Bitmain, the demonstrated Beijing-based Bitcoin mining manufacturer at the center of the media storm recently relating to its mass layoffs, shrinking operation, and difficulties related to its IPO process. Of late, some sources disclosed that the company has just completed a new round of layo...
The Chinese bitcoin mining giant Bitman has announced its new 7nm ASIC chip that claims to deliver breakthrough energy efficiency, according to an official blog post published on February 18. The improved 7nm chip dubbed the BM 1397 is said to make improvements in performance, chi...
From a failed IPO attempt to massive layoffs and shutting down many mining operations, China-based cryptocurrency mining giant Bitmain experienced difficult times during the second half of 2018 which witnessed the crypto market downturn. The Beijing-headquartered company now seems to bet on ...
Antminer, the world's leading Bitcoin mining rig brand, has released a guide to defend against the cryptojacking haunting its user base in China for months long, after ten days 8btc shed light on the new ransomware. Named hAnt, the new ransomware strain was first observed in August of last ...
Bitmain, the demonstrated Beijing-based Bitcoin mining manufacturer has been at the center of the media storm recently relating to its IPO process, BCH hash war, leadership change, mass layoffs, shrinking operation and more. Everybody says Bitmain had a tough time in 2018 due to the cryp...
In the past two months, Bitmain is shrinking at a rapid pace. The Beijing-based Bitcoin mining giant has undergone a series of mass layoffs, shut down its entire office in Tel Aviv and halted its mining operations in Texas. This time, they decided to close another overseas office in Amster...
“Despite I was fired, I would still say, it is a good company,” said a former employee of Bitmain. Of late, there are rumors circulating Bitmain, saying that the mining giant is laying off more than half of their workforce. Most people believe that the company has apparently been hit hard...
Beijing-based bitcoin mining giant Bitmain was reportedly monitoring its employees at work via a self-developed app before its much-publicized layoff. Several verified Bitmain employees revealed that ahead of the abrupt job cuts, the company had deployed an app called Appia among its employe...
December 28, the two CEOs of Bitmain, Jihan Wu and Micree Zhan were reportedly quitting their job in the company. The successor would be a layman surnamed Wang who has joined Bitmain for a while. “This matter has not been settled yet, and it is currently in a transitional period,” sa...
A majority of investors believe that most crypto firms are overstaffing over the past year and that downsize could be a boost for these firms to be more effective in services they’re engaged, a survey by polling firm Insight Chain found. The survey conducted Nov 26 asked 473 investors about...
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