WDMS Global 2022 to be held in Cancun, Mexico, focusing on PoW power and mining impetus
Bitmain, the world’s leading manufacturer of cryptocurrency mining servers through its brand Antminer, is hosting World Digital Mining Summit 2022 (WDMS Global 2022) from Nov. 8 to 10 in Cancun, Mexico. The summit will focus on proof-of-work power and mining Impetus, exploring new trends in industry development. Bitmain has already held successful global-level summits, such […]
Bitmain to host World Digital Mining Summit 2022 in Miami on July 26
Bitmain — the world’s leading manufacturer of digital currency mining servers — is hosting World Digital Mining Summit 2022 through its brand Antminer on July 26 in Miami, Florida at the Mandarin Oriental. Bitmain will provide an enhanced platform to discuss the status of the mining industry, new investment solutions for mining, hydrocooling data centers […]
Core Scientific and Bitmain Partner to Bring Bitmain’s “Ant Training Academy” to North America
Core Scientific, the leading US blockchain hosting provider, and Bitmain, the industry-leading fabless manufacturer of computing chips, today announced the launch of the new Dalton, GA based Ant Training Academy (ATA) location, the first outside China. The new location was created to allow more North American based participants access to the same highly regarded training […]
Bitmain and Huobi Plan Layoffs as Cryptocurrency Crunch Begins to Bite
Two of the world’s biggest cryptocurrency companies have confirmed lay-off plans amid an industry crunch that has seen US$170 billion wiped off bitcoin’s market value this year. Beijing-based Bitmain Technology, the world’s biggest maker of cryptocurrency mining rigs, said in a statement that the company is undergoing “some adjustment to our staff this year” as […]
Bitmain Closing Israeli Development Center
The development center of Bitmain set up in Ra’anana two years ago under Gadi Glikberg will close this week and its 23 employees will be laid off, “Globes” learned this morning. Glikberg, who is a VP at Bitmain, will also leave. The Israeli activity of one of the largest companies in the global blockchain industry […]
Bitcoin BCH Hash War Will be Decided by Sustained
With the Bitcoin BCH network upgrade on November 15, a hash war has begun with miners voting between Bitcoin SV and Bitcoin ABC – two competing implementations of the BCH protocol. As fully expected, Bitcoin ABC appeared to take a temporary lead on the first day by receiving an artificial boost from temporary, “rented” hash […]
Investors Losing Interest in ICOs
Autonomous Research noted three reasons that could explain the drop in token sale activity. “First, perhaps investors have devalued the idea of buying a utility token (does nothing yet, legally non-binding), and instead want to buy equity in the same companies,” the firm wrote. By examining “Pitchbook’s data on blockchain and bitcoin venture capital raises,” […]
Bitmain Acquires Bitcoin Cash Wallet Telescope
Bitmain announced Monday it has acquired the startup behind an open-source bitcoin cash wallet called Telescope. The browser-based wallet was launched earlier this year in an effort to enable instant bitcoin cash transactions. At present, Telescope can operate on Google Chrome or Mozilla Firefox, according to a press release, though the team it plans to […]
Bitmain Likely Lost $400 Million Last Quarter
Bitcoin mining behemoth Bitmain likely posted a net loss of nearly $400 million last quarter, the China-based firm’s recently-filed public offering documents reveal. Much information about the company is redacted in the public versions of those filing documents, but, according to a thorough analysis published by BitMEX Research, there is enough data to glean that Bitmain […]
Mining Giant Bitmain Officially Filed for Its IPO
Chinese crypto mining giant Bitmain has filed a draft application for listing the company’s shares on the Hong Kong Stock Exchange (HKEX), according to an official application document published Wednesday, September 26. Bitmain has provided a draft application proof that is required for public listing on the HKEX, aiming “solely” to disclose information to the […]
Bitmain’s Permissionless Ventures Launches First Project
Cryptocurrency mining hardware giant, Bitmain, is sponsoring a Bitcoin Cash (BCH) hackathon in the United States — San Francisco, to be exact. For the China-based company, BCH Dev Con is the first project financed by its $50 million fund, Permissionless Ventures (PV). Arguably one of the most successful companies in the ecosystem, the crypto mining […]
Vietnam Confirms Suspension of Bitcoin, Cryptocurrency Miner Imports
After months of deliberation, Vietnam has moved to halting imports of cryptocurrency mining equipment according to a customs department in the country. Domestic businesses and individuals have stopped importing crypto mining equipment altogether since the beginning of July, according to the Ho Chi Minh City (HCM) Customs Department, as reported by Viet Nam News on […]
BITMAIN GOES WEST
Who would have imagined that cryptocurrency mining would be the key to making a former coal mining town in America great again? That’s exactly what is happening in Rockdale, Texas, a small Central Texas town of 5,861 that has endured economic troubles since the last coal-fired power plant and mine closed in January 2018. According […]