Tag: Bitmain

Bitmain Unveils The Specs Of A New Crypto Mining Rig
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Bitmain Unveils The Specs Of A New Crypto Mining Rig

Bitmain Technologies is one of the best mining rig manufacturers based in China. On Monday, the 8th of April 2019, the manufacturer officially unveiled the specifications of its latest mining rig. According to the manufacturer, the latest Antminer 17 series is one of the best to be released in the market. The firm has released…

Bitmain To Release A New Cryptocurrency Mining Chip
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Bitmain To Release A New Cryptocurrency Mining Chip

Bitmain has announced a new energy efficient Cryptocurrency mining chip. The new 7nm ASIC chip will be used to mine Bitcoin and Bitcoin Cash. However, the company has not said when the new device will be available in the market. Despite the company recording huge profits in 2017 and the first half of 2018, Q3…

China Conducts Tax Inspection On Cryptocurrency Mining Farms In The Country
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China Conducts Tax Inspection On Cryptocurrency Mining Farms In The Country

The Chinese government was recently involved in an inspection on Cryptocurrency mining farms in Xinjiang and Guizhou provinces. According to reports from the local media, the government was conducting real-name registration checks and tax inspection. Bitmain has not said whether these activities have affected its operations. Strict Tax Inspection On Crypto Mining Companies China is…

Bitmain Lists For IPO
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Bitmain Lists For IPO

Traditional stock markets and Cryptocurrencies are set to merge at a new level after Bitmain files for a Hong Kong IPO. The Initial Public Offering is the first-of-a-kind and could usher in an era where Blockchain firms have an option of deciding to either raise capital through Initial Coin Offerings (ICO) or Initial Public Offerings…