Bitmain Financial News
11.04 / 10:11
Mining
regulation
Taxes
Bitmain
Bitcoin
Bitcoin mining firm Bitmain reportedly fined for tax violations in China
Beijing-based cryptocurrency mining firm Bitmain has reportedly violated tax regulations in China, with local authorities imposing major fines.
17.02 / 20:25
business
Mining
Bitmain
Bitcoin
Power
CleanSpark boosts computing power by 37% with thousands of new Bitmain rigs
Bitcoin miner CleanSpark is growing its mining capacity in the United States, with the purchase of 20,000 new Antminer S19j Pro+ units for $43.6 million. The acquisition is expected to boost the company's computing power by 37%, and brings the total number of miners purchased during the bear market to 46,500 units.
16.02 / 19:58
regulation
Court
Bitmain
Bankruptcy
Celsius
Celsius bankruptcy
Celsius bankruptcy judge authorizes the sale of $7.4M worth of Bitmain coupons
Debtors for crypto lender Celsius Network have the authority to sell coupons for mining firm Bitmain coupons worth roughly $7.4 million following a ruling from a bankruptcy judge.
09.02 / 01:31
business
Mining
Bitmain
Cloud Mining
Cloud mining firm BitFuFu postpones merger with SPAC until May
Cloud mining firm Bitfufu, one of Bitmain's crypto firms, is delaying for the second time its plans to go public via a special-purpose acquisition company (SPAC), according to a statement on Feb. 7.
31.01 / 22:27
Dogecoin
markets
Blockchain
litecoin
proof-of-work
POW
Bitmain
stake
Rumor has it that Dogecoin could shift to proof-of-stake — What does that mean for miners?
There are rumors that Dogecoin could switch from proof-of-work to proof-of-stake (PoS).
30.01 / 21:49
markets
Mining
stocks
Bitmain
Bitcoin
Bitcoin Price
BTC Mining
Bitcoin price is up, but BTC mining stocks could remain vulnerable throughout 2023
Bitcoin mining stocks usually follow BTC’s price because it directly influences the company's earnings. These stocks were beaten down heavily in the last quarter of 2022, especially in the month of December. The downturn after FTX's collapse worsened with the bankruptcy filings of the largest U.S.-based Bitcoin mining company, Core Scientific.
28.01 / 23:35
business
Mining
Bitmain
Core Scientific files motion to sell over $6M in Bitmain coupons
Bankrupt Bitcoin (BTC) mining firm Core Scientific filed on Jan. 25 an emergency motion seeking to sell Bitmain coupons worth $6.6 million, according to court records.
13.12 / 19:15
Stablecoin
CFTC
Entertainment
Bitmain
lawsuits
Today in Crypto: Binance Introduces 'Pay', Law Firm Announces Lawsuits Against Yuga Labs (and Kevin Hart, Justin Bieber, Serena Williams...)
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
25.11 / 14:43
business
Bitmain
Bitcoin
Matrixport
Crypto lender Matrixport seeks $100M funding despite lending crisis
Matrixport, the cryptocurrency firm founded by Bitmain co-founder Wu Jihan, is in the process of raising $100 million in funding despite the ongoing crypto market crisis.
03.11 / 00:49
business
Mining
SEC
Bitmain
Bitcoin mining firm Bitdeer could delay public offering till 2023
Bitdeer, a crypto mining firm spun off from China-based mining manufacturer Bitmain, may see its public offering on Nasdaq delayed a year depending on a vote from shareholders of Blue Safari Group Acquisition Corp.
18.10 / 22:53
Hardware
Intel
Bitmain
Bitcoin
How to build a cryptocurrency mining rig
Cryptocurrency mining involves using a computer, or several computers, to validate transactions on a blockchain. Technically, these computers solve cryptographic equations and record data in a digital ledger. The more computers solving equations, the faster the blockchain can validate transactions.
06.07 / 11:31
Ethereum
Mining
proof-of-work
Bitmain
Bitmain to Launch its AntMiner E9 Despite the Ethereum Merge Edging Closer
Bitcoin (BTC) and crypto-mining monolith Bitmain will start selling its latest Ethereum (ETH) mining rig AntMiner E9 on Wednesday, even as Ethereum developers gear up for the blockchain’s shift to proof-of-stake (PoS).
01.03 / 23:17
Mining
Bitmain
Bitcoin
Intel's BMZ2 Bitcoin Miners to Improve Gross Profits by 130% Compared to Rival Antminer S19 Pro - GRIID
A US Securities and Exchanges Commission (SEC) filing by GRIID - an American infrastructure company that owns and operates a number of Bitcoin (BTC) mining facilities and one of Intel's first recipients of its upcoming "Bonanza Mine" chips - has claimed that the upcoming Bitcoin miners offer considerable efficiency, rivaling the current market leaders.
11.02 / 20:11
Ethereum
Chainalysis
Bitmain
Bitcoin
Intel Confirms its Crypto Mining Plan, Uber Repeats its Crypto Intentions + More News
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
11.02 / 19:53
business
Blockchain
Bitmain
Bitcoin
Standard
Joint Venture
Bitmain signs 500MW joint venture with sustainable BTC miner Merkle Standard
Beijing-based Bitmain has partnered with a United States-based sustainable Bitcoin miner, Merkle Standard, which will contribute capital investment, expertise and parts.
19.01 / 03:20
business
Bitmain
GPU
Bitcoin
Intel to reveal new energy-efficient Bitcoin mining ASIC at next ISSCC
Reports indicate that Intel, one of the largest computer processor manufacturers, intends to reveal a new “Ultra-Low-Voltage Energy-Efficient Bitcoin Mining ASIC” known as Bonanza Mine at the upcoming IEEE International Solid-State Circuits Conference in February 2022.
18.01 / 20:31
Ethereum
Binance
Bitmain
Bitcoin
Intel's Bitcoin Mining Surprise, Crypto Mortgage, BNB Burn + More News
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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