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High-Powered Mining Rigs Drive Bitcoin’s Accelerating Hashrate


On August 19, the combined SHA-256 hashrate between the BCH and BTC networks touched a massive high of over 91 exahash per second (EH/s). One notable contribution to today’s network hashrates is the manufacturing of next-generation mining rigs that produce a significant number of terahash....

Bitmain Technologies Revives Its IPO Plans After the Bitcoin Price Surge


Bitmain Technologies Ltd., the world-renowned Beijing-based company that manufactures bitcoin mining chips, has renewed its plans to go for an IPO (short for Initial Public Offering) as Bitcoin experiences a price surge. The crypto enthusiasts are already aware of the fact that the number 1 digital...

Bitmain Launches Low-Cost Special Edition Antminer S9


On Monday, June 17, the Chinese mining rig manufacturer Bitmain Technologies announced the launch of a low-cost miner called the Antminer S9 version SE. The new 16 terahash per second (16TH/s) S9 SE is $350 per unit and the launch celebrates the company’s most popular product, the original...

Bitmain Sues Former Employees Who Founded Rival Poolin Mining Pool


In one of the rare incidents involving a dispute between cryptocurrency mining firms, the leading Bitmain company, which is the leading players in the industry, has now locked in a legal battle with rival Poolin firm. Interestingly, Poolin has been co-founded by three formal employees of Bitmain...

Will China Ban Crypto Mining?


China shares new plans to curb mining industry, continuing the general crackdown on crypto. How could it affect the global market?

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