bitmain Archives - Coinspeaker

Prosper Acquires 7,000 ASIC Miners from BITMAIN and Secures Strategic Funding to Democratize Bitcoin Mining

Prosper today announced the acquisition of over 7,000 ASIC miners from BITMAIN along with the successful closing of its strategic funding round.

Prosper Enters into Long-term Agreement with BITMAIN to Provide Bitcoin Miner Hosting Services

Press Release

By Chainwire Nov 16, 2024

Prosper today announced that it has entered into a long-term hosting service agreement with BITMAIN.

IREN Records $184M Bitcoin Mining Revenue, Doubles Mining Capacity in 2024

Bitcoin News, Cryptocurrency News, News

By Bena Ilyas Aug 29, 2024

IREN aims to achieve a hashrate of 20 EH/s by September 2024 and 30 EH/s by year-end, driven by the acquisition of advanced Bitmain S21 XP miners.

Bitcoin News, Cryptocurrency News, News

Bitmain’s Dominance in Bitcoin Mining Faces New Threats

By Anisha Pandey Aug 26, 2024

As a result of the evolving political landscape, US-based miners are seeking alternatives to Bitmain.

Blockchain News, Cryptocurrency News, News

TaxDAO Launches FinTAX, Tax Management Solution on TON Blockchain

By Leon Okwatch Jul 12, 2024

FinTAX’s launch aligns with ongoing advancements in blockchain-based financial services, reshaping cryptocurrency tax compliance frameworks.

Altcoin News, Cryptocurrency News, News

Hong Kong Welcomes FinTax to Simplify Tax Reporting as Crypto Adoption Increases

By Temitope Olatunji May 20, 2024

This new software, FinTax, will make tax calculations for crypto assets easy.

Funds & ETFs, Market News, News

LD Capital, Antalpha Ventures, Highblock Unite for Hong Kong’s First ETF Liquidity Fund

By Chimamanda U. Martha May 8, 2024

The companies said the rollout of the fund could be viewed as a significant step forward in enhancing the financial infrastructure of Hong Kong’s ETF market.

Altcoin News, Cryptocurrency News, News

Core Scientific Exits Bankruptcy, Set to Begin Restructuring

By Mayowa Adebajo Jan 17, 2024

The restructuring plan will allow Core Scientific to cut $400 million in debt by equitizing the said amount in secured and unsecured claims.

Blockchain News, Business News, Cryptocurrency News, Investors News, News

Crypto Mining Giant Bitmain to Invest $53.9 Million in Core Scientific

By Temitope Olatunji Sep 22, 2023

Bitmain’s investment represents not only a significant financial commitment but also a strategic move to fortify its partnership with Core Scientific.

Blockchain News, Cryptocurrency News, News

Unhappy Staff: Binance, Coinbase, and Gemini Rank Low in Job Satisfaction

By Chimamanda U. Martha Jul 6, 2023

Companies like Circle, Ripple, and the non-fungible tokens (NFTs) marketplace OpenSea have happier employees.

Blockchain News, Cryptocurrency News, News

Bitmain Fined About $3.7 Million for Tax Violations in China

By Steve Muchoki Apr 11, 2023

The Chinese tax authority claim Bitmain was issued with a tax violations notice in August last year but has withheld paying individual tax income of about $2.4 million.

Bitcoin News, Blockchain News, Business News, Cryptocurrency News, Market News

Bitcoin Miner TeraWulf Sees 33% Drop in Stock Price after Agreement with Bitmain

By Bhushan Akolkar Dec 13, 2022

Bitmain said that it will be replacing the previous batch with 14,000 S19j Pro miners for delivery by the first quarter of 2023 at no additional cost to TeraWulf.

Blockchain News, Business News, Cryptocurrency News, Investors News, News

Blockstream Recorded About 70% Valuation Cut Following New Fundraise

By Godfrey Benjamin Dec 7, 2022

Adam Back did not comment on the exact size of the offering and who the top backers are this time. However, he made it clear that the funds will be used to expand the company’s mining capabilities.

Bitcoin News, Blockchain News, Cryptocurrency News, News

Bitcoin Hash Rate Hits New ATH Despite Current Bearish Price Trends

By Godfrey Benjamin Oct 4, 2022

The increased hash rate indicates maximum security on the Bitcoin network.

Altcoin News, Blockchain News, Cryptocurrency News, News

AntPool Injects $10M to Support Ethereum Classic Ecosystem

By Godfrey Benjamin Jul 27, 2022

Ethereum Classic has done a lot to distinguish itself from the Ethereum blockchain over time, and its core role has continued to diverge from those of Ethereum over the past few years.