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Bitmain’s Wu Regains Power Over Micree Zhan As Jihan Named Legal Representative
The struggle for Bitmain’s control has taken a different turn, with Jihan Wu regaining the position of executive director and legal representative of this Chinese Bitcoin mining rig manufacturer. According to the latest update on China’s business registration record, Macree Zhan will no longer serve in the above capacities but remains a general manager in […] The post Bitmain’s Wu Regains Power Over Micree Zhan As Jihan Named Legal Representative first appeared on BitcoinExchangeGuide. дальше »
2020-9-15 18:42 | |
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Bitcoin Hashrate Ramps to 130 Exahash Amid Next-Generation Miner Shortage
Regional reports from China have highlighted that a number of major Chinese ASIC mining rig manufacturers have sold out of their next-generation model stock. The shrinking supply of high-performance machines may be due to the shortage of 7nm and 8nm chips from TSMC and Samsung. дальше »
2020-9-13 05:30 | |
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Bitcoin mining rig manufacturer Canaan posted net loss, CEO cites Covid-19 and BTC halving
Canaan Inc, a leading Chinese Bitcoin mining hardware manufacturer published its unaudited second quarter (2020) financial results. As per the report, the company’s gross profit increased year over The post Bitcoin mining rig manufacturer Canaan posted net loss, CEO cites Covid-19 and BTC halving appeared first on AMBCrypto. дальше »
2020-9-1 01:11 | |
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Mining Company Ebang’s Stock Listed on Nasdaq Down 11%, Firm Plans to Launch Offshore Exchange
The bitcoin ASIC mining rig manufacturer, Ebang International Holdings, was recently listed on Nasdaq last Friday on June 26. Ebang is now the second mining rig manufacturer to have a U. S. initial public offering (IPO) by selling company shares. дальше »
2020-7-3 03:05 | |
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Bitcoin ASIC Miner Manufacturing Domination: Bitmain and Microbt Battle for Top Positions
On June 16, 2020, Bitmex researchers published a report that noted bitcoin mining rig manufacturers have consolidated a great deal and in the future, Bitmex researchers predict that “only 2 to 3 players will survive into the longer term. дальше »
2020-6-23 00:02 | |
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Bitmain’s Cofounder Accused of Hindering Next-Gen Bitcoin Mining Rig Shipments
On June 11, 2020, regional reports disclosed that the cofounder of Bitmain, Micree Zhan, is still battling with Jihan Wu in an ongoing feud. The quarrel is allegedly causing shipment problems for customers, as reports note that Zhan is prohibiting deliveries stemming from the company’s Shenzhen factory. дальше »
2020-6-15 22:08 | |
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Bitmain Releases Lower Cost Bitcoin Miner to Fend Off Competition
Bitmain has launched the Antminer T19, a cheaper version of its more efficient S19 Bitcoin Miner. Bitmain Launches Competitive Bitcoin Miner Bitmain has launched a new Antminer Bitcoin mining rig... The post Bitmain Releases Lower Cost Bitcoin Miner to Fend Off Competition appeared first on Crypto Briefing. дальше »
2020-6-1 16:03 | |
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Canaan Narrows Q1 Loss to $5.6 Million Amid Weakening Demand for Mining Hardware
Bitcoin mining rig manufacturer Canaan Creative reported a net loss of $5. 6 million for the first quarter of 2020, down from $9. 5 million a year earlier. The Chinese company cut prices of its ASIC-based machines by over 50% in an effort to improve sales, but that wasn’t enough to prevent the heavy loss. дальше »
2020-5-24 06:01 | |
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45 Older-Generation Bitcoin Miners Are Unprofitable After the Reward Halving
On May 11, the Bitcoin network experienced its third block reward halving, which had chopped the 12.5 BTC reward to 6.25 coins following the event. It’s been close to a week later, and data stemming from mining rig profitability websites show that more than 45 older generation devices are not profitable right now at today’s […] The post 45 Older-Generation Bitcoin Miners Are Unprofitable After the Reward Halving appeared first on Bitcoin News. дальше »
