Bitmain’s revenge, Hong Kong’s crypto rollercoaster: Asia Express

2023-10-21 16:30

Bitmain allegedly fires staff for speaking out against salary cuts, Hong Kong investors lose faith in crypto after the JPEX scandal, Bitget gets a new crypto credit card and more.

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Источник: cointelegraph.com

crypto bitmain → Результатов: 126

Bitcoin price shrugs off bears, but mining stocks take a beating: Report

The crypto mining sector is becoming increasingly competitive, with hash rate showing no sign of slowing down, and Bitmain has released a new rig.

2023-10-21 15:24	transparency
mining sign showing hash rate slowing down

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Crypto Crisis: Bitmain Salary Suspensions And Exec Departures Amplify Chaos

In the ever-evolving landscape of crypto, recent developments have sent shockwaves throughout the industry, further deepening what can only be described as a “crypto crisis.” The upheaval has been marked by financial struggles at major companies and notable leadership changes that are raising questions about the stability and future of the digital currency market. Related […]

2023-10-11 20:00	ripple
crypto crisis struggles major companies notable upheaval

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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.

2023-9-22 13:36	Bitmain
deal party anchorage agreeing another crypto miner

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Crypto chipset maker Bitmain plans to add new talent

Bitmain, a top crypto chip manufacturer, has initiated a campus recruitment program to discover new talent

2023-9-4 23:08	Mining
new crypto talent bitmain campus initiated recruitment

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ASIC-Maker Bitmain to Compensate Miners During Volatility Spikes

For first time ever, cryptocurrency mining equipment producer is going to protect its customers from crypto volatility

2023-8-22 20:15
volatility going producer equipment protect crypto customers

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Bitmain, Anchorage Digital eye equity stake in Core Scientific comeback from bankruptcy

Core Scientific, one of North America’s largest crypto mining companies, recently filed an updated restructuring plan in its Chapter 11 bankruptcy case. The comprehensive plan involves major crypto-native companies Anchorage Digital and Bitmain taking equity stakes in Core Scientific.

2023-8-9 18:30	Mining
core scientific companies plan bitmain bankruptcy anchorage

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Bitmain Crypto Mining Company Faces $3.5M Fine for Tax Violations in China

The Bitcoin mining-focused manufacturer Bitmain is facing a fine of $3.5 million for unpaid income taxes in Beijing, China. The post Bitmain Crypto Mining Company Faces $3.5M Fine for Tax Violations in China appeared first on BeInCrypto.

2023-4-11 11:00
china bitmain fine mining crypto violations faces

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Bitmain Partner BitFuFu Starts Marketplace for Crypto Mining Rig Coupons

The discount coupons issued last year haven't been used because miners don't have the cash to spend on new equipment.

2023-2-21 16:00	Exclusive
coupons miners used don new equipment spend

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Crypto Miner CleanSpark Extends Bear-Market Strategy, Buying 20K of Bitmain's Newest Rigs

The new Bitmain Antminer S19j Pro+ will add 37% to CleanSpark's computing power.

2023-2-17 17:00	U.S.
bitmain cleanspark pro antminer s19j power computing

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Judge Clears Celsius' Plan to Sell Bitmain Mining Coupons Worth Over $7M

The crypto lender must sell the vouchers before they expire, to raise funds for the bankruptcy estate

2023-2-17 16:43	Celsius
sell must expire vouchers funds estate bankruptcy

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Bankrupt Crypto Lender Celsius Seeks to Raise $14M From Bitmain Mining Vouchers

The company joins Core Scientific in trying to offload the assets before expiry, and will use the funds to repay creditors.

2023-2-10 12:47	Finance
assets offload expiry trying repay creditors funds

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Hong Kong Firm With Ties to Bitmain Reorganizes to Focus on Crypto Asset Management and Hedging

Newly-named Metalpha has its work cut out for it, hedging an uncertain market for institutional clients.

