Bitmain Officially Names Its New CEO and Proclaims to Restart Its IPO at Appropriate Time

Mar 26, 2019

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...

US Lawsuit Against Jihan, Ver, Others Not Going Away

Mar 21, 2019

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...

Bitmain Reportedly Monitor Its Employees at Work before the Massive Layoff

Jan 7, 2019

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...

Jihan Wu and Micree Zhan Alleged Stepping Down as CEOs of Bitmain

Dec 29, 2018

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...

Jianhan Wu vs Craig Wright: Can Metanet Realize Satoshi’s Original Design or Just Humiliating Sidechain

Dec 5, 2018

After the Bitcoin Cash (BCH) hard fork war has settled down, Bitmain’s Jianhuan Wu and nChain’s Craig Steven Wright (CSW) immediately started a new round of Twitter war of words. December 2, CSW announced that he was currently working on a blockchain project named Metanet....

Bitmain Jihan Wu: Bear Market May Continue, but won’t Last More Than 2 Years

Nov 20, 2018

November 19, Jihan Wu, co-founder of Bitmain, the strong backer of Bitcoin ABC, has emphasized his confidence in the future of Bitcoin Cash (BCH) and PoW (proof-of-work) mining at the Nikkei/CNBC “Future of Money” event in Tokyo. As the ongoing battle between Bitcoin A...

Bitmain’s Jihan Wu Ranks 7th in the Hurun Young Entrepreneurs Rich List 2018

Oct 25, 2018

October 24, Hurun Report launched the Hurun Young Entrepreneurs Rich List 2018. Big names in the crypto field have all upon on the list. Among them, Jihan Wu, co-founder and CEO of the world’s largest mining chip producer Bitmain stand out from the crowd, ranks 7th with 16.5 millio...

Bitcoin Cash’s Rumoured Split: NChain Publishes Alpha Release, Announces New Pool

Aug 30, 2018

As the rumoured split on the Bitcoin Cash network continues to be peddled, NChain has published the alpha release of its Bitcoin SV codebase on Wednesday, Aug. 29 as a preview which it says is in request to miners and pool operators. Notable among its changes so far include its default ma...

Bitmain’s Jihan Wu: ICO is An “Unsustainable Financial Bubble”

Aug 22, 2018

Of late, Jihan Wu, CEO of Bitmain, the world’s dominant cryptocurrency mining chip producer, has demonstrated his point of view on cryptocurrencies and initial coin offerings (ICO) in an interview with Coingeek. Wu indicated that, different to traditional initial public offerings, ma...

Bitmain Looking to Launch IPO at Mining Summit?

Aug 14, 2018

Following its announcement few days ago of plans to offer its initial public offering (IPO), Bitmain has also disclosed it will be hosting the World Digital Mining Summit next month in Tbilisi, Georgia. The proposed event seems like a ramp-up of awareness effort geared towards the compan...