2020-6-11 14:28 |
Bitmain’s operations in Shenzhen are reportedly being disrupted as Micree Zhan forbade shipment of mining devices following his recent takeover of the Beijing office. origin »
|
The Chinese ASIC mining rig manufacturer Bitmain reportedly pulled in $300 million in revenue during Q1 2020. Meanwhile, as Bitmain claims to be regaining market share, the firm Ebang recently applied with the U.
2020-5-10 03:01 | |
|
|
After Micree Ketuan Zhan, the exiled co-founder of Bitmain, moved to reinstate his position after another partial legal victory over his former employer, tensions reportedly escalated into a physical brawl.
2020-5-8 12:40 | |
|
|
According to a report by altcoin mining firm 2Miners, miners started to report an unexpected drop in Antminer E3 hashrate on Ethereum Classic (ETC) cryptocurrency mining pool while Ethereum (ETH) mining was working fine.
2020-2-25 21:28 | |
|
|
Bitcoin mining hardware manufacturer Bitmain is reportedly cutting half of its staff as the BTC halving approaches. The move has angered employees as Chinese New Year also nears. Reports are emerging online of protests from disgruntled employees over Bitmain’s proposed staff cut.
2020-1-9 11:47 | |
|
|
Jihan Wu, former CEO and Co-founder of Beijing-based mining chip manufacturing giant, Bitmain Technologies, has reportedly opposed the layoffs of a significant portion of the working staff at the firmThe post Bitmain's former CEO claims to oppose layoffs in open letter appeared first on AMBCrypto.
2020-1-6 15:30 | |
|
|
Cryptocurrency mining giant Bitmain is reportedly working to reduce its workforce by another 50 percent pending the BTC halving
2020-1-3 00:40 | |
|
|
A former leading chip designer at Bitmain has reportedly been arrested on suspicion of alleged embezzlement
2019-12-17 11:02 | |
|
|
Jihan Wu, Co-founder of Bitmain, announced two new models to be part of the firm's flagship Antminer 17 series, att the World Digital Mining Summit. The Antminer S17+ will reportedly have a hashratThe post Bitmain unveils new Antminer models days after Canaan IPO appeared first on AMBCrypto.
2019-11-29 02:30 | |
|
|
Coinspeaker Bitmain Files Secret IPO Application with Deutsche Bank as SponsorBitmain has reportedly filed with the SEC as it intends to go public in the U. S. At the moment, there aren’t specific details about the filing.
2019-10-30 15:44 | |
|
|
Bitcoin mining giant Bitmain is once again reportedly undergoing an upheaval within its upper hierarchy. Bitmain’s ex-figurehead Jihan Wu seems to be calling the shots, dismissing co-founder Micree Zhan.
2019-10-29 22:00 | |
|
|
Coinspeaker Canaan Officially Files for $400 Million IPO on NasdaqCanaan, which is a competitor to Bitmain, is reportedly seeking to list in the U. S. after its Hong Kong plans fell through.
2019-10-30 20:23 | |
|
|
Showing renewed optimism, Bitmain is increasing its investments in the crypto mining industry. Now, Bitmain is reportedly buying 600,000 new crypto mining chips. As a result of this new investment, the company expects to make over $1 billion in profits.
2019-8-23 20:00 | |
|
|
According to a recent update on the Chinese social media network WeChat, a source close to the chip-manufacturing firm, Taiwan Semiconductor Manufacturing Company, revealed that Bitmain has reportedly placed an order for 600,000 mining chips.
2019-8-23 16:00 | |
|
|
Within the first two months of 2019, privately-owned chips designer for bitcoin mining, Bitmain has reportedly incurred $625 million in losses discloses Bitcoinist. In particular, January’s losses added up to $345 million, followed by February’s additional $280 million.
2019-8-4 22:51 | |
|
|
Bitcoin mining rig manufacturer, Bitmain, reportedly made losses of $625 million in the first two months of 2019. However, it has high hopes for a turnaround based on demand for new 7nm mining machines.
2019-8-3 12:51 | |
|
|
According to Bloomberg sources, Chinese Bitcoin mining giant, Bitmain Technologies Ltd, is looking to launch an initial public offering (IPO) in the U. S, to raise $300- $500 Million. Bitmain Reportedly Planning U.
2019-6-22 00:00 | |
|
|
Jihan Wu, co-founder and ex-CEO of Bitmain, is reportedly launching a new crypto venture called Matrix as early as… The post Ex-Bitmain CEO Launches New Crypto Venture Called Matrix appeared first on Invest In Blockchain.
2019-6-11 14:00 | |
|
|
Matrix, the bitcoin trading and custodial platform co-founded by the ex-employees of bitcoin mining heavyweight, Bitmain, including Jihan Wu, is reportedly set to commence operations within a month and the firm will also offer over-the-counter (OTC) trading, as well as crypto-backed lending service to its clients, according to The Block on June 5, 2019.
