The new crypto-mining equipment to be bought by Cipher is expected to deliver 7.1 EH/s of self-mining capacity by the first half of 2025.
Iris Energy to double hash rate in 2024 with $22M Bitmain T21 mining rig order
Iris Energy will receive mining hardware orders from Bitmain in the first six months of 2024, taking its operational mining capacity above 10 EH/s.
Iris Energy to double hash rate in 2024 with $22M Bitmain T21 mining rig order
Iris Energy will receive mining hardware orders from Bitmain in the first six months of 2024, taking its operational mining capacity above 10 EH/s.
Iris Energy to double hash rate in 2024 with $22M Bitmain T21 mining rig order
Iris Energy will receive mining hardware orders from Bitmain in the first six months of 2024, taking its operational mining capacity above 10 EH/s.
English school turned BTC miner in China expands capacity with 220 new units
BTC Digital used to be a chain of English schools based in Shenzhen. Now it has mining farms in Pennsylvania and Tennessee.
Bitmain to start shipping new Bitcoin Antminer T21 in January 2024
Bitcoin miner supplier Bitmain has released its brand-new Antminer T21, featuring a computing power of 190 TH/s and an energy efficiency ratio of 19 J/TH.
Bitcoin ASIC manufacturer Bitmain pauses employee salary payments: Report
The firm cited difficulty in achieving “net positive cash flow” in making the decision.
Core Scientific cracks $77M Bitmain deal for 27K Bitcoin mining rigs
The deal was first finalized in August with Anchorage as another party agreeing to equity stake in the bankrupt crypto miner.
Bankrupt Bitcoin Miner Core Scientific to Buy 27K Bitmain Servers for $77M
Bitcoin miner Core Scientific (CORZQ) has agreed to exchange $23.1 million in cash and $53.9 million in common stock for 27,000 Bitmain S19J XP 151 TH bitcoin mining servers, according to a press release.
Bitcoin miners seek alternative energy sources to cut costs
The next generation of crypto mining will focus on alternative energy sources for efficiency.
Core Scientific’s bankruptcy plan includes equity stake for Bitmain and Anchorage
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.
Bitmain, Anchorage Expected to Take Equity in Bitcoin Miner Core Scientific as Part of Bankruptcy Plan
The world’s largest machine maker is set to take a $54 million stake in Core Scientific as the miner emerges out of Chapter 11 proceedings.
Amid Sanctions, Bitcoin Mining Machines Are ‘Flowing’ Into Russia, as Industry Thrives
Mining rig makers like Bitmain and MicroBT are expanding to Russia as the U.S. market becomes saturated, source said.
Bitcoin Miner CleanSpark Buys 12,500 Bitmain Machines for $40.5M
CleanSpark has been buying up assets during the bear market to reach its 2023-end of 16 EH/s, but discounts are getting smaller.
Hong Kong Asset Manager Metalpha Secures $5M from Bitmain for Grayscale-Based Fund
The firm has so far received $20 million out of its $100 million target for the fund.
Bitcoin Mining Rig Maker MicroBT Unveils Most Powerful Machine Yet
The Chinese rig maker’s new model can deliver a wooping 320 TH/s.
Bitcoin Mining Rig Maker MicroBT Unveils Most Powerful Machine Yet
The Chinese rig maker’s new model can deliver a wooping 320 TH/s.
CleanSpark Buys $144.9M of Bitcoin Mining Rigs to Double Its Hashrate
The brand new Bitmain Antminer S19 XPs miners will be delivered by September.
Bitcoin mining firm Bitmain reportedly fined for tax violations in China
Bitmain has reportedly failed to pay personal income taxes in accordance with China’s laws on the administration of tax collection.
‘Bad batch’ or flawed design? Compass Mining flags problems with new ASIC miners
The Bitcoin mining company is stumped as to why Bitmain changed the design of the S19 Antminers.