Pennsylvania software firm Integrated Ventures has announced the purchase of 4,800 Bitcoin (BTC) mining rigs from Chinese manufacturer Bitmain. The deal is worth just over $34 million and will see 400 of Bitmain’s Antminer model...
Read MoreBitcoin (BTC) mining rig manufacturer, Bitmain, has issued a notice to customers stating that normal business operations will resume as normal in light of former CEO and chairman Jihan Wu’s departure from the company. Orders of...
Read MoreAt the beginning of this unusual and sometimes difficult year, the cryptocurrency world reminisced about the crypto mining boom and whether it was now over. But soon, the fears were washed away as large companies registered on...
Read MoreFor the past several months, miners around the world have been extremely active, which can be seen through spikes in hash rates that coincided with a significant increase in the prices of cryptocurrencies. At the beginning of...
Read MoreNasdaq-listed Bitcoin (BTC) mining firm Riot Blockchain has announced a new purchase of 5,100 Bitmain S19 Pro Antminers, that are slated for deployment in February 2021.The new miners will be purchased for $11.2 million, and...
Read MoreMajor cryptocurrency mining hardware manufacturer Bitmain is making a major sale to Riot Blockchain, a Nasdaq-listed crypto mining company.According to an Aug. 24 announcement, the firms signed a $17.7 million purchase agreement...
Read MoreBitmain, the world’s largest Bitcoin (BTC) mining hardware company, is postponing its product orders amid ongoing internal conflicts.As officially announced on Aug. 6, Bitmain will be delaying their June and July 2020 Antminer...
Read MoreIn the ongoing power struggle at cryptocurrency mining giant Bitmain, not only have accusations of “illegal power seizures” made headlines, but now the physical theft of mining hardware as well.A new post on Bitmain-owned...
Read MoreRecent investments into cryptocurrency mining equipment by smaller players could be a positive signal for the longevity and value of Bitcoin (BTC). In late June, United States-based blockchain firm Core Scientific ordered over...
Read MoreUnited States-based crypto mining host Core Scientific has announced that the $5.3 billion asset manager and hedge fund Horizon Kinetics has upgraded its investment to access Bitmain’s news Antminer S19 and S19 Pro models.The...
Read MoreU.S. mining firm Riot Blockchain has published its financial report for Q1 2020 — painting a picture of a company heavily reliant on equity and debt financing to fund its operations.The firm reported recurring losses and...
Read MoreU.S.-based mining firm, Riot Blockchain, has more than doubled the number of next-generation Bitcoin (BTC) miners it has purchased, buying 1,040 Antminer S19s from Bitmain on May 6. The additional miners cost the firm $1.9...
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