2019-6-7 09:00 | |
|
|
While details are sparse, Matrix, Jihan Wu's new crypto service, will reportedly provide custody and lending services to Bitmain, quieting some rumors that Wu left Bitmain as a result of a disagreement with co-founder Micree Zhan.
2019-6-6 18:57 | |
|
|
Jihan Wu, the former CEO of Bitcoin [BTC] mining equipment manufacturer Bitmain and massive Bitcoin Cash [BCH] proponent has decided to call it quits with the crypto-camps, opting to make his way into the institutional fray.
2019-5-12 18:30 | |
|
|
Bitmain’s long-anticipated initial public offering (IPO) filing with the Hong Kong Stock Exchange is officially a bust. The mining titan’s IPO expired on Tuesday, March 26, 2019.
2019-3-26 00:22 | |
|
|
Major cryptocurrency mining hardware producer Bitmain is reportedly planning to install 200,000 units of mining equipment in China
2019-3-22 22:56 | |
|
|
BitMain has released a new ASIC efficient and power miner, the AntMiner Z11. Said to be efficient and three times more powerful than the predecessor, Z9, miners would now deploy them and pare losses.
2019-3-20 13:45 | |
|
|
Ebang, one of China’s top manufacturers of bitcoin miners, is planning to produce 400,000 mining machines in 2019. On February 22, 2019, Ebang reportedly announced this plan to expand dramatically throughout the fiscal year.
2019-2-26 22:09 | |
|
|
One of the major producers of mining machinery reportedly has plans to manufacture a minimum of 400,000 of its mining rigs before 2019 runs out. Ebang, the manufacturing company, hopes to be able to control the market in the near future as it currently holds about 9.
2019-2-23 14:46 | |
|
|
The earnings report shows that the Bitcoin bear market could have cost Bitmain $500 million in Q3 last year
2019-2-19 10:33 | |
|
|
Chinese mining giant Bitmain has announced its new 7nm ASIC chip, which reportedly enables faster and cheaper mining of BTC and BCH
2019-2-18 17:40 | |
|
|
According to reports from media outlet Texas Public Radio, the Chinese mining giant Bitmain Technologies has reportedly suspended operations in the town of Rockdale. Bitmain started to build up its new facility at a former aluminum smelting factory last summer, but since the crypto economy downturn, the company’s operations at the Texas factory have allegedly paused.
2019-1-14 06:30 | |
|
|
Bitmain, a China-based leading mining and mining ASIC hardware producer, has reportedly suspended its mining operations in Rockdale
2019-1-13 18:02 | |
|
|
The bear market has not been easy on Bitmain. The world’s largest mining company is reportedly changing CEOs and laying off staff, while its IPO plans become less realistic
2019-1-13 16:35 | |
|
|
Bitmain, the Bitcoin mining giant, is reportedly looking to replace its two founders and co-CEOs with an in-house tech chief, sources told the South China Morning Post. Bitmain’s Founders Could Be Stepping Aside Ahead of the Company’s IPO The world’s largest manufacturer of cryptocurrency mining hardware is reportedly looking to replace its top management in […] The post Bitmain Looking to Replace Its Two CEOs: IPO Jeopardized? appeared first on CryptoSlate.
2019-1-12 01:54 | |
|
|
China-based mining giant Bitmain has been experiencing major changes over the past few months, and now it seems that those changes have finally made their way to the company’s key figures.
2019-1-12 20:33 | |
|
|
Reshuffling continues at Bitmain after a harsh December saw company-wide layoffs. Jihan Wu and Micree Zhan are reportedly out as co-CEOs.
2019-1-11 22:57 | |
|
|
According to unconfirmed Chinese media reports, Jihan Wu and the Jenke Group will reportedly resign as the heads of Bitmain
2018-12-30 00:30 | |
|
|
The Chinese crypto mining company Bitmain has apparently been hit hard by the bear market and is looking to sack more than half of their entire workforce. Credible rumors of this story first began to circulate on Maimai, China’s equivalent to LinkedIn, as anonymous sources on a site frequently used by Bitmain employees began reporting that the company was looking at massive layoffs in the next several days.
2018-12-29 21:20 | |
|
|
The Chinese crypto mining company Bitmain has apparently been hit hard by the bear market and is looking to sack more than half of their entire workforce. Credible rumors of this story first began to circulate on Maimai, China’s equivalent to LinkedIn, as anonymous sources on a site frequently used by Bitmain employees began reporting that the company was looking at massive layoffs in the next several days.
2018-12-27 21:20 | |
|
|
The crypto-winter is affecting billion-dollar players in the cryptocurrency market. After the much-publicized layoffs at ConsenSys, SpankChain, and Steemit, mining equipment manufacturer Bitmain is reportedly cutting down 50 percent of its total workforce, alongside shutting down its entire Bitcoin Cash (BCH)-focused division.
