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Bitmain
Bitmain Founder Reportedly Setting Up $250M Fund to Buy Distressed Bitcoin Mining Assets
Crypto billionaire Jihan Wu, the founder of bitcoin mining rig maker Bitmain, is setting up a $250 million fund to purchase distressed assets from mining firms, according to Bloomberg. "The Hash" panel discusses what this means for the mining industry.
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.
Bitmain Discounts Bitcoin Mining Machines in an Already Depressed Market
Prices for bitcoin mining rigs have fallen by about 70% this year.
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.
Decentralized or Recentralized? The Post-China Era of Mining
Christopher Manzano, Operations Team Manager at BITMAIN, Jameson Nunney, Chief Product Officer at Compass Mining and Luxor COO Ethan Vera join Consensus 2022 to discuss miners' future following CCP's ban on mining in China. Moderator: Nishant Sharma, Founders & Partners, BlocksBridge Consulting
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.
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.
Crypto Mining and Staking Firm Foundry Starts Training Program for Miners
DCG subsidiary Foundry is launching a training program for mining technicians.
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.
Bitmain to Start Selling New Ethereum Mining Rig Model Wednesday
Despite the Merge edging closer, Bitmain is releasing an Ethereum ASIC.
