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Tag Archives: Bitmain

Bitcoin Miner Manufacturers in China See Huge Surge in Demand

Feb 25, 2021

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 ...

Micree Zhan Back to Acquire Part of Bitmain’s Business Line

Dec 22, 2020

Vincent He

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, BitDeer and overseas mining farms was contro...

Hurun Report: 11 Blockchain Unicorns, Bitmain the Biggest Loser

Aug 4, 2020

lylian Teng

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

lylian Teng

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’s Investment in Opera Leads to Interest in Finance

Jul 13, 2020

Olusegun Ogundeji

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...