News list for " bitmain"

Bitmain sued over $20.80 million "rack-mounted" bitcoin hashrate sale in Tennessee

A new lawsuit filed by a customer for Bitmain's Tennessee "rack-top" bitcoin mining equipment sale adds a relevant case to the company's computing power deployment in the US. On September 12, 2025, 1969 LLC, headquartered in Wyoming,...

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2025-10-14 03:30:35
Bitmain accuses Orb Energy of embezzling bitcoin and damaging mining rigs

On September 10, according to a report by Theminermag, Bitmain has filed with the U.S. Bankruptcy Court to reclaim thousands of bitcoin mining machines it had in custody at Orb Energy, accusing the Texas company of misappropriating digital assets, obstructing access, and damaging millions of dollars worth of equipment. In an emergency motion filed on August 27, Bitmain argued that under the escrow sale agreement, Orb Energy's 2,700 Antminer servers at the Van Vleck facility remain the property o...

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2025-09-10 13:35:54
The former Bitmain executive will establish a BNB funding company with the support of YZi Labs

Former Bitmain executives will set up BNB Capital with the support of YZi Labs, with the goal of raising $1 billion.

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2025-08-25 12:05:39
Bloomberg: Bitmain plans to establish its first factory in the United States

Crypto mining machine manufacturer Bitmain Technology Ltd. plans to open its first factory in the United States in the coming months, as part of a strategic shift to accommodate the "Made in America" craze for digital assets. According to Irene Gao, head of Bitmain's global business, the company plans to formally establish a new headquarters and assembly line in Texas or Florida by the end of the third quarter of 2025. The first output is expected to start in early 2026, followed by full-scale p...

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2025-07-29 09:45:59
Bitmain announced the completion of the latest SEAL03 bitcoin mining chip test

Blockchain and high-performance computing technology company Bitmain Technology Group (NASDAQ: BTDR) (hereinafter referred to as "Bitmain" or "the Company") today announced that its latest bitcoin mining chip, SEAL03, has successfully passed the test after completing the sealing tape. Validation and prototype testing of the SEAL03 chip showed that the energy efficiency ratio was as high as 9.7J/TH when operating in low-voltage, ultra-power-saving mode, meeting the performance targets specified i...

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2025-03-10 01:50:42
Bitmain-owned company BitFuFu announced that it holds 1,664 bitcoins

On December 6th, Bitmain's BitFuFu company announced that it has 1,664 bitcoins. BitFuFu business is involved in bitcoin mining, providing self-mining and cloud mining services. The announcement said that BitFuFu adopts a fund management strategy to manage and increase its bitcoin holdings.

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2024-12-06 05:43:44
Bitmain: Focusing on cryptocurrency mining machine business, there is no connection with the recent supply investigation incident

Bitmain issued a statement, stating: Bitmain is focused on cryptocurrency mining machine business, Bitmain has no connection with the supply investigation incident reported by the media recently, and any news alleging that Bitmain is involved in the aforementioned incident is false. Bitmain reserves the right to pursue legal responsibility for media that publish and disseminate false information.

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2024-10-28 09:46:05
Bitmain Releases ANTMINER S21 + Series Miners

Bitmain today released the ANTMINER S21 + series of mining machines, of which the S21 + Hyd. has a single-machine computing power of 319T and an energy efficiency ratio of 15.0J/T, and the S21 + has a single-machine computing power of 216T and an energy efficiency ratio of 16.5J/T.

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2024-10-09 15:29:32
Bitmain launches two new mining machines, the Antminer S21XP and the S21XP Hydro.

On June 18th, Bitmain, a manufacturer of cryptocurrency mining hardware, launched two new mining machines - the Antminer S21XP and the S21XP Hydro - at the World Digital Mining Summit in Las Vegas on June 17th. The air-cooled S21XP has a hash rate capacity of 270TH/s and an energy efficiency of 13.5J/TH. The S21XP Hydro is also equipped with water cooling and immersion cooling mode, which can increase the hash rate output to 473TH/s at 12J/TH efficiency, while the immersion cooling mode provides...

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2024-06-18 01:28:25
Bitmain launches Antminer L9

Bitmain announced the launch of the Antminer L9, an application-specific integrated circuit (ASIC) miner designed specifically for currencies that use the Scrypt algorithm, such as Litecoin and Dogecoin. The company reports that the new model has a hashing power of 16 gigahertz per second (GH/s) and an energy efficiency of 210 joules per gigahertz (J/G).

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2024-06-02 19:19:14
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