Core Scientific will buy 17,595 units of Bitmain's S19 Antminer machines, to be delivered over the next four months.
U.K.-based Argo Blockchain it announced the purchase of 750 older generation Bitmain Z11 mining units costing roughly $474,000.
Micree Zhan made the offer to buy out shareholders in a letter he wrote in response to a statement published on Bitmain’s website.
Bitmain is intentionally delaying the shipment of its ASIC hardware from its Shenzhen factory, according to reports.
Zhan has reportedly prohibited employees from shipping Bitmain’s ASIC hardware from the company’s Shenzen factory.
The ousted co-founder attempted to regain control of Bitmain’s office in Beijing with the help of more than five security guards.
Bitmain has published fresh statements confirming Micree Zhan’s removal from the board by shareholder’s vote in October.
Nasdaq will be making it more difficult for foreign companies, including blockchain firms, to list on its exchange.
The U.S. Senate took steps toward forcing Chinese companies to adhere to transparency rules or risk losing access to U.S. stock exchanges.
TSMC, one of the largest semi-conductor manufacturers has announced plans to build a factory in Arizona. TSMC supplies chips to many mining equipment makers.
Bitmain CFO Luyao Liu and several others were accused of using physical force to take a government-granted license from ousted co-founder Micree Zhan.