There are a total of 5 articles associated with Bitmain.
The investment is part of a larger agreement that includes the supply of 27,000 Bitmain bitcoin miners
Texas-focused bitcoin miner Riot orders initial wave of more than 33,000 MicroBT machines in bid to on-shore supply chain
Intel is hoping its advance into crypto mining will help it claw back some of its lost market share
With the new purchase, the company’s total miners will increase about 30% to approximately 133,000 bitcoin miners, producing 13.3 EH/s, said Fred Thiel, Marathon Digital’s CEO.
The two-year-old company was launched in 2019 by Bitmain co-founders Jihan Wu and Ge Yuesheng and has raised $129 million to date.