Bitmain

2019’s Bitcoin Miners Are 5x Faster Than Predecessors

High-powered bitcoin miners and next-generation semiconductors go hand in hand and as process node technology grows, SHA256 hashrate follows. Coinshares’…

Highest in 2 Years: 65% of Bitcoin Hash Power Is in China, Report Finds

“China is a large country and there are many poorly developed areas with low-price, abundant electricity, such as Xinjiang, Yunnan,…

Bitcoin Miner Canaan’s Shares Plunge 40% Since IPO in November

Chinese Bitcoin (BTC) mining giant Canaan Creative’s depositary shares have seen a 40 percent drop in value since November initial…

Bitcoin Miner Riot Blockchain Announces Additional 1,000-Rig Purchase

Cryptocurrency mining firm Riot Blockchain announced the purchase of an additional 1,000 next-generation Bitmain S17-Pro Antminers on  Dec.12. This completes…

Mining Report Shows 65% of Bitcoin’s Hashpower Stems From China

As the end of 2019 approaches, Coinshares Research has published its bi-annual mining report that contains informative research and observations…

Ride ‘Em, Cowboy: Bitmain’s Marketing Gambit Ups Its Texas-Sized Position on Bitcoin

It’s possible the company sold bitcoins in the cash or futures markets, as options traders often do. Given market prices,…

Bitmain Expands in South America as Its Market Share Drops to 66%

Bitmain, the world’s largest cryptocurrency mining firm, is expanding its distribution in South America by partnering with two crypto mining…

Study: China’s BTC Miners Control 66% of Global Hash Rate

Chinese Bitcoin (BTC) miners are now responsible for controlling as much as 66% of global hash rate, a new report…

Wu Jihan Resurfaces As Bitmain CEO After Co-Founder Is Forced Out

Bitmain co-founder and tech billionaire Wu Jihan resurfaces at the helm of Beijing-based mining giant Bitmain at recent meeting with…

Bitmain Shifts Miner Sales Tactics, Betting Big on Bitcoin Halving Pump

For example, for users who purchase 1,000 units of AntMiner S17 Pro, worth about $1.5 million, the firm will give…

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