Benchmark analyst Mark Palmer initiated coverage of Bitdeer on Thursday, giving the miner a buy rating and setting a price target of $13.
Bitmain News
A private, Beijing-based company, Bitmain Technology Holding Company, or Bitmain, produces blockchain and artificial intelligence-specific hardware and software components. Micree Zhan and Jihan Wu founded Bitmain in 2013. Wu formerly served as Bitmain’s CEO. As a solution to disputes between Wu and Zhan, however, Wu departed his posts as Bitmain CEO and chairman in 2021.
Bitmain is the company behind the Antminer, a well-known crypto mining hardware brand. Bitmain has built multiple models under the Antminer name, including the Bitmain Antminer S9, the Bitmain Antminer S17, the Antminer T19 and the Antminer S19. Bitmain also makes a mining farm product called Antbox.
- 4210
Bitdeer said Jihan Wu would be moving from chair of the company’s board of directors to CEO starting on March 1, replacing Linghui Kong.
2589The new crypto mining equipment to be bought by Cipher is expected to deliver 7.1 EH/s of self-mining capacity by the first half of 2025.
6529Iris Energy will receive mining hardware orders from Bitmain in the first six months of 2024, taking its operational mining capacity above 10 EH/s.
4697BTC Digital used to be a chain of English schools based in Shenzhen. Now it has mining farms in Pennsylvania and Tennessee.
11104Bitcoin miner supplier Bitmain has released its brand-new Antminer T21, featuring a computing power of 190 TH/s and an energy efficiency ratio of 19 J/TH.
9252The crypto mining sector is becoming increasingly competitive, with hash rate showing no sign of slowing down, and Bitmain has released a new rig.
6067Crypto market analysts tend to interpret Bitcoin miners selling their rewards as bearish, but miners countered this logic at the recent Bitmain WDMS conference.
7522Bitmain rolled out its efficiency-focused Antminer S21 at the WDMS, and Bitcoin miners shared their plans for boosting productivity via green energy.
10407The deal was first finalized in August, with Anchorage as another party agreeing to an equity stake in the bankrupt crypto miner.
6264The next generation of crypto mining will focus on alternative energy sources for efficiency.
5685The company entered into a $150 million share purchase agreement with B. Riley Financial on Aug. 10.
6975If the plan is approved, Core Scientific could buy 27,000 Bitmain miners for roughly $23 million in cash and $54 million in company equity.
2393Data suggests that investors are better off buying spot Bitcoin than attempting to mine it unless the market is in a mega bull run.
4040Bitmain has reportedly failed to pay personal income taxes in accordance with China’s laws on the administration of tax collection.
5287