Bitmain – Page 33 – DIGIT INFO

Bitmain Faces $5 Mln Lawsuit for Allegedly Unauthorized Mining at Clients’ Expense

Crypto mining giant Bitmain is facing a class action lawsuit of $5 million that alleges it mined cryptocurrency for its own benefit on its customers’ behalfs

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How Crypto Market Fall Influences Mining Hardware Sales and Producers’ Revenues

AMD and Nvidia stocks fell by 48% and 36% correspondingly last month, and Bitmain has allegedly lost $600-700 million in Q2. Is the mining hardware industry falling along with crypto market?

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Bitcoin ABC Still Leads But Bitcoin SV Is Catching Up, Both Mining At Losses

Bitcoin Cash went through its hard fork on Thursday, November 15 at 17:52 UTC after the mining of block number 556,767. Almost two days later, the two factions that remain are Bitcoin ABC and Bitcoin SV. While SV had the lead in mining power before the split at over 70 percent, the tables turned immediately […]

The post Bitcoin ABC Still Leads But Bitcoin SV Is Catching Up, Both Mining At Losses appeared first on NullTX.

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Jihan Wu Loses Control of Bitmain as IPO Documents Indicate Profit Figures Were Hyped

Bitmain has dominated ASIC manufacturing since it was founded in 2013. One man has been at the forefront of this domination, leading the company into the giant that it is today; Jihan Wu. However, it may not be so for much longer, with a Chinese publication revealing that a recent reshuffle has demoted the renowned […]

The post Jihan Wu Loses Control of Bitmain as IPO Documents Indicate Profit Figures Were Hyped appeared first on NullTX.

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Bitmain Co-Founder Jihan Wu Loses Executive Power in Board Reshuffle, Says Chinese Media

Bitmain’s directorship could now look very different after unconfirmed reports that Jihan Wu is now only a “supervisor” for the company

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Opposing Bitcoin ABC and Bitcoin SV Factions’ Debates Grow Heated as the Bitcoin Cash Hard Fork Draws Closer

The Bitcoin Cash split becomes increasingly probable. Bitmain is deploying 90k Antminers to back Bitcoin ABC (49% nodes), and Bitcoin SV (6% nodes) is supported by the largest Bitcoin mining pool

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Mining Giant Bitmain Sues Unknown Hacker for Alleged Theft of $5.5 Million in Crypto

Bitmain has sued a “John Doe” hacker for stealing $5.5 million in crypto via unauthorized access to Bitmain’s account on Binance and price manipulation

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

Ahead of the imminent Bitcoin Cash hard fork, mining giant Bitmain has scurried to deploy around 90,000 Antminer S9 machines to the western Chinese region of Xinjiang

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China: Bitcoin Mining Behemoth Bitmain Releases New 7nm Antminer Hardware

Bitcoin mining behemoth Bitmain has officially released two new 7nm (nanometer) “Antminer” crypto mining machines, designed to mine with the SHA256 algorithm

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Trend of Global Crypto Mining: Despite the US-China Trade War, Activity Surges as Samsung and GMO Enter

The breakeven cost of Bitcoin mining is at around $7,000 to $8,000. Yet, miners are still mining at a loss

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