Marathon Purchases Additional 10,000 S-19 Pro Miners From Bitmain
This marks the second 10,000+ machine order from Marathon since August. Source
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Bitmain
Riot Buys 2,500 More Bitmain Miners in Latest Fleet Expansion
The publicly traded bitcoin miner aims to quadruple its current hashrate by mid-2021. Source
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Jihan Wu Regains Upper Hand in Bitmain Co-Founder Fight CoinDesk –
In a new twist in Bitmain’s ongoing power struggle, co-founder Jihan Wu has regained the legal representative status of the bitcoin miner maker giant. China’s business registration record update on Sept. 14 shows Wu has again become the legal representative and executive director of Beijing Bitmain Technology, the operating entity of
Read MoreDCG’s Foundry to finance Bitmain customers in North America
China’s mining giant Bitmain has entered a new partnership to streamline its operations in North America.As Bitmain officially announced on Sept. 10, the company has officially partnered with Foundry, a wholly-owned crypto mining subsidiary of major cryptocurrency firm, Digital Currency Group, or DCG. Within the partnership, Foundry will provide financing
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Blockchain Bites: Bitmain Denied, Coinbase Blocked and a Potential EOS Exit Scam
Bitmain’s appeal to recoup $30 million in alleged lost revenues from Poolin has been denied, Digital Currency Group has acquired a retail-focused exchange and Venezuelan officials appear to have blocked access to Coinbase. Top shelfBitmain bustA court in China has denied an appeal by bitcoin mining giant Bitmain seeking $30 million in damages
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Court Denies Bitmain $30M in Damages From Co-Founders of Rival Poolin
A court in China has denied an appeal by bitcoin mining giant Bitmain seeking $30 million in damages from the three co-founders of Poolin, one of the world’s largest cryptocurrency mining pools. The Beijing No. 1 Intermediate People’s Court issued a ruling on the appeal on Aug. 31 and made it
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Bitmain, Ebang Among 21 Bitcoin Mining Farms Stripped of Energy Perks in Inner Mongolia
Over 20 bitcoin mining farms in China’s Inner Mongolia have been stripped of electricity perks after a clampdown by the local government. A document issued by the Department of Industrial and Information Technology of the Inner Mongolia Autonomous Region on Aug. 24, obtained by CryptoX, shows the government agency has required
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Riot Blockchain Supercharges Mining Ops With 8,000 More Bitmain Rigs as Bitcoin Price Soars
The leader in blockchain news, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CryptoX is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Source
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Power Struggle Inside Bitmain ‘Hard Forks’ Bitcoin Miner Production
The ongoing battle between the co-founders at Bitmain has now essentially hard forked the world’s largest bitcoin miner manufacturer into two different operations and supply chains for making its flagship AntMiner equipment. Wu Jihan, the co-founder who ousted his rival co-founder Micree Zhan Ketuan last year, registered a new entity on
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US Contract Miner Core Scientific Buys 17,600 Bitcoin Miners From Bitmain
U.S. contract mining firm Core Scientific has agreed on a deal to buy 17,600 mining rigs from Chinese bitcoin hardware maker Bitmain Technologies Inc.The company is buying Bitmain’s next-generation bitcoin (BTC) miner, the Antminer S19, it said in a statement on June 29. The miners will be fully installed
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