Bitmain slashed ASIC prices due to collapsing miner margins.
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Slashed ASIC prices in response to collapsing miner margins.
The probe was triggered by devices operating near a U.S. military base, and a Senate Intelligence Committee report warns of "disturbing vulnerabilities" in the mining equipment.
DHS conducts months-long investigation named "Operation Red Sunset" examining whether mining machines can be remotely accessed or manipulated, with findings remaining undisclosed.
US government probes the company over national security concerns according to Bloomberg report.
$BTDR operates as a direct spinoff and receives bitcoin miners at cost pricing due to this corporate relationship.
Low hardware demand this cycle results in substantial ASIC inventory buildup as the company maintains TSMC allocations, raising questions about undisclosed network hashrate.
Former executives launch $1B crypto treasury targeting BNB investments, backed by YZi Labs.
First US factory groundbreaking planned for Q3 2025 in Texas or Florida, with ASIC production starting early 2026.
Operational capacity reaches 50 EH through publicly traded proxy CANG.
Major financing partner Antalpha completes $49.3M Nasdaq IPO at $329M valuation, revealing lower lending returns compared to competitors in bitcoin-backed loans to customers.
Manufacturing operations established in US to circumvent tariffs, indicating significant operational shift.
Launches new Bitcoin miner achieving 9.5 J/TH efficiency rating.
New partnership formed with American Bitcoin to supply mining hardware for large-scale US operations.