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Marathon Digital Buys 78,000 Antminer S19 XP Bitcoin Miners Worth Almost $900M
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Marathon Digital Buys 78,000 Antminer S19 XP Bitcoin Miners Worth Almost $900M

Marathon Digital Holdings announced that it ordered 78,000 Antminer S19 XP bitcoin mining machines worth $879.06 million from Bitmain.

CleanSpark Buys 20000 New Bitcoin Miners to Boost
bitmain

CleanSpark Buys 20000 New Bitcoin Miners to Boost

CleanSpark bought 20,000 Antminer S19j Pro+ devices for $32.3 million to increase its mining capacity.

Bitcoin Miner Gryphon Announces the Purchase of 7.2K Antminers S19J Pro from Bitmain for $48M
bitmain

Bitcoin Miner Gryphon Announces the Purchase of 7.2K Antminers S19J Pro from Bitmain for $48M

The bitcoin mining company Gryphon Digital Mining announced that it has purchased 7,200 S19J Pro ant mining machines manufactured by bitcoin mining machine manufacturer Bitmain Technology Co., Ltd for $48 million.

Matrixport Partners with Simplex to Allow Buying Crypto Using Credit Card
bitmain

Matrixport Partners with Simplex to Allow Buying Crypto Using Credit Card

Matrixport, the Bitmain spin-off and a leading financial service provider for digital assets, today announced a partnership with the leading payment process company Simplex, enabling users to purchase cryptocurrencies using their credit cards directly and securely on Matrixport.

Crypto Platform Matrixport under Bitmain Co-Founder Received $100M in Series C Funding,Valued over $1B
bitmain

Crypto Platform Matrixport under Bitmain Co-Founder Received $100M in Series C Funding,Valued over $1B

The Singapore-based Digital financial service platform Matrixport led by Wu Jihan, the co-founder of the world's top Bitcoin mining machine provider giant Bitmain mining, raised $100 million in Series C financing.

Bitcoin Educator Andreas Antonopolous Believes Oil Price Crash Gives US Bitcoin Miners an Advantage
bitmain

Bitcoin Educator Andreas Antonopolous Believes Oil Price Crash Gives US Bitcoin Miners an Advantage

Following the oil market crash in April, electricity prices have continued to fall globally. Bitcoin educator Andreas Antonopoulos believes that despite the disruption to industries, the oil market downturn could give US cryptocurrency miners an advantage.

Chinese Bitcoin Mining Giant Canaan Files for $400m US IPO
bitmain

Chinese Bitcoin Mining Giant Canaan Files for $400m US IPO

One of China’s largest bitcoin mining hardware makers, Canaan Creative, publicly filed for a U.S. IPO on Monday, The Block Reports.

Core Scientific Partners with Foundry in Financing Deal up to $23 Million
bitmain

Core Scientific Partners with Foundry in Financing Deal up to $23 Million

The financing from Foundry will enable Core Scientific and its clients to continue shifting global mining operations to North America

Riot Blockchain Sees Growth in Q1 2020 Despite COVID-19 Disruption
bitmain

Riot Blockchain Sees Growth in Q1 2020 Despite COVID-19 Disruption

Riot Blockchain Inc., one of the few listed public cryptocurrency mining companies in the United States on Nasdaq, reported financial results for Q1 of 2020, which ended on March 31. The company has seen a small growth in its earnings per share during this quarter. Riot Blockchain previously changed its name from Bioptix in 2017 after shifting its focus from biotechnology to Bitcoin mining. The company’s share price skyrocketed to a $38 high in late 2017, which then fell to $110 after Riot was accused of misleading investors by capitalizing on public interest in blockchain to drive up its share price. These claims have been dismissed on the basis that it was not proven that the company’s name was changed to drive up the share price.

Nasdaq-Listed Riot Blockchain Posts a Profitable Third Quarter
bitmain

Nasdaq-Listed Riot Blockchain Posts a Profitable Third Quarter

Riot Blockchain Inc, one of the few blockchain companies to be listed on the Nasdaq has posted yet a profitable third quarter performance.

China's Inner Mongolia to Shut Down Bitcoin Mining Operations Due to Energy Efficiency Concerns
bitmain

China's Inner Mongolia to Shut Down Bitcoin Mining Operations Due to Energy Efficiency Concerns

A major Bitcoin mining hub in China, Inner Mongolia will be shutting down its extensive mining operations by April of this year.

Largest North American Bitcoin Self-Mining Company, Marathon Announces $250 Million Registered Direct Offering of Common Stock
bitmain

Largest North American Bitcoin Self-Mining Company, Marathon Announces $250 Million Registered Direct Offering of Common Stock

Marathon Patent Group, Inc. (Marathon) the largest enterprise Bitcoin mining company in North America announced a $250 million registered direct offering of common stock.

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