2023-1-10 04:55	Business
hedging cut out work kong institutional clients

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Bitmain’s Antminer HS3 sells out in 27 seconds

Bitmain, a crypto chipset manufacturer, announced that it sold out its latest Antminer (HS3) in 27 seconds after release. Bitmain’s Antminer mining chips sell out Chinese private enterprise Bitmain has reportedly sold out its latest wardrobe, Antminer. The so-called Antminer…

2022-12-21 16:53	Bitmain
antminer out bitmain sold latest seconds hs3

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Bitcoin miner TeraWulf raises $17M in Q3, but here's the catch

Riot Blockchain reported revenue of $46.3 million for Q3 2022 Australian crypto mining group Iris Energy has received a default notice from Bitmain Technologies Bitcoin mining company TeraWThe post Bitcoin miner TeraWulf raises $17M in Q3, but here's the catch appeared first on AMBCrypto.

2022-11-15 13:30	News
bitcoin mining catch terawulf raises miner 17m

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Bitmain Founder Jihan Wu Setting Up $250M Fund to Buy Distressed Bitcoin Mining Assets: Report

Jihan Wu, crypto billionaire and founder of bitcoin miner maker Bitmain, is setting up a $250 million fund to purchase distressed assets from mining firms, Bloomberg reported Tuesday.

2022-9-27 17:23	Business
bitcoin mining assets bitmain fund distressed founder

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Crypto regulation is needed to restore market confidence, says John Ge

The co-founder of Bitmain believes that regulation is needed to restore confidence in the… The post Crypto regulation is needed to restore market confidence, says John Ge appeared first on CoinJournal.

2022-8-9 10:14	Interview
restore confidence regulation needed crypto john says

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Hatten Land Attracts New Partner for its Crypto Mining Activities With Additional 550 Crypto Mining Rigs that can be Installed and Operated in 2022

Businesses under Hatten Land’s Property Portfolio to Accept Major Cryptocurrencies For Transactions and Payments – BITMAIN’s S19J Pro crypto mining rig is considered to be...

2022-3-31 17:59
crypto mining hatten land major property portfolio

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Georgia lawmakers consider giving crypto miners tax exemptions in new bill

The state is expected to have 56,000 Bitmain miners operating by October as part of an agreement with Bitmain, ISW Holdings, and Bit5iv.

2022-2-19 01:30	United States
miners bitmain october part operating bit5iv holdings

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Jihan Wu says the crypto market will grow to tens of trillions of dollars

Jihan Wu, Bitmain’s co-founder and a crypto entrepreneur, believes the crypto market will continue growing to reach tens of trillions of dollars. He aired his opinions during an interview on December 23, saying the crypto market is volatile, but the sector’s growth will outweigh the price fluctuations.

2021-12-25 20:09	Cryptocurrency
crypto market jihan trillions tens dollars saying

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Bitmain Co-Founder Sees Crypto Industry Growing to Tens of Trillions of Dollars

Jihan Wu sees the industry reaching tens of trillions of dollars

2021-12-23 18:56
trillions dollars industry tens sees reaching jihan

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Bitmain will no longer ship Bitcoin mining equipment to China

Chinese Cryptocurrency mining equipment manufacturer, Bitmain will be taking its business outside China following the crypto ban in the country. The company announced this through a blog post on SundaThe post Bitmain will no longer ship Bitcoin mining equipment to China appeared first on AMBCrypto.

2021-10-10 16:00	BTC Trading View
china bitmain equipment mining ship bitcoin longer

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Bitmain stops shipment of Antminer crypto mining rigs into China

Bitmain plans to identify green energy mining opportunities from power generation projects in Chinese provinces.

2021-10-11 11:48	Taiwan
mining bitmain green energy plans opportunities identify

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Bitmain's Jihan Wu discusses 'next phase of growth' post China's crypto crackdown

China's latest crackdown on the crypto industry had a severe impact on several industry players, especially miners located in China. While China's move was met with criticism by several analysts and oThe post Bitmain's Jihan Wu discusses 'next phase of growth' post China's crypto crackdown appeared first on AMBCrypto.

2021-10-1 02:30	News
china crackdown crypto phase bitmain industry discusses

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Bitmain Moves Production Out of China, Crypto Mining Pools Continue to Shut Down

Meanwhile, Chinese giants Tencent and Alibaba apply for several Metaverse-related trademarks while Huawei Cloud launches blockchain services. The post Bitmain Moves Production Out of China, Crypto Mining Pools Continue to Shut Down first appeared on BitcoinExchangeGuide.

