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Compass Mining, a bitcoin mining firm, published a blog post stating that Bitmain, the company behind the application-specific integrated circuit (ASIC) mining rig, has made changes to its design. The post advised miners to be aware of the changes as Compass Mining identified “three issues” with two different Antminer S19 series mining devices. Bitcoin Miner … Read more
The Bitcoin miner announced the purchase of 20,000 new Antminer S19j Pro+ at a 25% discount, approximately $13.25 per terrahash. Go to Source Powered by WPeMatico
Bitcoin mining operation Cleanspark has acquired 20,000 brand-new Bitmain mining rigs for $43.6 million, the company reported. Once installed, Cleanspark expects to increase its capacity by 37% by adding roughly 2.44 exahash per second (EH/s) to the firm’s fleet. Cleanspark CEO Says Proprietary Mining Model Gives Company Greater Control and Efficiency Cleanspark, the publicly listed … Read more
The judge’s ruling does not require Celsius debtors to sell the Bitmain coupons, but they would need the consent of the committee of unsecured creditors. Go to Source Powered by WPeMatico
Bitcoin miner, Iris Energy, announced plans to increase the company’s self-mining capacity, from 2 exahash per second (EH/s) to approximately 5.5 EH/s, after it receives 4.4 EH/s of new Antminer S19j Pro miners from Bitmain. Iris Energy Leverages $67 Million in Bitmain Prepayments for Latest Mining Expansion Bitcoin mining company, Iris Energy, announced plans […] … Read more
With the tough conditions that faced Bitcoin miners last year, Iris’ co-founder said the purchase was a “significant milestone” for the company. Go to Source Powered by WPeMatico
Defunct 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 … Read more
Bitfufu’s plans to go public have been delayed for the second time. The company is the cloud mining arm of Chinese mining giant Bitmain. Go to Source Powered by WPeMatico
Dogecoin shifting to proof-of-stake would be good for the environment, but what impact would it have on miners and ASIC manufacturers? Go to Source Powered by WPeMatico
Some conditions applied to the coupons make them useless for Core Scientific’s business, a court filing shows. Go to Source Powered by WPeMatico
