Bitmain to Open Office in Silicon Valley

Representatives of Bitmain emphasize that the office in the Silicon Valley will help the company's venture capital investments
18 July 2018   1931

Bitmain, the leading manufacturer of bitcoin mining equipment, opened an office in San Jose. This is reported by CCN.

According to the publication, Bitmain took the last empty premises in the office building Riverpark Tower, which also houses start-ups Okta, Cohesity and WeWork.

The area of ​​the new office is 1850 sq.m.

Representatives of Bitmain emphasize that the office in the Silicon Valley will help the company's venture capital investments. In addition, this is part of the plan to expand business in North America. In connection with China's unsustainable policy regarding cryptocurrency, the mining giant plans to open its sites in Washington state and Canadian Quebec.

Note that last month Bitmain completed the next round of the investment campaign, within which it raised $ 400 million. At the moment, the mining giant is estimated at $ 12 billion.

Thus, Bitmain is not only the most expensive company in the crypto currency industry, but also the most expensive private technology start-up. Representatives of the company expect that after the release of Bitmain to IPO, the company's shares will be worth $ 40 billion.

It is significant that Bitmain will soon be able to gain control over 51% of the bitcoin network. At the end of June, the pools of BTC.com and Antpool, owned by the mining giant, produced an aggregate 42% of bitcoin blocks.

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   318

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.