The application for an initial public offering (IPO) of Bitmain, the cryptocurrency mining equipment maker on the Hong Kong Stock Exchange (HKEX) has officially expired. According to the recent update by HKEX, Bitmain’s application has been shifted to a group […]
Dai Pengcheng Bitmain’s sales representative said in a recent interview that the Crypto bear market will continue through 2019 and 2020. The Cryptocurrency market cap has dropped over 85% from a peak of $800 Billion to $120 Billion. Bitcoin (BTC) […]
Ethereum’s open source development community have tentatively agreed to an algorithm which will block ASIC. Hence specialised cryptocurrency mining hardware will be blocked, while only GPU hardware will be allowed. The code change is called ‘ProgPoW.’ According to the security […]
Bitmain recently made the news with reports stating 700 employees could be laid off by the mining giant. The mining giant recently confirmed that “staff adjustments” are underway. Bitmain employees have confirmed that over 50% of the staff will be laid […]
Beijing based Crypto mining giant, Bitmain, has recently laid off its whole team of developers working on Bitcoin Cash Go client (BCH). This is the same team that had once known as Bitmain’s Copernicus team. With a strong workforce of […]
Bitmain Technologies which is the largest producer of bitcoin mining chips has officially filed for Multi-Billion Dollar Initial Public Offering (IPO) on the Hong Kong Stock Exchange (HKEX) and could raise as much as $3 billion according to sources. The […]
Jihan Wu, CEO of the Bitcoin mining giant Bitmain recently announced the new 7nm Application Specific Integrated Circuit (ASIC) miner BM1391 at a mining conference(World Digital Mining Summit) in Tbilisi, Georgia. Wu revealed that the new generation of mining chips equipped […]
