Earlier, it was rumored that Bitmain’s Micree Zhan embezzled the company’s property for his own sake among Chinese media. On November 1st, Jihan Wu denied the rumor on WeChat as Wu thought the media were hyping it up. Last month, a Chinese media said that Jihan Wu might find e...
Chinese bitcoin mining giant Bitmain has confidentially filed for an initial public offering (IPO) in the United States, according to Tencent News on October 30. Tencent reported that the world’s largest crypto mining equipment manufacturer, underwritten by Deutsche Bank, has secret...
The China-based crypto mining giant Bitmain is currently immersed in a highly charged atmosphere as Jihan Wu sent out an email to all staff announcing that cofounder and executive director Micree Ketuan Zhan has been ousted. The takeover of power - the comeback of "Bitmain's Jobs"? ...
Bitcoin halving may not lead to bull market, but I am positive about the long-term trend of Bitcoin’s price, Jihan Wu, co-founder and CEO of the bitcoin mining hardware maker Bitmain shared his opinion about bitcoin halving on World Digital Mining Summit held in Frankfurt, Germany....
Well-known Chinese crypto giants are prominent on the list of the top richest in China, according to Hurun China Rich List 2019 released on October 10. Bitmain’s founder Micree Zhan and Jihan Wu, Huobi’s Leon Li, and Binance’s founder Chaopeng Zhao all edged themselves into...
China's top chipmaker, Bitmain, has revealed its plan to offer the crypto world the first resource that will connect mining hardware owners with mining farms that have the available power resources to host them. The World Digital Mining Map (WDMM), which will be the first platform of sort...
Bitmain, the world’s leading cryptocurrency mining equipment manufacturer, has announced on Mar.26 that Wang Haichao will serve as the company’s new CEO, whilst admitting an imminent expiration of its IPO application. The Beijing-based mega-seller of crypto miners officially annou...
Efforts to make a lawsuit against Jihan Wu, Roger Ver and others in a US jurisdiction case go away has been thwarted. The defendants - Jihan, Ver, Bitmain Group, Bitcoin.com, Jesse Powell, Kraken, Amaury Sechet, Shammah Chancellor and Jason Cox - filed a motion to dismiss an ac...
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...
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