Bitmain to Receive $1B Investment

Funds received from chinese technology company Tencent and the Japanese telecommunications media corporation SoftBank
06 August 2018   2344

Within the series C financing round, the largest manufacturer of mining equipment Bitmain received an investment of $ 1 billion from the Chinese technology company Tencent and the Japanese telecommunications media corporation SoftBank. This was reported by the research department of the Bitmex exchange with reference to a local source.

It also became known that after the next investment round, the value of Bitmain is estimated at $ 15 billion. In addition, the Chinese source confirms information on Bitmain's preparation for the initial public offering (IPO), which will be held in Hong Kong in September.

As the lead underwriter, a major investment company, China International Capital Corporation (CICC), was selected, which specializes in providing financial services to institutional clients.

In 2004, Tencent held an IPO on the Hong Kong Stock Exchange. By the end of 2017, the company, in its market capitalization exceeding $ 500 billion, ranked fifth in the world

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   305

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.