Bitmain

Bitcoin Mining Operations Offer New Strategies Before Reward Reduction

</header> <strong>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 <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BTC” target=”_blank” rel=”noopener noreferrer”>BTC</a> and <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BCH” target=”_blank” rel=”noopener noreferrer”>BCH</a> mining. …

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Mining Chip Maker Ebang Next in Line to File for US IPO

</header> <strong>Ebang, the ASIC chip and mining rig manufacturer based in Hangzhou, China is allegedly filing for an initial public offering (IPO) in the U.S. following Canaan’s recent Nasdaq listing and Bitmain’s secret IPO filing. The world’s third-largest bitcoin mining hardware manufacturer plans to follow Canaan’s footsteps with an attempt to be listed on the …

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Micree Zhan Claims He Was Removed From Bitmain Without Consent

Micree Ketuan Zhan, the co-founder of major Chinese Bitcoin (BTC) mining hardware producer Bitmain, claimed that he was removed as a legal representative of the company without his consent. On Nov. 7, Samson Mow, the CEO of Blockstream, posted a statement from Zhan on Twitter, in which the Bitmain co-founder claimed he would take legal …

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Bitmain’s New IPO Attempt in Jeopardy as In-Fighting Goes Public

In 2017, Bitmain ruled the roost and all eyes were on China, but 2018 was a barren year for cryptocurrency. Prices plummeted. Companies crumpled. The long-awaited initial public offerings of two crypto mining titans, Bitmain and Canaan Creative, failed at the final hurdle as the crypto winter humbled even the most ambitious crypto companies.  But …

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ACIF – Asia Crypto Investment Forum Joins Thailand Blockchain Week

<header class=”article__header”> </header> <small><i>This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release.</i></small> ACIF, Asia Crypto Investment Forum hosted by Hashcube, will hold its first meetup on 28th …

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

<header class=”article__header”> </header> <strong>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 of a facility in Texas with the capacity to house 300MW of …

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Bitmain Aims to Build a 300MW Texas Mining Farm

<header class=”article__header”> </header> <strong>The Beijing-based Bitmain Technologies and DMG Blockchain Solutions announced the launch of a 25MW mining facility in Rockdale, Texas. The new mine aims to bolster Bitmain’s international expansion which will soon expand to 50MW of processing power and then extend the operation’s capacity to more than 300MW.</strong> Also read: The Silk Road …

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Why Bitmain Is Building the World’s Largest Bitcoin Mine in Rural Texas

The Takeaway Bitmain, the world’s largest maker of bitcoin-mining computers, chose an old Alcoa aluminum-smelting plant in Rockdale, Texas, for a new bitcoin mine. The Beijing company says the plant has an initial power size of 25 megawatts but will be expanded to 50 megawatts and potentially 300 megawatts. Texas has an abundance of power …

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Bitmain’s Jihan Wu Talks Mining and Industry Growth With Bitcoin.com’s CEO

<header class=”article__header”> </header> <strong>At the World Digital Mining Summit in Frankfurt, Germany, Bitcoin.com’s CEO Stefan Rust sat down with Jihan Wu, cofounder of Bitmain Technologies and Matrixport. The two discussed how cryptocurrencies being used for payments is spreading and how Bitmain is doing after the bear market last year.</strong> Also read: SEC Wants Second Look …

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