Bitmain Closes Series B Round Funding With a Valuation of $12 Billion
Recent reports indicate that Bitmain (a leading firm that manufacturers mining hardware) has successfully closed a Series B funding round, with a $12 billion valuation.
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Bitmain Looking to Get Into the Production of AI Chips
The Chinese government has maintained its harsh stance on Bitcoin and blockchain-related entities for quite some time now. Last year alone, the government moved to crack down on all ICOs…
Circle in Plans to Create a Dollar-Pegged Cryptocurrency; Raises $110 Million
Circle believes that it has a viable idea to create a dollar-pegged cryptocurrency. As such, it has, so far, raised $110 million that will go into kickstarting the process.
Chinese Tech Giant Bitmain Releases Ethash ASIC Miner (But it Is Unavailable in China)
Bitmain just announced the release of the new and powerful ASIC E3 miners.
Good News for Gamers, Bad News for AMD? Bitmain Has Developed an ASIC Miner for Ethereum
Susquehanna International Group (SIG) have reported that Bitmain has created an Ethereum-compatible ASIC miner, which could see the demand for GPUs plummet. This would spell good news for…
China’s Bitmain Now Has a Subsidiary in the US
Cryptocurrency mining giant Bitmain is setting up a new subsidiary in United States’ Washington State according to recent documents.
Bitmain Sets its Sights on Switzerland as its Next Global Hub
Chinese Bitcoin mining company Bitmain has announced that it is opening up a branch in Switzerland. This is seen as a move to escape the regulations currently being exerted on crypto…