Latest Posts with bitmain tag

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Newest Hardware of MicroBT and Bitmain Are the Most Profitable

21 May 2020 1 minute read 0 comments Abhi K

The most recent hardware mining equipment released by MicroBT and Bitmain have unsurprisingly proven to be the most profitable hardware, according to research conducted by The Block. The numbers were based on an electricity cost of $0.03 per kilowatt...

Financial Director of mining giant Bitmain is arrested

9 May 2020 1 minute read 0 comments JamesBond007

The Beijing police suspect CFO of the company Luyao Lu in the attack on its former Director-General of Mikri Jean The financial Director of the Bitmain mining company and its official representative, Liao Liu, was detained by the Beijing police. He w...

Bitmain has acknowledged problems with the new Antminer S17 miners+

7 May 2020 1 minute read 0 comments JamesBond007

The company said that it has already started negotiations with customers who have encountered equipment failures About 30% of Ant Antminer S17+ comes with non-working boards or fails. Bitmain confirmed the problem and said they would take "all possib...

Forbes' Billionaires 2020 List Has 4 Crypto Personas, but CZ Absent from List

9 Apr 2020 1 minute read 0 comments Abhi K

Forbes has announced its Billionaires 2020 list - of which there are over 2000 - and those in the blockchain and cryptocurrency industry amount to 4.  In order of ranking, the four individuals are Bitmain co-founder Micree Zhan at #690 and $3.2 billi...

Jihan Wu Still Optimistic About Bitcoin Despite World Crisis

29 Mar 2020 2 minute read 0 comments Tokenhell.com

~ "The bull this time around may not come immediately after the halving". Co-founder of Bitmain, Jihan Wu has stated that he believes that cryptocurrencies will improve amidst this global pandemic that is threatening crypto market. The co-founder of...

MinerMovements #7

10 Mar 2020 8 minute read 3 comments MinerUpdate

This MinerMovements release was originally sent to subscribers of the MinerUpdate newsletter. You can subscribe here. It’s Monday morning and Bitcoin price wrapped up last week’s trading by declining roughly 12% over the weekend. At the time of writ...

Bitcoin Hash Rate Hits Record Highs As ASIC Manufacturers Resume Operations

6 Mar 2020 2 minute read 12 comments MinerUpdate

This Miner Insights piece was originally published in crypto mining publication MinerUpdate. Subscribe here for the latest updates. Bitcoin hash rate estimates reach all-time highs as several major Bitcoin ASIC manufacturers announce new generations...

Bitmain Has Introduced a Powerful Bitcoin ASIC Miner With 110 TH/s

1 Mar 2020 1 minute read 0 comments Tokenhell.com

The coming soon ASIC miner S19 will beat the S17 (55 TH/s, 67 TH/s) in hashing capacity   The Bitcoin halving event is approaching and miners’ manufacturers strive to deliver the miners with improved power efficiency and a high hashing rate. The mini...

Layer1 Launches Bitcoin Mining Containers in West Texas

20 Feb 2020 2 minute read 4 comments MinerUpdate

This Miner Insights piece was originally published in crypto mining publication MinerUpdate. Subscribe here for the latest updates. Peter Thiel backed Bitcoin mining startup Layer1 launch several mining containers in West Texas. Each mining container...

How will the Bitcoin ASIC Manufacturer Market Evolve in 2020?

16 Jan 2020 6 minute read 9 comments MinerUpdate

This Miner Insights piece was originally published in crypto mining publication MinerUpdate. Subscribe here for the latest updates. Bitmain’s dominance waned while Canaan succeeded in listing publicly in 2019. As 2020 progresses, we analyse the compe...