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US firm splashes out on 4,800 Bitcoin miners worth $34M

A U.S. firm expects to double its Bitcoin hashing power after the purchase of 4,800 new S19J mining rigs from Bitmain. Pennsylvania software firm Integrated Ventures has announced the purchase of 4,800 Bitcoin (BTC) mining rigs from Chinese manufacturer Bitmain. The deal is worth just over $34 million and will see 400 of Bitmain’s Antminer model S19J’s delivered to Integrated Ventures each month for the next year. Integrated Ventures partnered with Wattum Management — a mining solutions provider — to carry out the deal, with Wattum expected to help host and manage INTV’s mining operations. The mining rigs deliver 100…

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Texas Bitcoin Mining Swells- Riot Purchases Mining Site for $650M, Blockcap Establishes HQ in Austin

The Lone Star State of Texas is solidifying its role as a bitcoin mining and blockchain hub. This week two major bitcoin mining companies established operations in Texas. The company Riot Blockchain purchased a mining site in Rockdale and the bitcoin mining firm Blockcap announced establishing headquarters in Austin. Blockcap Sets Up Headquarters in Austin, Former Texas Governor Rick Perry Welcomes the Mining Company On April 9, 2021, the firm Blockcap announced that it was establishing headquarters in Austin Texas, and the company will join a number of companies that reside in the Lone Star State. Just recently, Blockcap announced…

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Bitmain Officially Announces the Antminer S19j Pro Annual Batch Order Purchase, Opening Next Week

In view of the current strong market demand for mining hardware, Bitmain will officially launch an annual batch order purchase for the Antminer S19j Pro, which will be opening next week. Starting from August 2021, customers can receive a batch of Antminer S19j Pro every month for a period of one year. The hash rate of S19j Pro is as high as 100 TH/s, boasting a low energy efficiency ratio of 30 J/TH, and the life cycle of the miner is expected to exceed 5 years. In addition, Bitmain’s excellent manufacturing quality and after-sales service will be a strong guarantee…

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Bitmain Sells 42,000 S19 Antiminers to Riot Blockchain

Bitcoin mining company Riot Blockchain has decided to expand its mining capacity by purchasing 42,000 S19 Antimners from Bitmain, a Hong Kong crypto-mining products manufacturer. The purchase was worth at least $138.5 million and it’s part of the company’s plans to increase its Bitcoin mining hashrate, aiming at 7.7 EH/s by mid-2021 (an increase in the target by more than 90%). Riot Blockchain Exceeding its EH/s Expectations. Bitmain will be delivering 2000 S19j Antiminers per month, starting in November 2021, continuing through October 2022. In August 2020, Riot Blockchain bought 8,000 S19 Pro Antimners from Bitmain worth $17.7 million. The…

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Bitmain Signs a Milestone Deal of 42,000 Antminer S19j miners with Riot Blockchain

Once the new miners are deployed, Riot Blockchain will nearly double its total hash rate to 7.7 EH/s Hong Kong, April. 08, 2021 – Bitmain – the world’s leading producer of cryptocurrency mining hardware today announces a new purchase deal of 42,000 Antminer S19j miners with Riot Blockchain, Inc. (“Riot Blockchain” or “Riot”), a Nasdaq-listed cryptocurrency mining company.  A minimum of 3,500 Antminer S19j ASIC miners are scheduled to be delivered monthly to Riot starting in November 2021, and the rest are planned for receipt and deployment through October 2022. The new $138.5 million purchase represents a robust strategic plan…

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Bitmain Signs a Milestone Deal of 42,000 Antminer S19j miners with Riot Blockchain

Once the new miners are deployed, Riot Blockchain will nearly double its total hash rate to 7.7 EH/s Hong Kong, April. 08, 2021 – Bitmain – the world’s leading producer of cryptocurrency mining hardware today announces a new purchase deal of 42,000 Antminer S19j miners with Riot Blockchain, Inc. (“Riot Blockchain” or “Riot”), a Nasdaq-listed cryptocurrency mining company.  A minimum of 3,500 Antminer S19j ASIC miners are scheduled to be delivered monthly to Riot starting in November 2021, and the rest are planned for receipt and deployment through October 2022. The new $138.5 million purchase represents a robust strategic plan…

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Riot Blockchain To Purchase 42,000 Antminers For $138.5 Million

