
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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,…
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This crypto mining operator was named Bitmain’s sole North American cooperative repair center
North America now has its own Bitmain repair center.
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Jihan Wu Regains Upper Hand in Bitmain Co-Founder Fight
A new twist in the power struggle at Bitmain: Co-founder Jihan Wu has regained the legal representative status of the bitcoin mining giant.
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Bitcoin News Roundup for Sept. 10, 2020
With bitcoin lawsuits in the news and SushiSwap’s migration completed, CoinDesk’s Markets Daily is back for your latest crypto news roundup!
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Court Denies Bitmain $30M in Damages From Co-Founders of Rival Poolin
A court in China has denied an appeal by bitcoin mining giant Bitmain seeking $30 million in damages from the three co-founders of mining pool rival Poolin.
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Bitmain, Ebang Among 21 Bitcoin Mining Farms Stripped of Energy Perks in Inner Mongolia
Affected mining centers in the area may see a notable increase in electricity costs.
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Riot Blockchain buys 5,100 S19 Pro Antminers, aims for 1.66% of hashrate
Riot Blockchain has purchased a further 5,100 Antminer S19 Pros, with the firm targeting an operational hashrate of 2 exahashes per second by June 2021.
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Riot Blockchain Buys 8,000 of Bitmain’s Latest Bitcoin Miners, Company Targets 1.5 EH/s by 2021
Bitmain Technologies Inc. said Monday that Nasdaq-listed Riot Blockchain is buying 8,000 of its Antminer S19 Pro bitcoin miners in a deal worth $17.7 million. In a blog post, the Chinese crypto mining hardware maker stated that the machines will be delivered in batches of 2,000 over four straight months starting January 2021. “We are…
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Bitmain inks $18M Bitcoin mining rig sale with Riot Blockchain
The giant continues to give a boost to its prime product despite recent shipments issues.
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China’s Bitcoin Mining Industry Impacted the Most This Year, Says Report
The researchers and analysts from Tokeninsight published it’s “2020 Q2 Cryptocurrency Mining Industry Report” which shows the industry has grown exponentially during the last six months. The findings indicate cryptocurrency mining has expanded a great deal but China’s bitcoin mines “suffered a great impact” in H1. Tokeninsight published its “2020 Q2 Cryptocurrency Mining Industry Report”…