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 … Read more

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 … Read more