BITMAIN
Bitmain is a multinational semiconductor company with state-of-the-art IC design capabilities for bitcoin mining.
Bitmain Faces Record Fine as China Tightens Scrutiny on "Greenwashing" Bitcoin Mining
Bitmain faces a $3.7 million fine in China for greenwashing claims in Bitcoin mining, signaling heightened scrutiny and stricter regulations on environmental compliance.
US Authorities Uncover Chinese-linked Bitcoin Mining Operations
US authorities have identified a significant number of Chinese-linked Bitcoin mining operations across the United States, sparking national security concerns. Published by The New York Times on October 13, the report highlights the close proximity of some of these operations to critical military and infrastructure sites. Amidst escalating US-China political tensions, the surge in Chinese Bitcoin mining operations in the US, coupled with their substantial energy consumption, poses critical questions regarding cybersecurity, energy sustainability, and geopolitical dynamics.
Bitmain Commits $54 Million Investment in Core Scientific, Inc. Amid New Supply Contract
Core Scientific has secured a $53.9 million investment from Bitmain, a leading manufacturer of digital currency mining servers. The deal involves a $23.1 million cash payment and an equity exchange worth $53.9 million in Core Scientific common stock. The partnership aims to boost the Bitcoin Network's efficiency and contribute to the company's self-mining hash rate.
CleanSpark Buys 20000 New Bitcoin Miners to Boost
CleanSpark bought 20,000 Antminer S19j Pro+ devices for $32.3 million to increase its mining capacity.
Core Scientific seeks to sell $6.6 million in Bitmain coupons
On Jan. 25, bankrupt Bitcoin mining business Core Scientific filed an emergency move to sell Bitmain coupons.
Bitcoin Miner CleanSparks Buys 10,000 Miners at Discounted Price
American Nasdaq-listed cryptocurrency mining company CleanSpark has announced the purchase of new 10,000 Antminer S19j Pro units for $28 million.
Ethereum Classic Receives $10m Capital Boost from AntPool
Layer-1 blockchain protocol, Ethereum Classic has received a new $10 million capital boost for its ecosystem as announced by AntPool, the mining pool offshoot of Bitmain.
Thailand Sees PoW Mining Surge As China Ban Lingers On
As the popular saying goes, one man’s food is another man’s poison, the same can be said of crypto mining which is largely on the rise in Thailand amidst the persistent ban on related activities in China.
Marathon Digital Buys 78,000 Antminer S19 XP Bitcoin Miners Worth Almost $900M
Marathon Digital Holdings announced that it ordered 78,000 Antminer S19 XP bitcoin mining machines worth $879.06 million from Bitmain.
Semiconductor Design Company Bitmain Suspends Sales of Antminers in Mainland China
The multinational semiconductor company Bitmain Technology Holding announced that from October 11, 2021, Bitmain's Antminer will stop shipping to mainland China in order to comply with a series of local bans on strict crackdowns on cryptocurrencies.
Crypto Platform Matrixport under Bitmain Co-Founder Received $100M in Series C Funding,Valued over $1B
The Singapore-based Digital financial service platform Matrixport led by Wu Jihan, the co-founder of the world's top Bitcoin mining machine provider giant Bitmain mining, raised $100 million in Series C financing.
Bitcoin Miner Gryphon Announces the Purchase of 7.2K Antminers S19J Pro from Bitmain for $48M
The bitcoin mining company Gryphon Digital Mining announced that it has purchased 7,200 S19J Pro ant mining machines manufactured by bitcoin mining machine manufacturer Bitmain Technology Co., Ltd for $48 million.
Co-Founder Jihan Wu Resigns from Crypto Mining Giant Bitmain
Jihan Wu, the co-founder of Bitmain, has announced that he is stepping down as the chairman of the company in light of internal power struggles.
Largest North American Bitcoin Self-Mining Company, Marathon Announces $250 Million Registered Direct Offering of Common Stock
Marathon Patent Group, Inc. (Marathon) the largest enterprise Bitcoin mining company in North America announced a $250 million registered direct offering of common stock.
Jihan Wu Regains Control Of China Bitcoin Miner Making Giant Bitmain
Jihan Wu has regained his status as legal representative and executive director of Bitmain stripping Micree Zhan of broad controlling powers.