2021-9-29 16:32	bitcoin mining
continue pools down bitmain mining shut crypto

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Crypto Venture of Bitmain Co-Founder Now Has Unicorn Status

Bitmain co-founder Jihan Wu has managed to stage a comeback with his own unicorn

2021-8-2 08:46
co-founder unicorn bitmain comeback stage own managed

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Bitmain to Host Miners in 180-Megawatt Data Center in Kazakhstan

Crypto mining hardware manufacturer Bitmain has partnered with Enegix to host Antminer S19 Pro devices in one of the world’s largest data centers. The facility located in Kazakhstan is designed to accommodate more than 50,000 mining rigs.

2021-7-25 23:00
kazakhstan bitmain data mining host centers facility

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Bitmain Discontinues Sales of Bitcoin Mining Gear Amid Chinese Crackdown

Leading Bitcoin mining rig manufacturer Bitmain Technologies Ltd has reportedly stopped the sales of mining rigs following the Chinese crackdown on crypto mining. Influx Of Secondhand Sellers Causes Bitmain To Stop Sales The Beijing mining giant decided to halt sales of machines for spot delivery due to the high rate of secondhand Bitcoin miners selling […] The post Bitmain Discontinues Sales of Bitcoin Mining Gear Amid Chinese Crackdown first appeared on BitcoinExchangeGuide.

2021-6-24 18:12	Mining
mining sales bitmain bitcoin chinese crackdown gear

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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
bitmain mining new purchase intends burfa equipment

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Bitmain Cofounder Jihan Wu Says ‘Crypto Industry May Surpass the Internet’

During the Second 421 Wet Season Festival and Mining Ecology Conference the Chairman of the Bitdeer Group and cofounder of Bitmain, Jihan Wu spoke about institutions flocking to cryptocurrency mining.

2021-5-2 19:00
cofounder bitmain jihan mining conference bitdeer chairman

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Asia’s largest crypto neo-bank Matrixport hits $10B in digital assets

Matrixport, a leading digital asset neo-bank, announced today that it had passed $10 billion in assets under custody (AUC). Matrixport was established in February 2019 by former Bitmain co-foundeThe post Asia’s largest crypto neo-bank Matrixport hits $10B in digital assets appeared first on AMBCrypto.

2021-4-8 11:15	SPN News
matrixport assets digital neo-bank hits largest crypto

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Bitcoin (BTC) Mining Hardware Producer Bitmain Announced Price of S19

Chinese crypto journalist and insider Colin Wu shares major announcements from Bitmain's first conference without Jihan Wu

2021-3-13 17:40
bitmain major insider shares announcements colin jihan

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Mining Rig Manufacturers Diversify as Market Heats up

Bitmain Runs out of Antminers Crypto mining hardware company Bitmain posted on Feb. 27 that some Antminers were sold out. In particular, the first batch of Antminer S19j after the Chinese Lunar New Year was sold out.

2021-3-1 23:16
out bitmain antminers mining sold batch particular

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China’s Bitcoin Mining Rig Manufacturers Pressed by Demand, Advance Orders, Devices Sold Out

A regional report from China indicates that bitcoin mining rig manufacturers have seen a massive surge in demand since the price of the leading crypto asset skyrocketed. Companies such as Canaan Creative have placed significantly sized mining rig orders while other companies like Bitmain are completely sold out.

2021-2-27 01:30
mining rig orders sold out china companies

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Chinese Lottery Firm 500.com Acquires Crypto Mining Pool BTC.com

BTC.com is currently owned by Bitdeer Technologies and former Bitmain CEO Jihan Wu.

2021-2-16 15:57
btc technologies bitdeer bitmain jihan ceo owned

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Bitmain CEO announces departure in the most crypto way

“I have resigned from the CEO and Chairman of Bitmain as of today,” said Jihan Wu.

2021-1-27 21:17	China
bitmain ceo resigned chairman jihan said today

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First-Ever Bitcoin Cash (BCH) Option to Be Launched by Bitmain Founder Jihan Wu

One of the most influential Chinese crypto entrepreneurs, Jihan Wu formerly of Bitmain, is going all in on Bitcoin Cash (BCH) with his derivatives platform

2021-1-20 14:18
jihan bitmain bitcoin cash bch going derivatives

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Riot Blockchain Adds to Mining Fleet With $6M Bitmain Purchase

North American cryptocurrency mining company Riot Blockchain has announced the purchase of 2,500 next-generation S19 Pro Antminer crypto miners for $6. 1 million from Bitmain. According to a press release, the company’s goal is to expand and upgrade its mining operations by securing the most energy-efficient miners on the market.

