Ex Bitmain CEO Jihan Wu sells BTC.com to sports lottery operator 500.com
500.com entered the share exchange agreement with Blockchain Alliance Technologies, the parent company of BitDeer, which is majority-owned by Wu.
Latest Jihan Wu News
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.
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.
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.
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.
SHA-256 miners process Bitcoin SV regardless of ideology
If a chain is profitable to mine, they will mine it regardless of ‘Aussie man bad’, what Twitter says or even in spite of their own statements.
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.
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.