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.
Latest Bitmain News
Bitmain’s hashrate reaches 16-month low
As cryptocurrency mining company has seen one blow after another, it is becoming increasingly possible that the end is near.
HK stock exchange chief takes a swipe at Bitmain’s IPO attempt
SEHK CEO Charles Li Xiaojia responded to media questions about the status of initial public offering (IPO) applications of three cryptocurrency mining hardware manufacturers—Bitmain Technology, Canaan Creative, and Ebang International Holdings.
Bitmain cutbacks claim another victim—Wormhole
Is Wormhole, the supposed game-changing project backed by Bitmain CEO Jihan Wu, is no longer “auxiliary” to the Chinese cryptocurrency mining company?
Bitmain closes another office—this time in Amsterdam
After shutting down its operations in Israel and Texas, cryptocurrency mining company Bitmain has reportedly decided to also close its office in Amsterdam.
Under China’s new blockchain laws, Bitmain-ABC’s BCH is in trouble
Under the new regulations, blockchain information service providers are within the purview of the CAC and a range of penalties has been outlined for the violation of the provisions.
Bitmain shuts down Texas mining operations
Bitmain, the once giant China-based cryptocurrency mining company, offered to turn things around, bringing promise of new jobs and new hope to the struggling people of Rockdale.
Haichao Wang replaces Jihan Wu at Bitmain
Wang, currently the product engineering director at Bitmain, is “poised” to succeed the crypto mining hardware company’s CEOs, Jihan Wu and Micree Zhan, according to reports.
Bitmain pushed back as Ethereum moves to ASIC-resistant miners
Ethereum core developers have reportedly reached a decision to implement a new proof-of-work algorithm that could potentially improve the efficiency of GPU-based mining, shying away from ASIC-based activity
Kraken stayed busy with law enforcement officials last year
According to a tweet by the cryptocurrency exchange from two days ago, Kraken had to deal with a significant number of law enforcement requests last year.
‘For the better survival of Bitmain’: Embattled Jihan Wu, co-CEO reportedly resigning
The crypto mining company's top man, Jihan Wu, is reportedly about to quit his chief executive position at Bitmain, along with his co-CEO Micree Zhan.
Confirmed: Bitmain facing major staff reductions
When Bitmain filed for its initial public offering a few months ago, it indicated that it had 3,594 full-time employees. That number has dwindled to around 3,100 and the personnel cuts—which reports indicate has affected over 1,000 employees—will lead the company to be nothing more than a shell of its former self.