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Bitmain

A collection of 10 posts

Epstein’s 2018 Bitmain Investment Deal That Came Down to the Wire

Jeffrey Epstein

Epstein’s 2018 Bitmain Investment Deal That Came Down to the Wire

Newly released documents from the Jeffrey Epstein files reveal that in August 2018, at one of the Bitcoin mania heights, Epstein and his inner circle were actively negotiating a direct investment in Bitmain, the Chinese Bitcoin and crypto mining hardware giant then valued at roughly $14 billion and eyeing a

U.S. Authorities Probe Bitmain Bitcoin Mining Hardware Over National Security Risks

U.S. Authorities Probe Bitmain Bitcoin Mining Hardware Over National Security Risks

Bitmain, the Beijing-based company that dominates the global market for Bitcoin mining equipment, has come under scrutiny from United States authorities over potential threats to national security. Reports emerged on November 21, 2025, detailing a previously undisclosed investigation led by the Department of Homeland Security. The inquiry, dubbed Operation Red

Exploring Jack Dorsey’s Proto Rig and Its Impact on Bitcoin Mining

Exploring Jack Dorsey’s Proto Rig and Its Impact on Bitcoin Mining

Block Inc has introduced the Proto Rig, a modular Bitcoin mining system designed to address longstanding challenges in the industry. Unveiled last month at a facility in Dalton, Georgia, the product comes from the company led by Jack Dorsey, which holds around 8,700 BTC in its treasury as of

Hosting Provider Sues Bitmain Over Alleged Breach of Contract Agreement

Hosting Provider Sues Bitmain Over Alleged Breach of Contract Agreement

A legal battle has begun in the Bitcoin mining industry as Old Const, a hosting provider, filed a lawsuit against Bitmain, the world’s leading manufacturer of cryptocurrency mining equipment. The suit, filed in response to Bitmain’s alleged wrongful termination of a hosting agreement, accuses the mining giant of

Bitmain Plans First US Manufacturing Facility to Capitalize on Domestic Crypto Boom

Bitmain Plans First US Manufacturing Facility to Capitalize on Domestic Crypto Boom

Bitmain, a leader in Bitcoin and cryptocurrency mining hardware, is set to establish its first U.S. manufacturing facility, marking a significant step in aligning with America’s push for domestic production in strategic industries. The Beijing-based company plans to open a new headquarters and assembly line in either Texas

U.S. and Other Countries Can Step Up Bitcoin Mining ASIC Production Amid Trump Tariffs

U.S. and Other Countries Can Step Up Bitcoin Mining ASIC Production Amid Trump Tariffs

The world of Bitcoin mining is facing a shakeup as most ASIC machines, the specialized hardware that power Bitcoin miners, come from China, where companies like Bitmain dominate the market. With the Trump administration pushing high tariffs on Chinese imports, the cost of bringing these machines into the U.S.

Braiins Unveils Bitcoin Mining Chip to Challenge Bitmain’s Market Dominance

Braiins Unveils Bitcoin Mining Chip to Challenge Bitmain’s Market Dominance

Braiins, a company focused on advancing Bitcoin mining technology, has introduced a new ASIC chip designed to compete with Bitmain’s long-standing dominance in the Bitcoin mining industry. Bitmain, a Chinese manufacturer, currently controls roughly 70% of the ASIC market, a position that has raised concerns about centralization in Bitcoin

US Bitcoin Miners Grapple with Delays Amidst Heightened Trade Tensions with China

US Bitcoin Miners Grapple with Delays Amidst Heightened Trade Tensions with China

Mining for digital gold in the United States has hit a snag, with Bitcoin miners now facing extended delays in receiving mining machines from Bitmain, China's leading supplier of Bitcoin mining rigs. This disruption is primarily due to the escalating tariff war between the U.S. and China,

Bitfufu Secures Massive Bitcoin Mining Boost with Bitmain Deal

Bitfufu Secures Massive Bitcoin Mining Boost with Bitmain Deal

In a bold strategic move to dominate the digital asset mining landscape, Bitfufu, a publicly traded company listed on Nasdaq, has revealed a significant partnership with Bitmain. On January 2, 2025, Bitfufu revealed it had secured a deal to acquire an additional 80,000 Antminer S units, showcasing its intent

U.S. Bitcoin Miners Encounter Delays as Customs Halt Bitmain Shipments Amid Sanctions Concerns

U.S. Bitcoin Miners Encounter Delays as Customs Halt Bitmain Shipments Amid Sanctions Concerns

Crypto mining in the United States has recently been thrown into disarray as key equipment shipments from Bitmain, one of the world's leading ASIC manufacturers, are being detained by the U.S. Customs and Border Protection (CBP). This situation has not only put a spotlight on America'