Tag: Bitmain

Mining Giant Bitmain Launches Crypto Index for Investors

Beijing-based cryptocurrency mining giant Bitmain has launched a new cryptocurrency index as a benchmark for investors.

$5 Million Lawsuit Claims Bitmain Mined at Expense of U.S. Customers

Gor Gevorkyan, a Los Angeles resident, has filed a lawsuit against Bitmain for allegedly mining cryptocurrency at his expense. The class action claims that bitcoin mining giant had redesigned its ASIC devices “to mine cryptocurrency for the benefit of itself rather than its customers who purchase the products”.

Bitmain Jihan Wu: There May be Further Split Within Bitcoin ABC and SV Communities

The Bitcoin Cash (BCH) hard fork become the hottest topic in the crypto community over the past weeks. Although the controversial chain split has been activated on November 15th. Insiders are still eyeing the ongoing battle between the Bitcoin ABC and Bitcoin SV. Jihan Wu, co-founder of the world’s largest bitcoin mining manufacture Bitmain, has ...

Bitmain vs. Coingeek: Who Can Win the BCH Hard Fork War?

As the whole crypto community is eyeing the upcoming Bitcoin Cash (BCH) hard fork, the war between Bitcoin ABC and Bitcoin SV (Satoshi Vision) is continuing to escalate. It will also be a new challenge for Bitmain. According to Bitmain’s IPO financial statement, Bitmain holds over one million BCH. As thus, the BCH hard fork on ...

Updated: Bitmain’s Board Directors Change is to Simplify Company Structure for IPO

According to a securities authority close to Bitmain, media reports about the company’s directors quitting the board was misread. The main body of Bitmain to be listed is Bitmain Technology Holdings Limited, while the personnel change happens in a wholly-owned subsidiary of Bitmain. The person said companies preparing for IPO usually set up new board ...

Mining Giant Bitmain Hurries to Deploy 90,000 S9 Antminers Ahead of Bitcoin Cash Hard Fork

Ahead of the imminent Bitcoin Cash (BCH) hard fork, mining giant Bitmain has rushed to deploy around 90,000 Antminer S9 machines to the western Chinese region of Xinjiang, Chinese blockchain news source DeepChain reports Nov. 8.

Bitmain’s Grand AI Dream: to be the Next NVIDIA

Of late, Bitmain the world’s denominated crypto mining giant, has finally handed in its public financial statements to the Hong Kong Stock Exchange. This could be one of the largest IPOs of all time in the crypto world. Some business insiders indicated that the high-profile IPO is only the first step for Bitmain to open ...

Mining Giant Bitmain Acquires Bitcoin Cash Wallet Startup

Crypto mining behemoth Bitmain announced Monday it has acquired the startup behind an open-source bitcoin cash wallet called Telescope.

Sia Announces Hard Fork to Brick Bitmain ASICS

After close to a year of debates within its community, Sia has finally gone ahead with a hard fork to brick out Bitmain and Innosilicoin ASICs.

Wu Jihan, Founder of Bitmain: 8 Major Blockchain Technology Development Topics in the Next Decade

The artificial intelligence program algorithm suits blockchain very well, and the combination of artificial intelligence and blockchain will be the next important direction for development.

Bitmain may be Sued by its Investors for Financial Misrepresentation and Omission

Bitmain is still preparing for its initial public offering. As the world’s largest cryptocurrency mining semiconductor, Bitmain’s IPO causes much concerns from the crypto mining community. However, controversy has been swirling around the company over the past few weeks. There were rumors going around about its alarming financial condition. Lately, the controversy went to a ...