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Bitmain Pauses Texas Mining Operations, County Officials Report

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. дальше »

2019-1-14 06:30


Crypto Analyst: Shutdown Of Bitmain’s Mining Operations Isn’t A “Big Deal”

While Bitmain has made forays into artificial intelligence and other budding markets, at heart, Bitmain is a Bitcoin– and crypto-centric mining startup. So, it should come as no surprise that industry participants were shell-shocked when hearsay arose that Bitmain was poised to shutter a number of its mining-related ventures. дальше »

2019-1-1 12:02


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Bitmain Reportedly Will Sack More Than Half of Workforce

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. дальше »

2018-12-29 21:20


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Bitmain Reportedly Will Sack Up to 85 Percent of Workforce

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. дальше »

2018-12-27 21:20


Investor: Bitmain Firing 80% Workforce is Bad for Bitcoin Cash and Litecoin

According to several reports, crypto mining giant Bitmain is running out of funds. And it could be bad for Bitcoin Cash and Litecoin. $315. 5 million worth of Crypto-Assets Kyle Samani, the co-founder of Multicoin Capital, a crypto fund, warned in a Tweet that Bitmain would liquidate its crypto-assets to accumulate fiat-funds for its business operations. дальше »

2018-12-26 17:27


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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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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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Vitalik Buterin’s 7 Deadly Crypto Sins: Part 5. “Pow Is Burning Billions of Dollars per Year, Even More Than All Scams and Thefts Combined”

It’s hard to believe that in a remote town in rural Texas is transforming itself from the dirty coal mines of the 19th and 20th century to the clean digital mines of the 21st century. Bitmain is investing heavily into the town of Rockdale, Texas creating more than 300 jobs to manage the cryptocurrency mining operations. дальше »

2018-9-1 05:00


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Bitmain to Open 20000 Sq. Foot Office in Silicon Valley

Bitmain continues to consolidate itself as the world leader in the crypto mining market; and the expansion plans of Jihan Wu, its CEO, are still underway after a steady stream of successes. The company that created the famous Bitcoin ASICs “Antminers” has decided to expand its operations to the United States, and did it in […] The post Bitmain to Open 20000 Sq. дальше »

2018-7-19 20:29