Bitmain


Finance

Bitmain Shifts Miner Sales Tactics, Betting Big on Bitcoin Halving Pump

Bitmain has retooled its strategy for selling bitcoin miners, betting big that the cryptocurrency’s price will rally with next year's halving.

Bitmain co-founder Jihan Wu (CoinDesk archives)

Finance

1 Gigawatt Bitcoin Mine Under Construction in Texas Would Dwarf Bitmain's

The $150 million bitcoin mine could become the world's largest – surpassing Bitmain's, whose own mega mining operation is in the same Texas town.

Chad Harris/Whinstone US

Markets

Micree Zhan Says He'll Take Legal Action to Return to Bitmain

Bitmain's co-founder Micree Zhan, who was abruptly ousted from the firm last week, said he's going to take legal action to secure his return to the firm.

Micree Zhan, co-founder of Bitmain. (Credit: CoinDesk archives)

Markets

Leaked Transcript Details Power Struggle Inside Bitcoin Mining Giant Bitmain

A transcript of a Bitmain staff meeting reveals an ugly power struggle inside the world's biggest bitcoin miner maker that led to the abrupt ousting of co-founder Micree Ketuan Zhan.

Jihan_Wu_World_Digital_mIning_summit_Frankfurt_2019

Markets

Bitmain Seeking US IPO With Confidential SEC Filing: Report

The bitcoin mining giant is said to have confidentially filed for an IPO in the U.S.

Bitmain co-founder Jihan Wu (CoinDesk archives)

Markets

Bitmain Turmoil: Co-Founder and Executive Director Micree Zhan Ousted

Bitcoin mining giant Bitmain is experiencing turmoil inside its management co-founder and executive director Micree Ketuan Zhan is ousted.

Jihan Wu

Markets

Why Bitmain Is Building the World's Largest Bitcoin Mine in Rural Texas

Bitmain's new bitcoin mine exploits cheap electricity in Texas, the nation's biggest power market. Locals are happy for the new jobs.

IMG_4607

Markets

Next Bitcoin Halving Could Squeeze out Retail Miners, But Jury's Split on Price

Bitcoin halvings normally result in price increases. Maybe not this time.

Crypto mining machines. (lmstockwork/Shutterstock)

Markets

Bitmain Ramps Up Power and Efficiency With New Bitcoin Mining Machine

Crypto mining giant Bitmain is launching two new models for its Antminer range, one of which is its most powerful yet.

A crypto mining rig

Markets

Importer of Bitmain's Bitcoin Miners Draws Criminal Investigation in Russia

An importer of Bitmain's bitcoin miners is under investigation for underpaying customs fees, a search warrant obtained by CoinDesk reveals.

(Shutterstock)