Bitmain


Finance

DL Holdings Spends $41M In Push to Become Hong Kong’s Top Publicly Traded Bitcoin Miner

The purchase brings DL's mining fleet to 5,195 machines, with a hashrate of 2.1 exahashes per second (EH/s).

Data center (Taylor Vick/Unsplash)

Markets

BNB-Focused Treasury Firm B Strategy Looks to Raise $1B With Backing From CZ's YZi Labs

The hoped-for U.S.-listed company will hold BNB and invest in the BNB ecosystem.

Binance co-founder Changpeng Zhao in Rome in May 2022. (Antonio Masiello/Getty Images)

Finance

Bitmain Plans Its First U.S. Crypto Mining Facility: Bloomberg

The plant will mark a significant shift for Bitmain, which currently produces mining hardware in southeast Asia.

Bitcoin ASIC miner (CoinDesk Archives)

Markets

Bitmain's New Antminer Launch Signals Profound Shift for Bitcoin Miners: TheMinerMag

The new rig delivers sub-10 J/TH efficiency, but miners face tighter margins despite Bitcoin's price surge.

ASIC miner (Credit: Shutterstock)

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Tech

How Bitdeer Is Transforming Bitcoin Mining Machines

The Singapore-based miner has big plans to shake up ASICs with a new design and a greater commitment to transparency.

Bitdeer (Credit: Bitdeer)

Markets

Hut 8 Reports $331M Net Income in 2024 While Expanding AI Infrastructure

The bitcoin miner held over 10,000 bitcoin at the end of last year.

ASIC miner (Credit: Shutterstock)

Finance

Bankrupt Bitcoin Miner Core Scientific to Buy 27K Bitmain Servers for $77M

The deal will see Bitmain receive $53.9 million worth of common CORZQ stock.

Core Scientific's Marble facility in North Carolina. (Core Scientific)

Finance

Bitmain, Anchorage Expected to Take Equity in Bitcoin Miner Core Scientific as Part of Bankruptcy Plan

The world's largest crypto mining machine maker is set to take a $54 million stake in Core Scientific as the miner emerges out of Chapter 11 proceedings.

Core Scientific facility in North Carolina. (Core Scientific)

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Consensus Magazine

Amid Sanctions, Bitcoin Mining Machines Are ‘Flowing’ Into Russia, as Industry Thrives

Mining rig makers like Bitmain and MicroBT are expanding to Russia as the U.S. market becomes saturated, sources said.

(Egor Filin/Unsplash)

Finance

Bitcoin Miner CleanSpark Buys 12,500 Bitmain Machines for $40.5M

The company has been busy scooping up assets during the crypto bear market, but discounts may be slimming.

CleanSpark CEO Zach Bradford and Executive Chairman Matt Schultz (Eliza Gkritsi/CoinDesk)