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Crypto Mining Giant Bitmain’s IPO Application Has Officially Expired

Bitmain’s application to go public in Hong Kong has officially lapsed, meaning there'll be no IPO anytime soon for the mining giant......»»

Category: forexSource: coindeskMar 25th, 2019

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......»»

Category: forexSource: coindeskDec 16th, 2019

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......»»

Category: forexSource: coindeskOct 30th, 2019

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......»»

Category: forexSource: coindeskOct 30th, 2019

Bitmain Seeking U.S. IPO With Confidential SEC Filing: Report

The bitcoin mining giant is said to have confidentially filed for an IPO in the U.S......»»

Category: forexSource: coindeskOct 30th, 2019

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......»»

Category: forexSource: coindeskOct 29th, 2019

Messaging App LINE’s Crypto Exchange Goes Live for 80 Million Users in Japan

Messaging giant LINE has officially launched a crypto exchange service to its 80 million users based in Japan......»»

Category: forexSource: coindeskSep 18th, 2019

Iran Legalizes Crypto Mining

Iran is officially recognizing bitcoin mining as an industry it will regulate and for which it will set electricity rates......»»

Category: forexSource: coindeskJul 22nd, 2019

Bitmain Discloses 88% Reduction In Own Bitcoin Mining Power

Bitmain's internal bitcoin mining operations are generating 88 percent less computing power than a month ago, suggesting the industry giant has cut capacity......»»

Category: forexSource: coindeskMay 8th, 2019

Bitmain Set to Deploy $80 Million Worth of Bitcoin Miners, Sources Say

Bitmain, the largest manufacturer of crypto mining equipment, is scaling up its capacity to mine bitcoin itself......»»

Category: forexSource: coindeskMar 21st, 2019

Goldman-backed startup introduces crypto version of US dollar

Fintech company Circle is introducing a new cryptocurrency pegged to the U.S. dollar, and it announced a $110 million investment by profitable cryptocurrency mining company Bitmain that brings its value near $3 billion......»»

Category: topSource: moneycentralMay 15th, 2018

Goldman-backed startup introduces crypto version of US dollar

Fintech company Circle is introducing a new cryptocurrency pegged to the U.S. dollar, and it announced a $110 million investment by profitable cryptocurrency mining company Bitmain that brings its value near $3 billion......»»

Category: topSource: moneycentralMay 15th, 2018

A Sit-Down With Billionaire Bitcoin Mining Mogul Jihan Wu of Bitmain

He dishes on AI, China, and cryptocurrency conspiracy theories. Sitting down with Jihan Wu, one gets the sense that the crypto-tycoon might be more at home in a college AV club than in the ranks of the world’s youngest, richest bus.....»»

Category: europeSource: fortuneJun 8th, 2018

CryptoWatch: Bitcoin mining giant Bitmain says it booked $700 million first-half profit as it files for IPO

Bitmain Technologies releases documents in preparation for a potential initial public offering......»»

Category: topSource: marketwatchSep 26th, 2018

Bitmain By the Numbers: An Inside Look at a Bitcoin Mining Empire

For the first time, the crypto community is getting a close look at Bitmain's financials......»»

Category: forexSource: coindeskSep 27th, 2018

Secretive Crypto Firm Opens Books For 1st Time To Reveal Enormous Profits

Crypto prices surged on Wednesday after Beijing-based Bitmain published its long awaited IPO prospectus, publicly disclosing for the first time just how enormously profitable the purveyor of crypto mining rigs and chips has become since it w.....»»

Category: blogSource: zerohedgeSep 27th, 2018

Mining Giant Bitmain Acquires Bitcoin Cash Wallet Startup

Bitmain has acquired Telescope, an open-source, browser-based wallet for bitcoin cash......»»

Category: forexSource: coindeskOct 2nd, 2018

Chip Maker TSMC Forecasts Weaker Crypto Mining Demand in Q4

Taiwanese chip-making giant TSMC has forecast that revenue growth will be impacted by weakness in cryptocurrency mining demand in Q4......»»

Category: forexSource: coindeskOct 19th, 2018

Sia Network Releases Hard Fork Code to Block Crypto Mining Giants

Sia has released the formal code for an imminent hard fork that will block cryptocurrency mining firms like Bitmain from its blockchain network......»»

Category: forexSource: coindeskOct 19th, 2018

China crypto mining chipmakers keen to develop 7nm ASICs

China crypto mining chipmakers Bitmain Technologies and Innosilicon Technology are racing to roll out 7nm mining ASICs seeking to revive the mining sector, but industry sources said the past mining boom could hardly stage a comeback......»»

Category: topSource: digitimesNov 5th, 2018

GMO Reports $5.6 Million Q3 Loss on Crypto Mining Business

Japanese IT giant GMO has reported a loss from crypto mining in Q3, but there was more positive news for its exchange business......»»

Category: forexSource: coindeskNov 13th, 2018