Jihan Wu has resigned from Bitmain
Jihan Wu has officially resigned from Bitmain; the companies internal struggle for power has come to an end and Micree Zhan is official in control.
Latest Bitmain News
Over five digital currency companies want to IPO
Over five digital currency companies have expressed interest in going public–experts warn that both equities and digital currency are in a bubble.
Marathon Patent Group completes $200M capital raise
The company plans to use the proceeds from this recent capital raise to pay for the ASIC miners it ordered from Bitmain Technologies Inc.
Rumors swirl of potential settlement in Bitmain’s civil war
Bitmain co-founders Jihan Wu and Micree Zhan reportedly reached a settlement that ends their messy long-running feud around who will control the blockchain giant.
ASIC server arms race keeps rising as Core Scientific binges on servers
Core Scientific is planning to increase current capacity by threefold by purchasing over 58,000 ASIC hardware miners from Bitmain.
Bitmain lost money in 2019, lawyers tell court in China
Lawyers representing Bitmain Technologies disclosed at a recent court hearing that the ASIC mining hardware manufacturer recorded a loss of nearly $60 million in 2019.
Crypto Crime Cartel: How Roger Ver-led BCH tried to corrupt Bitcoin
While the Crypto Crime Cartel is far-reaching, the BCH network is becoming a regular feature in the emerging criminal scandals.
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.
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.”
