2020-7-25 16:24 |
Former Bitmain staff have been accused of “illegally” moving 10,000 Antiminers from a company-owned mining facility in Mongolia.
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Bitmain's power struggle gets nastier with co-founder Jihan Wu being accused of an illegal coup
2020-6-22 09:34 | |
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On June 11, 2020, regional reports disclosed that the cofounder of Bitmain, Micree Zhan, is still battling with Jihan Wu in an ongoing feud. The quarrel is allegedly causing shipment problems for customers, as reports note that Zhan is prohibiting deliveries stemming from the company’s Shenzhen factory.
2020-6-15 22:08 | |
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United Corp, a Florida-based cryptocurrency company that sued Bitmain in December 2018, contested the mining giant’s motion to dismiss the case in a US court this week. A cryptocurrency company United American Corp claims that China-based Bitmain should not be dismissed from the United States’ antitrust suit, as the mining gear maker requested.
2019-11-30 15:33 | |
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ASIC chips manufacturer Bitmain accused a crypto project of infringing on its brand in the promotion of Mangocoin
2019-8-12 23:24 | |
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A class-action lawsuit for over $5 million has been filed in northern California against Chinese mining giant Bitmain. The company is being accused of utilizing customers’ newly purchased machines to mine cryptocurrency at full power for its own benefit while customers were configuring their equipment.
2018-11-27 21:38 | |
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Ex-UBS bankers raise $100M for crypto project, Korean Exchange CEO accused of 1 billion won bribe, Bitmain IPO application brings recent losses to light and Walmart pushes suppliers onto the blockchain.
2018-9-28 19:17 | |
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It looks like one of Bitcoin’s premier mining pools, AntPool, has activated AsicBoost on its mining operations. AsicBoost purportedly increases mining efficiency by up to 20 percent, making its usage very controversial.
2018-9-6 19:10 | |
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Surfaced documents suggest that Bitmain has accumulated nearly $1 billion worth of Bitcoin Cash, raising eyebrows over the cryptocurrency’s role in a prospective $18 billion initial public offering (IPO).
2018-8-14 23:00 | |
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Chinese mining company Bitmain has announced it is exploring new policies that will boost the company’s transparency and communication with the cryptocurrency community.
2018-7-26 19:33 | |
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Mining Tempers are flaring in Quebec, as its climate and relatively cheap electricity have made it a magnet for the burgeoning cryptocurrency mining industry. The provincial government and its energy concern, Hydro-Quebec, have been accused of playing favorites to the likes of mining giants such as Bitmain. Quebec Mining Drama Continues and So Does Debate
2018-7-6 19:03 | |
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Tempers are flaring in Quebec, as its climate and relatively cheap electricity have made it a magnet for the burgeoning cryptocurrency mining industry. The provincial government and its energy concern, Hydro-Quebec, have been accused of playing favorites to the likes of mining giants such as Bitmain.
2018-7-6 16:50 | |
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Bitcoin miner MARA Holdings has announced a partnership with Starwood Property Trust to develop AI-focused data centers. According to a Feb. 26 announcement, the two companies have entered into a strategic agreement to “jointly develop, finance, and operate digital infrastructure…
Bitcoin Magazine Trump-Linked American Bitcoin (ABTC) Posts $59M Q4 Loss as Bitcoin Slump Hits Treasury Holdings American Bitcoin Corp. (Nasdaq: ABTC), a Trump family-linked mining company based in Miami, reported a $59 million fourth-quarter net loss after a 23% drop in bitcoin’s price triggered a $227 million non-cash mark-to-market charge This post Trump-Linked American Bitcoin (ABTC) Posts $59M Q4 Loss as Bitcoin Slump Hits Treasury Holdings first appeared on Bitcoin Magazine and is written by Micah Zimmerman.
Public Bitcoin miners collectively held 115,335 BTC as of Feb. 20, worth roughly $7. 4 billion at the recent price, but that treasury dropped 4. 44% month-over-month, the first sustained contraction since miners began stockpiling coins as balance-sheet assets.
Public Bitcoin miners collectively held 115,335 BTC as of Feb. 20, worth roughly $7. 4 billion at the recent price, but that treasury dropped 4. 44% month-over-month, the first sustained contraction since miners began stockpiling coins as balance-sheet assets.
Bitcoin Magazine Solo Miner Turns $75 into $200,000 Bitcoin Block Reward Using Rented Hashrate A solo miner turned $75 in rented hashpower into a $200,000 Bitcoin block reward, defying steep odds in a rare, lottery-like win.
On Feb. 20, Brazil's foreign trade council published a technical resolution reducing import duties to zero for a narrow class of hardware: SHA256 Bitcoin miners exceeding 200 terahashes per second with energy efficiency below 20 joules per terahash.
Bitdeer, the largest Bitcoin mining company by hashrate, wiped its BTC ledger clean this week. Its corporate Bitcoin treasury now shows 0 BTC as the company sold 189. 8 newly mined BTC and pulled 943.