Category: bitmain
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Mining Report Shows 65% of Bitcoin’s Hashpower Stems From China
As the end of 2019 approaches, Coinshares Research has published its bi-annual mining report that contains informative research and observations about the bitcoin mining industry. Since Coinshare’s last report published in June, BTC’s hashrate grew by 50 exahash per second (EH/s) and the firm believes a decent portion of the power stems from China. Also…
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Bitcoin Mining Operations Offer New Strategies Before Reward Reduction
[youtube https://www.youtube.com/watch?v=TjuzBZnhXJU&w=560&h=349] As the reward halving approaches, bitcoin miners are preparing new strategies so customers can reap the most profits from their hashrate services. On December 3, the mining operation Poolin introduced a hashrate auto-switch feature so clients can automatically switch between BTC and BCH mining. Moreover, a few days later at Bitmain’s annual customer…
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Mining Chip Maker Ebang Next in Line to File for US IPO
Ebang, the ASIC chip and mining rig manufacturer based in Hangzhou, China is allegedly filing for an initial public offering (IPO) in the U.S. following Canaan’s recent Nasdaq listing and Bitmain’s secret IPO filing. The world’s third-largest bitcoin mining hardware manufacturer plans to follow Canaan’s footsteps with an attempt to be listed on the American…
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ACIF – Asia Crypto Investment Forum Joins Thailand Blockchain Week
This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. ACIF, Asia Crypto Investment Forum hosted by Hashcube, will hold its first meetup on 28th November at The…
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Mining Giant Bitmain Confidentially Files for U.S.-Based IPO
According to reports, bitcoin mining manufacturer Bitmain Technologies confidentially filed for a U.S.-based initial public offering (IPO) with the Securities and Exchange Commission. The news follows the alleged removal of cofounder and executive director Micree Zhan and the recent announcement of a facility in Texas with the capacity to house 300MW of hashpower. Also read:…
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Bitmain Aims to Build a 300MW Texas Mining Farm
The Beijing-based Bitmain Technologies and DMG Blockchain Solutions announced the launch of a 25MW mining facility in Rockdale, Texas. The new mine aims to bolster Bitmain’s international expansion which will soon expand to 50MW of processing power and then extend the operation’s capacity to more than 300MW. Also read: The Silk Road Investigation: A ‘Pattern…
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Bitmain’s Jihan Wu Talks Mining and Industry Growth With Bitcoin.com’s CEO
[youtube https://www.youtube.com/watch?v=DF5NdNXzkCM&w=560&h=349] At the World Digital Mining Summit in Frankfurt, Germany, Bitcoin.com’s CEO Stefan Rust sat down with Jihan Wu, cofounder of Bitmain Technologies and Matrixport. The two discussed how cryptocurrencies being used for payments is spreading and how Bitmain is doing after the bear market last year. Also read: SEC Wants Second Look at…
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4 New High-Powered Bitcoin Miners Revealed
Bitmain Technologies and Canaan Creative have announced new mining rigs that process roughly 58-73 terahash per second (TH/s). Sources also reveal that Canaan’s initial public offering (IPO) could be listed in the U.S. next month. Also Read: Mining Firm Canaan Creative Secures Hundreds of Millions of Dollars in Funding Bitmain and Canaan Introduce Bitcoin Miners…
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Bitmain to Launch the World Digital Mining Map This October
SINGAPORE, 27 September, 2019 – During the World Digital Mining Summit (WDMS) – which will take place in Frankfurt on 8-10 October – Bitmain will launch the first platform to connect mining hardware owners with mining farm owners via the World Digital Mining Map (WDMM). To remain price-efficient, owners of mining hardware are regularly on…
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Bitcoin Cash City Conference Success Wrap-Up
So many firsts from the Bitcoin Cash City Conference – what a huge success and a proud feather in the cap of North Queensland. As the largest cryptocurrency conference ever held in Australia, Townsville situated in sunny North Queensland worked its magic, fielding a beautiful setting, turned on some perfect winter tropical weather, and went…