Hong Kong Stock Exchange Head Hints at Incompatibility of Bitmain IPO
Fresh comment from regulators suggests chances of Bitmain succeeding in holding an IPO in Hong Kong now slimmer Go to Source Powered by WPeMatico
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The Daily: Bitmain Reflects on 2018, Memo Releases Mobile App
In today’s edition of The Daily, we cover a reflection on the passing year by the cryptocurrency mining technology giant Bitmain, a mobile app released by social network Memo and new turnover figures from a Bitcoin ATM network in Australia. Also Read: South Africa Wants to Mandate Registration of Crypto Services Bitmain Reflects on 2018 … Read more
Chip Making Giant TSMC Reports Significant Drop in Crypto Mining Revenue
Bitmain’s ASIC manufacturer TSMC reports a sizeable drop in its crypto mining-related revenue in 2018 Go to Source Powered by WPeMatico
Bitmain Exits Amsterdam Citing Focus on Long-Term Scalable Business Strategy
Bitmain’s Amsterdam offices are next to go as part of a downsizing operation Go to Source Powered by WPeMatico
Bitmain Pauses Texas Mining Operations, County Officials Report
According to reports from media outlet Texas Public Radio, the Chinese mining giant Bitmain Technologies has reportedly suspended operations in the town of Rockdale. Bitmain started to build up its new facility at a former aluminum smelting factory last summer, but since the crypto economy downturn, the company’s operations at the Texas factory have allegedly paused. … Read more
Mining Giant Bitmain Reportedly Suspends Mining Operations in Texas
Bitmain, a China-based leading mining and mining ASIC hardware producer, has reportedly suspended its mining operations in Rockdale Go to Source Powered by WPeMatico
Cornered by Bear Market, Bitmain Is Facing an Unclear Future
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 Go to Source Powered by WPeMatico
A Look at Some of the ‘Next Generation’ Mining Rigs Available Today
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 … Read more
Bitmain Allegedly Lines up new CEO to Replace Jihan Wu
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 … Read more
Report Claims Chinese Mining Giant Bitmain Is Prepping for New Leadership
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 … Read more
