Bitmain Sells 42,000 S19 Antiminers to Riot Blockchain

The recent purchase follows Riot's plans to expand its mining capacity by mid-2021.

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.

Russian Crypto Mining Companies Are Expanding Capacity as the Country Becomes a ‘Preferred Hotspot’

Crypto mining operations have been witnessing some changes within the industry in terms of locations.

Cleanspark Buys US Bitcoin Miner for $19.4 Million, Plans to Quadruple Mining Capacity

Cleanspark Inc., a Nevada-based corporation, said Thursday that it is acquiring US bitcoin miner ATL Data Centers for $19.4 million in a deal to be completely settled in shares.

Riot Blockchain Mined 224 Bitcoins in Q3

Riot reported a current mining capacity of 556 peta hash per second.

Marathon Signs New $23M Contract with Bitmain for 10,500 Bitcoin Mining Rigs

The $23 million purchase will see Marathon's bitcoin mining capacity increase drastically, turning it into one of the largest miners in North America.

Why Chinese Miners Won’t Stage a 51% Attack on Bitcoin

Jameson Lopp explains why attacks on Bitcoin won’t work and that he expects China’s mining dominance won’t last. China accounts for more than half of the world’s Bitcoin mining capacity but Jameson Lopp, the co-founder and CTO of Casa, has hosed down fears that Chinese miners are a threat to Bitcoin in a blog post on Aug.

Riot Blockchain Mined 508 Bitcoin in Q2

Riot reported a current mining capacity of 556 petahash per second.

Report Cuts China’s Bitcoin Mining Capacity to 50% of World Total, Raises US’ to 14%

A new report by crypto research company Bitooda claims that China accounts for only 50% of global Bitcoin mining capacity, and the US 14%.

China Controls 50% of Bitcoin Mining While US Hits 14% — New Survey

Shifting estimates of China’s Bitcoin mining presence come with the proviso that much capacity remains “unaccounted for.” China controls much less Bitcoin (BTC) mining power than people think, according to a new survey. Released on July 16 by asset manager Fidelity and crypto research firm BitOoda, the survey reveals that China is actually responsible for around 50% of Bitcoin mining — not 65%. Much Chinese Bitcoin mining capacity “unaccounted for” Analysts used what they describe as various sources, as well as “confidential conversations” with miners, who agreed to divulge information on aspects such as power cost on the condition that they remained anonymous. “We were able to locate ~4.1GW of power across 153 mining sites, including 67 sites or ~3GW power capacity, with power price data provided upon condition of anonymity,” they summarized in an accompanying blog post. BitOoda further found that 14% of mining now comes from the United States.

Fidelity Acquires 10% Stake in Bitcoin Mining Firm Hut 8

The giant fund manager Fidelity International holds roughly 10.6% stake in the bitcoin mining company Hut 8.