2020-5-19 19:45 | |
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Bitcoin Mining Markets Heat Up: Ebang’s $41M Deficit, Bitmain’s Alleged 2020 Revenue
The Chinese ASIC mining rig manufacturer Bitmain reportedly pulled in $300 million in revenue during Q1 2020. Meanwhile, as Bitmain claims to be regaining market share, the firm Ebang recently applied with the U. дальше »
2020-5-10 03:01 | |
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Iranian Govt Greenlights iMiner’s 6000 Rig BTC Mining Farm to Commence Operations
Reports have emerged that the Iranian Ministry of Industry, Mine and Trade has issued Turkey-based BTC miners – iMiner – an operating license. The company has already injected over 311 billion Rials an equivalent of $7. дальше »
2020-5-5 18:37 | |
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Microbt Reveals Two Next-Generation Mining Rigs With Speeds Up to 112 Terahash
Competition is heating up in the world of bitcoin mining rig manufacturing. Just recently, the Chinese producer Microbt has announced the launch of the M30S++ miner that processes speeds up to 112 terahash per second (TH/s). дальше »
2020-4-19 17:35 | |
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Bitcoin Miners Reveal Concerns Over Mining Rig Shipment Delays and Bitcoin Halving
The cryptocurrency market rout in mid-March, which saw bitcoin’s price slide significantly in value, has strained bitcoin mining operations by slashing considerable revenue from the block rewards. дальше »
2020-4-16 22:50 | |
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What Would it Cost to Build a Bitcoin Mining Rig Today?
Poolin. com has put together an updated analysis of the present cost of putting together a profitable Bitcoin mining rig. This information provides a unique insight into the complexities of the ever-changing mining landscape. дальше »
2020-4-5 19:33 | |
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Bitcoin Mining Rig Manufacturer Canaan Sued – Accused of Misleading IPO Investors
Bitcoin mining rig manufacturer Canaan Inc. is being sued for allegedly breaking U. S. securities laws before its initial public offering (IPO). Phillippe Lemieux, a Canaan investor, filed a class-action lawsuit that claims the company violated the Securities Act of 1933. дальше »
2020-3-8 03:05 | |
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Most Powerful Bitcoin Mining Rig Announced as Competition Intensifies
The cryptocurrency markets may still be cooling off after a solid start to the year — but the Bitcoin mining industry is heating up. Mining giant Bitmain has just announced its latest hardware in the battle to mine bitcoins more efficiently. дальше »
2020-2-29 04:10 | |
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Bitmain Unveils 2 Bitcoin Miners With Max Speeds Up to 110TH/s Per Unit
On Thursday, the China-based mining rig manufacturer Bitmain announced the launch of two new Antminer S19 series models that process between 95 to 110 trillion hashes per second (TH/s). The Antminer S19 Pro model with 110TH/s and 29 joules per terahash (J/TH) is 24 trillion hashes per second faster than Microbt’s latest Whatsminer M30S model […] The post Bitmain Unveils 2 Bitcoin Miners With Max Speeds Up to 110TH/s Per Unit appeared first on Bitcoin News. дальше »
2020-2-28 00:25 | |
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Bitmain Unveils its Most Powerful Bitcoin Mining Rig Yet
Bitmain may change the Bitcoin mining game again, with the upcoming shipments of Antminer S19, the newest model in the ASIC lineup. Antminer Yet to Announce Shipping, Prices for New Rig Model Antminer S19 can quickly make the previous models that powered the Bitcoin network obsolete. дальше »
2020-2-28 16:00 | |
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Coronavirus Quarantine Controls and Shipping Delays Impact Bitcoin Miners
During the first week of February, a few of the top mining rig manufacturers from China revealed they were forced to postpone device shipments due to the ongoing coronavirus outbreak. Regional reports from the country now disclose that shipments will be delayed even longer and Chinese mining rig companies and second-market suppliers are feeling significant […] The post Coronavirus Quarantine Controls and Shipping Delays Impact Bitcoin Miners appeared first on Bitcoin News. дальше »
