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,...
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...
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...
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...
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...
September 11, 2018 – 8BTC, China’s oldest bitcoin social media site, launched its first mining product, MATPool, in Hangzhou. The mining pool currently provides services for Bytom (BTM) mining and B3 miners. More cryptocurrencies mining and mining hardware will be available lat...
Bitcoin mining difficulty has increased over 3.5 fold this year, climbing from 1.93T at the start of the year to 7.02T. The monthly increment was at the rate of 15 per cent on average. That means, the hashing power contributed by miners who joined the digital gold rush freshly this year acco...
Antpool, the cryptocurrency mining pool controlled by Bitmain, has reportedly activated the controversial mining technique known as AsicBoost to increase its mining efficiency by up to 20%. According to AsicBoost Block Explorer, the block #540032 was mined by Antpool using the Asic...
Shenyu, co-founder of F2Pool, world’s sixth largest crypto mining pool based in China, posted a Weibo unveiling the critical crypto prices below which miners have to be shut down for lack of profitability. The price of bitcoin, the dominant cryptocurrency, has struggled throughout 2018, d...
China, a world leader in bitcoin mining, is home to the three largest crypto miner manufacturers – Bitmain (Antminer), Canaan (Avalon) and Ebang (Ebit), all having seek to go public in Hong Kong this year. Many more competent new players like Innosilicon, Whatsminer (ShenMa), Pand...
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