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Tag Archives: Bitmain

Mining Giant Bitmain Launches KYC Tool ‘Coconut’

Dec 7, 2018


Bitmain, the world’s largest Bitcoin mining manufacture has launched its advanced know-your-customer protocol (KYC), named Coconut. Different to numerous identity authentication schemes in the industry that attempt to carry out authentication in an absolute decentralized manner which is not ...

Bitmain Faces a $5 Million Lawsuit for Unauthorized Crypto mining

Nov 28, 2018


Of late, Bitmain, the dominated mining hardware manufacturer, has been involved into a $5 million lawsuit. According to Gor Gevokyan, a resident from Los Angeles, the bitcoin mining giant used customers resources to mine cryptocurrency. According to NEWSBTC, the Northern Califor...

Cryptocurrency Miner Canaan Lets Hong Kong IPO Application Lapse

Nov 15, 2018


Canaan, one of the world’s largest manufacturers of cryptocurrency mining hardware, has reportedly let its application for a Hong Kong IPO of at least $400 million lapse, casting doubt on the prospects for other Chinese miner makers seeking for Hong Kong IPO, according to Reuters. C...

SlushPool Urges Miners Against Bitmain’s Antminer Firmware Update

Oct 23, 2018

Olusegun Ogundeji

Crypto mining giant Bitmain says it has released a firmware for the Antminer S9 and wants miners to upgrade it to enable the overt AsicBoost functionality. It also plans to release the firmware for other models like the Antminer R4, S9i, S9j, T9 and T9+. However, while it claims the st...