2022-7-23 08:50 |
The Bitcoin mining company plans to expand its fleet of mining devices, coming on the back of staff lay-offs and executive salary cuts just weeks before.
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The troubled bitcoin mining hosting firm recently laid off 15% of its staff.
2022-7-21 22:08 | |
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Compass Mining parts ways with 15% of its workforce while senior employees and executives take major pay-cuts in the wake of the cryptocurrency downturn.
2022-7-9 16:20 | |
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Compass Mining is reassessing its priorities after growing too quickly, the company said in a statement.
2022-7-8 00:59 | |
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The IBC group has significant Bitcoin and Ethereum mining operations across China and has over 1500 people employed in more than 40 cities. The group, which has...
2021-7-6 19:08 | |
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Former Bitmain staff have been accused of “illegally” moving 10,000 Antiminers from a company-owned mining facility in Mongolia.
2020-7-25 16:24 | |
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Canada-based and publicly listed blockchain infrastructure and mining company Bitfarms is at the moment reducing staff as a result of the economic and social effects brought by the coronavirus pandemic.
2020-4-8 19:53 | |
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Fidelity is looking to expand its Bitcoin mining staff
2020-2-20 21:10 | |
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Bitcoin mining hardware manufacturer Bitmain is reportedly cutting half of its staff as the BTC halving approaches. The move has angered employees as Chinese New Year also nears. Reports are emerging online of protests from disgruntled employees over Bitmain’s proposed staff cut.
2020-1-9 11:47 | |
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Jihan Wu, former CEO and Co-founder of Beijing-based mining chip manufacturing giant, Bitmain Technologies, has reportedly opposed the layoffs of a significant portion of the working staff at the firmThe post Bitmain's former CEO claims to oppose layoffs in open letter appeared first on AMBCrypto.
2020-1-6 15:30 | |
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Cryptocurrency mining giant Bitmain is reportedly working to reduce its workforce by another 50 percent pending the BTC halving
2020-1-3 00:40 | |
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Bitmain is not having an easy time right now. A transcript of a staff meeting has recently surfaced online and it shows that there is a power struggle happening inside the largest mining rig manufacturer in the world.
2019-10-31 00:56 | |
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A transcript of a Bitmain staff meeting reveals an ugly power struggle inside the world's biggest bitcoin miner maker that led to the abrupt ousting of co-founder Micree Ketuan Zhan.
2019-10-31 18:30 | |
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According to the latest reports, the co-founder and chief executive director of the Bitcoin mining giant Bitmain, Micree Keutan Zhan has been removed from his position. Chairman of the board Jihan Wu, who is another Bitmain co-founder sent an email to the staff saying, “Bitmain’s co-founder, chairman, legal representative, and executive director Jihan Wu has […]
2019-10-29 16:45 | |
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If you’re considering Bitcoin Cloud Mining, then G Mining Inc. is the best partner to hold your hand. The company offers very reasonable prices when it comes to BTC cloud mining; besides, the staff is friendly and can guarantee the best services.
2019-8-30 16:51 | |
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If you’re considering Bitcoin Cloud Mining, then G Mining Inc. is the best partner to hold your hand. The company offers very reasonable prices when it comes to BTC cloud mining; besides, the staff is friendly and can guarantee the best services.
2019-8-29 21:01 | |
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Bitcoin mining giant, Bitmain, has allegedly completed the signing of employee options and will shortly undergo its initial public offering (IPO). Bitmain Revives ‘$500M’ IPO According to unnamed sources speaking to Chinese-language news outlet, Jiemian, Bitmain finished the signing late last month.
2019-7-5 19:00 | |
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This article was originally published by 8btc and written by Vincent He. Although China has shut down bitcoin trading platforms and deemed them illegal, its attitude toward bitcoin mining is still ambiguous.
2019-5-31 20:14 | |
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A leading Israeli university is suing one of its own senior staff members for allegedly creating a zero-knowledge proofs technology company based on the intellectual property the professor developed while working for the institution.
