Bitmain Technologies

Mining Giant Bitmain Confidentially Files for U.S.-Based IPO

<header class=”article__header”> </header> <strong>According to reports, bitcoin mining manufacturer Bitmain Technologies confidentially filed for a U.S.-based initial public offering (IPO) with the Securities and Exchange Commission. The news follows the alleged removal of cofounder and executive director Micree Zhan and the recent announcement of a facility in Texas with the capacity to house 300MW of …

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4 New High-Powered Bitcoin Miners Revealed

<header class=”article__header”> </header> <strong>Bitmain Technologies and Canaan Creative have announced new mining rigs that process roughly 58-73 terahash per second (TH/s). Sources also reveal that Canaan’s initial public offering (IPO) could be listed in the U.S. next month.</strong> Also Read: Mining Firm Canaan Creative Secures Hundreds of Millions of Dollars in Funding Bitmain and Canaan …

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Bitmain Launches Next Gen Miner as Bitcoin Hashrate Touches 100 Exahash

<header class=”article__header”> </header> <strong>Last Thursday the China-based mining rig manufacturer Bitmain announced the launch of two new Antminers that offer hashrates between 53 to 64 terahash per second (TH/s). When the Antminer sale started on Monday, first batch devices sold extremely fast and Bitmain expects to deliver units by mid-November. Meanwhile, the combined SHA256 hashrate …

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Bitmain Launches Low-Cost Special Edition Antminer S9

<header class=”article__header”> </header> <strong>On Monday, June 17, the Chinese mining rig manufacturer Bitmain Technologies announced the launch of a low-cost miner called the Antminer S9 version SE. The new 16 terahash per second (16TH/s) S9 SE is $350 per unit and the launch celebrates the company’s most popular product, the original S9.</strong> Also read: Report …

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Bitmain Announces New 7nm Bitcoin Mining Chip With 29% More Efficiency

<header class=”article__header”> </header> <strong>On Feb. 18, mining rig manufacturing giant Bitmain Technologies announced its next-generation 7nm ASIC chip for mining SHA-256 cryptocurrencies like BTC and BCH. According to Bitmain, the mining chip, called the BM1397, is more efficient when mining proof of work (PoW) coins and the new chips will be installed in the latest …

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