Bitmain orders 600,000 mining chips; purchase may drive valuation to $12 billion

2019-8-23 16:00

According to a recent update on the Chinese social media network WeChat, a source close to the chip-manufacturing firm, Taiwan Semiconductor Manufacturing Company, revealed that Bitmain has reportedly placed an order for 600,000 mining chips.

If true, this hige bid is likely to bring in huge profits for Bitmain. Interestingly, this batch includes the latest […]

The post Bitmain orders 600,000 mining chips; purchase may drive valuation to $12 billion appeared first on AMBCrypto.

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Источник: ambcrypto.com

bitmain mining → Результатов: 126

Bitmain suspends employee pay amid financial turmoil

Bitmain, a major player in the Bitcoin mining industry, has suspended employee salaries in response to financial struggle and poor progress on its mining operations. According to reports from internal employees at the company, this suspension includes both performance and basic wages, and impacts all Bitmain staff.

2023-10-10 22:20	Bitmain
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Estonian IT company inks $26M crypto mining deal with Bitmain

Burfa intends to purchase new cryptocurrency mining equipment from Bitmain to boost its data-center capacity.

2021-6-17 18:45
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Bitmain Launches Cheaper T19 Bitcoin Mining Hardware

Bitcoin (BTC) mining giant Bitmain has released a cheaper Antminer model as the competition among major players intensifies. Bitmain announced the news of the mining hardware rollout via a blog post published on Monday.

2020-6-1 17:26	BTC/USD
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Unconfirmed: Mining Giant Bitmain Is Being Investigated by U.S. Department of Justice

An insider states that Bitmain, the number one Bitcoin mining company, is now under a criminal investigation after selling equipment to BitClub

2020-1-14 17:19
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Upheaval at Bitcoin Mining Giant Bitman sees Jihan Wu Return to the Helm

Bitcoin mining giant Bitmain is once again reportedly undergoing an upheaval within its upper hierarchy. Bitmain’s ex-figurehead Jihan Wu seems to be calling the shots, dismissing co-founder Micree Zhan.

2019-10-29 22:00
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Bitmain Aims to Build a 300MW Texas Mining Farm

The Beijing-based Bitmain Technologies and DMG Blockchain Solutions announced the launch of a 25MW mining facility in Rockdale, Texas. The new mine aims to bolster Bitmain’s international expansion which will soon expand to 50MW of processing power and then extend the operation’s capacity to more than 300MW.

2019-10-23 08:00
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Bitmain Shares Experience Of Nearly 90% Reduction In Company’s Own BTC Mining Hash Power

Bitmain Had A Drop Of 88% In Its Own BTC Mining Power You may remember the time in which Bitmain was the king of the crypto market. That time is past now. According to recent reports, the internal mining operations of the company are down by 88%.

2019-5-8 01:34	Bitmain
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Top Bitcoin Market Analyst Says Bitmain’s Mining Operations Shutdown Will Not Affect the Industry

Bitmain, one of the largest crypto mining companies in the market has been affected by the bear trend in the industry. According to some reports, Bitmain could be shutting down its mining operations.

2019-1-2 22:25	News
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Crypto Analyst: Shutdown Of Bitmain’s Mining Operations Isn’t A “Big Deal”

While Bitmain has made forays into artificial intelligence and other budding markets, at heart, Bitmain is a Bitcoin– and crypto-centric mining startup. So, it should come as no surprise that industry participants were shell-shocked when hearsay arose that Bitmain was poised to shutter a number of its mining-related ventures.

2019-1-1 12:02	Mining
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Newsflash: Bitcoin Cash survival in jeopardy while Lightning Network development soars

Bitmain could fire up to 50% of its staffers which doesn’t bode well for BCH Chinese cryptocurrency mining giant Bitmain is not faring that well at the moment. This current environment of low crypto prices caused a sharp drop of interest for new mining equipment, and companies like Bitmain have felt that the most.

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3 Reasons Why the Bitmain IPO Could Fall Through

The ASIC (Application Specific Integrated Circuit) chip manufacturer of Bitmain is a privately held company headquartered in Beijing, China. Founded by Jihan Wu and Micree Zhan in 2013, the firm has grown to become one of the biggest player in designing hardware for mining Bitcoin.

2018-12-18 19:56	Roger Ver
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Bitmain’s New 7nm Chip Miners Are Available for Purchase Today

Chinese mining giant Bitmain's 7nm Bitcoin miners go on sale today, November 8, 2018. Announced in September of 2018, the miners allegedly offer considerably faster hash rates (though Bitmain didn’t disclose any specifications) and come in two separate Antminer models: the S15 and T15.

2018-11-9 18:52	Mining
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Could This Be the End for Bitmain?

It has not been a good year for cryptocurrency mining manufacturing giant Bitmain, as the company is suffering from inventory losses, a lack of new manufacturing and the dwindling crypto mining market, a Bloomberg report on 18 September 2018, revealed.

2018-9-21 17:00	Cryptocurrency
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Bitmain Prepares for Inaugural World Digital Mining Summit

Bitmain CEO Jihan Wu and Bitcoin(. com) CEO Roger Ver are set to discuss upcoming ecosystem developments, protocol upgrades and more during the first-ever World Digital Mining Summit, taking place Sept.

