Page 21 - Bitmain Technologies News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Bitcoin mining company Riot Blockchain Inc (NASDAQ:RIOT) announced a milestone purchase for $138.5 million worth of mining equipment yesterday. What Happened: The company purchased 42,000 S19j Antminers from Bitmain Technologies Limited as part of a strategic initiative to increase its Bitcoin mining hash rate. Riot Blockchain estimates that once the Antminers are fully deployed, its hash rate will reach 7.7 exhash per second (EH/s). According to the company, this growth represents a 93% increase over its previously estimated hash capacity of 4.0 EH/s by October 2021. The company is set to ...

Bitcoin mining company Riot Blockchain Inc (NASDAQ: RIOT) announced a milestone purchase for $138.5 million worth of mining equipment yesterday. What Happened: The company purchased 42,000 S19j Antminers from Bitmain Technologies Limited as part of a strategic initiative to increase its... Read More... Don't Miss Any Updates! News Directly in Your Inbox Subscribe to:

Author Bio What happened Shares of Riot Blockchain (NASDAQ:RIOT) dipped 26.2% in March, according to data from S&P Global Market Intelligence. The stock surged thanks to momentum for the company's Bitcoin mining operation and strong pricing for the cryptocurrency. Riot published a business update on March 15, announcing that the company had mined 302 new Bitcoins in the fourth quarter. That update brought its total Bitcoin mining tally for the fiscal year to 1,005. The mining specialist paired the update with news that it would be purchasing 1,500 Antminer cryptocur...

Taiwan Accuses Bitcoin Mining Giant Bitmain of Poaching Its Engineers Bitcoin mining company Bitmain Technologies is under investigation in Taiwan for allegedly running illegal R&D centers on the island. In brief Other Chinese companies are reportedly under investigation over luring Taiwanese tech talents. Chinese crypto mining rig manufacturer Bitmain Technologies has reportedly illegally poached at least 100 engineers in a bid to accelerate the development of proprietary artificial intelligence(AI)-powered chips. According to a recent report by Nikkei Asia, Taiwanese prosecutors launched a...

Crude oil exports from Saudi Arabia to China nearly doubled in size over the past year from 920,000 barrels per day to around 1.8 million barrels, CNBC reported in August. Needless to say, the financial impact from an attack on Saudi oil infrastructure will be more felt in China than in the U.S.... Read More...