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    Bitmain Will Launch a New Water-cooled Antminer S9 Hydro Aiming at Reducing More Heat and Noise

      August 21, the official Weibo of Bitmain posted a new product picture, which is suspected to be launching a new product “water-cooled mining machine” in the near future. According to the poster, the new model S9 Hydro, will have a new breakthrough in solving the problems of noise and heat dissipation. The detailed parameter […]

    Crypto’s Mining Tycoon Bitmain Is Planning a $3 Billion IPO

    Bitmain Technologies Ltd., the world’s biggest producer of cryptocurrency mining chips, is planning a Hong Kong initial public offering that could raise as much as $3 billion, people with knowledge of the matter said. The Beijing-based company, whose 32-year-old co-founder Jihan Wu is one of the most powerful players in crypto, plans to file a […]

    Bitmain Discloses Surprising Crypto Holdings Before IPO

    Bitmain has recently announced plans to launch an IPO on the Hong Kong Stock Exchange, but its recently revealed Bitcoin Cash holdings have displeased more than just a few cryptocurrency insiders. Bitmain Currently Interested in Launching IPO Bitmain is currently pursuing a traditional IPO with the hope of raising $18 billion at a valuation of […]

    Coders Renew Efforts to Fork Mining Giant Bitmain Off Siacoin Blockchain

    New code is set to be released that would make obsolete the mining hardware designed by chip maker Bitmain for the decentralized storage protocol siacoin. Revealed in an email obtained by CoinDesk, Obelisk, a startup that aims to offer alternative mining equipment for the protocol, has proposed code would give those running the software the […]

    Bitmain Financial Details Expose Massive Bitcoin Dumped for Bitcoin Cash

    As the world’s largest crypto mining giant Bitmain is filing for an initial public offering (IPO) hoping to raise $18 billion on Hong Kong Stock Exchange with a market capitalization of $40 to $50 billion, investors are able to have a glimpse at the financial numbers of this mining giant. It could be world’s largest […]

    Bitmain Looking to Launch IPO at Mining Summit?

    Following its announcement few days ago of plans to offer its initial public offering (IPO), Bitmain has also disclosed it will be hosting the World Digital Mining Summit next month in Tbilisi, Georgia. The proposed event seems like a ramp-up of awareness effort geared towards the company’s upcoming IPO whose actual launch date has not […]

    $500 Million Bitmain Data Center to Bring 400 Jobs to Texas Coal-Mining Town

    Bitmain, the world’s largest bitcoin miner and mining equipment maker has announced construction plans for a new blockchain data center and cryptocurrency mining facility in the city of Rockdale in Milam County, Texas. CCN earlier reported that the company released plans to construct a data center in Texas as part of an ongoing North American […]

    Bitmain is Planning Its Expansion Targets Texas Coal Mining Town

    Bitmain, the world’s dominant cryptocurrency mining chip producer is opening its crypto mining operations at aformer aluminum smelterin Rockdale according to local media Dallas News. This news has been confirmed by a local official. Rockdale is a central Texas town that used to adopt coal mining as its main business modal. However, Rockdale closed its coal-fired […]

    Bitmain is Considering an Overseas IPO

    Jihan Wu, co-founder of Bitmain, the world’s dominant manufacturer of cryptocurrency miners, said the company is pursuing an expansion which may lead to an initial public offering (IPO), maybe in Hong Kong, or in an overseas market with U.S. dollar-denominated shares, according to Bloomberg. Bitmain’s famous Antminers sold for a few hundred to a few […]

    Bitmain Joined Hands with Another Taiwanese Chip Maker to Get 10,000 Memory Chips Per Month

    The Chinese cryptocurrency mining hardware manufacturer Bitmain has expanded its cooperation with Taiwanese chip maker giants. TSMC, the world’s largest chip foundry is profiting heftily from selling ASIC chips to Bitmain. Meanwhile, Powerchip Technology Corp., a contract semiconductor manufacturer, has also becomes a strategic cooperative partner of Bitmain, according to Taiwan local media United Daily […]