Bitmain’s “Next -Gen” 7nm ASIC Chip vs. Ebang’s E-11 Miners: Who will Win the Crypto Mining War?

Sep 25, 2018

September 21, Bitmain, the world’s dominant cryptocurrency mining chip producer has launched its new 7nm application-specific integrated circuit (ASIC) mining chip for the SHA256 algorithm that used by a series of cryptocurrencies including Bitcoin. Obviously, the firm is consolidating i...

Bitmain to Go Bankruptcy and Stop IPO? Rumors Amid BCH Hard Fork Controversy

Sep 21, 2018

Bitmain, the world’s dominant bitcoin mining hardware maker, is working smoothly on its looming IPO, according to source close to the company, in response to the recent claims that the company is on the verge of bankruptcy and stopping the IPO. The clarification came on the heels of cl...

Bitmain may be Sued by its Investors for Financial Misrepresentation and Omission

Sep 19, 2018

Bitmain is still preparing for its initial public offering. As the world’s largest cryptocurrency mining semiconductor, Bitmain’s IPO causes much concerns from the crypto mining community. However, controversy has been swirling around the company over the past few weeks. There used to b...

Bitmain Ranks First Among Top Blockchain Financing Projects in China’s Primary Market

Sep 7, 2018

September 6, Cnfin.com, the financial branch of Xinhua News, has jointly released the list of the Top 20 Blockchain Financing Projects in the Domestic Primary Market in August 2018 with Rhino Data, a financial data company driven by big data. According to the data provided by Rhin...

Ethereum to Cut Block Reward by 33% After Constantinople Fork

Sep 3, 2018

Ethereum developers seem to push to stop the Ether price drop. At a recent meeting, they agreed to reduce block reward by 33% - from 3ETH to 2ETH - after the Constantinople hard fork next month. The consensus is not expected to be finalized until the fork actually occurs and stakeholders ...

Bitmain’s Mining Pool BTC.com is Launching a PoS Ethereum Mining Operation

Aug 31, 2018

BTC.com, the world’s largest Bitcoin mining pool is now expanding its mining offerings that enables their miners to mine the Ethereum (ETH) and Ethereum Classic (ETC) blockchain. According to an official statement from BTC.com, the new Ethereum miners will be able to assess to ...

Leaked Bitmain Pre-IPO Documents Show A $299 Million Loss in BCH Crash

Aug 31, 2018

Of late, a leaked Bitmain pre-IPO report is circulating over the internet. The report expose many risky issues of Bitmain that causes much concerns from the crypto mining community. According to Finace Magnates, the documents were translated by BitMEX, a Seychelles-based BTC/US...

Micree Zhan, the Man Behind Bitmain, Beats Jihan Wu in Shareholding

Aug 30, 2018

As the world’s largest mining chip producer, Bitmain draw much attention of the crypto mining insiders. Its co-funder and co-CEO Jihan Wu also becomes an international figure who had influence on the world crypto stage. However, there is anther man, owns a much bigger stake in Bitmain tha...

Yang Zuoxing – The Man behind Antminer S9 and Whatsminer (Shenma)

Aug 29, 2018

Cryptocurrency trading is a global activity, but Chinese chipmakers have led the way in developing the most efficient mining machines to mine the cryptos. Crypto mining unicorns Bitmain (founded in 2013), Canaan (founded in 2013) and Ebang (in 2010) have risen rapidly in the digital gold rush ...

Bitmain’s Worry Deepens Ahead of IPO

Aug 24, 2018

Investment research firm, Sanford C. Bernstein & Co., has released a report suggesting that Bitmain, a leading crypto mining hardware manufacturer, is losing its edge - an estimated 85% of the market for crypto mining chips - over its competitors in terms of production. The analysts at...