Bitmain Proxy Boosts Control at Bitcoin Miner Cango with $10.5M Stake
Enduring Wealth Capital Limited (EWCL), an entity closely linked to Bitmain, is increasing its investment in Cango Inc.as the U.S.-listed bitcoin miner continues to operate amid strained mining economics.
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Bitmain Slashes Bitcoin ASIC Prices as Weak Hashprice Pressures Hardware Market
Bitmain is accelerating price cuts across both legacy and current-generation bitcoin mining hardware, according to recent social media promotions and internal price lists sent to customers.
Bitcoin Difficulty Holds Firm, Pointing to Limited Miner Capitulation
Bitcoin’s network difficulty posted a marginal 0.04% increase on Thursday, following three consecutive downward adjustments of –0.74%, –1.95% and –2.37%.
Cipher Enters PJM With 200 MW Ohio Site Aimed at HPC Workloads
Cipher has acquired a 200-megawatt power site in Ohio, marking the bitcoin miner’s first expansion outside of Texas as part of its focus on HPC and data center expansion.
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