2019-4-23 22:01 | |
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An intelligence branch of the Russian government used bitcoin to fund its cyberwarfare efforts to interfere with the 2016 U. S. presidential election, the Mueller Report claims.
2019-4-19 23:21 | |
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Hut 8, a Canadian Bitcoin mining firm has laid off more employees, citing poor revenue figures due to the prolonged cryptocurrency bear market of 2018. The Canadian Broadcasting Corporation (CBC) reports that it is the second round of staff cuts, following layoffs earlier in January 2019, as the company reportedly attempts to streamline its operationsRead MoreRead More.
2019-4-7 15:00 | |
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Bitcoin mining firm Hut 8 has reportedly laid off roughly half of its staff at facilities in Alberta, Canada
2019-4-5 00:20 | |
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Riot Blockchain Records $58 Million Loss For 2018 Since the bear market began, several firms across the crypto and Blockchain industry have reported significant losses. However, the section of the industry that seems to have been hit the worst in the mining sector with many firms closing down, letting go of their staff, trying to […]
2019-4-3 21:18 | |
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Blocktv is a new televised news source for the cryptocurrency community. News. Bitcoin. com recently visited the company’s headquarters in Israel to see what it takes to air a TV channel dedicated to reporting on the digital assets industry.
2019-4-3 21:33 | |
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Bitcoin mining giant Bitmain has officially announced its new CEO and says it will restart the IPO listing process sometime in the future. The company endured a difficult 2018 with administrative upheavals, staff layoffs, and significant losses.
2019-3-27 01:00 | |
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Bitmain Technologies, a Chinese based chip maker of specialized cryptocurrency mining machines, has shelved its plans to list on the Hong Kong Stock Exchange due to a number of reasons including staff lay-offs, a protracted bear market, and management restructuring reported the South China Morning Post on March 26.
2019-3-27 20:29 | |
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Stones are minor minerals and unless you want to engage more than 20 persons, or dig below six meters from ground and use heavy machinery, the permission to start a stone crushing is granted by the district collector (or on his behalf by the Sub Divisional Officer ) on recommendation of the Tahsildar.
2019-1-26 17:03 | |
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Bitmain, a cryptocurrency mining firm that is based in Beijing, has been majorly popular recently for its firings of about 50% of the staff. However, in a recent blog post, it does not look like they are allowing this to take down their year.
2019-1-22 22:15 | |
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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.
2019-1-15 00:45 | |
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Just in the past two months, Bitmain has fired more than half of its staff, has closed an entire office in Tel Aviv, has shuffled top management, and removed two of its chief operations officers. And today, the Chinese bitcoin mining giant decided that it would close another overseas workplace – this time in Amsterdam.
2019-1-14 15:26 | |
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The bear market has not been easy on Bitmain. The world’s largest mining company is reportedly changing CEOs and laying off staff, while its IPO plans become less realistic
2019-1-13 16:35 | |
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Bitmain Technologies is shelving its plans to create a mega Bitcoin mining facility in Rockdale, Texas. The news comes as the Bitcoin mining behemoth continues to downsize both the scale of its operations as well as its staff numbers.
2019-1-12 23:00 | |
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Bitmain, the Chinese mining hardware manufacturer who recently applied for listing on the Hong Kong Stock Exchange, has laid off around half of their employees, the company confirmed in a statement: “There has been some adjustment to our staff this year as we continue to build a long-term, sustainable and scalable business.
2018-12-28 00:05 | |
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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.
2018-12-29 21:20 | |
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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.
2018-12-27 21:20 | |
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According to a report published by Finance Magnets, on December 24, 2018, Bitcoin mining behemoth Bitmain has sacked its entire Copernicus team, which was responsible for the development of the firm’s Bitcoin Cash client.
