Bitmain’s Antminer T21 to Debut Shipping in January 2024
Bitmain, a leading global manufacturer of Bitcoin application-specific integrated circuits (ASIC), has released the Antminer T21, a new air-cooled Bitcoin miner featuring a computing power of 190 TH/s, an energy efficiency ratio of 19 J/TH and is set to begin shipping in January 2024. Bitmain took to Twitter on October 26 to announce the global […]
Bitmain to Introduce Aleo Mining Machine
The largest manufacturer of Bitcoin (BTC) mining equipment, Bitmain, announced its intention to introduce the Aleo mining device. Users can create privacy apps on the Aleo network thanks to its full-stack programmability and use of Zero Knowledge Proof (ZKP) technology. Aleo wants to build a blockchain network that takes privacy protection, scalability, and decentralization into […]
Bitmain Fires Employees After Salary Data Leak
Bitmain, the largest Bitcoin mining equipment manufacturer, was recently accused of suspending salary payments to its employees. According to data from the professional social network Maimai Community , some employees claimed that Bitmain had unpaid wages as of October 8 due to cash flow issues. Additionally, they stated that the 2022 bonus still needed to […]
Core Scientific Partners with Bitmain in $77M Deal
Bitmain, a manufacturer of cryptocurrency mining hardware, and Core Scientific, a defunct cryptocurrency mining company, have committed to a combination of equity and cash to finalize the expansion of mining facilities. Bitmain will provide 27,000 Bitcoin mining machines in exchange for $23 million in cash and $53.9 million in common stock of the insolvent firm, […]
Bitmain stops its crypto mining rig shipment into mainland China
Bitmain, a Chinese producer of cryptocurrency mining equipment, has been forced to cease operations in China as of Oct. 11. In addition to China’s blanket prohibition on crypto activities, the company has cited China’s carbon-neutral policies as a reason for ceasing to supply Bitcoin (BTC) and cryptocurrency mining rigs. According to Bitmain’s announcement: “From October […]