Jihan Wu gains upper hand in Bitmain’s ongoing civil war
Jihan Wu has reportedly regained some control over the dysfunctional block reward mining hardware manufacturing company he helped found.
Latest Bitmain News
Bitmain new hardware has some miners concerned
Bitmain's decision to use 5nm chips in its new mining rigs met with some backlash from block reward miners and industry skepticism.
Judge denies Bitmain $30 million in damages
A Beijing court has denied Bitmain the $30 million in damages they were seeking from three Poolin co-founders for violating a non-compete agreement.
BTC heavyweights lose access to Inner Mongolia’s cheap power: report
Industry titans Bitmain and Ebang were among those listed that felt the new policy initiative's sting, according to recent reports.
Antminer shipping faces delay as Bitmain founders’ row continues
The Antminer Sales Team confirmed all shipments are delayed by three months over “external interference over the company’s management.”
Bitmain drama continues: Did Jihan Wu steal from Micree Zhan?
Micree Zhan is accusing rival Jihan Wu of illegally transferring 10,000 Antminers out of a farm owned by Zhan into his own farm.
Bitmain long history of dysfunction laid bare in letter to staff
In a July 17 letter, Jihan Wu sought to explain his side of the conflict that is negatively affecting both employees and customers of Bitmain.
Another shakeup inside Canaan Creative leads to 4 execs ouster
U.S.-listed ASIC hardware manufacturer Canaan Creative reportedly removed four executives from its listing.
Micree Zhan creates new accounts for Bitmain
A new bank account and website were announced via Bitmain’s WeChat, which many individuals believe Zhan is currently controlling.
Core Scientific ramps up hardware fleet with new Bitmain deal
Core Scientific will buy 17,595 units of Bitmain's S19 Antminer machines, to be delivered over the next four months.
Argo looks to diversify as BTC market remains stagnant
U.K.-based Argo Blockchain it announced the purchase of 750 older generation Bitmain Z11 mining units costing roughly $474,000.
Micree Zhan offers to buy out Bitmain rival Jihan Wu
Micree Zhan made the offer to buy out shareholders in a letter he wrote in response to a statement published on Bitmain’s website.