2018-12-27 20:00 | |
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Bitmain And Huobi To Lay Off Staff Amid Crypto Bear Market Two crypto giants, the mining manufacturer Bitmain and the crypto exchange Huobi, were recently reported to lay off some of their staff amid the price drops that the market has faced in 2018, in which the price of Bitcoin went from almost $20,000 USD […]
2018-12-26 21:41 | |
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The cryptocurrency exchange Huobi, following the Chinese manufacturer of mining equipment Bitmain, confirmed its plans to cut its staff.
2018-12-31 18:25 | |
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Cryptocurrency mining giant Bitmain and major crypto exchange Huobi have reportedly confirmed plans to lay-off staff amid the 2018 price rout of the crypto markets
2018-12-27 12:05 | |
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Months after it filed an application to go public on the Hong Kong Stock Exchange, Beijing-based cryptocurrency mining giant Bitmain is undergoing a series of business changes that extend even to its China offices, the company confirmed Tuesday.
2018-12-25 19:00 | |
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The cryptocurrency is known for its volatility, but it seems that the effect has extended to the staff of major mining company Bitmain. After being warned of redundancies, the Bitmain executives decided to cut the whole of their Bitcoin Cash developers from their staff.
2018-12-24 21:16 | |
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Chinese-based cryptomining firm Bitmain is shutting down the operations of Bitmaintech Israel, its research and development (R&D) center in Ra'anana, Israel, according to reports from local news outlet Globes.
2018-12-10 20:51 | |
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The ongoing bear market has begun to take its toll on a number of businesses, as many seek to close up operations, reduce staff, or make other changes that impact their ability to stay afloat. The latest cryptocurrency firm to feel pressure due to continued price decline, is the $15 billion-valued mining giant Bitmain.
2018-12-10 19:59 | |
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The Israeli research and development arm of cryptocurrency mining giant Bitmain will close, resulting in the firing of all 23 staff due to market “turmoil. ” Glikberg: Bitmain ‘Forced’ To Reevaluate As local media outlet Globes reported December 10, Bitmain, which continues to face financial problems of its own this year, will formally end all activities at its offshoot just three years after it began operations.
2018-12-10 18:00 | |
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It appears the downturn of the cryptocurrency market is having a ripple effect (pun intended) on the industry. Numerous blockchain businesses have been forced to close down or lay off staff to survive – and the latest one is Bitmain.
2018-12-10 16:33 | |
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A Middle School principle in China was fired after staffers uncovered a cryptocurrency mining scheme utilizing school computers. Local media in China have begun to write about a foiled cryptocurrency mining scheme organized by the principal of Puman Middle School.
2018-11-11 08:45 | |
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A Middle School principle in China was fired after staffers uncovered a cryptocurrency mining scheme utilizing school computers. Local media in China have begun to write about a foiled cryptocurrency mining scheme organized by the principal of Puman Middle School.
2018-11-11 08:45 | |
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Two principals at a Chinese school have been caught using their employer’s electricity to mine Ethereum, according to local news outlet HK01. The report details how employees at Puman Middle School in Hunan province had been witnessing excessive noise from computers over the last few months – day and night, even during the holidays.
2018-11-8 18:23 | |
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GigaWatt, one of Central Washington’s largest companies in the cryptocurrency sector is, unfortunately, facing millions of dollars in debt as cryptocurrency prices fall. According to the Oregonian Times, Giga-Watt’s once upward trajectory is facing a sharp decline as the company explores every legitimate stream of revenue to remain in business.
2018-10-23 19:00 | |
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Norwegian bitcoin miner Kryptovault is facing a shutdown of its operations due to extensive noise complaints from locals and a lack of proper paperwork. The company, which is headquartered in a former paper mill in Norway’s capital of Oslo, uses more than 40MW of power to drive an arsenal of nearly 10,000 computers.
2018-8-24 23:36 | |
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Following a seed funding round, AMD and Consensys-backed W3BCLOUD is tripling its GPU capacity for a range of new blockchain functions they don't want to discuss – yet.
Four years ago, two lifelong friends turned a small investment into the largest crypto miner in North America. Now they are warring over the company's future.