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Bitmain Eyes 2020 Bitcoin Block Halving as Pivotal Moment for Mining Fortunes

Embattled cryptocurrency mining giant Bitmain has allegedly hinted the release of its new mining hardware could hinge on the 2020 Bitcoin (BTC) block reward halving. The news was reported by English-language Asia news outlet South China Morning Post (SCMP) on March 27.Bitmain, which has seen a testing six months

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Bitcoin (BTC) Add $2.5 Billion in 36 Hours, Bitmain to Bolster Network

Bitcoin prices up three percentBitmain plans boost the network’s hash rateTransaction volumes low but could surge once prices are above $4,200Unexpectedly, Bitcoin (BTC) prices found support at Mar 5 highs as bulls flew back. This revival coincides with news of Bitmain plans of deploying 200,000 units as they plan to

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Bitmain Says Now-Lapsed IPO Made Firm More Transparent, Reveals Appointment of New CEO

Chinese crypto mining titan Bitmain’s filing to list an initial public offering (IPO) on the Hong Kong Stock Exchange (HKEx) has officially expired, according to an updated list of now-lapsed applications on the HKEx website on March 26.In a blog post published the same day, the company acknowledged that

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Bitmain Announces Its Next Gen Bitcoin and Bitcoin Cash Mining Chip

Photo: Bitmain BlogThe Chinese-based mining giant and ASIC hardware manufacturer, Bitmain, unveiled a new 7-nanometer Bitcoin mining processor. The new ASIC (application-specific integrated circuit), will offer new levels of energy efficiency according to the company. This new mining hardware, BM1397, features an excellent design for mining cryptos that use

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