The deal brings Core Scientific's ASIC fleet to just over 188,000.
Bitmain's new Ethereum ASIC miner will be released later this year, in spite of Ethereum's pending switch to proof-of-stake.
The Canadian firm is the latest of many North American companies to chase Bitcoin's hashrate with new machine purchases.
North America has miners and an abundance of energy, but it's lacking one ingredient for a true mining boom: an ASIC manufacturer close to home.
The adjustment, spurred forth by fleets of newly booted ASICs, could be a harbinger of even larger difficulty increases in the coming year.
Ethereum miners are making investments to maximize profits before mining becomes obsolete and gets replaced by validating on Ethereum 2.0.
The bitcoin mining industry needs more than a market rally to survive – it needs to find answers to its environmental and geographical threats.
Compass by HASHR8 matches individual miners with mining farms to host their hardware.
The debate over ProgPoW has become a flashpoint for how Ethereum makes big decisions.
Four years ago, two lifelong friends turned a small investment into the largest crypto miner in North America. Now they are warring over the company's future.
MicroBT and Canaan have notified customers they would be delaying ASIC deliveries due to the Chinese government's quarantine of Wuhan following the coronavirus outbreak.
Cryptocurrency mining computer-maker Canaan Inc. may have picked the worst time for its initial public stock offering.
An importer of Bitmain's bitcoin miners is under investigation for underpaying customs fees, a search warrant obtained by CoinDesk reveals.
Developers behind the cryptocurrency Grin agreed to hold off on changes to planned proof-of-work updates for the foreseeable future.
Ethereum's ProgPoW proposal may appear to minimize the ASIC advantage, but it isn't as democratizing as claimed, argue Dovey Wan and Martina Long.