Bitmain


Tech

Bitcoin Mining Rig Maker MicroBT Unveils Most Powerful Machine Yet

The Chinese rig maker's new model can deliver 320 TH/s, outperforming competitor Bitmain's equivalent machine lineup.

Zuoxing Yang, Founder and CEO of MicroBT (MicroBT/Twitter)

Finance

CleanSpark Buys $144.9M of Bitcoin Mining Rigs to Double Its Hashrate

The brand new Bitmain Antminer S19 XPs miners will be delivered by September.

CleanSpark's bitcoin mining facility in College Park, Georgia. (Eliza Gkritsi/CoinDesk)

Finance

Bitmain Partner BitFuFu Starts Marketplace for Crypto Mining Rig Coupons

The discount coupons issued last year haven't been used because miners don't have the cash to spend on new equipment.

Crypto mining rigs (Eliza Gkritsi/CoinDesk)

Policy

Judge Clears Celsius' Plan to Sell Bitmain Mining Coupons Worth Over $7M

The crypto lender must sell the vouchers before they expire to raise funds for the bankruptcy estate.

(Aitor Diago/Getty Images)

Finance

Bankrupt Crypto Lender Celsius Seeks to Raise $14M From Bitmain Mining Vouchers

The company joins mining firm Core Scientific in trying to offload the assets before they expire, with funds used to repay creditors

(alvarez/Getty Images)

Finance

Hong Kong Firm With Ties to Bitmain Reorganizes to Focus on Crypto Asset Management and Hedging

Newly named Metalpha has its work cut out for it, hedging an uncertain market for institutional clients.

(DALL-E/CoinDesk)

Finance

Core Scientific to File for Bankruptcy, Continue Mining Through Process: Report

A source told CNBC that bankruptcy proceedings would not impact operations.

Core Scientific facility in North Carolina. (Core Scientific)

Policy

Bitcoin Miners’ High Hopes for Latin America Dented by Paraguay

The industry’s potential in the region was touted at a conference in Cancun, Mexico, last month, but a crypto mining-friendly bill in Paraguay was shot down last week.

Palacio legislativo de Paraguay. (Eliza Gkritsi/CoinDesk)

Finance

Bitcoin Mining Firm TeraWulf Raises $10M in New Capital to Repay Some of Its Debts

The Maryland-based mining company also said it has restructured a previous agreement with Bitmain to add 8,200 new machines to its fleet.

Bitmain Antminer mining rigs at Consensus 2022 (Christie Harkin/CoinDesk)

Finance

Binance to Launch Cloud Mining Business in November

The crypto exchange's hashrate pool is pushing into the troubled crypto mining industry.

(Midjourney/CoinDesk)