Bitmain


Finance

US Bitcoin Mining Firm Core Scientific to Triple Capacity With Massive 59,000-Machine Order

U.S. blockchain and AI infrastructure provider Core Scientific has expanded its fleet of state-of-the-art crypto miners to over 77,000.

Core Scientific's mining facility in Calvert City, Ky. (CoinDesk archives)

Markets

Secondary Mining Markets Surge Amid ASIC Manufacturing Delays

Miners are “scrambling” for any available machines as manufacturers stay sold out.

Aggregate weekly pricing estimates for ASIC miners on secondary markets

Markets

Riot Blockchain Mined 222 Bitcoins in Q3

Riot reported a current mining capacity of 556 petahash per second.

Bitcoins mined per quarter by Riot since Q2 2018

Markets

Marathon Purchases Additional 10,000 S-19 Pro Miners From Bitmain

This marks the second 10,000+ machine order from Marathon since August.

mining farm

Markets

Riot Buys 2,500 More Bitmain Miners in Latest Fleet Expansion

The publicly traded bitcoin miner aims to quadruple its current hashrate by mid-2021.

A crypto mining farm.

Markets

Canaan Shares Dipped Only 2% in Q3 in Fourth Straight Quarterly Drop

The Nasdaq-listed mining manufacturer dropped 2% in Q3.

Quarterly returns for shares of Canaan Creative since Q4 2019

Finance

Jihan Wu Regains Upper Hand in Bitmain Co-Founder Fight

A new twist in the power struggle at Bitmain: Co-founder Jihan Wu has regained the legal representative status of the bitcoin mining giant.

Jihan Wu

Markets

Bitcoin News Roundup for Sept. 10, 2020

With bitcoin lawsuits in the news and SushiSwap's migration completed, CoinDesk’s Markets Daily is back for your latest crypto news roundup!

Markets Daily Front Page Adam Lyllah

Policy

Court Denies Bitmain $30M in Damages From Co-Founders of Rival Poolin

A court in China has denied an appeal by bitcoin mining giant Bitmain seeking $30 million in damages from the three co-founders of mining pool rival Poolin.

Poolin co-founder Zhibiao Kevin Pan (CoinDesk archives)

Finance

Bitmain, Ebang Among 21 Bitcoin Mining Farms Stripped of Energy Perks in Inner Mongolia

Affected mining centers in the area may see a notable increase in electricity costs.

(HelloRF Zcool/Shutterstock)