Browsing the "Bitmain" Tag

Bitmain Closes Israel Development Arm Citing Crypto Bear Market

| Yogita Khatri

Cryptocurrency mining giant Bitmain has reportedly closed down its Israel-based R&D division, citing a crypto market "shake-up."

Mining Giant Bitmain Launches Crypto Index for Investors

| Yogita Khatri

Bitmain has launched a new index tracking the performance of major cryptocurrencies as a benchmark for investors.

Bitmain Faces $5 Million Lawsuit Over Alleged Unauthorized Crypto Mining

| Yogita Khatri

Cryptocurrency mining giant Bitmain is facing a class action lawsuit for over $5 million that alleges unauthorized crypto mining by the firm.

Bitmain Denies Reports CEO Jihan Wu Ousted from Bitcoin Miner’s Board

| Wolfie Zhao

Mining giant Bitmain says CEO Jihan Wu still serves on its board, despite media reports to the contrary.

Bitmain Sues Alleged Bitcoin Thief in US Federal Court

| Nikhilesh De

Bitmain has filed a lawsuit against an anonymous thief in a US federal court, who allegedly stoled 617 bitcoin from the crypto mining giant.

Bitmain to Begin Selling New Bitcoin Miners Later This Week

| Nikhilesh De

Bitmain's recently revealed 7nm ASIC mining chip will be included in new Antminer S15 and T15 models, which go on sale Thursday.

Investors Received False Information About Bitmain Funding Round

| Ada Hui and Wolfie Zhao

The pitch decks said DST Global and GIC invested in Bitmain when they didn't. A disgruntled investor wants to take legal action over the false claims.

Bitmain’s Latest Bitcoin Miner Update Activates Controversial ‘AsicBoost’

| Nikhilesh De

Bitmain has published a firmware update for its Antminer S9, using controversial "AsicBoost" code to give an efficiency hike when mining bitcoin.

Wealth List Reveals China’s 13 Biggest Crypto Billionaires

| Wolfie Zhao

Chinese entrepreneurs behind some of the biggest crypto firms in the world have made the country's billionaires list for the first time.

Bitmain Is Going Public, But What Type of Investment Is It Anyway?

| Noelle Acheson

The difference with Bitmain going public is the investor exposure to cryptocurrencies. And that's where things get complicated...