Bankrupt Celsius Aims to Raise $14.4 Million From Bitcoin Mining Rig Credits and Coupons

Bankrupt Celsius Aims to Raise $14.4 Million From Bitcoin Mining Rig Credits and CouponsDefunct cryptocurrency lender Celsius aims to secure more than $14 million from credits and coupons backed by Bitmain, according to an interim CEO Christopher Ferraro in a bankruptcy court filing dated Feb. 9, 2023. Ferraro stated in the filing that the “coupons currently provide no utility to the debtors’ mining business.” Celsius Interim CEO Outlines […]

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A Mining Rig That Boasts 440 TH/s? Miners Question the Legitimacy of New Bitcoin Mining Device

A Mining Rig That Boasts 440 TH/s? Miners Question the Legitimacy of New Bitcoin Mining DeviceThe cryptocurrency community has been discussing a newly announced bitcoin miner called the Numiner NM440 that claims to produce speeds of up to 440 terahash per second (TH/s). Furthermore, a publicly-listed company called Sphere 3D has detailed that it purchased 60,000 Numiner NM440 mining rigs and aims to deploy 32 exahash per second (EH/s) of […]

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Bitmain Reveals New Scrypt Miner — Model Mines DOGE and LTC Four-Times Faster Than Today’s Top Machine

Bitmain Reveals New Scrypt Miner - Model Mines DOGE and LTC Four-Times Faster Than Today's Top MachineRegional reports from an exposition in Chengdu indicate Bitmain has unveiled a new scrypt ASIC rig for dogecoin, litecoin, digibyte, and verge mining. The Chinese reporter who disclosed the information says the new Bitmain model has a hashrate of around 9,500 megahash per second (MH/s) and overseas prices are reduced by 13%. Bitmain Unveils New […]

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Bitmain’s Nishant Sharma Talks China and Crypto in the Humans of Bitcoin Podcast

Bitmain's Nishant Sharma Talks China and Crypto in the Humans of Bitcoin PodcastThis week on the Humans of Bitcoin podcast host Matt Aaron chatted with Bitmain’s Nishant Sharma who shared his story and discussed the western hemisphere’s false impressions of China and Bitcoin. During the interview, Sharma conversed about his work with Bitmain, one of the largest cryptocurrency companies in the world, and addressed some of the […]

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