Read More

Top Secrets of Bitmain that You May Not Know: Its Finance Department Exchanges Cryptocurrencies for Fiat Money Regularly (II)

Oct 16, 2018

As the Chinese cryptocurrency mining giant Bitmain has finally filed an application to go public on the Hong Kong Stock Exchange (HKEX), some ‘top secrets’ also emerge from the public financial statements. There are 10 inconspicuous secrets hiding behind the statement. We have dis...

Read More

Top Secrets of Bitmain that You May Not Know: Sales Earn Twice as much as the R&D Personnel (I)

Oct 15, 2018

Bitmain Technologies, the Chinese cryptocurrency mining giant has finally released its public financial statements on September 26. In the financial statement, the world’s dominant bitcoin mining hardware maker shows its ambition to AI business and is trying to change its simplex profit m...

Read More

Canaan Unveils AvalonMiner A911 , and Its 5nm Chip Is In Developmet

Oct 15, 2018

Canaan Creative, the world’s second largest manufacturer of bitcoin mining hardware, announced a new mining rig model known as AvalonMiner A911 Saturday at 2018 Mining Summit which was held in China’s southwestern city of Chengdu. The Bitcoin ASIC miner will be soon available for u...

Read More

Bitmain’s Latest Challenger MicroBT Plans to File IPO In 2019

Oct 10, 2018

MicroBT, a Shenzhen-based mining chip manufacturer and a new and well-capitalized competitor to mining juggernaut Bitmain, plans to file for an initial public offering in 2019, its founder Yang Zuoxing told Bloomberg in a recent interview. It signals that MicroBT becomes the lates...

Read More

Bitmain’s Grand AI Dream: to be the Next NVIDIA

Sep 29, 2018

Of late, Bitmain the world’s dominated crypto mining giant, has finally handed in its public financial statements to the Hong Kong Stock Exchange. This could be one of the largest IPOs of all time in the crypto world. Some business insiders indicated that, the high-profile IPO is o...

Read More

Kaifu Lee of Sinovation Ventures Admited Investment in Bitmain

Sep 27, 2018

Sinovation Ventures, a China-based prominent investment powerhouse helmed by former Google China head Kaifu Lee, has announced its early involvement in crypto mining giant Bitmain’s Series A round funding. According to Bitmain’s freshly released IPO prospectus, Sinovation Fund,...

Read More

The Risky Factors Emerge from Bitmain’s IPO Statement: the ICs, Tax and Regulatory issue

Sep 27, 2018

September 26, Bitmain Technologies, the Chinese cryptocurrency mining giant finally released its public financial statements for the first time, thoroughly exposed its ambition of going public on the Hong Kong Stock Exchange (HKSE). The China International Capital Corporation Limit...

Read More

At Last! Bitmain Officially Filed IPO Application

Sep 27, 2018

Bitmain, world’s dominant cryptocurrency mining giant based in China, has finally filed its long-awaited IPO application to Hong Kong Stock Exchange (HKEX). The release of its 438-page initial public offering (IPO) prospectus on Wednesday September 26, though still in draft an...

Read More

Bitmain’s “Next -Gen” 7nm ASIC Chip vs. Ebang’s E-11 Miners: Who will Win the Crypto Mining War?

Sep 25, 2018

September 21, Bitmain, the world’s dominant cryptocurrency mining chip producer has launched its new 7nm application-specific integrated circuit (ASIC) mining chip for the SHA256 algorithm that used by a series of cryptocurrencies including Bitcoin. Obviously, the firm is consolidating i...

Read More

Bitmain may be Sued by its Investors for Financial Misrepresentation and Omission

Sep 19, 2018

Bitmain is still preparing for its initial public offering. As the world’s largest cryptocurrency mining semiconductor, Bitmain’s IPO causes much concerns from the crypto mining community. However, controversy has been swirling around the company over the past few weeks. There used to b...