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CryptoCurrency
Wall Street Bitcoin Miners Equipment Worth Millions Stranded as U.S. Tightens Screws
2024-11-26T10:07:58.694+02:00
U.S. Customs is allegedly detaining the latest-model Bitmain Bitcoin mining equipment at multiple ports.
Bitcoin mining firms from Wall Street face mounting storage fees and delays exceeding two months.
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CryptoCurrency
Bitmain Faces Salary Payment Suspension amid Financial Struggles
2023-10-10T13:03:11.136+02:00
Hive expects Bitmain miners to boost revenue through calculated impact.
Concerns mount as the company struggles to achieve positive cash flow.
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CryptoCurrency
BTC Miner Bitmain Fined $3.6M in China: Report
2023-04-11T15:17:58.129+02:00
The firm reportedly evaded $2.4M in personal income tax on employee benefits.
Chinese government crackdown is troubling the firm's manufacturing business.
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CryptoCurrency
BitFuFu Announces Plans to Go Public in US via SPAC
2022-01-25T18:02:13.564+02:00
BitFuFu, a Hong Kong-based cloud mining platform, plans to go public in the US.
The company, merging with Arisz Acquisition Corp, is targeting a $1.5 billion valuation.
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CryptoCurrency
Vortex Brands Purchases Additional 8 S19j Pros Crypto Mining Machines
2022-01-24T19:47:09.640+02:00
Vortex Brands has ordered additional crypto machines.
The company plans to expand its bitcoin mining operations.
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CryptoCurrency
Intel Plans to Launch Bitcoin-Mining ‘Bonanza Mine’ Chip
2022-01-18T20:53:47.380+02:00
Intel plans to enter into the Bitcoin mining hardware business.
Intel soon competes with bitcoin mining giants like Bitmain.
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Creek Road Miners Buys 600 Bitcoin Mining Machines from Bitmain
2021-12-24T09:06:23.867+02:00
Creek Road Miners buys 600 Antminers to expand its crypto mining capabilities.
An increasing number of firms continue to demand crypto mining machines.
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Bitmain Suspends Sales amid China’s Crackdown on Crypto Mining
2021-06-24T22:24:12.000+02:00
A company spokesman did not comment if the rig maker will resume the business.
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Felipe Erazo
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News
Bitmain-Rival MicroBT Plans for a US IPO
2021-01-14T12:27:32.000+02:00
The Chinese company raised $700 million in 2019.
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Arnab Shome
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Riot Blockchain Spends $35 Million for New Batch of Antminers
2020-12-22T12:42:08.000+02:00
Full deployment of the miners will expectedly increase its hash rate by 65 percent.
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Bitmain Launches International Version of AntSentry
2020-12-11T10:48:45.000+02:00
The company plans to make crypto mining easier with the launch of AntSentry International.
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Marathon Orders $23 Million Worth New Bitmain Antminers
2020-08-14T14:20:00.000+02:00
The company will become one of the largest Bitcoin mining farms in North America.
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Bitmain Delays Antminer Shipments Citing Management Chaos
2020-08-06T12:15:42.000+02:00
The co-founders are battling to take control of the hardware giant.
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On Crypto Twitter, Rumours Allege that Bitmain's Jihan Wu May Face Charges
2020-06-22T11:00:02.000+02:00
Twitter user @molllliy posted a translation of an announcement that allegedly originated from Micree Zhan regarding Jihan Wu
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Ousted Bitmain Co-Founder Takes Beijing Office with Hired Guards: Report
2020-06-05T11:09:58.000+02:00
Micree Zhan, who has been attempting to regain footing at Bitmain for months, may have finally succeeded.
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Riot Blockchain Buys Another 1,000 Antminer S19 Pro for $2.3M
2020-06-04T09:00:41.000+02:00
The mining company purchased a total of 3,040 miners, S19 Pro and S19 combined.
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Bitmain Adds Antminer T19 to Its Top ASIC Lineup
2020-06-01T08:53:47.000+02:00
The firm will start ship the new miner later this month.
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Riot Blockchain Adds Another 1,040 Bitmain S19s to Its Arsenal
2020-05-08T14:42:33.000+02:00
The company added a total of 2,040 Antminers and will deploy them by Q3 2020.
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Riot Blockchain Buys 1,000 Bitmain Miners for $2.4 Million
2020-05-01T17:48:03.000+02:00
The mining company purchases next generation S19 Pro Antminers
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Bitmain Co-Founder Eyes to Regain Control, Wins Partial Legal Battle
2020-04-30T14:38:25.000+02:00
The company will appeal over the decision of the bureau.
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News
Bitmain's Crypto 'Antminer' Units Are Failing: Samson Mow
2020-04-27T09:19:43.000+02:00
Bitmain's CEO reportedly blames the equipment failures on the company's ousted co-founder.
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Ousted Bitmain Co-Founder Launches a 2nd Lawsuit to Regain Power
2020-03-09T11:12:30.000+02:00
Micree Ketuan Zhan has launched a series of legal battles in the war to regain control over a Bitmain subsidiary.
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Jihan Wu's Matrixport Looks to Raise $40 Million
2020-03-04T14:39:01.000+02:00
If successful, the funding will put take the company’s current valuation of $114 million to $300 million.
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Management Chaos: Jihan Wu Steps Down as Bitmain’s Legal Rep
2020-01-06T09:51:39.000+02:00
The firm is also reportedly planning for a management shuffle.
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News
BTC Halving Impact? Bitmain Planning to Sack 50% of Its Staff
2020-01-03T10:09:07.000+02:00
The decision is to be finalized in its annual meeting scheduled for January 17.
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