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Bitmain’s Cofounder Accused of Hindering Next-Gen Bitcoin Mining Rig Shipments
14.6.2020
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...
Bitcoin Halving and Competitors Boost Pressure on Bitmain & Canaan
14.6.2020
The Bitcoin (BTC) mining hardware sector is opening up. New hardware manufacturers are entering the market with innovative new mining units, reducing the former dominance of major players such as Bitmain and Canaan.
And with the Bitcoin halving in May putting an extra squeeze on the profit margins...
Petro for Petrol, Karpeles' Guilt, Cotten's Ponzi, Frozen Bitmain + More News
12.6.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Crypto adoption news
The Venezuelan government says that 15% of fuel payments at petrol stations were made in petro (PTR) in...
Bitmain’s Power Struggle Takes Toll on Customers as Co-Founder Halts Shipments
11.6.2020
Like the employees forced to choose sides, Bitmain customers have been caught in the middle of the power struggle at the No.1 bitcoin miner manufacturer
Bitmain Struggle Continues as Ousted CEO Reportedly Halts ASIC Deliveries
10.6.2020
Bitmain’s operations in Shenzhen are reportedly being disrupted as Micree Zhan forbade shipment of mining devices following his recent takeover of the Beijing office
Antminer T19 May Not Affect Bitcoin Hash Rate but Keeps Bitmain Ahead
5.6.2020
The Antminer T19 by Bitmain may not have a big impact on the Bitcoin network, and it comes out amid the firm’s internal and post-halving uncertainty
Blockchain Bites: Bitmain’s Shakeup, Bitcoin’s Resilience and Ethereum’s Anonymity
4.6.2020
Bitmain's ousted co-founder reportedly retook the company's office building while a protocol update made Bitcoin more resilient to state attacks
Bitmain’s Feuding Co-Founders Are Fracturing the Firm and Staff Are Caught in the Middle
4.6.2020
Staff at bitcoin miner manufacturer Bitmain are being forced to choose between its two co-founders as a long-running feud over control of the firm worsens
Micree Zhan Reportedly Used Private Guards to Physically Take Over Bitmain
4.6.2020
Reports indicate that Micree Zhan obtained a significant victory as he led a team of guards into Bitmain’s Beijing office to establish himself as its legal representative
Bitmain Unveils Cheaper T19 Bitcoin Miner to Regain Lost Market Share
2.6.2020
Bitmain on Monday released the Antminer T19, a cheaper bitcoin mining machine, in an effort to regain lost market share. The Beijing-based company said the Antminer T19 has computing power or hashrate of 84 terahash per second (TH/s) and power efficiency of 37.5 joules per terahash (J/TH)....
Bitmain Launches New T19 Bitcoin Miner After S17’s Troubled Launch
1.6.2020
World-leading mining hardware producer Bitmain launched its new Antminer T19 Bitcoin Mining ASIC
GRX Group’s GRID Platform Hosts its First Tokenized Security
27.5.2020
Digital advertising platform tribeOS launched its shares as tokenized securities on GSX Group’s GRID platform
Bitmain Cofounder Allegedly Expelled – Could Face Litigation for Operation Interference
27.5.2020
One of the largest ASIC mining manufacturers worldwide, Bitmain, has allegedly ousted cofounder Micree Zhan. Regional reports note that he’s been threatened with litigation if he interferes with company operations. According to two local announcements written in Chinese, Bitmain has warned...
Bitmain Confirms Ousting of Micree Zhan, Threatens Legal Action
27.5.2020
Bitmain issued statements saying that Micree Zhan has been ousted and threatened him and employees supporting him with legal action for not complying
China Strikes Down 10% of Global BTC Hashrate, Who Will Pick Up The Slack?
22.5.2020
Citing the increase in illicit crypto-related activities, the provincial government of Sichuan moves to stamp out 10% of the global Bitcoin hashrate
As Bitcoin Halving Dust Settles, Network Awakens to Costly New Reality
21.5.2020
Bitcoin halving has led to high transaction fees and slow block generation speeds. Is this the new reality?
Nasdaq to Reportedly Tighten IPO Rules for Chinese Firms, Crypto Potentially Affected
19.5.2020
Some Chinese companies could be left out of the world’s second-largest stock exchange as a result of proposed changes — and crypto is no exception
45 Older-Generation Bitcoin Miners Are Unprofitable After the Reward Halving
17.5.2020
On May 11, the Bitcoin network experienced its third block reward halving, which had chopped the 12.5 BTC reward to 6.25 coins following the event. It’s been close to a week later, and data stemming from mining rig profitability websites show that more than 45 older generation devices are...
Someone Was Propping Up the Bitcoin Cash Hashrate at a Loss in April
16.5.2020
Data indicates that someone was propping up Bitcoin Cash at a loss prior to the halving
Up to 30% of Bitcoin Miners Close Shop as Business Turns Unprofitable After Halving
12.5.2020
About a third of Bitcoin (BTC) mining firms may already be switching off their machines as the business becomes unprofitable due to a reduction in mining rewards. The third Bitcoin halving – consummated earlier today – reduced supply of the pioneering cryptocurrency, cutting the bonus...