Bitmain


Finance

Ex-Bitmain Bitcoin Cash Staffers Form Startup to Lend and Trade Crypto

A startup formed by former Bitmain employees will offer crypto custody, OTC trading and lending.

Bitmain co-founder Jihan Wu

Markets

Bitcoin Miners Are Investing Again, Expecting a Cheap Power Boom Soon

Bitcoin miners in China are betting that abundant water this summer will make their business profitable again.

mining farm in Sichuan

Markets

Mining Giant Bitmain Posts $500 Million Loss in IPO Financial Filing

Cryptocurrency mining and manufacturing giant Bitmain lost about $500 million in the third quarter of 2018, CoinDesk has learned.

Jihan Wu

Markets

Bitmain Announces New, More Efficient 7nm Bitcoin Mining Chip

Bitmain Technologies has announced a new 7nm bitcoin mining processor that it says offers a big boost in energy efficiency.

Crypto mining machines. (lmstockwork/Shutterstock)

Markets

Hong Kong Stock Exchange CEO Casts Doubt on Crypto Miner IPO Filings

The CEO of the Hong Kong Stock Exchange has seemingly questioned the IPO viability of crypto mining companies in new comments.

HKEX

Markets

Chinese Mining Giant Bitmain Is Closing Another Overseas Office

China-based crypto mining giant Bitmain has confirmed the closure of its Amsterdam office as part of ongoing business adjustments.

Amsterdam

Markets

Bitmain Poised to Appoint Tech Chief as New CEO, Says Report

Cryptocurrency mining giant Bitmain may be about to appoint its product engineering director as CEO.

Jihan Wu

Markets

Saying Goodbye to the Blockchain Romantics

Decentralization may sound like a sexy concept, but realism may be a better real-deal solution, argues Elly Zhang.

Screen Shot 2018-12-19 at 8.30.33 AM

Markets

Hong Kong Exchange 'Hesitant' to Approve Bitmain IPO, Says Source

The Hong Kong Stock Exchange is reluctant to approve the IPO applications of Chinese bitcoin mining equipment manufacturers, according to a person involved in the talks.

Lion sculpture