07Nov/19

Micree Zhan Claims He Was Removed From Bitmain Without Consent

Micree Ketuan Zhan, the co-founder of major Chinese Bitcoin (BTC) mining hardware producer Bitmain, claimed that he was removed as a legal representative of the company without his consent. On Nov. 7,Read More…

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21Jun/19

Bitmain Shifting IPO Plans to the US on Growing Bitcoin Optimism

Chinese cryptocurrency mining giant Bitmain is revisiting plans for an initial public offering (IPO,) Bloomberg reported on June 21. The company had filed to list an IPO on the Hong Kong Stock Exchange, but theRead More…

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23Apr/19

Kraken, Bitmain Seek Dismissal in Bitcoin Cash-Fueled UnitedCorp Case

Both Kraken and Bitmain have asked a federal court in Florida to dismiss a lawsuit against them brought by UnitedCorp, the news of which CCN broke back in December. The UnitedCorp lawsuit,Read More…

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20Apr/19

These Next-Generation Mining Rigs Pack a Ton of Hashpower

Last week, mining manufacturer Bitmain launched its latest Antminer 17 series. Now Canaan Creative has published its own device specifications and pricing for the new Avalonminer 10 series that process between 31-33Read More…

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15Apr/19

Bitcoin Mining: Key Stat Exposes Ridiculous Energy Consumption FUD

Antoine Le Calvez, a researcher for CoinMetrics, set out to determine how Bitcoin’s environmental impact compares to that of the auto industry. His striking conclusion? US vehicles consume roughly the same amountRead More…

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