Latest news about: bitmain

Jihan Wu had lost their voting rights in the Board of Directors Bitmain

Jihan Wu had lost their voting rights in the Board of Directors Bitmain

The world’s largest manufacturer of equipment for mining Bitmain has reorganized, which resulted in the Jihan Wu lost his seat in the Board of Directors. Now co-founder and shareholder of the company is no longer its Director and co-Chairman of the Board of Directors — local media claims that Wu remains as a member of… More

Bitmain has lost $ 5.5 million because of an unknown hacker. Company sues

Bitmain has lost $ 5.5 million because of an unknown hacker. Company sues

In addition to the difficult financial situation, Bitmain also has serious problems with hackers. Recently in the district court for the Western district of Washington there was a lawsuit in the case of an anonymous hacker who stole $ 5.5 million from the wallets mining giant. A situation occurred in April, but the official document… More

Bitmain has announced a new 7-nm ASIC and

Bitmain has announced a new 7-nm ASIC and

Just a few days after Bitfury has announced a new 14-nanometer chip called Bitfury Clarke, another giant mining industry – Bitmain has announced their development of a new 7-nm chip for ASIC-s. The announcement was made the General Director of the company is Jihan Wu, the world summit Digital Mining in Tbilisi. According to Wu,… More

Large investors deny participation in the financing of Bitmain

Large investors deny participation in the financing of Bitmain

Tencent Holdings and SoftBank Group challenged their participation in the investment round prior to IPO Chinese Bitmain. News about the participation of these companies in the next round of financing first appeared in Chinese media in early August. Soon after, several publications, including CoinDesk, TechCrunch, and others picked up the news. Nevertheless, Tencent and Softbank… More

Bitmain opens office in Texas

Bitmain opens office in Texas

Bitmain formally announced the opening of a store in Rockdale, Texas, and early next year it is planned to engage in mining in the region. The firm confirmed Monday that it is investing $ 500 million over the next seven years to a new datacenter in the USA in the framework of its “strategic plan… More

Bitmain opens new office in Silicon Valley

Bitmain opens new office in Silicon Valley

Bitmain being the most expensive company in the cryptocurrency industry, ahead of a planned IPO opened a new office in Silicon valley. A magazine on business issues, “Silicon Valley” reported that the largest manufacturer of equipment for mining Bitmain, just moved from China to 20,000 square feet of office space in downtown San Jose, California,occupying… More

How much Bitmain?

How much Bitmain?

Chinese mining giant Bitmain has closed a series B funding, during which time the company was valued around $ 12 billion. As reported by the Chinese business magazine Caixin, citing anonymous sources familiar with the transaction, the exact amount that the company received during this round of funding is unknown, according to rough estimates it… More

Bitmain becomes the Noda EOS

Bitmain becomes the Noda EOS

Bitmain, the company, threatening the world with complete dominance in the Bitcoin blockchain, now is one of 21 manufacturers of the blocks for the EOS, the Chinese competitor to Ethereum. The growing monopoly Bitmain and centralized EOS is unlikely to soothe the fears of users. EOS is a blockchain platform that supports smart contracts, like… More