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The coronavirus has caused several businesses to shut down as of late, but the price of bitcoin is also contributing heavily to economic downplay. Several mining firms and blockchain-based enterprises...
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Bitcoin mining giant and competitor to Bitmain Canaan Inc. (aka Canaan Creative) is being sued by investors who claim that the company has violated several industry laws. Canaan Is Taking...
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Yang Zuoxing – founder of the Chinese bitcoin mining manufacturer Micro BT – has been arrested for embezzling as much as 100,000 yuan. This comes out to just over $14,000...
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Canaan Creative – the second-largest developer and distributor of bitcoin mining equipment – has filed for a public listing on the Nasdaq. The company is hosting a $400 million initial...
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With bearish activity spreading throughout the crypto space as of late, many people are looking for some sort of miracle to sort things out. Many have long believed that the...
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Bitcoin mining equipment manufacturer Bitmain has launched two new ASIC machines for miners to enjoy. With roughly 18 million of 21 million BTC units already extracted, the world of bitcoin...
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Two of the Bitmain-operated pools have seen their hashpower drop to a 16-month low. The event follows a tumultuous period in the company’s situation and a continuous decline in the...
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Bitmain – the world’s leading maker of cryptocurrency mining rigs, is set to appoint a new Chief Operating Officer. The co-founders of the company Jihan Wu and Micree Zhan Ketuan,...
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Bitmain, the Chinese mining giant that stands as one of the largest manufacturers and distributors of bitcoin and crypto mining machines in the world, is set to lay off about...