Bitmain - cryptonite.ae

Bitmain Slashes ASIC Prices as Bitcoin Mining Sector Hits Crisis Levels

July 24, 2026December 27, 2025 by Vaibhavv Ali

Bitmain, the world’s leading manufacturer of Bitcoin mining hardware, has reportedly implemented aggressive price cuts across its entire product lineup. These “distressed sales” target both legacy and flagship models, reflecting a severe economic downturn within the global mining industry. The Hardware Fire Sale To clear inventory and support a struggling market, Bitmain has introduced substantial … Read more

U.S. National Security Probe Targets Crypto Giant Bitmain Amidst Grid and Cyber Concerns

July 24, 2026November 22, 2025 by Vaibhavv Ali

U.S. officials are conducting a secret, high-level national security investigation into Bitmain, the Beijing-based company that supplies most of the world’s Bitcoin mining hardware. Key Concerns & The Investigation: The Problem: U.S. lawmakers and intelligence officials fear that foreign-made bitcoin mining infrastructure—specifically Bitmain’s equipment—could be exploited to create cyber and energy-grid vulnerabilities due to its … Read more