Tech 30 August 2019

Bitmain chip supplier TSMC slapped with multiple lawsuits

TSMC is accused of using its rival’s technology to make billions of dollars’ worth of sales.

Business 5 August 2019

Bitmain loses hundreds of millions of dollars, but says it’ll bounce back

Bitmain lost $310 million in the first three months but hasn’t given up hope yet, though, and expects things to turn around sometime this quarter.

Tech 12 July 2019

Bitmain loses $150K after mining an invalid block

Antpool just lost $150,000 in Bitcoin Core (BTC) after a block it had been mined was rejected by the BTC blockchain.

Business 8 July 2019

Bitmain offers stock options to staff to keep them around for IPO

Bitmain has finished distributing stock options to staff, who might need the incentive to stay on the ship.

Business 24 June 2019

Bitmain rumored to be considering another IPO

Bitmain is rumored to be considering a new IPO, a move that can only mean they are desperate for money.

Business 18 June 2019

Bitmain launches lawsuit against rival

Bitmain is suing a trio of former employees who struck out on their own with a rival mining pool, and hopes that a court will side with it.

Business 7 June 2019

Jihan Wu planning launch of new crypto services company: report

The former head of Chinese mining company Bitmain is reported to be launching a new startup as soon as July, with a focus on crypto services.

Business 8 May 2019

Bitmain acknowledges 88% drop in mining power

Bitmain may try to put on a happy face and tell the world that everything is going well, but there’s one thing about the truth—it cannot be suppressed forever.

Business 3 May 2019

Bitmain’s S9 architect jumps ship, possible signal of trouble ahead

Cryptocurrency mining giant Bitmain has had an extremely rough 12 months and has had to shutter many of its operations this year.

Business 26 April 2019

Jihan Wu on his own? Bitmain reportedly wants out of ‘failure’ Bitcoin Cash

Sources claimed Chinese crypto mining equipment maker Bitmain “will dial down the support” for the BCHABC project.

Business 25 April 2019

Bitfi won’t add Bitcoin Cash support over drama, false claims

Cryptocurrency wallet provider Bitfi has decided that Bitcoin Cash (BCH) has become too unstable to warrant support by the wallet.

Business 2 April 2019

Bitmain could face lawsuit over failed IPO

A group of investors is putting together a class-action lawsuit against Bitmain, looking to recover investments that were made in view of the failed IPO.