Bitmain layoffs criticized by Micree Zhan as Jihan Wu changes role
Zhan believes Bitmain could stay healthy the way he left it, and Jihan Wu is no longer chief legal representative of the company.
Latest Bitmain News
Bitmain prepares for BTC halving with more layoffs
Bitmain laying off 50% of its staff suggests the upcoming BTC halving may not be as lucrative as many would hope.
Bitmain rival Canaan amps up crypto miners with 5nm chip
Canaan Creative is equipping its crypto mining products with TSMC’s 5nm chip in the first quarter of 2020.
Bitmain crypto mining markets share is dwindling
The market share for Bitmain-owned BTC.com has diminished as competition continues rising within the crypto mining sector.
Weekly update: Important developments in cryptocurrency space Dec 21, 2019
The closing out of 2019 brings with it several breaks in the crypto space.
Whatsminer’s popularity is rising
Although Bitmain has long been recognized as the number one hardware supplier, MicroBT’s Whatsminer series has risen in popularity for ASIC miners.
Bitmain subsidiary assets frozen over trade contract dispute
Dongguan filed a grievance against the Bitmain subsidiary this past September and is looking to be paid around $676,000.
Bitmain rival MicroBT’s founder arrested on embezzlement charges
Yang Zuoxing, founder and CEO of MicroBT, has been arrested and charged with embezzling nearly $15,000.
Bitmain wants to make onboarding crypto miners easier
Bitmain is launching three new strategies consisting of installment payment, option hedging, and joint mining to help customers begin mining BTC in advance of the halving.
Bitmain’s Jihan Wu returns as CEO with big offers and promises
Jihan Wu is trying to make everyone forget about Micree Zhan and tempt buyers with offers never seen before.
Crypto miner maker Ebang to file for US IPO
Ebang is following in the footsteps of Bitmain and Canaan and is set to file for an IPO in the U.S. The valuation of the company is yet to be revealed
Ex-Bitmain staff, now MicroBT CEO, arrested over alleged IP dispute
Shenzhen police have arrested Zuoxing Yang, founder and CEO of crypto miner manufacturer MicroBT, according to news outlet.