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Hashpower Evolution: Bitmain’s New ASIC Packs 477,677% More Power than the 2013 S1
BlockchainMiningCryptocurrency MiningBitmain

Hashpower Evolution: Bitmain’s New ASIC Packs 477,677% More Power than the 2013 S1

This week, Bitmain introduced its latest bitcoin mining machine, which packs an impressive punch with a reported output of 860 terahash per second ...
Sep, 20, 2024
by Bitcoin News
Cleanspark Secures 26,000 Bitmain Immersion Miners in $167.7M Deal
MiningBitmainHashrateMarathon Digital

Cleanspark Secures 26,000 Bitmain Immersion Miners in $167.7M Deal

Cleanspark, a publicly-listed bitcoin mining company, recently shared in its 10-Q report that it has acquired 26,000 units of Bitmain’s S21 XP imme...
Aug, 13, 2024
by Bitcoin News
Bitmain Halts Employee Salaries Amid Financial Woes, Report
MiningBitmainCrypto MinersMining Rigs

Bitmain Halts Employee Salaries Amid Financial Woes, Report

Mining hardware manufacturer Bitmain has temporarily suspended salary payments to its employees, a media report has revealed. News of the move come...
Oct, 11, 2023
2 min read
by Bitcoin News
China Fines Bitmain $3.6 Million for Tax Violations, Report
ChinaMiningTaxTaxes

China Fines Bitmain $3.6 Million for Tax Violations, Report

Chinese authorities have fined leading crypto mining hardware manufacturer Bitmain for tax-related violations, local media reported. The penalty co...
Apr, 13, 2023
2 min read
by Bitcoin News