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Bitcoin Rich: 6 Crypto Entrepreneurs Make the 2020 Hurun Billionaire List


On Wednesday, the “Hurun Global Rich List,” a ranking of the wealthiest individuals, published its 2020 report that notes the world saw 346 new billionaires last year. This year’s list also includes six blockchain entrepreneurs who made the Hurun Global Rich List through...

Bitcoin Cash Miners Plan $6M Development Fund by Leveraging Block Rewards


A group of Bitcoin Cash mining pool operations have decided to help fund BCH infrastructure development. On January 22, Btc.top founder Jiang Zhuoer revealed that five mining pools are preparing a short-term developers donation plan. Miners from Btc.top, Bitcoin.com, Viabtc, Antpool, and Btc.com...

Bitmain Responds to Layoff Rumors From Ousted Co-Founder Zahn


Ousted Bitmain co-founder Micree Zahn took to Weibo on Monday to speak out against a reported Bitmain “personnel optimization plan” which could purportedly see around 500 Bitmain workers dismissed by January 17. Chinese media broke the story last week citing inside sources at...

Ousted Bitmain CEO Makes Legal Move to Dethrone Jihan Wu


In December, Micree Zhan Ketuan, the ousted co-founder of the world's largest producer of Bitcoin mining equipment, Bitmain, reportedly asked a Cayman Islands court to reverse a shareholder decision that cost him voting control of the crypto-miner. Shareholders voted then to convert Bitmain’s Class...

Bitcoin Mining Operations Offer New Strategies Before Reward Reduction


As the reward halving approaches, bitcoin miners are preparing new strategies so customers can reap the most profits from their hashrate services. On December 3, the mining operation Poolin introduced a hashrate auto-switch feature so clients can automatically switch between BTC and BCH mining....

Mining Giant Bitmain Confidentially Files for U.S.-Based IPO


According to reports, bitcoin mining manufacturer Bitmain Technologies confidentially filed for a U.S.-based initial public offering (IPO) with the Securities and Exchange Commission. The news follows the alleged removal of cofounder and executive director Micree Zhan and the recent announcement...

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