2 / 3 Relevant items tagged with #Bitmain
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English school turned BTC miner in China expands capacity with 220 new units
[Nov 3, 2023 1:00 PM] BTC Digital used to be a chain of English schools based in Shenzhen. Now it has mining farms in Pennsylvania and Tennessee.
An In-Depth Analysis of 7 Advanced Bitcoin Miners From Bitmain, Canaan, and Microbt
[Oct 26, 2023 9:30 PM] Recently, the top three bitcoin mining rig manufacturers unveiled a group of next-generation products with efficiency ratings of less than 20 joules per terahash (J/T) and powerful hashrates. In total, Bitmain, Canaan, and Microbt released seven…
Bitmain to start shipping new Bitcoin Antminer T21 in January 2024
[Oct 26, 2023 7:12 AM] 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.
Bitmain Unveils New T21 Bitcoin Miner; Offers BTC Fluctuation Protection Plan
[Oct 25, 2023 3:45 PM] On Wednesday, the bitcoin mining rig manufacturer Bitmain announced the introduction of a new air-cooled BTC miner, the T21 Antminer. The new device boasts a production capacity of up to 190 terahash per second (TH/s) and maintains an efficiency…
Microbt Debuts M60 Series in Dubai; Bitcoin Mining Rigs Boast 18.5 J/T Efficiency
[Oct 25, 2023 1:00 AM] During the Blockchain Life 2023 event in Dubai, Microbt rolled out its latest Whatsminer M60 series, which boasts an efficiency rating of 18.5 joules per terahash (J/T). Whatsminer M60 Series Showcased in Dubai On Tuesday, at the Blockchain Life…
Bitmain to Support Aleo’s PoW Blockchain With Latest Antminer Release
Bitmain Halts Employee Salaries Amid Financial Woes, Report
[Oct 11, 2023 4:00 AM] Mining hardware manufacturer Bitmain has temporarily suspended salary payments to its employees, a media report has revealed. News of the move comes along with information suggesting that the crypto giant is experiencing financial difficulties with…
Bitcoin ASIC manufacturer Bitmain pauses employee salary payments: Report
[Oct 9, 2023 10:28 AM] The firm cited difficulty in achieving “net positive cash flow” in making the decision.
16 Joules per Terahash: Bitmain Unveils High-Efficiency S21 Bitcoin Miners at Hong Kong Summit
[Sep 22, 2023 12:00 PM] Bitmain, a leading bitcoin mining rig manufacturer, has introduced the newest addition to its Antminer products: the S21 series. The newest models have an efficiency rating under 20 joules per terahash (J/T) and produce between 200 terahash per…
Core Scientific seals $77M Bitmain deal for 27K Bitcoin mining rigs
[Sep 22, 2023 4:36 AM] The deal was first finalized in August, with Anchorage as another party agreeing to an equity stake in the bankrupt crypto miner.
Bankrupt Bitcoin Miner Core Scientific to Buy 27K Bitmain Servers for $77M
[Sep 22, 2023 1:42 AM] 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.
Microbt Plans to Launch Next-Gen Bitcoin Mining Machine With 1X Efficiency Rating
[Sep 19, 2023 4:00 PM] On September 19, 2023, Microbt, the manufacturer of bitcoin (BTC) application-specific integrated circuit (ASIC) mining rigs, revealed its intentions to introduce an innovative mining machine with an efficiency rating of 1X joules per terahash…
Bitcoin miners seek alternative energy sources to cut costs
[Sep 18, 2023 7:01 AM] The next generation of crypto mining will focus on alternative energy sources for efficiency.
