Chinese mining company Bitmain has announced it is exploring new policies that will boost the company’s transparency and communication with the cryptocurrency community.
In a company statement, Bitmain said, “We believe that communities served by Bitmain and its products should be supported and served as transparently as possible.
Speaking with Bitcoin Magazine, a Bitmain representative stated: “Most critically, we will be disclosing the degree to which Bitmain mines for its own accounts.
Typically, people have looked at the amount of mining that takes place through our mining pools or hash nest cloud mining service.
This “empty block” policy is a departure from views expressed previously by Bitmain CEO Jihan Wu on Twitter:
@sysmannet sorry, we will continue mining empty blocks.
Chinese crypto mining juggernaut Bitmain has taken a substantial hit in the recent crypto crash, leading to negative consequences for the company on many fronts. Just today, a source has confirmed with Bitcoin Magazine that the company is shutting down its offices in Amsterdam.
Bitmain, the world’s largest Bitcoin-mining manufacturing equipment company is undergoing quite the restructuring, as the new CEO, Wang Haichao, will be replacing two of the company’s original founders, according to a new report (Jan 10).
The Chinese crypto mining company Bitmain has apparently been hit hard by the bear market and is looking to sack more than half of their entire workforce. Credible rumors of this story first began to circulate on Maimai, China’s equivalent to LinkedIn, as anonymous sources on a site frequently used by Bitmain employees began reporting that the company was looking at massive layoffs in the next several days.
The Chinese crypto mining company Bitmain has apparently been hit hard by the bear market and is looking to sack more than half of their entire workforce. Credible rumors of this story first began to circulate on Maimai, China’s equivalent to LinkedIn, as anonymous sources on a site frequently used by Bitmain employees began reporting that the company was looking at massive layoffs in the next several days.
Chinese cryptocurrency mining equipment producer Bitmain has been valued at approximately $12 billion following a Series B funding round. The company is also reportedly mulling a pre-IPO funding round “in the
Bitmain, the Bitcoin mining behemoth, is now reportedly valued at $ 12 billion. Bitmain, which controls a major chunk of the Bitcoin mining hashrate, is also set to invest in the upcoming Opera browser IPO.
Bitmain, the Bitcoin mining behemoth, is now reportedly valued at $12 billion. This new valuation comes after the company closed a $400 million Series B funding round. Bitmain, which controls a major chunk of the Bitcoin mining hashrate, is also set to invest in the upcoming Opera browser IPO.
According to sources, Bitmain, the Chinese Bitcoin [BTC] mining company, has recently closed a Series B funding round. This values the firm at $16 billion. The news emerged from the Chinese business media outlet Caixin, which reported earlier today that Bitmain had new equity funding.
$12 Billion: The Value of Mining Giant Bitmain in the New Funding Round Bitmain, the Chinese bitcoin mining giant reportedly closed a Series B funding that valued the company at around $12 billion. Caixin, Chinese business media reported on Friday the equity financing was somewhere between $300 and $400 million, though it is still unclear […]
A recent poll of the ZCash community which is represented by 64 elected members, held to decide whether the newly produced ASIC miner would be allowed or not, had the community kicking out the idea with a 45 – 19 win.
Recent Bitcoin block data shows that Bitcoin’s mining pools BTC. com, AntPool and ConnectBTC, respectively mined about 25. 7 percent, 16. 1 percent and 0. 2 percent of all new blocks over the past week.
On June 27, 2018, Coinbase CEO Brian Armstrong announced his new cryptocurrency charity fund, GiveCrypto. Armstrong established the philanthropic venture to financially empower people with direct cryptocurrency distributions.
The Chinese mining company Bitmain now controls over 40% of the BTC hashing power. This means that the company is approaching the hashing power required to control the Bitcoin network and – if it pleased – stage a 51% attack.
Chinese crypto mining giant, Bitmain, has mined over 42% of all Bitcoin blocks recently giving rise to fears that the company could soon have control over the 51% threshold necessary for a network attack.
Bitmain, the world’s largest manufacturer of cryptocurrency mining hardware, now controls approximately 42 percent of the Bitcoin network hashrate. The company owns BTC. com and AntPool, the two largest BTC mining pools in the world.
This week the Twitter handle @Bitmaintech was locked down because Twitter administrators claimed the account belongs to a 4-year-old. The Twitter handle’s owner and Bitmain’s head of marketing have complained to the social media company’s support team and Twitter’s CEO Jack Dorsey.
Недавно Зуко Уилкокс (Zooko Wilcox), основатель и генеральный директор Zerocoin Electric Coin Company, разрабатывающей ориентированную на конфиденциальность криптовалюту Zcash, получил интересное письмо.
Bitmain — the largest and most established manufacturer of cryptocurrency mining chips — is considering an IPO, or initial public offering. This could potentially open the company’s books to the world and allow the stock market to assign the company real-time value.
Bitcoin Magazine
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