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Bitmain Shuts Down Research and Development Center in Israel
The ongoing bear market has caused another cryptocurrency company to downsize its operations. Bitmain, the Beijing-headquartered bitcoin mining technology giant, has now begun shutting down its research and development center in Ra’anana, Israel. дальше »
2018-12-10 21:50 | |
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Bitmain closes its Israel development center amid downturn in the crypto market
Cryptocurrency mining giant Bitmain is closing down its Israel-based research and development arm, the Globes reported. According to the report, Bitmaintech Israel, the firm’s R&D center in the city of Ra’anana, is being shuttered due to the general downturn in the crypto markets. дальше »
2018-12-10 21:06 | |
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Crypto Bear Market Has Even Led $15 Billion Bitmain to Lay Off Employees
The ongoing bear market has begun to take its toll on a number of businesses, as many seek to close up operations, reduce staff, or make other changes that impact their ability to stay afloat. The latest cryptocurrency firm to feel pressure due to continued price decline, is the $15 billion-valued mining giant Bitmain. дальше »
2018-12-10 19:59 | |
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Bitcoin Mining Giant Bitmain Is Collapsing – And It Only Has Itself To Blame
The Israeli research and development arm of cryptocurrency mining giant Bitmain will close, resulting in the firing of all 23 staff due to market “turmoil. ” Glikberg: Bitmain ‘Forced’ To Reevaluate As local media outlet Globes reported December 10, Bitmain, which continues to face financial problems of its own this year, will formally end all activities at its offshoot just three years after it began operations. дальше »
2018-12-10 18:00 | |
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Bitmain forced to shut down Israel operations due to cryptocurrency bear market
It appears the downturn of the cryptocurrency market is having a ripple effect (pun intended) on the industry. Numerous blockchain businesses have been forced to close down or lay off staff to survive – and the latest one is Bitmain. дальше »
2018-12-10 16:33 | |
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Lawsuit Filed Against Roger Ver, Bitmain, Kraken Over ‘Hijacking Bitcoin Cash Network’
On December 6, 2018, publicly listed American internet services company UnitedCorp filed a lawsuit against Bitcoin Cash proponent Roger Ver, the founder of bitcoin. com, bitcoin mining giant Bitmain and cryptocurrency exchange Kraken for allegedly hijacking Bitcoin Cash network unlawfully for personal benefit. дальше »
2018-12-8 09:00 | |
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Bitmain IPO in ‘Death Spiral’? Rumors Of $740M Q3 Loss as Bitcoin Cash Crashes
Fresh rumors over the financial health of Bitcoin mining giant Bitmain cast a shadow over the company again this week, suggesting it faces losses close to $1 billion. Bitmain’s Worst Quarter? Originally reported by the Twitter account known as BTCKING555 December 3, the author of which almost exclusively tweets about Bitmain, unreleased quarterly earnings data for Q3 2018 allegedly reveals $740 million losses. дальше »
2018-12-5 13:00 | |
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Bitmain Crypto Index Launches For Crypto Investors
CoinSpeaker Bitmain Crypto Index Launches For Crypto Investors Mining giant Bitmain has just launched a new cryptocurrency index. The index is for investors who are interested in having a benchmark for their investments. Bitmain Crypto Index Launches For Crypto Investors дальше »
2018-12-1 13:15 | |
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$5 Million Lawsuit Claims Bitmain Mined at Expense of U.S. Customers
Gor Gevorkyan, a Los Angeles resident, has filed a lawsuit against Bitmain for allegedly mining cryptocurrency at his expense. The class action claims that bitcoin mining giant had redesigned its ASIC devices “to mine crypto currency for the benefit of itself rather than its customers who purchase the products”. дальше »
2018-11-27 13:00 | |
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$5 Million Lawsuit Against Bitmain Filed in Northern California
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. дальше »
2018-11-27 21:38 | |
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Bitcoin Mining Giant Bitmain Launches Data Center in Washington Despite Crypto Crash
World’s leading bitcoin mining hardware manufacturer, Bitmain has launched a new $20 million data center for cryptocurrency mining in the East Wenatchee area of Washington, United States, actively expanding its global digital assets mining operations despite the ongoing bitcoin price slump, reported NW news network on November 18, 2018. дальше »
2018-11-21 16:00 | |
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“I am wondering when I can deposit my BSV token into exchange to sell.” Jihan Wu fires at Craig Wright’s Bitcoin Satoshi Vision
Jihan Wu, the co-founder of Chinese mining giant Bitmain, has publicly declared that he cannot wait to trade his Bitcoin Satoshi Vision token (BSV). After a row with BSV’s top proponent Craig Wright, Wu has established that he is more than willing to ditch the BSV token once exchanges begin to accept and process trading. дальше »
