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bitmain

CDCROP: AI Generated Art Artwork Computer Servers under water submerged pool (Midjourney/CoinDesk)
Binance to Launch Cloud Mining Business in November
The crypto exchange's hashrate pool is pushing into the troubled crypto mining industry.
CDCROP: AI Generated Art Artwork Computer Servers under water submerged pool (Midjourney/CoinDesk)

mining rigs
A Huge Glut of Bitcoin Mining Rigs Is Sitting Unused in Boxes
The situation is further disrupting the economics of a sector already hit by low crypto prices and high energy costs.
mining rigs

CDCROP: Bitmain Antminer S19 Hydro mining rigs, the company's latest technology, installed at a Merkle Standard facility in Washington state. (Eliza Gkritsi/CoinDesk)
Bitcoin Miner Merkle Increases Hashrate by 900% in 8 Months
The miner currently has 140 megawatts of total computing power in its two facilities.
CDCROP: Bitmain Antminer S19 Hydro mining rigs, the company's latest technology, installed at a Merkle Standard facility in Washington state. (Eliza Gkritsi/CoinDesk)

CDCROP: Bitmain co-founder Jihan Wu (CoinDesk)
Bitmain Founder Jihan Wu Setting Up $250M Fund to Buy Distressed Bitcoin Mining Assets: Report
Wu's Bitdeer Technologies will initially invest $50 million and aims to raise another $200 million from outside investors.
CDCROP: Bitmain co-founder Jihan Wu (CoinDesk)

CDCROP: A Bitfarms mining facility in Washington state, U.S. (Eliza Gkritsi/CoinDesk)
Bitmain Discounts Bitcoin Mining Machines in an Already Depressed Market
Prices for bitcoin mining rigs have fallen by about 70% this year.
CDCROP: A Bitfarms mining facility in Washington state, U.S. (Eliza Gkritsi/CoinDesk)

A bitcoin mining facility in Georgia that uses 95% non-carbon energy (CleanSpark)
Bitcoin Miner CleanSpark Buys 10K New Machines for $28M After Discounts, Credits
The company has been taking advantage of opportunities to expand in the bear market.
A bitcoin mining facility in Georgia that uses 95% non-carbon energy (CleanSpark)

Phones flashed across the room as eager miners snapped photos of Anatalpha's presenetation at Bitmain's World Digital Mining Summit in Miami, Florida. (Eliza Gkritsi/CoinDesk)
Bitmain Partner Antalpha Unveils Lending Products for Miners
A relatively unknown company presented some novel ways to, among other things, help miners facing margin calls.
Phones flashed across the room as eager miners snapped photos of Anatalpha's presenetation at Bitmain's World Digital Mining Summit in Miami, Florida. (Eliza Gkritsi/CoinDesk)

Bitmain Antminer mining rigs at Consensus 2022 (Christie Harkin/CoinDesk)
AntPool Supports Ethereum Classic Ecosystem With $10M Investment
The mining pool is throwing its weight behind the Ethereum-offshoot alternative that will continue to mine using proof-of-work.
Bitmain Antminer mining rigs at Consensus 2022 (Christie Harkin/CoinDesk)

Bitfarms mining rig repair lab at Cowansville facility (Aoyon Ashraf)
Crypto Mining and Staking Firm Foundry Starts Training Program for Miners
DCG subsidiary Foundry is launching a training program for mining technicians.
Bitfarms mining rig repair lab at Cowansville facility (Aoyon Ashraf)

CDCROP: A bitcoin mining farm
Bitcoin Mining Rig Prices Slump to Near 2-Year Lows Amid Celsius Bankruptcy
Celsius’ mining unit is said to have auctioned off some of its newly purchased mining rigs at fire-sale prices back in June, before filing for bankruptcy.
CDCROP: A bitcoin mining farm