Internal Struggle In Bitmain Postpones July Miner Shipment for October

Aug 7, 2020

The power struggle in Bitmain is showing no sign of stopping. While many have anticipated that the saga will soon reach a very nasty end, few thought the internal struggle would affect the company’s growing global business operations. However, the latest information coming from the world's ...

Bitmain’s Antminer 17 Models Drawing Criticism from Miners for High Failure Rate

Apr 24, 2020

Bitcoin mining hardware manufacturer Bitmain has recently been criticized over some of its Antminer 17 products, with Chinese miners complaining about its high failure rate. The criticized Antminer 17 models, mainly the T17 and S17+ series, were rolled out last August. As the next-gen f...

Bitcoin Miner Manufacturer MicroBT Launches 112T M30S++, Competition with Bitmain Upgrades

Apr 17, 2020

The China-based mining machine manufacturer MicroBT on April 17 launched its latest WhatsMiner M30S+ and M30S++ models, boasting the hashrate as high as 112 TH/s and a power efficiency at 31 J/T. The company’s WhatsMiner M30 models continue to present itself as the fiercest c...

More Chinese Bitcoin Miners Turn to Whatsminer for High-Powered Machines

Dec 6, 2019

Bitcoin mining farms in China have been phasing out their machines with the latest high-powered ones, mostly from Whatsminer instead of Bitmain, according to local miners. As the bitcoin halving draws near which could drive the increase of mining difficulty, fewer mining machines delivering ...

Suffering a Deficit, Crypto Miners Try to Survive as Winter Coming

Nov 28, 2019

On November 25, F2pool said in social media that " six kinds of bitcoin mining machines including Antminer S9 are suffering a deficit if accounted at electricity charge of 0.38 Chinese yuan /kWh according to the current mining difficulty." Bitcoin price plunged below $6700 on that day, wh...

Bitmain’s Antminer T17 Available for Purchase, Claimed to Improve Profitability

Apr 29, 2019

On April 28, Bitmain, the world’s leading bitcoin mining hardware manufacturer, launched its latest mining model, the Antminer T17, which promises high-cost performance among its Antminer 17 series. https://twitter.com/Antminer_main/status/1122319523489755136 According to the company’...

ASICs as an Open Platform, Bring Power Back to the People

Apr 8, 2019

NB: This story comes from my involvement in several Telegram chats with people working to pry open hardware platforms that have been intentionally closed by their makers. It should absolutely be understood as advocating for a certain point of view with regard to how software should work on AS...

Yang Zuoxing – The Man behind Antminer S9 and Whatsminer (Shenma)

Aug 29, 2018

Cryptocurrency trading is a global activity, but Chinese chipmakers have led the way in developing the most efficient mining machines to mine the cryptos. Crypto mining unicorns Bitmain (founded in 2013), Canaan (founded in 2013) and Ebang (in 2010) have risen rapidly in the digital gold rush ...

Bitmain Financial Details Expose Massive Bitcoin Dumped for Bitcoin Cash

Aug 13, 2018

As the world’s largest crypto mining giant Bitmain is filing for an initial public offering (IPO) hoping to raise $18 billion on Hong Kong Stock Exchange with a market capitalization of $40 to $50 billion, investors are able to have a glimpse at the financial numbers of this mining giant. ...

Bitmain’s Brand New Z9 Equihash ASIC Miner is Coming Soon

Jul 16, 2018

The new Antminer Z9 released by Bitmain gains further concern from crypto mining communities. It supersedes the ‘Antminer Z9 mini’ and has been marketed as Bitmain’s most powerful and efficient ASIC miner to date. Which also shows the mining giant is enhance its control over PoW mi...