2020-7-25 16:24 |
Former Bitmain staff have been accused of “illegally” moving 10,000 Antiminers from a company-owned mining facility in Mongolia.
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Bitmain's power struggle gets nastier with co-founder Jihan Wu being accused of an illegal coup
2020-6-22 09:34 | |
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On June 11, 2020, regional reports disclosed that the cofounder of Bitmain, Micree Zhan, is still battling with Jihan Wu in an ongoing feud. The quarrel is allegedly causing shipment problems for customers, as reports note that Zhan is prohibiting deliveries stemming from the company’s Shenzhen factory.
2020-6-15 22:08 | |
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United Corp, a Florida-based cryptocurrency company that sued Bitmain in December 2018, contested the mining giant’s motion to dismiss the case in a US court this week. A cryptocurrency company United American Corp claims that China-based Bitmain should not be dismissed from the United States’ antitrust suit, as the mining gear maker requested.
2019-11-30 15:33 | |
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ASIC chips manufacturer Bitmain accused a crypto project of infringing on its brand in the promotion of Mangocoin
2019-8-12 23:24 | |
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A class-action lawsuit for over $5 million has been filed in northern California against Chinese mining giant Bitmain. The company is being accused of utilizing customers’ newly purchased machines to mine cryptocurrency at full power for its own benefit while customers were configuring their equipment.
2018-11-27 21:38 | |
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Ex-UBS bankers raise $100M for crypto project, Korean Exchange CEO accused of 1 billion won bribe, Bitmain IPO application brings recent losses to light and Walmart pushes suppliers onto the blockchain.
2018-9-28 19:17 | |
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It looks like one of Bitcoin’s premier mining pools, AntPool, has activated AsicBoost on its mining operations. AsicBoost purportedly increases mining efficiency by up to 20 percent, making its usage very controversial.
2018-9-6 19:10 | |
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Surfaced documents suggest that Bitmain has accumulated nearly $1 billion worth of Bitcoin Cash, raising eyebrows over the cryptocurrency’s role in a prospective $18 billion initial public offering (IPO).
2018-8-14 23:00 | |
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Chinese mining company Bitmain has announced it is exploring new policies that will boost the company’s transparency and communication with the cryptocurrency community.
2018-7-26 19:33 | |
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Mining Tempers are flaring in Quebec, as its climate and relatively cheap electricity have made it a magnet for the burgeoning cryptocurrency mining industry. The provincial government and its energy concern, Hydro-Quebec, have been accused of playing favorites to the likes of mining giants such as Bitmain. Quebec Mining Drama Continues and So Does Debate
2018-7-6 19:03 | |
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Tempers are flaring in Quebec, as its climate and relatively cheap electricity have made it a magnet for the burgeoning cryptocurrency mining industry. The provincial government and its energy concern, Hydro-Quebec, have been accused of playing favorites to the likes of mining giants such as Bitmain.
2018-7-6 16:50 | |
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Antpool, the second-largest Bitcoin (BTC) mining pool, recently made headlines by successfully mining seven consecutive blocks on May 17, sparking worries within the cryptocurrency community about network security.
While large investors appear to demonstrate their interest in Bitcoin, the growth has yet to accelerate in order to make the rally sustainable, analysts at CryptoQuant say. The price of Bitcoin managed to recover to the $66,000 mark late Wednesday…
Analysts at blockchain firm Kaiko say Bitcoin’s recent halving might soon force miners to sell their crypto holdings. Bitcoin miners are starting to feel pressure as daily average network fees, which spiked after the halving, have begun to decline, according…
The United States government has ordered a Chinese-backed cryptocurrency mining company to stop constructing a mine in Wyoming. According to the May 13 order signed by President Joe Biden, MineOne Cloud Computing Investment and its partners will be required to…
Bitcoin mining difficulty has dropped to its lowest level since December 2022.
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Core Scientific reported a $210. 7 million net income for the first quarter on May 8. The change represents an increase of $211. 1 million from the first quarter of 2023, when the company reported a net loss of $0.