North American bitcoin mining company Riot Blockchain will purchase 42,000 bitcoin mining rigs, upping its hash rate to 7.7 EH/s. Colorado-based bitcoin mining company Riot Blockchain has announced a contract to purchase 42,000 S19j Antminers from Chinese manufacturer Bitmain for $138.5 million, which will bring its hash rate capacity to an estimated 7.7 exahashes per second. Riot is scheduled to receive about 3,500 S19j Antminers per month starting in November 2021 and continuing through October 2022, as semiconductor chip shortages coupled with rising demand for ASICs has left supply chains across the bitcoin mining industry strained. The purchase aligns with…

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Riot Blockchain purchases 42,000 Antminers from Bitmain

The $138.5 million deal will add an estimated 3.7 EH/s to Riot’s existing and planned mining capacity. Riot Blockchain, a cryptocurrency mining company, has expanded its fleet and mining capacity with a new purchase order for 42,000 S19j Antminers from Bitmain. Megan Brooks, Riot’s COO, said the latest purchase order positions her company and the United States at the center of the Bitcoin mining industry: “By nearly doubling its planned hash rate capacity, Riot continues to take great strides forward in growing both the Company’s and the United States’ share of the global network hash rate. We are proud of…

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Ether Hashrate Climbs to New Heights, Reports Say a 2,000 Megahash ETH Miner Set to Drop This Summer

In December 2020, the mining rig manufacturer Innosilicon released a new ethereum miner called the Innosilicon A10 Pro+, which processes Ethereum-based hashrate at around 750 megahash per second (MH/s). Regional reports have noted Innosilicon is dropping a new ether mining rig this summer that processes speeds of up to 2,000 MH/s. Additionally, during the course of the last few months, the Ethereum network hashrate has continued to climb relentlessly. Ethereum Hashrate Ramps Up While ethereum (ETH) prices have touched new all-time highs (ATH) in 2021, miners on the network are pulling in hefty profits. Moreover, miners have limited time on…

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Bitcoin Cash antitrust suit dismissed with prejudice

A Judge has nixed a lawsuit alleging Roger Ver and Jesse Powell and several other crypto figures engaged in market manipulation. The founder of Bitcoin.com Roger Ver, and other high profile crypto figures including Kraken CEO Jesse Powell, have won a motion to dismiss an antitrust suit filed against them alleging market manipulation. The amended complaint was filed by crypto company United American Corp in March 2020 against Ver, Powell, Bitmain Technologies and its CEO Jihan Wu, along with Bitcoin Cash developers Shammah Chancellor and Jason Cox. The case has now been dismissed with prejudice due to a lack of…

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US Judge Dismisses Antitrust Case Accusing Bitmain, Kraken, and BCH Devs of Manipulation

A U.S. court in Miami has dismissed an amended complaint in the lawsuit that accused nine defendants including Kraken founder Jesse Powell, Bitcoin.com founder Roger Ver, Bitmain’s Jihan Wu, and a few open-source Bitcoin Cash developers of collusion. U.S. Magistrate Judge Chris McAliley dismissed the amended complaint under Federal Rule of Civil Procedure on March 31, 2021. Cased Dismissed Back in 2018, after the Bitcoin Cash (BCH) and Bitcoinsv (BSV) network split, a Florida-based blockchain company called United American Corp – “Unitedcorp (UAC)” attempted to sue a number of well known cryptocurrency veterans and developers. UAC and its lawyers said…

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The 2021 Bitmain Partner Summit was Successfully Held, Establishing a Stronger Platform to Foster a Win-win Partnership Approach

On March 12, Bitmain held the “2021 Bitmain Partner Summit” in Shenzhen, China. The summit aimed to foster a new win-win partnership approach with the company’s customers and partners for the future development of the mining industry. Many of Bitmain suppliers, customers, and strategic partners gathered at the summit. Chairman Zhan Ketuan and several company executives attended the summit. At the meeting, Mr. Zhan presented a keynote speech on the current situation of the industry and reformation trends. Several executives from Bitmain also shared corresponding presentations on their respective segments. 2021 Bitmain Partnership SummitMr. Zhan pointed out that the current…

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Leading the Market Through Long-Term Investments, the Second Batch of Antminer S19j was Quickly Sold out Again

The second batch of Antminer S19j was quickly sold out, which once again confirms the market’s full trust and confidence in Bitmain’s products. Established with an excellent R&D and supply chain system, Antminer continues to provide customers with the most advanced computing power and power efficiency ratios in the industry, becoming a well-known choice for many long-term investment customers. The Antminer 19 Series inherits the excellent reliability, performance, and quality known from Bitmain, while also providing customers a comprehensive after-sales service to maintain and ensure high-quality mining operations. The life cycle of the 19 Series is expected to reach more than 5 years.…

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The Second Batch of Antminer S19j Will Officially Go on Sale on March 02