2020-2-22 20:12 | |
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Did Justin Sun Rig Super Rep Election? Two Tron DApps Received Votes From ‘Zion’ Account
The Tron foundation is under pressure from its blockchain community after it came to light that Justin Sun may have voted as a Super Representative (SR) in two apps built on this network. These details were ‘confirmed’ after the Zion address which is linked to the TRX Genesis coins was traced to have been part […] дальше »
2020-2-20 20:54 | |
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Mining Giant Canaan Faces Stiff Competition After IPO Shares Slump
On November 21, the Chinese mining rig manufacturer Canaan Inc. launched its initial public offering (IPO) sale of $90 million worth of U. S. shares. Canaan shares initially sold for $8. 99, but plummeted over 48% on December 16 to $4. дальше »
2020-1-11 22:00 | |
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Bitmain Loses $625 Million In Two Months, But Pins Hopes On New Tech
Bitcoin mining rig manufacturer, Bitmain, reportedly made losses of $625 million in the first two months of 2019. However, it has high hopes for a turnaround based on demand for new 7nm mining machines. дальше »
2019-8-3 12:51 | |
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Ready To Start Mining? Here’s What You Need To Know
Cryptocurrency prices are back on the rise, and the number of miners is rising with them. In the past couple of months, hashrates have been racing higher, indicating that some large-scale miners may be back in business. дальше »
2019-7-23 22:44 | |
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The Smartest Way to Mine Bitcoin: Hashmart
Let’s be honest – getting into Bitcoin mining can be costly. In fact, quite costly. Both in terms of hardware and electricity costs. Unfortunately, most can’t afford to build their own mining rig early on and their computers are just not good enough since long ago. дальше »
2019-7-18 17:52 | |
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Mining Rig Manufacturers Struggle To Keep Up With Demand
While bitcoin's current upward trend has increased the demand for mining rigs, manufacturers are also feeling the heat from established mining operations that need more computing power.
дальше »2019-6-26 00:10 | |
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CoinMine Now Allows Mining Enthusiasts To Be Paid In Bitcoin (BTC)
For those of our readers who may not be aware, the device previously allowed owners to only mine selected alt-assets such as monero, zcash, grin and ethereum. However, the rig now allows users to receive their payouts in BTC. дальше »
2019-6-23 01:37 | |
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At-Home Mining Rig Coinmine One Can Now Mine Bitcoin
According to Coinmine founder Farbood Nivi, the Coinmine One's new bitcoin mining capabilities can earn at-home miners about $15-$20 a month in BTC, but the electricity it takes to meet those marks isn't outlined. дальше »
2019-6-21 19:01 | |
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Bitmain Launches Low-Cost Special Edition Antminer S9
On Monday, June 17, the Chinese mining rig manufacturer Bitmain Technologies announced the launch of a low-cost miner called the Antminer S9 version SE. The new 16 terahash per second (16TH/s) S9 SE is $350 per unit and the launch celebrates the company’s most popular product, the original S9. дальше »
2019-6-18 22:20 | |
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Chinese Bitcoin miner arrested for stealing electricity from oil well
Authorities in China have arrested a man after he reportedly stole electricity from an oil well to mine Bitcoin. The arrest was made after the police received a phone call from Daqing Oilfield, located in Haerken district (Tsitsihar, China) on May 28th. дальше »
2019-6-14 15:23 | |
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Bitcoin [BTC]: Dutch man dupes investors of $26 million after promising returns on Bitcoin mining rigs
Bitcoin mining is a lucrative activity. However, of late, it has also become the source for many associated criminal activities. An individual from Apeldoorn in the Netherlands was caught for money laundering after duping over 10 people who invested in his Bitcoin mining rig. дальше »
2019-5-22 21:30 | |
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