Bitmain, Antpool Offer Bitcoin Mining Industry Lifeline Amid Miner Capitulation
The ASIC manufacturer and the Antpool mining pool are partnering with Antalpha to finance low-cost loans for equipment and resource costs to weather the winter.Bitmain and its mining pool are partnering with Antalpha to provide financial support to the bitcoin mining industry. Loans will be low-cost and can be used to pay back equipment loans or to subsidize energy costs. Bitmain and Antpool will provide proprietary data to the lender in order to evaluate risk. Bitmain Technologies Ltd., one of the largest bitcoin mining rig manufacturers based in China, and Antpool are offering a lifeline....
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Bitcoin mining hardware manufacturer Bitmain has announced they added support for Ethereum mining on Antpool as of May 28. In doing so, the company is welcoming all Ethereum enthusiasts to point their rigs at a new mining pool with a solid reputation. Antpool Welcomes Ethereum Miners. It is quite an interesting change to see Bitcoin mining pools expand their offering to Ethereum miners as well. Albeit a lot of people firmly believe both cryptocurrencies are in direct competition with each other, this news goes to show they can co-exist peacefully without issues. Plus, Antpool is one of the....
Antpool, the bitcoin mining pool affiliated with Bitmain, has announced the crypto mining operation will not manage ethereum accounts after The Merge is implemented. The mining pool is asking participating Antpool miners to add their ethereum withdrawal addresses by September 3, in order to receive the accumulated ether collected by Antpool. Antpool to Stop Supporting Ethereum Following The Merge On Saturday, August 27, the cryptocurrency mining pool Antpool told customers that it will no longer maintain ETH assets after The Merge. Customers have until September 3 to give an ETH address in....
By postponing the sales, Bitmain aims to help miners exiting the industry get better prices for mining equipment. Chinese mining giant Bitmain is reportedly scrambling to respond to market conditions amid a major crackdown on crypto mining activity by local authorities.According to a Wednesday report by Chinese news agency Sina Finance, Bitmain has halted global spot sales for its new Bitcoin (BTC) mining devices in order to avoid losses by customers amid massive selling on the secondary market.By postponing the sales, Bitmain intends to help miners exiting the industry get better prices....
The hashrate of mining pools supporting Bitcoin Classic reached 51%, after Antpool mined its first Classic block on February 16. Antpool, a bitcoin mining pool owned by leading bitcoin mining hardware manufacturer Bitmain Technologies Ltd. has officially marked the start of the production of Bitcoin Classic blocks on February 16, 2016. Bitmain’s Antpool is by far the largest bitcoin mining pool in the industry, and controls over 26% of the Bitcoin network’s hashrate distribution. Hashrate is a measuring unit used to estimate the processing power of the Bitcoin network. Miners must generate....
Beijing based Bitmain Technologies Limited, owner of Antminer series of Bitcoin miners, Hashnest, Antpool and BTC.com will next week launch what it claims to be the world’s most silent multi-terahash Bitcoin miner, and a silent 2600W PSU specially designed for high performance mining. This model is called the ‘Antminer R4’. Basic description. Antminer R4 is said to use the very power efficient 16nm BM1387 ASIC chip for Bitcoin mining and can deliver a hashrate of 8.6TH/s with a power efficiency of 0.1J/GH and a noise level less than 50dB. Bitmain also claims that at an ambient temperature....