Canaan Unveils Cutting-Edge Avalon 14 Series Bitcoin Miners
Bitmain’s Upcoming Monero ASIC Miner Sparks Anxious Buzz Within XMR Community
[Aug 27, 2023 5:30 PM] In an announcement on Sunday, cryptocurrency mining rig manufacturer Bitmain revealed its intention to sell a machine designed for mining the digital currency monero (XMR). The machine boasts a hashrate of 212 kilohash per second (KH/s), and the…
Bitmain Dispatches Initial KS3 Antminers Amid Surge in Kaspa’s Hashrate
[Aug 22, 2023 12:00 AM] According to Bitmain, the well known crypto ASIC mining rig manufacturer, the company has shipped its first batch of KS3 Antminer machines. Despite each rig costing $49,800, Bitmain sold out of the first batch and announced another batch of KS3…
Kiyosaki: Buy Silver Before It’s Gone; Michael Burry Bets Against Stocks — Week in Review
[Aug 20, 2023 6:30 AM] Rich Dad Poor Dad author Robert Kiyosaki urges buying silver before it’s gone, hedge fund manager Michael Burry has bet $1.6 billion on the stock market collapsing, and mining rig manufacturer Bitmain is set to reveal a cutting-edge BTC…
Canaan Cuts Bitcoin Mining Power by 2 EH/s Amid US, Kazakhstan Challenges
[Aug 20, 2023 2:30 AM] Canaan, a leading high-performance computing firm and mining rig producer, recently disclosed hurdles set to dent its bitcoin mining activities and revenue from Q3 2023 onward. These setbacks primarily stem from diminished operational hours of…
UK Researchers Claim New Tech Supercharges Bitcoin Mining With 260% Faster Hash Detection, Slashes Energy Use
[Aug 19, 2023 12:00 AM] Quantum Blockchain Technologies (QBT), a research firm hailing from the U.K., purports to have spearheaded a revolutionary leap in bitcoin mining tech. They’ve unveiled certain methods that reportedly enhance the chances of pinpointing a…
Bitmain to Reveal Groundbreaking Antminer S21 at 2023 World Digital Mining Summit
[Aug 14, 2023 4:30 PM] Reports have surfaced that Bitmain, the well known mining rig manufacturer, intends to unveil a cutting-edge bitcoin (BTC) miner at the 2023 World Digital Mining Summit (WDMS) in Hong Kong this coming September. The device, christened the Antminer…
TSMC Advances Towards 2-Nanometer Chips in Taiwan; A Breakthrough That Could Revolutionize Bitcoin Mining
[Aug 10, 2023 3:30 PM] Taiwan Semiconductor Manufacturing Co. (TSMC) is taking bold strides toward the future of semiconductor technology, planning to manufacture next-generation 2-nanometer (nm) chips at a new plant in Kaohsiung, Taiwan. Reports detail that the date for…
Core Scientific's bankruptcy plan includes equity stake for Bitmain and Anchorage
[Aug 8, 2023 3:48 PM] 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
[Aug 8, 2023 8:02 AM] 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
[Jul 28, 2023 7:58 AM] Mining rig makers like Bitmain and MicroBT are expanding to Russia as the U.S. market becomes saturated, source said.
Auradine Unveils Teraflux, New Line of US-Crafted Bitcoin Mining Rigs Providing Up to 270 TH/s
[Jul 26, 2023 4:00 PM] According to a press release published July 25, 2023, Auradine, a new competitor in the blockchain infrastructure sector, is entering the application-specific integrated circuit (ASIC) bitcoin mining industry with a line of bitcoin mining rigs…
ASIC Manufacturer Bitmain Unveils $38K Filecoin Mining Rig
[Jul 21, 2023 5:30 PM] Bitmain, the mining rig manufacturer, has announced the launch of a new rig that mines the digital currency filecoin (FIL). Similar to the company’s KAS Miner KS3, the new FIL miner carries a hefty price tag of $38,888 per machine. Bitmain…
Samsung’s 3nm GAA Chip Discovered in Microbt’s Next-Gen Bitcoin Mining Rig
[Jul 20, 2023 12:00 PM] According to reports, the 3-nanometer (nm) Gate-All-Around (GAA) semiconductor from Samsung has been discovered in use after a year since its release. Until now, there were no confirmed applications of the technology. Techinsights found…
Bitcoin Miner CleanSpark Buys 12,500 Bitmain Machines for $40.5M
[Jun 1, 2023 7:00 AM] 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
[May 25, 2023 7:15 AM] The firm has so far received $20 million out of its $100 million target for the fund.