Bitmain News

Bitmain Technologies Limited is a privately-owned Chinese company, founded by Jihan Wu and Micree Zhan. Bitmain is also an operator of Antpool, one of the largest Bitcoin mining pools. Bitmain has offices in China, the US, Israel, the Netherlands and Switzerland. Bitmain was originally established to develop an ASIC chip capable of mining Bitcoin, but soon became an investor in mining software developer as well. The company is now working on creating chips for artificial intelligence. Bitmain Ltc., is a very successful company, with around $3.5 billion in profit generated in 2017. Bitmain is considered to be one of the most influential companies in the cryptocurrency industry by generating high-grade Bitcoin mining hardware, having huge mining capabilities and because of their technological advances. Bitmain has been criticized for centralizing the Bitcoin network and its monopolistic position in mining products with Bitmain’s Antminer S9 and Antminer T9+.
News
Bitmain will reveal a new flagship series of Antminers designed to “safeguard miners for future mining.” The new S19 will produce 95 terahash per second.
Ahead of Bitcoin Halving, Bitmain Announces Upcoming Antiminer S19
Samuel Haig
2020-02-27T13:30:00+00:00
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News
Binance CEO Changpeng Zhao has overtaken Bitmain’s ousted co-founder Micree Zhan Ketuan in the latest Hurun Global Rich List.
Binance’s CZ Overtakes Bitmain Co-Founder in New Hurun Rich List
Helen Partz
2020-02-26T18:48:00+00:00
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News
Once the “world's most powerful” hardware for mining Ether, Antminer E3 will allegedly stop mining the coin in about 45 days, 2Miners says.
Bitmain’s Antminer E3 Will Allegedly Stop Ethereum Mining in 1 Month: Report
Helen Partz
2020-02-24T20:21:00+00:00
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News
In the Senate, Loeffler will reportedly help oversee the Commodity Futures Trading Commission (CFTC), a potential conflict of interest given that her husband’s ...
Five Crypto Relationships Worth Noting on Valentine’s Day
Andrew Singer
2020-02-14T22:32:00+00:00
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News
Leading Bitcoin Cash personalities and companies are forcing the community to introduce a tax on block rewards to fund development, amid strong criticism.
Major Bitcoin Cash Pools Force 12.5% Mining Tax on Community
Andrey Shevchenko
2020-01-24T19:18:00+00:00
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News
Tech company DMG Blockchain Solutions has installed 1,000 new Bitcoin mining machines at its facilities in British Columbia, Canada.
Canada’s DMG Blockchain Installs 1,000 New Bitcoin Mining Rigs for US Client
Ana Alexandre
2020-01-09T13:54:00+00:00
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News
Mining firm Riot Blockchain has begun deploying around 3,000 new S17 Pro Antminers as part of an upgrade of its Oklahoma City mining facility.
3,000 New S17 Pro Antminers Start Operation at Riot's Oklahoma Crypto Mine
Ana Alexandre
2020-01-08T20:16:00+00:00
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News
The ousted co-founder of Bitcoin mining giant Bitmain — Micree Zhan — has issued a statement opposing purported labor cuts at the firm.
Ousted Co-Founder of Crypto Mining Firm Bitmain Opposes Layoffs
Helen Partz
2020-01-06T13:04:00+00:00
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