Latest Bitmain News

Kurt Wuckert Jr. and Bitcoin
Tech 29 December 2022

BTC hash power centralization

Industry players behind the BTC software control the hash power, while companies with weak cash positions and low debt suffer, cementing BTC's position as a 'very, very' centralized system.

Bitmain nears end of spin-off for Antpool
Tech 29 July 2021

Bitmain nears end of spin-off for Antpool

The decision to separate Antpool was part of Bitmain's ongoing initiative to focus its operations on R&D and sales of computing power chips and servers used for digital currency mining.

bitmain-suspends-new-miner-orders-as-supply-booms
Tech 25 June 2021

Bitmain suspends new miner orders as supply booms

In freezing the sales, Bitmain says it is attempting to prevent customers from incurring losses on new machines, as well as protecting themselves from sustaining more significant losses.

ASIC Miners
Tech 27 May 2021

TAAL reveals expansion of hardware fleet

The purchase aligns with TAAL's strategic goals to increase its transaction processing capacity to meet the demands of enterprise customers adopting blockchain technology.

core-scientific-spending-spree-continues
Tech 6 May 2021

Core Scientific spending spree continues

The firm entered into a sales agreement with strategic partner Bitmain Technologies Limited to buy a mix of its S19, S19 Pro, S19J, and S19J Pro Antminers hardware rigs.

bitmain-sues-rival-microbt-for-second-time
Tech 13 April 2021

Bitmain sues rival MicroBT for second time

Bitmain originally sued MicroBT and its CEO Yang Zuoxing in 2017 for infringing a patent that Bitmain was awarded for its technology used in designing an ASIC for Bitcoin mining.

Jihan Wu resigns
Business 26 January 2021

Jihan Wu has resigned from Bitmain

Jihan Wu has officially resigned from Bitmain; the companies internal struggle for power has come to an end and Micree Zhan is official in control.

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