Bitmain News and Articles

Leading crypto mining manufacturer Bitmain announced it no longer delivers mining equipment to China (except for Hong Kong and Taiwan). According to the press release published by the company, it suspends the shipping from October 11. As for overseas business activities, they continue as usual. The...

According to the former CEO of Bitmain, Jihan Wu, strengthening control over the cryptocurrency industry will positively affect the development of this market segment. He expressed his point of view at the Asia Tech x Singapore conference. Cryptocurrency market capitalization has already exceeded $...

Chinese mining equipment manufacturer Bitmain will supply US-based TeraWulf with 30,000 Antminer S19j Pro devices. According to the agreement, miners will be delivered monthly from January to June 2022. As a result, the company expects the hashrate to grow by 3 EH/s. TeraWulf plans to go public....

ASIC miner manufacturer Bitmain has placed an order with Taiwanese TSMC for 5nm chips for its hardware. It is reported by Tom’s Hardware. TSMC plans to start production in the third quarter of 2021 and significantly increase production for Bitmain in the first quarter of 2022. TSMC N5...

American blockchain hosting provider Core Scientific has announced an agreement with Chinese mining equipment manufacturer Bitmain to purchase 112,800 Bitcoin mining devices. The party will be ASIC miners Antminer S19, S19 Pro, S19J, and S19J Pro. After receiving the purchased devices, Core...

Chinese mining company Bitmain has published the characteristics of the hashrate of an ASIC miner for mining ether (ETH). On Friday, April 16, the company announced the AntMiner E9 but did not provide particular details on the technical specifications of the device. In a tweet dated April 18,...

Jihan Wu is again the authorized representative and CEO of Bitmain Technology, Bitmain's Beijing-based operations arm. Mikri Zhang, another co-founder of the organization who was removed by Wu last October but recovered authority earlier this year, is no more the legal representative and CEO. The...

After taking over Beijing's Bitmain office, the removed CEO Mikri Zhang regained control of it and even blocked the supply of ASIC miners from the Shenzhen plant. According to the Chinese publication BlockBeats, Zhang has issued an order that prohibits employees from sending products to Bitmain...

Bitmain, a leading manufacturer of mining equipment, has launched the new Antminer T19 device. It is suitable for mining BTC and other crypto coins on the SHA256 algorithm. Key features of the model:...

Bitmain, the largest producer of mining equipment for Bitcoin, has published an official statement condemning ex-CEO Micree Zhan. This is reported by The Block, citing Bitmain's post on Weibo. The statement said that Zhan ignored the interests of the company and all employees and specifically filed...

Mining device manufacturers cut prices ahead of the halving of the first cryptocurrency. In some cases, the cost of miners dropped by 20%. Another reason was the March market crash. MicroBT now has a $2,000 price on WhatsMiner M30S model, while in early February it was $500 more expensive. The...

According to a new report by CB Insights, the volume of venture financing in the blockchain companies last year decreased by a third from $4.2 billion to $2.8 billion. Though the number of deals decreased only from 822 to 807. We just published a new report: The Blockchain Report 2020. Download the...

Former Bitmain CEO Micree Zhan has filed a lawsuit against the Chinese mining giant and subsidiary Zhanhua Intelligence Technologies, according to CoinDesk. A notice from the Changle District Court said the hearing was scheduled for February 11 but was rescheduled due to coronavirus. This is the...

Bitmain has presented specifications for the modern Antminer S19 and S19 Pro. According to the Chinese company, the new devices will provide miners with a steady income even after the upcoming cryptocurrency halving in May. The latest Antminer S19 and S19 Pro are available in 2 versions. So, the...

Six representatives of the crypto industry are included in the annual list of billionaires compiled by the Chinese research institute Hurun. The leader in the crypto segment was 42-year-old CEO of the cryptocurrency exchange Binance Changpeng Zhao with $2.6 billion. Compared to last year's data...

Shenzhen District Court decided to freeze 4.7 million yuan (about $676 thousand) owned by Century Cloud Core one of the divisions of the Chinese mining giant Bitmain. The court upheld the request by the supplier of spare parts for various electronic devices Dongguan Yongjiang Electronics to freeze...

Since listing on Nasdaq last month, Canaan, a Chinese mining company, has dipped by nearly 40%. In November, Canaan Creative raised $90 million during an IPO, posting 10 million US depositary receipts for $9. Оn December 13, the securities of a mining company are trading at around $5.71. In a...

The Chinese giant Bitmain allegedly placed an application for the purchase of 600,000 mining chips, which in the future could bring the company an additional $1.2 billion in profit. This was reported by the Block. The information came from a source close to TSMC, Taiwan's largest semiconductor...