Bitmain's Director of Sales, Fan Xiao Jun, has said that T17 and S17 production capacities are presently producing at a "very limited capacity.".
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.
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.
Zhan believes Bitmain could stay healthy the way he left it, and Jihan Wu is no longer chief legal representative of the company.
Yang Zuoxing, founder and CEO of MicroBT, has been arrested and charged with embezzling nearly $15,000.
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.
Jihan Wu is trying to make everyone forget about Micree Zhan and tempt buyers with offers never seen before.
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’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.
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.
Sources claimed Chinese crypto mining equipment maker Bitmain “will dial down the support” for the BCHABC project.