Bitcoin Miner Canaan Creative’s 2019 Revenue Nears $100M Ahead of IPO
Mixed financial results for Canaan as IPO nears Go to Source Powered by WPeMatico
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Micree Zhan Claims He Was Removed From Bitmain Without Consent
Micree Zhan, a co-founder of Bitmain, claims he was ousted from the firm without his consent and will return Go to Source Powered by WPeMatico
Bitmain’s New IPO Attempt in Jeopardy as In-Fighting Goes Public
Critics are divided over Bitmain and Canaan Creative’s IPO bids. Plouton Mining CEO Ramak J. Sedigh told Cointelegraph: “The road forward becomes much harder and the climb to success steeper” Go to Source Powered by WPeMatico
ACIF – Asia Crypto Investment Forum Joins Thailand Blockchain Week
ACIF, Asia Crypto Investment Forum hosted by Hashcube, will hold its first meetup at The InterContinental Bangkok, as part of Blockchain Thailand Week, to discuss the future of crypto investments. The post ACIF – Asia Crypto Investment Forum Joins Thailand Blockchain Week appeared first on Bitcoin News. Go to Source Powered by WPeMatico
Mining Giant Bitmain Confidentially Files for U.S.-Based IPO
According to reports, bitcoin mining manufacturer Bitmain Technologies confidentially filed for a U.S.-based initial public offering (IPO) with the Securities and Exchange Commission. The news follows the alleged removal of cofounder and executive director Micree Zhan and the recent announcement of a facility in Texas with the capacity to house 300MW of hashpower. Also read: … Read more
UK Bitcoin Miner Eyes 240% Capacity Boost With New $10M Hardware Order
U.K.-based Bitcoin mining firm Argo Blockchain has doubled its order of new cryptocurrency miners to secure a 240% hash power increase Go to Source Powered by WPeMatico
Bitmain Quietly Files for Deutsche Bank-Backed IPO in the US: Report
Bitcoin mining giant Bitmain has quietly filed an application for an IPO in the U.S. with alleged sponsorship from Deutsche Bank Go to Source Powered by WPeMatico
Bitmain CEO Ousts Co-Founder, Biggest Shareholder to ‘Save the Ship’
Jihan Wu to Bitmain staff: Shun Micree Ketuan Zhan or face the axe Go to Source Powered by WPeMatico
Bitmain Aims to Build a 300MW Texas Mining Farm
The Beijing-based Bitmain Technologies and DMG Blockchain Solutions announced the launch of a 25MW mining facility in Rockdale, Texas. The new mine aims to bolster Bitmain’s international expansion which will soon expand to 50MW of processing power and then extend the operation’s capacity to more than 300MW. Also read: The Silk Road Investigation: A ‘Pattern … Read more
Bitmain’s Jihan Wu Talks Mining and Industry Growth With Bitcoin.com’s CEO
At the World Digital Mining Summit in Frankfurt, Germany, Bitcoin.com’s CEO Stefan Rust sat down with Jihan Wu, cofounder of Bitmain Technologies and Matrixport. The two discussed how cryptocurrencies being used for payments is spreading and how Bitmain is doing after the bear market last year. Also read: SEC Wants Second Look at Bitwise Bitcoin … Read more