Bloomberg Reports on US Investigation into Bitmain
The largest manufacturer of Bitcoin miners, Bitmain, has become the subject of a US government investigation due to potential national security threats, according to Bloomberg.
Bloomberg Reports on US Investigation into Bitmain
The largest manufacturer of Bitcoin miners, Bitmain, has become the subject of a US government investigation due to potential national security threats, according to Bloomberg.
Tether and Antalpha Seek $200 Million for Tether Gold Treasury
Tether and the Bitmain-affiliated financial firm Antalpha aim to raise $200 million for an entity that will establish a treasury in the stablecoin Tether Gold (XAUT), according to Bloomberg.
Bitmain to Establish Bitcoin Miner Production in the US by Year-End
Bitmain, the world’s largest manufacturer of bitcoin mining equipment, is set to open its first factory in the United States. Irene Gao, the head of the company’s global business, told Bloomberg that this will occur in the coming months. By the end of the third quarter, Bitmain is expected to establish production facilities in either […]
Bitmain Unveils Bitcoin Miner with 9.5 J/TH Energy Efficiency
Bitmain has introduced the flagship of its latest series of bitcoin miners, the Antminer S23 Hydro, boasting an energy efficiency of 9.5 J/TH. ?ANTMINER S23 Hyd. Newly Launched at WDMS 2025!?580T 9.5J/TSales Start from May 28th, 9:00AM (EST)Shipping from Q1, 2026 pic.twitter.com/Kg3VJTt7Rg — BITMAIN (@BITMAINtech) May 27, 2025 The hydro-cooled device delivers a hash rate […]
Media Uncover Connection Between New Bitcoin Miner Cango and Bitmain
Cango has agreed to sell its Chinese auto-financing business for $352 million to a firm affiliated with a Bitmain subsidiary, as reported by TheMinerMag. According to a press release, the buyer is Ursalpha Digital Limited. The deal includes an advance payment of $210.6 million and additional payments contingent on meeting tax obligations and reducing the […]
US Customs Releases Seized Bitmain ASIC Miners
The US Customs and Border Protection (CBP) has released a significant batch of mining equipment previously held at the border. This was reported by Reuters, citing Taras Kulik, head of Synteq Digital. “Evidently, there were people in the CBP who disliked bitcoin mining, so they wanted to create a headache for the entire sector, and […]
US Customs Halts Import of Bitmain ASIC Miners
The US Customs and Border Protection (CBP) is detaining bitcoin mining devices upon entry into the country at the request of the Federal Communications Commission (FCC), reports Blockspace. Confiscations of imported ASIC miners Antminer S21 and T21 from Bitmain began as early as autumn 2024. This is presumably linked to the use of AI chips […]
Bitcoin Miner Prices Surge in China Amid Rising Demand
Amid new price records for the leading cryptocurrency, the cost of ASIC miners in China has surged due to increased demand, including from Russia, according to local media reports. A hardware dealer in Shenzhen informed journalists that he sold popular Antminer S21 units for $5600 each, approximately 30% higher than their price a year ago. […]
Bitmain to Establish Bitcoin Miner Production in the US
The Chinese mining equipment manufacturer Bitmain has announced the launch of a new production line in the United States. *BITMAIN Launching U.S. Production Line*BITMAIN is thrilled to announce the launch of its new production line in the United States. This strategic move aims to provide faster response times and more efficient services to the North […]
Bitmain Expands Antminer S21 Series with Two New Bitcoin Miners
At the Bitcoin Amsterdam 2024 forum, Bitmain unveiled two new modifications of its Antminer S21 series for bitcoin mining. ?? Bitcoin Amsterdam?ANTMINER S21+ Hyd.& S21+ Newly Launched ?S21+ Hyd. ❗ 319T ❗ 15.0J/T ?S21+❗ 216T ❗ 16.5J/T? Allow the exchange on a 1:1 hashrate basis?Shipping from 2025 Q1 to Q2 pic.twitter.com/eYpK73X5V9 — BITMAIN (@BITMAINtech) October […]
Hut 8 Unveils Cutting-Edge ASIC Miner for Bitcoin Extraction
The publicly traded company Hut 8 has introduced a next-generation miner, developed in collaboration with Bitmain, known as the U3S21EXPH.
Bitfarms Faces Challenges with Bitmain Bitcoin Miners
In July, the mining firm Bitfarms failed to achieve its target hash rate of 12 EH/s due to performance issues with approximately 3,000 new Antminer T21 units from Bitmain. #Bitfarms Provides July 2024 Production and Operations Update — Earned 253 BTC in July 2024— 24.6 BTC/average EH/s— Added 111 BTC, bringing Treasury to 1,016 BTC— […]We use cookies to improve the quality of our service.
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