Auto Added by WPeMatico
The bear market has not been easy on Bitmain. The world’s largest mining company is reportedly changing CEOs and laying off staff, while its IPO plans become less realistic
Powered by WPeMatico
Over the last year, cryptocurrencies have lost a lot of value yet bitcoin miners continue to process transactions and earn block rewards. A bunch of new mining rigs were announced in 2018 that packed some serious hashrate. As the new year begins, some of the top devices that process between 28-76 trillion hashes per second […]
The post A Look at Some of the ‘Next Generation’ Mining Rigs Available Today appeared first on Bitcoin News.
Powered by WPeMatico
There are always some developments taking place behind the scenes of the cryptocurrency world. Although the following rumor has not been officially confirmed by the company in question, it would appear there is some genuine mainstream media attention for this development. It would appear Jihan Wu is stepping down as Bitmain CEO because he is […]
The post Bitmain Allegedly Lines up new CEO to Replace Jihan Wu appeared first on NullTX.
Powered by WPeMatico
The cryptocurrency mining manufacturer Bitmain may have a new chief executive officer in the near future according to regional reports. Bitmain’s director of product engineering, Haichao Wang, will apparently take the lead role within the corporation but no official timetable has been announced. Also Read: Nick Szabo: Central Banks May Turn to Cryptocurrency Reserves Over Gold […]
The post Report Claims Chinese Mining Giant Bitmain Is Prepping for New Leadership appeared first on Bitcoin News.
Powered by WPeMatico
Bitmain’s Co-CEOs Jihan Wu and Micree Zhan Ketuan are transitioning out of their roles, sources report
Powered by WPeMatico
Major mining conglomerates in the crypto sector recorded large losses in 2018, struggling to deal with market conditions. Can they recover this year?
Powered by WPeMatico
According to unconfirmed Chinese media reports, Jihan Wu and the Jenke Group will reportedly resign as the heads of Bitmain
Powered by WPeMatico
On Dec. 27 the Houston Rockets challenged the Boston Celtics. During the game’s intermission, two contestants participated in a contest called the Antpool Red Planet Race. The participants played a game that involved ‘mining’ bitcoin cash (BCH) on the court floor in the hope of winning $300 worth of BCH. Also Read: Many Self-Proclaimed Bitcoin Inventors […]
The post Bitcoin Cash Mining Showcased at the Houston Rockets Game appeared first on Bitcoin News.
Powered by WPeMatico
At press time, the father of crypto is trading for just over $3,700. This is a slight ($200) drop from where it stood during our previous price article, though the currency does appear to be settling down a bit. In addition, most cryptocurrencies reported minor losses throughout the Christmas holiday, so bitcoin’s behavior isn’t terribly […]
The post Bitcoin Price Watch: Crypto Businesses Suffer as Price Continues to Drop appeared first on NullTX.
Powered by WPeMatico
Bitcoin Cash has been on the news for the past two months, both for positive and negative reasons. However, in the past two weeks, the currency made one of the fightbacks of the year, hitting $230 on December 21. However, the currency couldn’t maintain the momentum and at press time, the currency was trading at […]
The post Bitcoin Cash Struggles At $165, Volume Halves As Key Ally Looks Shaky appeared first on NullTX.
Powered by WPeMatico