Bitmain Power Struggle Heats Up as Co-Founder Wrestles For Control

Bitmain Power Struggle Heats Up as Co-Founder Wrestles For Control
фото показано с : bitcoinist.com

2019-11-7 07:36

Chinese mining giant Bitmain is in the midst of a power struggle. Co-founder Micree Zhan who was ousted last week has returned with a vengeance asserting that he will use a legal team to regain control of the company.

Bitmain Battle Rages On Last week’s news that Jihan Wu had taken control of the world’s largest bitcoin mining hardware supplier was music to the ears of Bitcoin Cash holders. Wu is a big proponent of

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control bitmain co-founder struggle power bitcoin mining

Источник: bitcoinist.com

control bitmain → Результатов: 23


Фото:

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.

2018-11-14 00:33


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.

2018-10-11 00:29


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Ousted Bitmain Co-Founder Halts Antminer Shipments

Reports are emerging from the People’s Republic of China that Bitcoin mining giant, Bitmain, is delaying shipments of the firm’s popular Antminer rigs. The news was revealed by the head of marketing at Hashkeyhub, Molly [@molllliy], on her Twitter account, citing a translation from Weibo, China’s leading microblogging portal.