Bitmain Aides get Into a Fistfight Over the Company’s License

2020-5-12 00:00

Most Bitcoin enthusiasts will be familiar with the company known as Bitmain. Behind the scenes of that mining hardware manufacturer, things are heading in a very interesting direction all of a sudden.

It seems as if Bitmain is falling apart at the seams.

The Bitmain Power Struggle is far From Over

More specifically, there is a power vacuum that affects the company, and several individuals are jockeying for position.

Things are now getting out of hand, as a physical altercation took place in Beijing this week.

Various aides of the Bitmain co-founders are going to extreme lengths to ensure the company will move forward in their preferred direction.

Police officials arrived at the site of the altercation, and both groups were taken to a local police station.

The situation behind Bitmain’s current state of affairs has begun escalating in October of 2019.

Ever since Jihan Wu ousted Ketuan Zhan, things have gotten out of control.

After taking this matter to court, Zhan was allowed to recover the company from Jihan Wu.

Needless to say, that has only made the entire situation even more volatile.

The current problem lies in how the Bitmain company license has been handled.

It is now seemingly granted to Zhan, although it should never belong to an individual.

Image(s): Shutterstock.com

The post Bitmain Aides get Into a Fistfight Over the Company’s License appeared first on NullTX.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Bitcoin & Company Network (BITN) на Currencies.ru

$ 3.4E-5 (-0.68%)
Объем 24H $0
Изменеия 24h: 7.68 %, 7d: 5.02 %
Cегодня L: $3.4E-5 - H: $3.4E-5
Капитализация $0 Rank 3624
Цена в час новости $ 1.78E-5 (91.01%)

company bitmain manufacturer things mining hardware all

Источник: nulltx.com

company bitmain → Результатов: 126


Фото:

“Bitmain Is Restructuring,” But Jihan Wu Still a Board Director: Source

Bitmain has denied reports that its CEO Jihan Wu was ousted as the mining firm’s board director while confirming that the board has undergone restructuring. Setting the record straight, Nishant Sharma, international marketing manager of Bitmain Technologies Limited, told Bitcoin Magazine that, instead of losing his position, Wu will continue on as a co-director of the board amidst a wider reorganization.

2018-11-15 21:26


Фото:

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.

2018-11-14 00:33


Bitmain Files Anonymous Lawsuit Against Hacker Who Stole 617 BTC from Company’s Binance Account

The United States has a long and proud history of litigation. While some would argue this right has been abused, there is no denying its importance in defining the American spirit. Now the mining rig manufacturer Bitmain has filed a lawsuit against an unidentified hacker who is suspected to have stolen from the company’s Binance […]

2018-11-12 01:39


Фото:

Bitmain — банкрот? Компания не может рассчитаться по долгам со своим главным поставщиком

Теперь Bitmain не будет сотрудничать со своим главным поставщиком чипов Taiwan Semiconductor Manufacturing Company (TSMC). Отношения между двумя компаниями находятся не в лучшей форме, Bitmain уже задолжала свыше 300 миллионов долларов за поставки сырья. В один момент общий долг майнингового гиганта...

2018-11-8 11:00


New Crypto Rumor Says Bitmain Is Possibly Losing Taiwan Bitcoin Mining Chip Supplier TSMC

Bitmain May Lose Chip Supplier Bitmain is a bitcoin mining manufacturer that will no longer be receiving chips from its supplier, called Taiwan Semiconductor Manufacturing Company TSMC. The platform’s relationship with TSMC is not in good shape, as the company is in arrears in the amount of over $300 million. Bitmain has, at one point, […]

2018-11-5 19:59


Report Links 74% of Bitcoin Mining to China, Sees Threat to Network

Bitcoin, the world’s most sought-after cryptocurrency, could be at the wish and whim of Asia’s economic giant. A recent study titled “The Looming Threat of China: An Analysis of Chinese Influence on Bitcoin,” jointly researched by Princeton University and Florida International University researchers, suggests China’s mining scene has an overwhelming influence over Bitcoin, something that could invite network manipulation.

2018-10-11 00:29


Blockchain Business in Crypto Valley Has Doubled Since Last Year: Report

The number of blockchain-related companies in Switzerland and Liechtenstein has doubled in the last year, according to a new study published by CV VC. The Zug-based firm, in partnership with Strategy& (PwC’s global consulting arm) and inacta, compiled information about the top 50 blockchain and digital asset companies between the two countries.

2018-10-11 00:18


Фото:

Bitmain Fights Rumors by Launching New ASIC Chip

As Bitmain’s IPO date approaches, negative news involving the company could add up. The CEO of Bitmain, Jihan Wu, countered the pessimism by launching a brand new “algorithm acceleration chip. ” Bitmain’s Anonymous Detractors After the news that Bitmain’s earnings over the course of Q2 didn’t turn out according to plan, someone who claims to be an insider and leaks collector created an anonymous Twitter account to disparage the company freely.

2018-9-22 02:00


Фото:

New Mining Manufacturer Linzhi Announces Ethereum ASIC Miner

Chen Min, the former chief chip maker at Bitcoin mining chip developer Canaan Creative, is turning her attention to Ethereum. Announcing her venture at the Ethereum Classic Summit in Seoul, South Korea, Chen’s new company, Linzhi, will focus on building cryptocurrency mining devices, and its first official products are a series of application-specific integrated circuit (ASIC) miners designed specifically for Ethereum and Ethereum Classic.

2018-9-15 01:22


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru