Bitcoin miner supplier Bitmain has released its brand-new Antminer T21, featuring a computing power of 190 TH/s and an energy efficiency ratio of 19 J/TH.
Category: Bitmain
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Bitcoin ASIC manufacturer Bitmain pauses employee salary payments: Report
The firm cited difficulty in achieving “net positive cash flow,” in making the decision.
Core Scientific cracks $77M Bitmain deal for 27K Bitcoin mining rigs
The deal was first finalized in August with Anchorage as another party agreeing to equity stake in the bankrupt crypto miner.
Bitcoin miners seek alternative energy sources to cut costs
The next generation of crypto mining will focus on alternative energy sources for efficiency.
Core Scientific’s bankruptcy plan includes equity stake for Bitmain and Anchorage
If the plan is approved, Core Scientific could buy 27,000 Bitmain miners for roughly $23 million in cash and $54 million in company equity.
Bitcoin Mining in 2023: 18 Profitable ASIC Devices and the Dominance of Three Major Manufacturers Revealed
According to statistics from mid-May 2023, 18 different application-specific integrated circuit (ASIC) bitcoin mining devices are profitable using today’s bitcoin exchange rates. Additionally, the top bitcoin mining machines today are made by three prominent ASIC manufacturers, as fabrication competition these days is limited.18 ASICs Profit With Electricity Costs at $0.12 per kWh and Today’s […]
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Chip Giant Intel Abandons Bitcoin ASIC Production
After announcing the production of bitcoin application-specific integrated circuits (ASICs), Intel, the world’s largest semiconductor chip manufacturer by revenue, appears to be abandoning its blockchain chip production. On Tuesday, a spokesperson for the chip manufacturer explained that Intel has “end-of-lifed the Intel Blockscale 1000 Series ASIC.” Intel Spokesperson Discloses Company Has End-of-Lifed the Blockscale 1000 […]Powered by WPeMatico
China Fines Bitmain $3.6 Million for Tax Violations, Report
Chinese authorities have fined leading crypto mining hardware manufacturer Bitmain for tax-related violations, local media reported. The penalty comes amid increasing tax checks in the digital asset sector, according to information from the crypto community. Bitmain Fined for Failing to Pay Income Tax on Behalf of Employees One of the world’s largest producers of devices […]Powered by WPeMatico
Cleanspark Purchases 45,000 Bitcoin Mining Devices, Adding 6.3 EH/s to Current Fleet
On Tuesday, the bitcoin mining company Cleanspark announced that it had purchased 45,000 Antminer S19 XP bitcoin mining devices for a total price of $144.9 million. Cleanspark stated that the new fleet would add 6.3 exahash per second (EH/s) of computational power to the company’s current 6.7 EH/s. Cleanspark Acquires 45,000 Bitmain Antminers for $144.9 […]Powered by WPeMatico
Bitcoin mining firm Bitmain reportedly fined for tax violations in China
Bitmain has reportedly failed to pay personal income taxes in accordance with China’s laws on the administration of tax collection.
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