Bitmain Strikes Repair Service Deal for North American Miners to Reduce Downtime

Sep 19, 2020

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. ...

Internal Struggle In Bitmain Postpones July Miner Shipment for October

Aug 7, 2020

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 ...

Hurun Report: 11 Blockchain Unicorns, Bitmain the Biggest Loser

Aug 4, 2020

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...

China Crypto Roundup (July 14 – 27): Cryptocurrency Property Rights Strengthened, PBoC Issues Standards for Blockchain Apps, Alibaba Launches AntChain

Jul 27, 2020

The top stories from the Chinese cryptocurrency sphere this past week includes: China’s Supreme Court recommends strengthening cryptocurrency property rights; China’s central bank issues new standards for blockchain fintech applications; Alibaba launched Antchain blockchain solution… C...

Bitmain Struggle Heats up as the Two Battling for Control of Mining Farms and Antminers Inside

Jul 23, 2020

The drawn-out power struggle inside bitcoin mining giant Bitmain is getting nastier, as an announcement made earlier today by the Antminer sales team indicated. According to the announcement published on the WeChat account of Antminer pre-sale, about 10,000 Antminers in one of Bitmain’s...

Bitmain’s Investment in Opera Leads to Interest in Finance

Jul 13, 2020

Another of Bitmain's interest in the financial sector may be about to pan out as one of the top web browsers in the world, Opera, has just been reported as set to acquire Fjord Bank in Lithuania. The acquisition move is part of a plan by the browsing provider, which is also an influential pla...

Rumors of a Power Grab in Canaan Intensify as Three Directors Removed From Official Company Registry

Jul 10, 2020

Canaan, one of the top three Bitcoin mining hardware manufacturers in China, is going through a rather turbulent period. The company has been shaken to the core by an internal power struggle going on between its founders and directors and the rumors currently surrounding the ongoing event aren’...

China Crypto Roundup (June 22-28): Ebang Hits Nasdaq, Bitmain Tension Eases off, and More

Jun 29, 2020

In this past week, Chinese firm Ebang become the second bitcoin miner manufacturer to go public in the U.S., internal struggle at Bitmain came to a temporary compromise, China’s national blockchain service network (BSN) integrates Chainlink’s Oracle functionality, and more headlined ne...

Chinese Bitcoin Miner Maker Ebang Hits Nasdaq with Expansion Blueprint

Jun 28, 2020

On June 26, Ebang International Holdings —  bitcoin mining equipment manufacturing company was listed in the Nasdaq market with ticker NASDAQ: "EBON".                     The first day of trading of NYSE : EBON, share closed nearly 14% down from ...

Leaked Negotiation Details Show the Two Founders of Bitmain May Come to A Compromise

Jun 24, 2020

On June 24, a statement issued by Antminer shows crypto miner maker Bitmain’s two founders Wu Jihan and Micree Zhan have reached an agreement after their long battle for controlling the company. The voice is solely from Wu Jihan, and there is no response from the Micree Zhan at pres...