Bitmain And The Institutionalization Of Bitcoin Mining Producers
Bitmain Institutionalization

Bitmain And The Institutionalization Of Bitcoin Mining Producers

It seems that the ground under Bitcoin businesses is shifting daily, first with a major shutdown and hash migration out of China, then with some wobbly prices and now with an attempt to legislate bitcoin in the U.S. Congress.Compass Mining, a full-service mining host and equipment provider, recently released a detailed mining report that included…

Bitmain nears finish of spin-off for Antpool
Bitmain nears

Bitmain nears finish of spin-off for Antpool

After months of anticipation, the previously announced spin-off of Antpool from Bitmain is nearing completion. In a blog post on Tuesday recapping Bitmain’s semi-annual shareholder exchange meeting, the ASIC hardware manufacturer updated shareholders on the “progress of the divestiture of the original Bitmain mining pool brand ‘Antpool.’” The company’s management advised that it completed all…

Bitmain suspends brand-new miner orders as offer booms
Bitmain suspends

Bitmain suspends brand-new miner orders as offer booms

Mining hardware manufacturer Bitmain has reportedly halted global spot sales of its mining rigs, amid substantial selling volumes on the second-hand market and ongoing pressure from authorities in China to crackdown on block reward mining operators in the country. The news comes against the backdrop of a wider clampdown on mining activities by local authorities…