2020-10-8 12:15
mining purchase miners riot bitmain company blockchain

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Riot Blockchain Buys 8,000 of Bitmain’s Latest Bitcoin Miners, Company Targets 1.5 EH/s by 2021

Bitmain Technologies Inc. said Monday that Nasdaq-listed Riot Blockchain is buying 8,000 of its Antminer S19 Pro bitcoin miners in a deal worth $17. 7 million. In a blog post, the Chinese crypto mining hardware maker stated that the machines will be delivered in batches of 2,000 over four straight months starting January 2021.

2020-8-26 22:30
miners 2021 riot bitcoin blockchain bitmain stated

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Blockchain Bites: Bulls Reborn, Backrunning Bots, Bitmain Blowout

Ethereum Classic was hit with another 51% attack and Instagram is seeing a proliferation of crypto scams.

2020-8-7 19:18	Blockchain Bites
instagram attack another seeing scams crypto proliferation

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Bitmain Spin-Off Launches Crypto Exchange to Go After Booming Options Market

Matrixport has set up its own derivatives exchange and now wants to take on Deribit, the market leader for crypto options.

2020-7-28 19:58	CoinFlash
options market exchange crypto derivatives take wants

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Core Scientific and Horizon Kinetics expand investment in next-gen crypto mining equipment

Core Scientific, a US-based blockchain hosting provider, announced today it has partnered with New York-based investment manager Horizon Kinetics to upgrade the cryptocurrency miners it hosts for Horizon Kinetics to the Antminer S19 and S19 Pro models manufactured by Bitmain.

2020-7-3 19:07
horizon kinetics core s19 investment scientific cryptocurrency

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Bitcoin Finds Support at $9,000, Bitmain Woes and More: News Roundup

Ever since it hit a high of $10,429 at the start of the month, Bitcoin’s price has been dropping gradually. At press time, it stands at $9,220, having dropped 2% in the past 24 hours. The pioneer crypto hit $8,910 earlier today, its lowest since late May, but has since bounced back.

2020-6-16 21:18	South Korea
hit bitcoin past hours pioneer dropped stands

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Ousted Bitmain Co-founder Storms Beijing Office with Armed Guards

Another salvo has been fired into the Bitmain power mix after it was revealed that ousted co-founder Micree Zhan attempted a forceful takeover of the company’s Beijing office. Tweeting on Thursday, the Chinese crypto news platform BlockBeats posted video footage allegedly showing Zhan leading “Bao Ans” (private guards) in the attempted coup.

2020-6-4 16:47
guards ousted attempted office zhan co-founder beijing

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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.

2020-6-1 16:03	Mining
bitcoin bitmain miner antminer competition launched off

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Era of Bitcoin Mining Giant Bitmain Is Truly Over, Says Crypto Analyst Tuur Demeester

Cryptocurrency mining titan Bitmain has already lost its crown, according to Tuur Demeester

2020-5-25 22:19
demeester bitmain mining tuur cryptocurrency titan according

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The CoinDesk 50: Bitmain, the Behemoth of Bitcoin Mining

Bitmain remains at the center of the crypto economy. But, in China, "mining avengers" are racing to catch up.

2020-5-10 16:13
mining bitmain avengers china racing catch center

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Конфликт в руководстве Bitmain привел к арестам

Полиция в Пекине арестовала представителя компании Bitmain Ляо Лю за нападение на бывшего CEO и сооснователя майнингового гиганта Микри Чжана. По словам партнера компании Primitive Crypto Дови Ван, Чжан получил в Бюро промышленности и торговли в офисе в Пекине лицензию Bitmain в качестве законного представителя.

2020-5-8 13:58
bitmain представителя пекине компании дови ван crypto

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Crypto Mining Giant Bitmain Confirms Problems With Antminer S17 Units

After several customer complaints aired on social media, Chinese mining giant Bitmain confirms that some of its Antminer S17 units have issues.

2020-5-7 14:37
s17 units confirms antminer bitmain giant mining

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Bitmain Rolls Out Antminer S19 Miner Sales; Already Sold Out, Won’t Ship Until Halving

Only a month after making the announcement that it’s going to release the crypto mining hardware Antminer S19 Series, Bitmain has put the product on sale. The sales are to be made domestically first and internationally very soon after.