Bitmain

China-based BTC Digital announced the purchase of 220 new Bitcoin (BTC) mining units on Nov. 3, bringing its total number of machines to 2,174, with over 230PH/s of computing power. The new acquisitions are expected to become operational by the end of the month.The deal was made with &ldqu ...

Bitmain, a major global manufacturer of Bitcoin (BTC) application-specific integrated circuits (ASIC), has officially released its new air-cooled BTC miner, Antminer T21.Bitmain took to Twitter on Oct. 26 to announce the world premiere of the new Antminer T21, the firm’s new air-cooling mi ...

Until Bitcoin (BTC) breaks its long-established $25-30k trading range, the crypto market is arguably in what some analysts have called a “crab market”. It is likely that a decisive macroeconomic or crypto-specific catalyst will be necessary to break out of it. This failed to occur in the month of ...

Bitcoin miner Bitdeer Technologies, a firm spun-off from prominent Bitcoin Application-Specific Integrated Circuit (ASIC) manufacturer Bitmain, recorded a net loss of $40.4 million in Q2 2023, up from a net loss of $15.6 million in Q2 2022.The company disclosed in its earnings report publi ...

Cryptocurrency custody firm Anchorage Digital and major mining manufacturer Bitmain could take equity stakes in Core Scientific as part of the firm’s restructuring plan.According to an Aug. 8 filing in the United States Bankruptcy Court for the Southern District of Texas, Bitmain pla ...

While, intuitively, mining Bitcoin may appear like a highly profitable endeavor, research suggests otherwise. After discovering Bitcoin (BTC), most users go down the rabbit hole and consider whether it is better to mine or buy Bitcoin directly. They usually give up on mining due to th ...

Biggest manufacturer of mining equipment Bitmain introduced a new ASIC-miner Antminer KS3. It is designed to mine the not too well known cryptocurrency Kaspa with a capitalization of $356 million. The device has a capacity of 8.3 t ...

According to reports from China, Bitmain, one of the leading mining equipment manufacturers, has been fined 25 million yuan ($3.7 million) by local authorities for tax evasion. The Beijing Office of the State Administration of Taxation imposed the fine on Bitmain Technologies for failing to pay p ...

Compass Mining has recently issued a warning to the mining community regarding the updated Antminer S19 series devices. According to the company's official blog post, Bitmain, the mining equipment manufacturer, has made some changes to the design of the Bitmain S19 ASIC hashboard, which may sever ...