Bitmain brings 56K Bitcoin miners to Georgia
Bitmain, a Chinese mining hardware company, is shipping 56,000 of its latest Antminers to Georgia in the United States southeast. The deal is expected to generate $10 million in monthly revenue for ISW Holdings. A three-way transaction between Nevada-based IT firm ISW Holdings , crypto mining datacenter Bit5ive, and Bitmain has resulted in the influx […]
Marathon to control over 12% of the current Bitcoin mining hash rate
Marathon acquires 30,000 more Bitcoin miners in an attempt to become the leading Bitcoin miner in the United States by 2022, with a target of 13.3 EH/s hashing power. In a recent announcement, Marathon Digital stated that it had purchased additional Bitcoin mining hardware from Bitmain. Following the publication of a press statement on Monday, […]
Ex Bitmain chief raise funds for new crypto unicorn
Jihan Wu’s Bitmain exit strategy included the creation of Matrixport, which today has a market capitalization of more than $1 billion after only two years in the business world. With the launch of Bitmain Technologies in 2013 and the subsequent public offering, Jihan Wu established himself as a household brand within the cryptocurrency industry. His […]