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.

News
Crypto market analysts tend to interpret Bitcoin miners selling their rewards as bearish, but miners countered this logic at the recent Bitmain WDMS conference.
3 reasons why Bitcoin miners are selling BTC — and why it’s not capitulation
Ray Salmond
2023-09-28T22:36:40+01:00
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News
Bitmain rolled out its efficiency-focused Antminer S21 at the WDMS, and Bitcoin miners shared their plans for boosting productivity via green energy.
Bitcoin miners double down on efficiency and renewable energy at the World Digital Mining Summit
Ray Salmond
2023-09-23T08:46:28+01:00
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News
The deal was first finalized in August, with Anchorage as another party agreeing to an equity stake in the bankrupt crypto miner.
Core Scientific seals $77M Bitmain deal for 27K Bitcoin mining rigs
Prashant Jha
2023-09-22T11:36:09+01:00
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Analysis
The next generation of crypto mining will focus on alternative energy sources for efficiency.
Bitcoin miners seek alternative energy sources to cut costs
Rachel Wolfson
2023-09-18T14:01:00+01:00
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News
The company entered into a $150 million share purchase agreement with B. Riley Financial on Aug. 10.
Bitdeer’s losses widen in Q2 after one-time $33M listing fee, shares up 44%
Zhiyuan Sun
2023-08-11T19:30:00+01:00
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News
If the plan is approved, Core Scientific could buy 27,000 Bitmain miners for roughly $23 million in cash and $54 million in company equity.
Core Scientific’s bankruptcy plan includes equity stake for Bitmain and Anchorage
Turner Wright
2023-08-08T22:48:25+01:00
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Markets News
Data suggests that investors are better off buying spot Bitcoin than attempting to mine it unless the market is in a mega bull run.
Buying Bitcoin is preferable to BTC mining in most circumstances — Analysis
Nivesh Rustgi
2023-06-15T18:26:42+01:00
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News
Bitmain has reportedly failed to pay personal income taxes in accordance with China’s laws on the administration of tax collection.
Bitcoin mining firm Bitmain reportedly fined for tax violations in China
Helen Partz
2023-04-11T10:54:39+01:00
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