2018-11-19 11:50 | |
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Bitmain Restructures, But Jihan Wu Will Stay On The Board
Bitcoin mining giant Bitmain is restructuring while preparing for its billion-dollar IPO. Despite rumors, sources have confirmed co-founder Jihan Wu will remain on the Bitmain board of directors. дальше »
2018-11-15 00:58 | |
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Anonymous Bitcoin Thief Faces Lawsuit by Bitcoin Mining Giant Bitmain in Seattle
An anonymous thief who goes by the name ‘John Doe’ has crypto exchange giant Bitmain worked up. Earlier this year, a hacker got brief command of Bitmain’s account on another crypto exchange Binance. дальше »
2018-11-14 05:39 | |
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Bitmain Restructures Leadership Board Positions Ahead of IPO
According to recent reports, Chinese cryptocurrency mining giant, Bitmain, is undergoing a major leadership shuffle as the company restructures its board of directors ahead of its imminent IPO on the Hong Kong Stock Exchange (HKEX). дальше »
2018-11-14 01:00 | |
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Jihan Wu Loses Control of Bitmain as IPO Documents Indicate Profit Figures Were Hyped
Bitmain has dominated ASIC manufacturing since it was founded in 2013. One man has been at the forefront of this domination, leading the company into the giant that it is today; Jihan Wu. However, it may not be so for much longer, with a Chinese publication revealing that a recent reshuffle has demoted the renowned […] The post Jihan Wu Loses Control of Bitmain as IPO Documents Indicate Profit Figures Were Hyped appeared first on NullTX. дальше »
2018-11-14 00:33 | |
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Bitmain Sues Anonymous Hacker Over $5.5 Million Theft
Chinese mining giant Bitmain is suing an anonymous hacker that allegedly stole $5. 5 million in cryptocurrency last April from the company’s account on the digital exchange Binance. дальше »
2018-11-14 23:31 | |
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Bitmain Reshuffles Board Ahead of IPO, CEO Jihan Wu Loses Executive Power
News reaching Ethereum World News indicate that the Bitcoin Mining Giant known as Bitmain, has undergone a board reshuffle that has led to its CEO – Jihan Wu – losing his seat as the board’s executive director. дальше »
2018-11-13 20:09 | |
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Bitmain No Longer Under Influence of Jihan Wu, Says Lawyer
Bitmain co-founder Jihan Wu no longer has influence over the company’s decision-making processes after an executive board reshuffle, a lawyer told local media November 12. Wu Now ‘Supervisor’ As Sanyan Blockchain reports, the mining giant altered the make-up of its board last week. дальше »
2018-11-13 14:00 | |
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Bitmain to Power Up 90,000 S9 Antminers to Increase Bitcoin Cash Hash Power Before BCH Hard Fork
The Bitcoin Cash upcoming hard fork is generating divisions in the cryptocurrency market. The giant crypto mining company Bitmain decided to deploy an extra 90,000 Antimner S9 machines in order to increase the hash power on the Bitcoin Cash network. дальше »
2018-11-8 22:18 | |
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Bitmain’s New 7nm Chip Miners Are Available for Purchase Today
Chinese mining giant Bitmain's 7nm Bitcoin miners go on sale today, November 8, 2018. Announced in September of 2018, the miners allegedly offer considerably faster hash rates (though Bitmain didn’t disclose any specifications) and come in two separate Antminer models: the S15 and T15. дальше »
2018-11-9 18:52 | |
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Bitcoin Mining Leader Bitmain Releases New SHA256 7nm Miners “Antminer S15 and T15”
Bitmain Announces New Set of SHA256 7nm Miners to be Released on 11/8 Bitmain, a Bitcoin mining giant behemoth, has officially announced the release of two new 7 nanometer (nm) SHA256 miners from their Antminer crypto machines. дальше »
2018-11-6 19:44 | |
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Bitmain Enables Overt AsicBoost Activation in Latest Firmware Update
Chinese cryptocurrency mining giant, Bitmain, has officially released a firmware update that allows Bitcoin miners to activate the Overt AsicBoost upgrade that significantly increases their operational efficiency and decreases their cost-basis. дальше »
2018-10-23 09:00 | |
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Samsung Begins 7nm Chip Production
After delivering 10nm semiconductor technology, the electronics giant Samsung has announced the firm’s foundry has started production of its EUV-based 7nm LPP process. Lately, Bitcoin mining rig manufacturers have added more pressure to the significant global demand for high-performance chips. дальше »
2018-10-23 04:30 | |
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Samsung Begins 7nm Chip Production, Easing Miner Demand for Improved Semiconductors
After delivering 10nm semiconductor technology, the electronics giant Samsung has announced the firm’s foundry has started production of its EUV-based 7nm LPP process. Lately, Bitcoin mining rig manufacturers have added more pressure to the significant global demand for high-performance chips. дальше »
2018-10-23 04:30 | |
