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.

Business 26 March 2019

Bitmain IPO fizzles and expires

As of March 25, the official deadline for introducing Bitmain's initial public offering (IPO) filing on the Hong Kong Stock Exchange (HKEX) has expired.

Press Releases 21 March 2019

UnitedCorp files opposition to dismiss in its suit alleging hijacking of the Bitcoin Cash Network by Bitmain Group, Bitcoin.com, Roger Ver, Jesse Powell, Kraken and Bitcoin ABC Developers

Company challenges Defendants to explain their actions under oath and will pursue discovery by way of deposition or under subpoena of the Defendants in the United States including Roger Ver, Amaury Sechet and Jihan Wu.

Business 8 March 2019

Former Bitmain employees look for a new start

Looking for the next steps after their layoffs from Bitmain, some employees are looking to start a new crypto services company.

Tech 27 February 2019

Ebang eyes 400,000 units of crypto miners for 2019 amid market woes

Ebang is said to be on track to produce 400,000 crypto mining units this year, up from the 309,000 mining units sold in the first six months of 2018, according to local reports.

Tech 22 February 2019

Security researcher finds Bitmain S15 miner exploit

A developer has discovered vulnerability in Bitmain’s Antminer S15, which has subsequently been turned into an exploit by an anonymous security researcher​.

Business 19 February 2019

Bitmain continues to post revenue losses

Cryptocurrency mining equipment manufacturer Bitmain is still grasping to hope that it will be able to pull off its initial public offering.

Business 13 February 2019

Canaan Creative co-founder leaves crypto miner maker: report

Internal disagreements have reportedly sent Xiangfu Liu, one of the three founders of Bitmain’s crypto mining rival Canaan Creative, packing.