Sphere 3D (Nasdaq: ANY) has agreed to a business combination with Cathedra Bitcoin in an all-stock transaction as companies in the digital asset mining sector seek scale and broader access to capital. The deal, announced Thursday, will result in Cathedra becoming a wholly owned subsidiary of Sphere 3D. Cathedra shareholders will receive Sphere shares and […]
Cango’s bitcoin mining operations ran 30% below installed capacity in February, underscoring the mounting pressure on miners as industry economics deteriorate. The company reported on Friday that its average operating hashrate fell to 34.55 EH/s last month, despite having 50 EH/s of deployed capacity. Cango attributed the lower operating rate to “temporary downtime associated with […]
Northern Data said demand for its AI compute is accelerating, with its Nvidia GPU fleet approaching full allocation as the German data center operator benefits from growing interest in AI workloads. The Frankfurt-listed company reported on Thursday that utilization of its GPU estate rose from 62% in December to 66% in January and is expected […]
This article first appeared in Miner Weekly, a weekly newsletter by BlocksBridge Consulting curating the latest news in energy, compute, infrastructure, and data analysis from Bitmain Miners. Subscribe to receive in your inbox once a week. It’s not news that public mining hodlers have been selling bitcoin for months. Riot liquidated four times its production in […]
Core Scientific (NASDAQ: CORZ) has secured a new $500 million credit facility as data center operators continue tapping debt markets to fund the rapid buildout of AI and high-density computing infrastructure. The bitcoin mining giant said Thursday it completed the initial closing of a $500 million 364-day loan facility arranged by Morgan Stanley, providing additional liquidity […]
BITMAIN Launches ANTMINER X9 BITMAIN has officially opened sales for the ANTMINER X9, priced at USD 5,600 per unit. The ANTMINER X9 is a computing server specifically designed for Monero (XMR) , utilizing the RandomX algorithm. It delivers a single-unit hashrate of 1,000K with an energy efficiency ratio as low as 2.47 J/K and a […]
BITMAIN is a global leader in digital currency mining hardware, serving clients across over 100 countries and regions worldwide. BITMAIN has established business partnerships with global customers founded on the principles of mutual benefit, long-term cooperation, and loyalty. BITMAIN strictly complies with all applicable laws and regulations in every country and region of operation, and is […]
Hong Kong, September 27, 2021 – Bitmain – the world’s leading producer of cryptocurrency mining hardware will hold the World Digital Mining Summit 2021 (WDMS) in Dubai from November 09-10. It will be the third WDMS event, this year hosted by Bitmain and Antminer. WDMS will gather the world’s top leading data center operators, hosting providers, […]
Hong Kong, October 29, 2021 – Bitmain – the world’s leading producer of cryptocurrency mining hardware is organizing the World Digital Mining Summit 2021 (WDMS). This year marks the third year of WMDS hosted by Bitmain and Antminer. As the most dedicated digital currency mining event of the year, Bitmain invites leading enterprises in the global mining space […]
Dear Valued Customers, New batches of ANTMINER Z15 will be released on the official ANTMINER website (https://bitmainminers.com/) and will be available for purchase from February 14 to February 17. Customers will have access to daily batches every 08:00 p.m. (ET) and each customer account can purchase up to 50 units daily. Payment shall be made […]