Chinese Bitcoin Miner Makers all Turn to U.S. for IPO, Ebang the Latest after Bitmain and Canaan

Jun 25, 2019

Ebang, the world’s third-largest bitcoin mining machine maker, is considering an initial public offering (IPO) in the U.S. after its Hong Kong plan flopped, according to IFR Asia of Thomson Reuters. Founded in 2010, Ebang Communication started with manufacturing hardware product...

Cryptocurrency Mining Giant Bitmain is Planning a U.S. IPO after Failed Attempt in Hong Kong

Jun 21, 2019

Chinese cryptocurrency mining giant Bitmain may be revisiting its plan of launching an initial public offering (IPO), Bloomberg reported. The Beijing-based company, world’s largest manufacturer and mega-seller of crypto mining equipment, is reportedly consulting with advisors over a pote...

Bitcoin Mining Hashrate Is Becoming More Decentralized As Small Pools Gains in Distribution

May 15, 2019

Bitcoin mining hashrate has been more distributed among mining pools, according to a report from cryptocurrency research firm Diar released on March 13. As per the report, smaller mining pools have made significant gains in the past few months as a result of unknown miners either drop off or ...

Bitmain’s Antminer T17 Available for Purchase, Claimed to Improve Profitability

Apr 29, 2019

On April 28, Bitmain, the world’s leading bitcoin mining hardware manufacturer, launched its latest mining model, the Antminer T17, which promises high-cost performance among its Antminer 17 series. https://twitter.com/Antminer_main/status/1122319523489755136 According to the company’...

Bitmain and Canaan Said China’s Proposed Mining Ban won’t Impact their Operation

Apr 10, 2019

April 8, China’s state economic planning agency, the National Development and Reform Commission (NDRC) released a draft version of the 2019 Directory Catalogue on Readjustment of Industrial, in which crypto mining has been included in a list of sectors it plans to eliminate. Accor...

Bitmain Reveals Specification of Its ‘Profitable’ Antminer 17 Series

Apr 8, 2019

Bitmain, the world’s largest Bitcoin miner manufacturer has revealed specifications of its Antminer 17 series machines which will be globally released on 9 April 2019. The new mining equipment in the 17 series would include Antminer S17, Antminer S17 Pro, and Antminer T17. According...

ASICs as an Open Platform, Bring Power Back to the People

Apr 8, 2019

NB: This story comes from my involvement in several Telegram chats with people working to pry open hardware platforms that have been intentionally closed by their makers. It should absolutely be understood as advocating for a certain point of view with regard to how software should work on AS...

Bitmain Adjusts its Business Strategy After a Failed IPO

Mar 29, 2019

Chinese crypto mining giant Bitmain has confirmed its application for an initial offering (IPO) on the Hong Kong Stock Exchange (HKEx) officially expired and revealed the appointment of their new CEO in an internal letter on March 26. In late 2018, Bitmain laid off a couple of d...

Demystify Bitmain’s New CEO Haichao Wang

Mar 28, 2019

March 26, the world’s leading cryptocurrency mining equipment manufacturer Bitmain has officially announced the end of its “co-CEO” era, confirmed the appointment of Haichao Wang as the new CEO. “Mr. Haichao Wang has been appointed as CEO of the company. Haichao not only has e...

Bitmain Officially Names Its New CEO and Proclaims to Restart Its IPO at Appropriate Time

Mar 26, 2019

Bitmain, the world’s leading cryptocurrency mining equipment manufacturer, has announced on Mar.26 that Wang Haichao will serve as the company’s new CEO, whilst admitting an imminent expiration of its IPO application. The Beijing-based mega-seller of crypto miners officially annou...