Bitmain


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Why Bitmain Is Building the World's Largest Bitcoin Mine in Rural Texas

Bitmain's new bitcoin mine exploits cheap electricity in Texas, the nation's biggest power market. Locals are happy for the new jobs.

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Markets

Next Bitcoin Halving Could Squeeze out Retail Miners, But Jury's Split on Price

Bitcoin halvings normally result in price increases. Maybe not this time.

Crypto mining machines (lmstockwork/Shutterstock)

Markets

Bitmain Ramps Up Power and Efficiency With New Bitcoin Mining Machine

Crypto mining giant Bitmain is launching two new models for its Antminer range, one of which is its most powerful yet.

A crypto mining rig

Markets

Importer of Bitmain's Bitcoin Miners Draws Criminal Investigation in Russia

An importer of Bitmain's bitcoin miners is under investigation for underpaying customs fees, a search warrant obtained by CoinDesk reveals.

(Shutterstock)

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Crypto Mining Giant Bitmain Said to Be Planning US IPO: Bloomberg

Bitmain Technologies Ltd. is said to be relaunching its initial public offering (IPO) plans, but this time in the U.S. instead of Hong Kong.

Bitmain co-founder Jihan Wu (CoinDesk archives)

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Bitmain Lawsuit Seeks Millions from Staffers Who Founded Rival Mining Pool

Crypto mining giant Bitmain is locked in a legal battle with former employees who started a rival bitcoin mining pool, Poolin.

Jihan Wu

Markets

Bitmain Discloses 88% Reduction In Own Bitcoin Mining Power

Bitmain's internal bitcoin mining operations are generating 88 percent less computing power than a month ago, suggesting the industry giant has cut capacity.

bitmain_miner_flickr

Markets

Bitcoin Mining’s New Bidding War

The cost of secondhand cryptocurrency mining equipment in China has nearly doubled in the last few weeks in response to bitcoin’s price jump.

Antminer machine

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Liquid.com Closes Funding Round Valuing Crypto Firm at 'Over $1 Billion'

Crypto trading platform Liquid.com has been backed by Bitmain and IDG Capital in a funding round it says makes it the latest crypto unicorn.

Unicorn

Markets

Bitmain's Jihan Wu: ASICs Are Making Ethereum More Decentralized

The Bitmain co-founder says ASIC miners are making blockchains more decentralized and ethereum's ProgPow proposal could still be "ASICable."

Wu Jihan