Bitmain


Markets

Marathon Patent Mined 196 Bitcoin in Q1, Sees Having 100K+ Miners Online by Early 2022

Marathon’s ASIC spending spree is one of many, and it could signal that bitcoin’s hashrate will hit new highs still this year.

Andrey Rudakov/Bloomberg via Getty Images

Markets

Bitmain Accused of Illegally Hiring Engineering Talent in Taiwan

Prosecutors claim more than 100 engineers were poached by the bitcoin mining company.

bitmain

Markets

Bitcoin Mining Farms in Texas Offline From Winter Storm

A rare winter storm in Texas has knocked out most of the bitcoin mining facilities in the Lone Star State.

Bitcoin mining equipment

Markets

Sino-Global Shares Soar as Shipping Firm Expands Into Bitcoin Mining

Sino-Global announced a new COO and CTO as it plans to start mining.

Credit: Shutterstock/MOLPIX

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Finance

Bitmain Co-Founder Exits, Resolving Years-Long Power Struggle as Mining Firm Preps IPO

Bitmain co-founder Jihan Wu is stepping down from his role as part of a settlement.

Bitmain co-founder Jihan Wu

Markets

Bitcoin Mining Machine Shortage Worsens as Bitmain Sells Out Through August

Bitmain pre-sold over 3 months of inventory in December.

ASIC prices on secondary markets have surged amid manufacturer shortages

Markets

Marathon Patent Agrees to Buy 70K ASIC Miners From Bitmain for $170M

The announcement comes after a holiday weekend in which the price of bitcoin hit a succession of new all-time highs.

Mining facility

Markets

Riot Purchases Additional 15,000 Mining Machines From Bitmain

Riot has ordered over 31,000 machines from Bitmain this year.

Bitmain mining ASIC orders per month in 2020 by Riot

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Finance

US Bitcoin Mining Firm Core Scientific to Triple Capacity With Massive 59,000-Machine Order

U.S. blockchain and AI infrastructure provider Core Scientific has expanded its fleet of state-of-the-art crypto miners to over 77,000.

Core Scientific's mining facility in Calvert City, Ky. (CoinDesk archives)

Markets

Secondary Mining Markets Surge Amid ASIC Manufacturing Delays

Miners are “scrambling” for any available machines as manufacturers stay sold out.

Aggregate weekly pricing estimates for ASIC miners on secondary markets