Bitmain


Markets

Marathon Boosting Bitcoin Mining Game With 1,360 More Rigs Arriving in August

The publicly traded firm has bought hundreds of rigs from mining hardware rivals MicroBT and Bitmain.

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Markets

Bitmain Spin-Off Launches Crypto Exchange to Go After Booming Options Market

Matrixport has set up its own derivatives exchange and now wants to take on Deribit, the market leader for crypto options.

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Finance

Power Struggle Inside Bitmain 'Hard Forks' Bitcoin Miner Production

The ongoing battle between the two co-founders at Bitmain has essentially hard forked the production at the world’s largest bitcoin miner manufacturer.

Bitmain co-founder Jihan Wu


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Markets

Bitmain Co-Founder Offers Share Buyback at $4B Valuation to End Power Struggle

The offer seems an apparent effort to bring about negotiations that could end the divisions that have been tearing the company apart.

Micree Zhan, co-founder of Bitmain. (Credit: CoinDesk archives)

Finance

Bitmain’s Power Struggle Takes Toll on Customers as Co-Founder Halts Shipments

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.

Credit: CoinDesk archives, modified using PhotoMosh

Finance

Bitmain's Feuding Co-Founders Are Fracturing the Firm and Staff Are Caught in the Middle

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, co-founder of Bitmain. (Credit: CoinDesk archives)

Finance

The CoinDesk 50: Bitmain, the Behemoth of Bitcoin Mining

Bitmain remains at the center of the crypto economy. But in China, "mining avengers" are racing to catch up.

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Markets

Internal Struggle at Bitcoin Mining Giant Bitmain Escalates to Physical Confrontation

After Micree Ketuan Zhan, the exiled co-founder of Bitmain, moved to reinstate his position after another partial legal victory over his former employer, tensions reportedly escalated into a physical brawl.

Micree Zhan, co-founder of Bitmain. (Credit: CoinDesk archives)

Markets

Ousted Bitmain Co-Founder Wins Partial Victory in Latest Legal Battle

Micree Zhan persuaded a Beijing municipal agency to stop Bitmain from changing its local legal representative – but not to give him back the title.

Micree Zhan, co-founder of Bitmain. (Credit: CoinDesk archives)