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Report Links 74% of Bitcoin Mining to China, Sees Threat to Network
Bitcoin, the world’s most sought-after cryptocurrency, could be at the wish and whim of Asia’s economic giant. A recent study titled “The Looming Threat of China: An Analysis of Chinese Influence on Bitcoin,” jointly researched by Princeton University and Florida International University researchers, suggests China’s mining scene has an overwhelming influence over Bitcoin, something that could invite network manipulation. дальше »
2018-10-11 00:29 | |
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David Vs. Goliath: Companies Like MicroBt Look To Challenge Bitmain’s Dominance
Bitmain is well-known across the cryptocurrency community for dominating the mining hardware market. Some think the Chinese giant might be losing its edge, and a growing number of competitors are emerging to challenge the company. дальше »
2018-10-10 00:00 | |
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Bitmain’s First-Ever Public Disclosure Out, IPO Plan Still on Amid Bearish Crypto Markets
Even though the Chinese government is cracking down on crypto entities, its homegrown crypto giant Bitmain continues to flourish. Bitmain, the largest crypto mining company in the world, released its public disclosures on Wednesday, Sept. дальше »
2018-9-28 21:24 | |
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IPO of Crypto Mining Giant Bitmain Could Pose More Risks Than Benefits
Bitmain, the world’s largest crypto mining equipment manufacturer, has filed for an initial public offering (IPO) with the Hong Kong Stock Exchange (HKSE) after recording staggering year-on-year growth. дальше »
2018-9-28 13:10 | |
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Cryptocurrency Mining Giant Bitmain Files for IPO in Hong Kong
Bitmain Technologies, the cryptocurrency mining firm co-founded by billionaires Jihan Wu and Ketuan Zhan, released public financial statements audited by KPMG on Wednesday, formalizing its desire to go public on the Stock Exchange of Hong Kong (HKEX). дальше »
2018-9-28 11:46 | |
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Bitcoin Cash Follows Ripple Price Pump On Back Of Bitmain IPO News
Bitcoin Cash (BCH) staged an unlikely comeback September 27, rising almost 25 percent after news mining giant Bitmain had finally filed for an initial public offering (IPO). BCH Hits Multiweek Highs Data from Coinmarketcap shows BCH beating out competition from all of the top twenty cryptocurrency assets for the 24 hours to press time, hitting $564 – its highest value since September 5. дальше »
2018-9-28 23:30 | |
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Bitmain Releases First Public Financial Disclosures
On September 26th, mining firm Bitmain publicly disclosed its financial information for the first time. The move comes in anticipation of an IPO on the Hong Kong Stock Exchange. Bitmain, the Chinese giant of crypto mining, has publicly released its financial standings in a prospectus report on Wednesday. дальше »
2018-9-27 17:00 | |
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Crypto Mining Giant Bitmain Files for IPO, Opens Up the Company Books
As the company files for an IPO, it gives complete details on its corporate dealings, revenues and profits, as well as its operations across the globe. The post Crypto Mining Giant Bitmain Files for IPO, Opens Up the Company Books appeared first on CoinSpeaker. дальше »
2018-9-27 15:47 | |
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[Breaking]: Bitmain Lost $700 Million in Q2, Will Be Net Income Negative By End of the Year, According to Source
Bitmain Lost $700 Million in Q2, Will Be Net Income Negative By End of the Year, According to Source A mysterious “Bitmain source” has surfaced to make some surprising claims about the Chinese mining giant. дальше »
2018-9-27 23:48 | |
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Bitmain Officially Files for IPO As It Faces Growing Competition, BCH Jumps 20%
Chinese cryptocurrency mining giant, Bitmain, has officially filed an application to conduct an Initial Public Offering (IPO) on the Hong Kong Stock Exchange (HKEX). The application has been long anticipated by analysts, and many cryptocurrency investors are excited at the prospect of being able to invest in the mining operation. дальше »
2018-9-27 22:00 | |
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Circle’s USDC Stablecoin Begins Trading
Boston-based cryptocurrency finance firm Circle has just joined the multitudes of other crypto exchange platforms now issuing and trading their own stablecoins. As of September 26, 2018, dollar-pegged USDC is now trading on Poloniex, the crypto-to-crypto exchange Circle acquired in February 2018, and on Circle Trade, the company’s over-the-counter (OTC) platform. дальше »
2018-9-27 20:50 | |
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Bitmain Launches “Next-Gen” 7nm Processor As IPO Looms
New 7nm Chip To Be Implemented In Upcoming Bitmain ASIC Machines Per an official announcement from Bitmain, Jihan Wu, the CEO of the Beijing-based cryptocurrency mining giant, revealed that his firm is launching the SHA256-focused BM1391, the long-awaited, next step in the evolution of Bitcoin mining machines. дальше »
2018-9-22 07:36 | |
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