Jihan Wu to receive $600m severance as he exits Bitmain
Bitmain co-founder Jihan Wu will leave the company and receive a compensation package of $600 million, according to Colin Wu, a reporter for Wu Blockchain.
Jihan Wu to receive $600m severance as he exits Bitmain
Bitmain co-founder Jihan Wu will leave the company and receive a compensation package of $600 million, according to Colin Wu, a reporter for Wu Blockchain.
Core Scientific to acquire more than 58,000 Antminer S19 miners from Bitmain
The American blockchain-hosting provider Core Scientific has signed an agreement with Bitmain Technologies to purchase more than 58,000 Antminer S19 ASIC miners in addition to the previous contract.
Bitmain sells 3,000 Antminer S19 miners to a U.S. company with deliveries through August 2021
VBit Technologies purchased 3,000 Antminer S19-series ASIC miners from the Chinese manufacturer Bitmain for more than $8 million.
Bitmain ends funding for Bitcoin Core developers
The cryptocurrency mining equipment manufacturer Bitmain has halted funding for several Bitcoin Core developers, according to Bitcoin Core developer Jonas Schnelli.
Buyers snap up wholesale pre-orders for the latest ASIC miners ahead of spring 2021
Wholesale pre-orders for the latest Bitcoin mining equipment from leading manufacturers have sold out and will not be available again until spring next year, The Block reports.
Bitmain unveils modular mining equipment for large-scale operations
Bitmain announced the release of modular mining equipment designed for large-scale cryptocurrency mining operations.
Marathon to buy 10,000 S19 Pro miners from Bitmain
The Nasdaq-listed Marathon Patent Group has agreed with Bitmain to purchase an additional 10,000 Antminer S19 Pro, it said in a press release.
Bitmain selects service partner in North America
The US-based mining company Core Scientific has become Bitmain's sole joint repair center in North America.
Jihan Wu regains control of Bitmain
Bitmain co-founder Jihan Wu has become the legal representative and chief executive of the Chinese mining-equipment manufacturer. This was announced in the company's WeChat account.
Bitcoin miners face equipment shortage as Chinese manufacturers exhaust stock
Leading Chinese ASIC-miner manufacturers MicroBT, Canaan and Ebang sold through their inventories this year, while Bitmain faced supply difficulties due to a founders' dispute. As a result, bitcoin miners faced a shortage of supply of new devices, according to 8btc, citing its own source.
DCG’s ‘daughter’ to finance North American Bitmain buyers
Bitmain, the miner manufacturer, announced the expansion of its partnership with Foundry, formerly a subsidiary of Barry Silbert's Digital Currency Group. The goal of the collaboration is to attract capital into the North American mining industry.We use cookies to improve the quality of our service.
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