Most Bitcoin enthusiasts will be familiar with the company known as Bitmain. Behind the scenes of that mining hardware manufacturer, things are heading in a very interesting direction all of a sudden. It seems as if Bitmain is falling apart at the seams. The Bitmain Power Struggle is far From […]
Search Results for "bitmain"
Bitmain Allegedly Lines up new CEO to Replace Jihan Wu
There are always some developments taking place behind the scenes of the cryptocurrency world. Although the following rumor has not been officially confirmed by the company in question, it would appear there is some genuine mainstream media attention for this development. It would appear Jihan Wu is stepping down as […]
Bitcoin Cash Price Loses 20% as Bitmain Lays off Entire Team
What goes up must come down. The week started off on a good note, markets seemed to be recovering and most cryptocurrencies saw double digit gains. Unfortunately, it seems the Monday bull run is coming to an end as the market is correcting on Christmas eve, effectively erasing the gains […]
Jihan Wu Loses Control of Bitmain as IPO Documents Indicate Profit Figures Were Hyped
Bitmain has dominated ASIC manufacturing since it was founded in 2013. One man has been at the forefront of this domination, leading the company into the giant that it is today; Jihan Wu. However, it may not be so for much longer, with a Chinese publication revealing that a recent […]
Siacoin Rejects Bitmain and Innosilicon ASICs Through Future Hard Fork
Siacoin has been a rather interesting cryptocurrency to keep an eye on throughout 2018. Not because of its price movement, as that has been in line with all other bearish markets. Instead, there has been an ongoing debate as to whether or not the project needs to fork its code […]
World’s Largest Crypto Mining Firm Bitmain Releases Financial Results, Plans To List In Hong Kong
The price of Bitcoin may have come tumbling down this year, but the world’s largest crypto mining hardware manufacturer has continued to rake in the big bucks. Bitmain released its financial results revealing that it had generated $2.8 billion in revenue in the six months ending June this year. The […]
Bitcoin Cash Price Registers a 20% Gain – Bitmain IPO and Gemini Hype
After experiencing a 20% gain in the past 24 hours, Bitcoin Cash price is trying to break through the $540 resistance level. Currently trading at $531, BCH is holding the current levels with relative ease. Gemini announcement As noted in our previous BCH price analysis article, one factor that could […]
Bitmain Made $1B in Q1 Profit, Valued at $14B
The crypto mining business has become a multi-billion dollar industry, and one company has had the lion’s share. Bitmain Technologies has dominated the mining hardware manufacturing industry, and according to a new report, the firm is now valued at over $14 billion. The report further revealed that the Beijing-based firm […]
Bitmain Announces a Beefier Z9 Equihash ASIC Miner
Bitmain has introduced a lot of new ASIC miners over the past twelve to eighteen months. Most of those devices have been met with a fair amount of scrutiny, mainly because they facilitate mining centralization. The Antminer Z9 is the bigger sibling to the Z9 Mini. For currencies using the […]
Is Bitmain’s New Hardware Going to Destroy GPU Mining?
The Bitmain Antminer Z9 Mini could be a game changer in the world of cryptocurrency mining, as the specs on this piece of mining hardware far outclass even the best GPU miners on the market. The name alone gives us a clue about what’s coming. Since this is the “mini” […]
The World’s Flagship Blockchain Event is Around the Corner, Blockchain Economy Dubai (Oct 4-5)
Excitement for the World’s Most Global Blockchain & Crypto Conference is at its peak as Blockchain Economy Dubai Summit date is approaching. Blockchain Economy Events are attended by famous TV&Film Stars, Pop-Stars, Ministries, and industry leaders such as Blockchain.com, MicroStrategy, KuCoin, Crypto.com, BITMAIN, Ledger, Kraken, Gate.io, BitMex, OKX, and many […]
Ethereum Price Analysis and Prediction: ETH Slumbered Under The Bears’ Pressure
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex On Friday, September 27th, ETH remains under pressure, trading at $165.51. On D1, the Ethereum price is developing a new impulse of decline upon completing a pullback. The downtrend is nearing 76.0% ($148.50) Fibo, and its breakaway will be the gateway to the […]
New Report Claims Bitcoin Mining CO2 Emission is on par With a Major US City
It has been at least a few months since the last condemning report involving Bitcoin mining was published. A new report published in Joule claims the emission of Bitcoin miners is getting out of hand rather quickly. So much even that it allegedly puts out as much CO2 per year […]
Top 7 Waves of Cryptocurrency Layoffs Throughout Early 2019
After the brutal year 2018 turned out to be for cryptocurrencies, it was to be expected a lot of companies would struggle. As a result, a lot of firms have laid off staff, either in small amounts or by aggressively cutting their workforce. The tally for 2019 ‘s first five […]
How to Invest in Blockchain Stocks?
Whereas a lot of people are merely interested in speculating on cryptocurrencies, the option to invest in blockchain stocks cannot be overlooked either. It is relatively easy to do so, since it does not involve cryptocurrency exchanges whatsoever. Similar to other investments, blockchain stocks also come with their own advantages, […]
Bitcoin Could Fall Below $3,000, Civic CEO States As Currency Drops Another $160
On January 9, Bitcoin dropped $250 in thirty minutes, taking everyone by surprise. The currency traded around $3,800 for a day, but even this couldn’t hold. Earlier today, Bitcoin lost another $160 to trade just above $3,650. A brief fightback saw the currency get back over $3,700, but the rally […]
Crypto Lending Continues to Thrive Even as Prices Fall
Cryptocurrency prices have been battered this year, and that’s been the sole topic of interest, both for the enthusiasts and the skeptics. However, as the prices dropped, one business has boomed: crypto lending. While all the other startups in the crypto space were counting on prices hitting their former highs, […]
Bitcoin Price Watch: Crypto Businesses Suffer as Price Continues to Drop
At press time, the father of crypto is trading for just over $3,700. This is a slight ($200) drop from where it stood during our previous price article, though the currency does appear to be settling down a bit. In addition, most cryptocurrencies reported minor losses throughout the Christmas holiday, […]