In order to meet the strong market demand for Antminers, Bitmain will begin selling the second batch of Antminer S19j orders. The Hash rate of S19j is as high as 90 TH/s, with a power consumption of 3100W, and power efficiency ratio as low as 34.5 J/T. Bitmain will continue to provide customers with high-quality products guaranteeing quality and perfect after-sales service. The Antminer S19j is expected to operate for more than five years, providing miners assurance for long-term value investment. This batch of miners will go on sale on March 02, 14:00 (GMT+8), and is scheduled to be shipped…

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Bitmain makes another wave, the first batch of Antminer S19j is sold out, order contracts were well received by long-term investment customers

Hong Kong, China, February 27, 2021, Bitmain – the world’s leading producer of cryptocurrency mining hardware announced that the first batch of the Antminer S19j after the Chinese New Year had quickly sold out. Due to the high demand, Bitmain is preparing the second batch to meet with customer’s high demand. The Antminer S19j maintains exceptional mining capabilities from Bitmain, displaying advanced power efficiency and cost-effectiveness. Similar to the highly-established Antminer S9, the Antminer 19 Series is expected to exceed a 5 year mining lifetime. In addition, Bitmain offers excellent manufacturing quality and after-sales service to guarantee long-term value to…

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Antminer Business Operations Notice

Dear valued customers, We thank you for your continued support. Antminer is here to inform you that product delivery and sales services will not be affected by Bitmain’s internal changes. Our sales policy for customers remains unchanged, and all signed contracts will continue to perform in accordance with the terms and conditions. Antminer will continue to be fully committed to bringing innovative products, as well as providing you with high-quality services. Please feel free to get in touch with the sales team through the following contact details: Your trust is our driving force to do better. Thank you again for…

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Ant Training Academy Releases 2021 Course Schedule

Sign Up Now to Get a Special New Year’s Deal and an Extra Surprise Looking back into 2020, a year like no other, Bitmain’s Ant Training Academy (ATA) had made some significant and immediate adjustments to ensure trainees worldwide to receive effective training courses. Moving forward, ATA releases its 2021 S1 course schedule and prepares a special deal for early birds. 2020 Ant Training Academy Milestones April — Domestic/overseas online maintenance training Launch May — Global mining forum and GMF Chengdu Summit June — Released onsite courses on power maintenance in China, optimized the course setup (mandatory and elective courses)…

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Marathon Patent Group Purchases Additional 70,000 19 Series Miners from Bitmain

Marathon continues to grow its total hashrate to over 10.36 EH/s expanding total fleet to 103,000 next-gen Bitmain Antminers Hong Kong, Dec. 28, 2020 – Bitmain – the world’s leading producer of cryptocurrency mining hardware today signed a new purchase contract with Marathon Patent Group, Inc. (“Marathon”), one of the largest Bitcoin self-mining companies in North America, for 70,000 Antminer S19 series ASIC miners.  The first batch of 7,000 S19 miners are planned to arrive in July 2021, and the rest will be shipped by December 2021.     The $170 million new purchase will more than triple the size of…

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ViaBTC Pool enters into a strategic partnership with Bitmain’s AntSentry

Today, ViaBTC Pool announced a strategic cooperation with AntSentry, a subsidiary of Bitmain, the world’s largest ASIC miner manufacturer. Both parties will cooperate on technology, operation and maintenance, marketing, and customer service to provide quality services to miners and data centers worldwide. AntSentry is a cloud service-based miner monitoring, operation, and maintenance management system developed by Bitmain, providing a full range of management support services for miners globally. AntSentry debuted during the annual mining summit in Sanya, releasing its international version in December, covering countries and regions in Asia, North America, and Europe. Within this short amount of time, AntSentry…

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Bitmain Signs Another Deal of 15,000 Antminer S19 Series with Riot Blockchain, Empowering it with a Significant Mining Hash Rate Growth

Hong Kong, Dec. 22, 2020 – Bitmain – the world’s leading producer of cryptocurrency mining hardware today announces a new purchase deal of 15,000 S19 Series Antminers with Riot Blockchain, Inc. (“Roit Blockchain” or “Roit”), a Nasdaq-listed cryptocurrency mining company.  This approx. $35 million purchase is comprised of 3,000 S19 Pro Antminers (110 TH) and 12,000 S19j Pro Antminers (100 TH). These top-selling miners are scheduled for receipt and deployment starting in May 2020 and continuing through October 2021.   In total, Riot has purchased 37,640 next-gen fleet of miners from Bitmain within this year.  Bitmain’s S19 Series has quickly…

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