Bitmain May Fire 50% of Staff

According to Dovey Wan, the mass layoffs at Bitmain will begin next week
24 December 2018   1570

Bitmain, the largest manufacturer of mining equipment, is supposed to lay off more than half of its employees due to financial problems caused by the downturn in the cryptocurrency market. This is reported by the crypto-entrepreneur Dovey Wan, citing a post in the Chinese media platform, which is the local equivalent of LinkedIn.

According to Wan, the mass layoffs at Bitmain will begin next week. It should be noted that currently this company employs 2,000 workers.

According to Israeli media, the Chinese mining giant closes the research center BitmainTech Israel, based in the city of Ra'anana.

Bitmain losses in the third quarter were estimated at $ 740 million.

Bitmain's Antminer S19 & S19 Pro to be Available

Antminer S19 with a hash rate of 95 TH/s costs $ 2180, and Antminer S19 Pro with a hashrate of 110 TH/s is $ 2920
23 March 2020   317

Bitmain, the largest manufacturer of mining equipment, has announced the launch of sales of new Antminer S19 and S19 Pro devices.

So far, new equipment will be available only in China, but the Bitmain team has announced the imminent launch of international sales.

The price of Antminer S19 with a hash rate of 95 TH / s is $ 2,180, and the Antminer S19 Pro with a hashrate of 110 TH / s costs $ 2,920.

According to the iHodl portal, the first batch of miners has already been sold out and buyers should receive their devices from May 11 to May 20.