Bitmain
Bitmain’s Miner Manufacturing Subsidiary Had $680K in Assets Frozen in a Contract Dispute
In the latest contract dispute to hit the firm, $680,000 belonging to a fully owned subsidiary of bitcoin mining giant Bitmain has been frozen by a Chinese court.
Founder of Bitmain Rival MicroBT Arrested for Alleged Embezzlement
The arrest, noted by the Shenzhen Nanshan District Prosecutor on Dec. 12 and reported by business publication Caixin on Sunday, comes amid ongoing battles between mining giant Bitmain and MicroBT, which has been a rising competitor this year challenging Bitmain's market dominance.
Highest in 2 Years: 65% of Bitcoin Hash Power Is in China, Report Finds
For all of bitcoin’s promise of being the world’s first decentralized, peer-to-peer cryptocurrency, 65 percent of the total hash power resides in China, according to a recent report by CoinShares Research.
Ride 'Em, Cowboy: Bitmain's Marketing Gambit Ups Its Texas-Sized Position on Bitcoin
Bitmain's new strategy of giving put options on bitcoin to buyers of its miners amounts to a "Texas hedge" – doubling down on risk, not offsetting it.
Bitmain Shifts Miner Sales Tactics, Betting Big on Bitcoin Halving Pump
Bitmain has retooled its strategy for selling bitcoin miners, betting big that the cryptocurrency’s price will rally with next year's halving.
1 Gigawatt Bitcoin Mine Under Construction in Texas Would Dwarf Bitmain's
The $150 million bitcoin mine could become the world's largest – surpassing Bitmain's, whose own mega mining operation is in the same Texas town.
Micree Zhan Says He'll Take Legal Action to Return to Bitmain
Bitmain's co-founder Micree Zhan, who was abruptly ousted from the firm last week, said he's going to take legal action to secure his return to the firm.
Leaked Transcript Details Power Struggle Inside Bitcoin Mining Giant Bitmain
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.
Bitmain Seeking US IPO With Confidential SEC Filing: Report
The bitcoin mining giant is said to have confidentially filed for an IPO in the U.S.
Bitmain Turmoil: Co-Founder and Executive Director Micree Zhan Ousted
Bitcoin mining giant Bitmain is experiencing turmoil inside its management co-founder and executive director Micree Ketuan Zhan is ousted.