2018-8-29 18:00
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Bitmain IPO: Is the Unicorn Mining Giant Misleading Investors?

In early August 2018, Beijing-based Bitmain Technologies announced its plan to go public in Q4 2018 to much excitement and fanfare. The Chinese cryptocurrency company, founded in 2013 by Jihan Wu and Micree Zhan, has long been a powerhouse in the cryptocurrency space.

2018-8-22 02:05	Tencent
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Bitmain Is a Mining Giant—Can It Really Claim Just 4 Percent of Bitcoin’s Total Hashrate?

Bitmain, a crypto mining company with several sub-mining operations, recently announced new transparency measures meant to “foster greater dialogue between [Bitmain] and the cryptocurrency communities at large.

2018-7-27 05:35	News
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Bitmain Reveals the Total Hashrate of Its Cryptocurrency Mining Hardware

Chinese bitcoin mining giant Bitmain has revealed the total hashrate of all its cryptocurrency mining hardware. This was done as part of a larger push towards greater business transparency by the company ahead of its rumored massive IPO.

2018-7-26 23:20	transparency
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Bitmain Releases Internal Bitcoin Mining Hashrate Stats, Claims 4% Power

The largest mining company in the world, the Chinese Bitmain, has decided to publish regular reports on the size of its mining operations. This is part of a broader transparency initiative which will be used to open the company up before going public later this year with the Initial Public Offering (IPO). The Bitmain In-House […]

2018-7-26 22:48	News
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Mining Giant Bitmain Offers New Policy to Boost Its Transparency

Chinese mining company Bitmain has announced it is exploring new policies that will boost the company’s transparency and communication with the cryptocurrency community.

2018-7-26 19:33	Bitcoin
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Mining Giant Bitmain Receives Nearly $400 Million Investment, Considers IPO

Bitcoin mining giant Bitmain has just completed a round of funding which takes its value to a reported $12 billion dollars USD. The ASIC chip developer and mining pool operator was founded in 2013.

2018-7-8 19:21	Cryptocurrency News
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Bitmain Heading Towards 51% Control Over BTC Mining

Chinese crypto mining giant, Bitmain, has mined over 42% of all Bitcoin blocks recently giving rise to fears that the company could soon have control over the 51% threshold necessary for a network attack.

2018-6-25 15:14	News
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Bitmain Raises $400 Million Prior to its $12 Billion ICO, Growing Dominance

Bitmain’s ASIC dominance has continued, with Bitmain-based mining pools collectively accounting for nearly 50% of all Bitcoin mining power. Bitmain Dominates Bitcoin ASIC Industry Two prominent Bitcoin mining pools, BTC.

2018-6-25 12:00
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Bitmain Now Controls 42 Percent of Bitcoin’s Hashrate

Bitmain, the world’s largest manufacturer of cryptocurrency mining hardware, now controls approximately 42 percent of the Bitcoin network hashrate. The company owns BTC. com and AntPool, the two largest BTC mining pools in the world.

2018-6-25 02:00
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Bitmain Approaching 51% of Total Bitcoin Network Hashrate

Bitcoin Mining giant Bitmain has mined 42% of all Bitcoin blocks this past week, steadily moving closer to controlling a majority 51% of th network hash rate. Bitmain Moves Closer to 51% ASIC manufacturer and cryptocurrency mining giant Bitmain — claimed 42% of the total blocks found on the Bitcoin network from the past week.

2018-6-24 20:00
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Several Examples of Countries Where Сryptocurrency Mining Is Not Even Worth Starting

In May, the Chinese Bitmain — the world’s most known cryptocoin mining hardware vendor — has again lowered prices. The leading “workhorse” on miner’s site, Antminer S9 13. 5TH/s to mine Bitcoin and other cryptocurrencies via SHA256d protocol, now costs slightly more than US$800.

2018-6-15 18:26	News
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Chinese Cryptomining Chip Giant Bitmain Is Considering an IPO

Bitmain — the largest and most established manufacturer of cryptocurrency mining chips — is considering an IPO, or initial public offering. This could potentially open the company’s books to the world and allow the stock market to assign the company real-time value.

2018-6-11 01:34	Investing

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Arkon Energy Orders 27,700 New-Generation Bitcoin Mining Machines from Bitmain

The parties are set to finalize definitive agreements regarding this purchase order "in the coming days," the companies stated.

В Бутане обнаружили секретные государственные майнинговые фермы

Спутниковые снимки Planet Labs, Satellite Vu и Google Earth выдали местонахождение четырех государственных предприятий по добыче криптовалют в Королевстве Бутан.

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BTC Digital used to be a chain of English schools based in Shenzhen. Now it has mining farms in Pennsylvania and Tennessee.

Bitmain to start shipping new Bitcoin Antminer T21 in January 2024

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Bitmain suspends employee pay amid financial turmoil

Bitcoin ASIC manufacturer Bitmain pauses employee salary payments: Report

The firm cited difficulty in achieving “net positive cash flow” in making the decision.

Core Scientific seals $77M Bitmain deal for 27K Bitcoin mining rigs

The deal was first finalized in August, with Anchorage as another party agreeing to an equity stake in the bankrupt crypto miner.

2019-8-23 16:00

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