Bitmain News

Bitmain is investing $53.9 million in Core Scientific, the bankrupt Bitcoin miner, as part of an ongoing supply contract

Bitmain, a top crypto chip manufacturer, has initiated a campus recruitment program to discover new talent

On Jan. 28, Core Scientific (CORZ) filed a motion to sell $6.6m worth of Bitmain coupons to pay its debts.

Bitmain, a crypto chipset manufacturer, announced that it sold out its latest Antminer (HS3) in 27 seconds after release. Bitmain’s Antminer mining chips sell out Chinese private enterprise Bitmain has reportedly sold out its latest wardrobe, Antminer. The so-called Antminer…

TeraWulf, a US-based green energy bitcoin (BTC) miner, raised $10 million in financing to repay debts and announced buying more mining rigs from Bitmain. Its shares reacted with a 32% drop. In a recent filing to the US Securities and…

Iris Energy received a notice of demand from its lender and Bitcoin rig maker Bitmain Technologies for allegedly failing to honor a $107.8 million loan.

Bitmain, a leading manufacturer of cryptocurrency mining servers, has unveiled a signed purchase today to acquire a new mining facility in Iceland. The acquisition has been signed in conjunction with CTCAP Group, a company working on building, investing, and operating…

The city of Fort Worth, Texas is getting into the bitcoin mining business in an effort to position itself as a leader in the crypto industry. The city will conduct a six-month trial period to gain industry knowledge and position itself as a major mining center.

Bitmain has revealed that it’s building a new liquid cooling bitcoin (BTC) mining rig that boasts the best power efficiency than its previous crypto mining machines. Dubbed the Antminer S19 XP Hyd, the firm claims its new ASIC miner packs…

SAITECH, a company aiming to solve the climate change crisis, plans to eventually power its crypto mining operations with 100 percent renewable energy, significantly reducing their carbon print emissions in line with China’s strong national policies on decarbonizing by 2060,…

Weaker bitcoin miners are engaging in massive selloffs as Bitmain debuts a cheaper model in the Antminer series.  Inefficient Miners Offloading Bitcoin Likely Signaling Capitulation Smaller Bitcoin miners appear to be capitulating as figures show massive BTC selling. This trend…

Bitcoin mining giant, Bitmain Technologies, is in the news again for something negative. This time around, there are reports that the bitcoin mining company is involved with a crypto Ponzi scheme, BitClub Network, causing the company to come under the…

Chinese state media Sina is reporting that Bitcoin mining behemoth Bitmain is considering laying off up to half of its employees as the company envisages economic consequences of the coming Bitcoin halving event. Meanwhile, the legal tussle between the co-founders…

Bitmain Technologies, the world’s leading manufacturer of Bitcoin mining equipment, has strengthened its international presence by appointing Fastblock and Bit5ive as official distributors of Antminers in South America. The news was released by Newswire, December 12. Bitmain Aiming for South…

Bitcoin mining giants Bitmain Technologies and Canaan Creative seem to have found a new area of competition — launching a U.S. IPO. Both companies are set to go head to head in trying to one-up the other in what could…

In the latest salvo in the ongoing saga surrounding Bitmain, ousted co-founder Micree Zhan is threatening to fight back claiming to have been betrayed by his partners. Meanwhile, the Bitcoin mining giant is moving ahead with plans to launch a…