The long-lasting legal battle between co-founders of China-based Bitmain seems to have seen the light at the end of the tunnel after both parties agreed to reach an agreement. Legal Tussle Between Bitmain Co-Founders Reportedly Ended With a $600 Million Compensation for Jihan Wu According to Chinese media outlets, citing local crypto journalist Colin Wu, […]
The post Legal Battle Between Bitmain Co-Founders Appears to End With Micree Zhan Taking Control of the Company appeared first on Bitcoin News.
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Bitmain has delayed shipments of its Antminer bitcoin mining machines by three months, as the tussle between co-founders, Jihan Wu and Micree Zhan Ketuan, for control of the company intensifies. According to a post on Bitmain’s official Wechat account, the Beijing-based bitcoin miner maker said customers whose orders were due for delivery in June and […]
The post Bitmain Delays Delivery of Bitcoin Miners by Three Months, as Co-Founders Battle for Company Control appeared first on Bitcoin News.
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Reports detail that 10,000 Antiminers have been allegedly stolen from a Bitmain facility in China. Sources say that the missing mining rigs concern the ongoing power struggle between Bitmain cofounders Jihan Wu and Micree Zhan. Back in mid-June news.Bitcoin.com reported on the power struggle between the Bitmain cofounders. For many years now Bitmain has been […]
The post Leadership Feud at Bitmain: 10,000 Antminers Go Missing in Inner Mongolia appeared first on Bitcoin News.
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