A U.S. firm expects to double its Bitcoin hashing power after the purchase of 4,800 new S19J mining rigs from Bitmain.
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.
The company said it held more than $94 million in crypto as of March 31, all from Bitcoin it has mined.17878
The $138.5 million deal will add an estimated 3.7 EH/s to Riot’s existing and planned mining capacity.7637
A Judge has nixed a lawsuit alleging Roger Ver and Jesse Powell and several other crypto figures engaged in market manipulation.9494
Despite launching in December, Blockcap plans to possess an operational hash rate of 3.5 EH/s by 2022.16911
What are the benefits of standardizing hash rates, and how will the mining industry evolve over the next 12 months? We speak to BitFuFu’s independent director, Celine Lu.10087
Bitcoin miner maker Bitmain is reportedly in hot water in Taiwan amid the backdrop of the ongoing U.S.-China tech tussle.6047
“I have resigned from the CEO and Chairman of Bitmain as of today,” said Jihan Wu.6722
With crypto mining gaining momentum, here’s the newest products coming out in 2021 and what Bitcoin miners should look to buy.62931
The year-long dispute between Bitmain co-founders appears to be at an end with a $600 million compensation on the table.9992
Nasdaq-listed crypto firm Riot Blockchain purchases additional 15,000 Antminers from Bitmain for $35 million.24911
Crypto is no stranger to weirdos, so here’s a few times the space got strange in 2020.4775
Bitcoin Core touts itself as a direct descendant of Satoshi Nakamoto’s original Bitcoin software client.12531
Bitcoin's bull market is having a dramatic effect on demand for hardware resources as miners look to ramp up production.12298
Where can you mine Bitcoin and Ether in 2020? Here are the top tips about mining pools and what you need to know before joining one of them.30006