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Tag: Mining Devices

Bitmain Halts Employee Salaries Amid Financial Woes, Report

October 11, 2023 wp-bot Bitcoin News

Mining hardware manufacturer Bitmain has temporarily suspended salary payments to its employees, a media report has revealed. News of the move comes along with information

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Police in Kosovo Seize Crypto Mining Rigs From Serbs

April 16, 2023 wp-bot Bitcoin News

Kosovo police have seized dozens of crypto mining devices from residents of a majority Serb region in the north of the country. Authorities in Pristina

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China Fines Bitmain $3.6 Million for Tax Violations, Report

April 13, 2023 wp-bot Bitcoin News

Chinese authorities have fined leading crypto mining hardware manufacturer Bitmain for tax-related violations, local media reported. The penalty comes amid increasing tax checks in the

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Compass Mining Alerts Bitcoin Miners of Changes in Bitmain’s ASIC Design

March 8, 2023 wp-bot Bitcoin News, Blockchain

Compass Mining, a bitcoin mining firm, published a blog post stating that Bitmain, the company behind the application-specific integrated circuit (ASIC) mining rig, has made

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Iran Returns Seized Crypto Mining Equipment to Miners

January 3, 2023 wp-bot Bitcoin News

A government body responsible for state property in Iran has released some of the hardware seized from illegal crypto mining farms. Its top executive explained

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Demand for Cryptocurrency Miners Rises in Russia Amid Low Prices of Hardware

December 4, 2022 wp-bot Bitcoin News

Russia’s market for specialized crypto mining equipment has been seeing high demand over the past couple of months, with buyers attracted by the low price

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