BitMEX Report Points to More Consolidation in Bitcoin ASIC Mining
The Bitcoin mining ASIC manufacturing industry is expected to further consolidate, as is the wider mining farm operating sector. Go to Source Powered by WPeMatico
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Bitmain’s Cofounder Accused of Hindering Next-Gen Bitcoin Mining Rig Shipments
On June 11, 2020, regional reports disclosed that the cofounder of Bitmain, Micree Zhan, is still battling with Jihan Wu in an ongoing feud. The quarrel is allegedly causing shipment problems for customers, as reports note that Zhan is prohibiting deliveries stemming from the company’s Shenzhen factory. Bitmain Cofounder Micree Zhan Accused of Causing Mining … Read more
Bitmain Struggle Continues as Ousted CEO Reportedly Halts ASIC Deliveries
Bitmain’s operations in Shenzhen are reportedly being disrupted as Micree Zhan forbade shipment of mining devices following his recent takeover of the Beijing office. Go to Source Powered by WPeMatico
Antminer T19 May Not Affect Bitcoin Hash Rate but Keeps Bitmain Ahead
The Antminer T19 by Bitmain may not have a big impact on the Bitcoin network, and it comes out amid the firm’s internal and post-halving uncertainty. Go to Source Powered by WPeMatico
Micree Zhan Reportedly Used Private Guards to Physically Take Over Bitmain
Reports indicate that Micree Zhan obtained a significant victory as he led a team of guards into Bitmain’s Beijing office to establish himself as its legal representative. Go to Source Powered by WPeMatico
Bitmain Unveils Cheaper T19 Bitcoin Miner to Regain Lost Market Share
Bitmain on Monday released the Antminer T19, a cheaper bitcoin mining machine, in an effort to regain lost market share. The Beijing-based company said the Antminer T19 has computing power or hashrate of 84 terahash per second (TH/s) and power efficiency of 37.5 joules per terahash (J/TH). The latest hardware is modeled after Bitmain’s more … Read more
Bitmain Launches New T19 Bitcoin Miner After S17’s Troubled Launch
World-leading mining hardware producer Bitmain launched its new Antminer T19 Bitcoin Mining ASIC. Go to Source Powered by WPeMatico
GRX Group’s GRID Platform Hosts its First Tokenized Security
Digital advertising platform tribeOS launched its shares as tokenized securities on GSX Group’s GRID platform. Go to Source Powered by WPeMatico
Bitmain Cofounder Allegedly Expelled – Could Face Litigation for Operation Interference
One of the largest ASIC mining manufacturers worldwide, Bitmain, has allegedly ousted cofounder Micree Zhan. Regional reports note that he’s been threatened with litigation if he interferes with company operations. According to two local announcements written in Chinese, Bitmain has warned Zhan two times not to intervene with employees. Last October, news.Bitcoin.com reported on the … Read more
Bitmain Confirms Ousting of Micree Zhan, Threatens Legal Action
Bitmain issued statements saying that Micree Zhan has been ousted and threatened him and employees supporting him with legal action for not complying. Go to Source Powered by WPeMatico
