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.

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The Bitcoin miner announced the purchase of 20,000 new Antminer S19j Pro+ at a 25% discount, approximately $13.25 per terahash.

CleanSpark boosts computing power by 37% with thousands of new Bitmain rigs

Ana Paula Pereira

2023-02-17T17:21:19+00:00

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The judge’s ruling does not require Celsius debtors to sell the Bitmain coupons, which would need the consent of the committee of unsecured creditors.

Celsius bankruptcy judge authorizes the sale of $7.4M worth of Bitmain coupons

2023-02-16T16:30:00+00:00

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Bitfufu’s plans to go public have been delayed for the second time. The company is the cloud mining arm of Chinese mining giant Bitmain.

Cloud mining firm BitFuFu postpones merger with SPAC until May

Ana Paula Pereira

2023-02-08T21:30:00+00:00

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Dogecoin shifting to proof-of-stake would be good for the environment, but what impact would it have on miners and ASIC manufacturers?

Rumor has it that Dogecoin could shift to proof-of-stake — What does that mean for miners?

2023-01-31T19:15:00+00:00

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Market Analysis

Bitcoin miners have been under duress for more than a year and even with BTC price trading at $24,000, BTC mining stocks could still face challenges throughout ...

Bitcoin price is up, but BTC mining stocks could remain vulnerable throughout 2023

2023-01-30T18:37:16+00:00

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A court filing shows that some conditions apply to the coupons, making them useless for Core Scientific’s business.

Core Scientific files motion to sell over $6M in Bitmain coupons

Ana Paula Pereira

2023-01-28T20:16:57+00:00

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Bitmain-backed crypto lender Matrixport is the other half of a new funding round targeting a $100 million raise.

Crypto lender Matrixport seeks $100M funding despite lending crisis

2022-11-25T10:31:54+00:00

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An SEC filing stated Safari Group shareholders could vote to give the company the option to extend the Bitdeer deadline up to four times until December 2023.

Bitcoin mining firm Bitdeer could delay public offering till 2023

2022-11-02T20:15:00+00:00

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