The huge price increase most cryptocurrencies have experienced since the beginning of the year has made cryptocurrency mining one of the most profitable industries today. As the prices of Bitcoin and Ethereum reached their all time highs, miners began turning insane profits that haven’t been se...
Jihan Wu, the co-founder of Bitmain, the world’s largest Bitcoin mining hardware manufacturer, recently spoke at an online event where he shared his thoughts on the cryptocurrency mining industry. The conference was hosted by BitDeer.com, a global leader in digital asset mining and cloud ser...
Jihan Wu, the co-founder of China’s largest bitcoin mining hardware manufacturer Bitmain, has addressed the company’s Bitcoin Cash (BCH) position in a series of posts on social media network Weibo. Wu reflected on the current position Bitcoin (BTC), the world’s largest cryptocurren...
The massive price rally the entire crypto market has seen since the beginning of the year has affected much more than just profits. According to reports from the Global Times, manufacturers of Bitcoin mining hardware have benefited hugely from increased prices. As Bitcoin’s price passed its ...
1. Government council of Beijing and Shanghai proposed to promote digital currency pilot projects Wang Zhen, a member of Beijing CPPCC and general manager of China Xiong’an Digital City Technology Co Ltd, said at the meeting that digital economy currently has two important poin...
Micree Zhan and Wu Jihan, two co-founders of Bitmain have formally reached an agreement. Zhan temporarily to mortgage his shares and lend $600 million from Bitmain to acquire some shares of Wu Jihan. Bitmain’s subsidiaries like BTC.com, BitDeer and overseas mining farms was contro...
This week’s surge in the price of Bitcoin has seen a crop of new crypto-based millionaires emerge and most of them are early miners, data from on-chain market analytics firm, Glassnode, have shown. Bitcoin hit a new record high above $23,000 on Thursday December 17 after soaring by 12% to ...
Bitmain has picked the largest digital asset mining operation in North America as its cooperative repair center in the region to service and repair Bitmain's machines using original parts which will seek to reduce the downtime typically involved with sending machines to China for repair. ...
The power struggle in Bitmain is showing no sign of stopping. While many have anticipated that the saga will soon reach a very nasty end, few thought the internal struggle would affect the company’s growing global business operations. However, the latest information coming from the world's ...
The number of blockchain unicorns this year seems to fail to swell higher from last year as most industry watchers expect, according to the Hurun Global Unicorn Index 2020. Research firm Hurun published its second-year list of global unicorns for 2020 on Tuesday August 4, ranking the wor...
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