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Bitcoin Mining Chip Manufacturer Ebang to List on Nasdaq This Week
24.6.2020
On Friday, June 26, the China-based Zhejiang Ebang Communication, often referred to as Ebang, will be listed on Nasdaq, according to various reports. Ebang’s initial public offering (IPO) will be the second U.S.-based IPO for an ASIC mining manufacturer joining the company Canaan. The Ebang...
Ousted Bitmain Co-Founder Offers to Buy $4 Billion in Shares
24.6.2020
Micree Zhan released a scathing letter directed towards fellow Bitmain co-founder Jihan Wu, offering to buy out control of the company
Bitcoin ASIC Miner Manufacturing Domination: Bitmain and Microbt Battle for Top Positions
22.6.2020
On June 16, 2020, Bitmex researchers published a report that noted bitcoin mining rig manufacturers have consolidated a great deal and in the future, Bitmex researchers predict that “only 2 to 3 players will survive into the longer term.” There’s still a number of SHA256 mining...
Blockchain Bites: Bitmain’s $4B Valuation, Cambodia’s CBDC and BTC-e’s Bust
22.6.2020
Bitmain's ousted co-founder is offering to buy his rival out of the company at a $4B valuation, significantly less than at the company's height
Bitmain Co-Founder Offers Share Buyback at $4B Valuation to End Power Struggle
22.6.2020
The offer seems an apparent effort to bring about negotiations that could end the divisions that have been tearing the company apart
Experts Say Bitcoin Difficulty Adjustment Might Prompt Miners to Switch Off Again
18.6.2020
As the network gets readjusted, and Bitcoin mining difficulty increases, older generations of mining machines might be out again
Bitcoin Mining Heats Up: High Difficulty Adjustment, Pool Consolidation, Less Concentration in China
18.6.2020
It’s been approximately 37 days since the notorious Bitcoin reward halving that took place on Monday, May 11, 2020. On June 16, the Bitcoin network saw a large upwards difficulty adjustment making it much harder to mine bitcoins and slowing down the issuance rate because block generation...
BitMEX Report Points to More Consolidation in Bitcoin ASIC Mining
16.6.2020
The Bitcoin mining ASIC manufacturing industry is expected to further consolidate, as is the wider mining farm operating sector
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