2018-12-27 05:04 | |
|
|
Cryptocurrency mining giant Bitmain and major crypto exchange Huobi have reportedly confirmed plans to lay-off staff amid the 2018 price rout of the crypto markets
2018-12-27 12:05 | |
|
|
The crypto community breathed a sigh of relief after the Bitcoin Cash (BCH) hash wars reportedly ended on the 23rd of November. The Hash Wars that had officially started on the 14th of the same month, were due to two factions of the BCH community not agreeing on which upgrade to implement.
2018-12-14 14:33 | |
|
|
Chinese-based cryptomining firm Bitmain is shutting down the operations of Bitmaintech Israel, its research and development (R&D) center in Ra'anana, Israel, according to reports from local news outlet Globes.
2018-12-10 20:51 | |
|
|
Cryptocurrency mining giant Bitmain has reportedly closed down its Israel-based R&D division, citing a crypto market "shake-up."
2018-12-10 16:00 | |
|
|
Crypto miner Bitmain has reportedly reshuffled its board to simplify its structure ahead of its stock market flotation.
2018-11-14 13:16 | |
|
|
Jihan Wu, the co-founder of Bitmain, one of the largest Bitcoin mining equipment manufacturers in the whole world, is reportedly no longer able to use executive power to decide the future of Bitmain.
2018-11-13 20:30 | |
|
|
In this edition of The Daily, we cover reports that the U. S. exchange Coinbase has laid off some of its remote workforce. We also look at news that Bitfury is considering holding an initial public offering like Bitmain.
2018-10-28 17:59 | |
|
|
Following news of Bitmain and Canaan IPO filings in Hong Kong, Europe looks set to record its own first major crypto IPO, as blockchain infrastructure provider Bitfury is reportedly considering plans to list publicly in London, Amsterdam or Hong Kong.
2018-10-27 19:00 | |
|
|
BitMax. io, an innovative digital asset trading platform, has reportedly completed its launch and will start mining soon. It has completed the early stage financing round about two months ago with strategic investments from many of the industry’s top venture capital institutions including FBG Capital, BitMain, Matrix Partners China, GBIC, Perseverance Capital and Kratos Partners.
2018-9-6 16:25 | |
|
|
After building a formidable bitcoin mining empire that at one point reportedly controlled 51 percent of bitcoin’s hashrate, Bitmain is now moving into the Ethereum mining space through its subsidiary BTC.
2018-8-31 17:00 | |
|
|
Two major corporations have publicly denied involvement with the prospective initial public offering (IPO) of cryptocurrency mining giant Bitmain. Source: Tencent ‘Did Not Take Part’ In a fresh round of controversy over the plans, Chinese multinational Tencent and SoftBank, the largest investor in Uber, both rejected press claims they were participating.
2018-8-21 17:30 | |
|
|
Chinese mining giant Bitmain expects to raise $18 billion through initial public offering, which brings its market capitalization to astonishing $40-$50 billion.
2018-8-14 11:49 | |
|
|
Eugene Fama, the renowned “Father of modern finance,” predicts Bitcoin will be worthless in a decade. Why? Cryptocurrencies “violate all the rules of a medium of exchange,” Fama said on the Jan.
Grayscale Investments has introduced the Grayscale Bitcoin Miners ETF (ticker: MNRS), a new exchange-traded fund that provides exposure to publicly traded Bitcoin mining companies. The fund, which tracks the Indxx Bitcoin Miners Index, is designed for investors looking to gain…
Digital Currency Group (DCG) has announced the launch of Fortitude Mining, a new subsidiary focused on diversifying exposure to high-growth crypto assets and Proof-of-Work ecosystems beyond Bitcoin (BTC).
CleanSpark is a strong buy and ‘top option’ for investors this year, according to a report by H.C. Wainwright & Co. CleanSpark, a Bitcoin (BTC) mining company, hosted an investor day in New York City on January 27, celebrating its…
HIVE Digital has signed a multi-million deal to acquire a 200 MW mining site in Paraguay, with plans to achieve 25 EH/s by September. Canadian Bitcoin (BTC) mining giant HIVE Digital is set to acquire Bitfarms‘ 200 MW hydro-powered mining…
Bitcoin mining reached significant milestones in 2024, according to the latest industry update from H.C. Wainwright analysts Mike Colonnese and Dylan Scales. Bitcoin (BTC) surged 121% year-over-year, closing the year at $93,390 and outpacing all other asset classes. Key drivers…
Gryphon Digital Mining received a 850-acre industrial site powered by natural gas in Southern Alberta, Canada from a signed agreement with Captus Energy for $18.7 million. According to Gryphon Digital’s press release, the Bitcoin (BTC) mining firm plans to use…