Bad luck continues for Bitmain amid internal dysfunction
Bitmain's Director of Sales, Fan Xiao Jun, has said that T17 and S17 production capacities are presently producing at a "very limited capacity.".
Latest Jihan Wu News
Bitmain Roger Ver group problems pile up as BCH lawsuit moves forward
United American Corp. accused the Bitmain camp of colluding to stage a premeditated hostile takeover of the BCH network during the November 2018 hash war.
Bitmain’s Zhan ouster explored and BitClub’s scandal ramifications
New documents help explain how Micree Zhan was ousted by Jihan Wu, and Wu has plenty to be worried about even without his rival in control.
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.
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.
Bitmain quietly files for US IPO amid internal power struggles
The crypto mining equipment manufacturer has reportedly refiled its application for an initial public offering (IPO) in the United States, after hopes of an initial bid were dashed earlier this year.
Jihan Wu forces out Bitmain co-founder Micree Zhan
Jihan Wu’s move to take more control over Bitmain broke early on October 29, as he has apparently supplanted Micree Zhan as the company’s legal representative.
Jihan Wu planning launch of new crypto services company: report
The former head of Chinese mining company Bitmain is reported to be launching a new startup as soon as July, with a focus on crypto services.
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.
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?