SoftBank to Deny Deal With Bitmain

It is noteworthy that Tencent has not yet commented on the situation
20 August 2018   1307

The Japanese media corporation SoftBank came out with an official refutation of its participation in the investment deal with the largest manufacturer of mining equipment Bitmain. This is reported by Cointelegraph.

Information on the participation of Tencent and SoftBank in the financing of Bitmain appeared at the beginning of the month. Then it was reported that Tencent and SoftBank invested $ 1 billion.

Neither the SoftBank Group Corp. nor the SoftBank Vision Fund were in any way involved in the deal.
 

Kenichi Yuasa

Corporate Communication Office, SoftBank Group Corp.

It is noteworthy that Tencent has not yet commented on the situation.

According to the chief strategic director of Blockstream Samson Moe, Bitmain is increasing the pace of financing due to unsatisfactory financial results of the second quarter. He estimates the company's losses at $ 600-700 million.

Bitmain plans to leave on IPO already in September. Estimates of the volume of future investments vary from $ 3 billion to $ 18 billion.

New Antminer S9SE to be Sold Out in Few Hours

Price of updated device is is $ 351, hashrate - 16 TH\s and power efficiencey is 80 J\TH
19 June 2019   73

The Chinese manufacturer of mining equipment Bitmain introduced a budget device for Bitcoin mining Antminer S9SE. New ASIC miners were sold out in few hours.

Antminer S9SE is more efficient than previous models of this line. It's hashrate is 16 TH/s and power efficiency is 80 J/TH. For example, for S9k, the hash rate is 13.5TH/s, for S9j - 14.5TH/s.

The company's website indicates that the price of the updated S9 is $ 351. The first batch was presented yesterday, June 18, but in a matter of hours sold out. The next delivery of devices is scheduled for July 21-31.

In early April, Bitmain introduced the high-performance Antminer 17 Series based on 7-nm chips.