shapeshift fox
Bitcoin Businesses

Shapeshift Admits ‘Imposition of KYC’d Accounts’...

The instant digital asset exchange platform ShapeShift has laid off one-third of its team because of the “dramatic and severe” crypto recession as well as being cautious in...

Georgi Georgiev | Jan 09, 2019 | 05:00
GMO Internet mining quit
Bitcoin

Japan’s Internet Giant GMO Quits Mining Hardware Bussiness

GMO Internet says it will no longer develop, manufacture, and sell Bitcoin mining hardware following significant losses incurred in Q4 2018. The Japanese IT company will instead focus...

Osato Avan-Nomayo | Dec 26, 2018 | 09:00
Bitmain layoffs fire
Companies

Bitmain Fires Entire Bitcoin Cash Development Team: Report

Things appear to be far from well with Bitcoin Mining firm Bitmain as several reports indicate another round of employee layoffs at the firm. This news follows reports that the...

Osato Avan-Nomayo | Dec 24, 2018 | 16:00
Bitmain Woes
News

Bitcoin Mining Giant Bitmain Is Collapsing – And It Only Has...

The Israeli research and development arm of cryptocurrency mining giant Bitmain will close, resulting in the firing of all 23 staff due to market “turmoil.” Glikberg: Bitmain...

Esther Kim | Dec 10, 2018 | 10:00
bitcoin cash crash bitcoin sv
Bitcoin Cash

Bitmain, Roger Ver, Kraken Sued as Bitcoin Cash Nightmare Continues

Roger Ver, Bitcoin.com, Bitmain, and Kraken are all sued by UnitedCorp over an alleged complot to hijack the Bitcoin Cash network for their own personal gain. United Corp. Sues...

Christina Comben | Dec 07, 2018 | 06:00
Death Cross
News

Bitmain IPO in ‘Death Spiral’? Rumors Of $740M Q3 Loss as...

Fresh rumors over the financial health of Bitcoin mining giant Bitmain cast a shadow over the company again this week, suggesting it faces losses close to $1 billion. Bitmain’s...

Esther Kim | Dec 05, 2018 | 05:00
sweden norway bitcoin mining
Mining

Sweden Braces For Migrant Caravan Of Norwegian Bitcoin Miners

Data center managers in Sweden are expecting a deluge of inquiries from cryptocurrency mining operations in Norway. The Norwegian authorities this week revoked energy tax subsidies for...

Emilio Janus | Nov 24, 2018 | 07:00
Bitmain Bitcoin
Breaking News

Bitmain No Longer Under Influence of Jihan Wu, Says Lawyer

Bitmain co-founder Jihan Wu no longer has influence over the company’s decision-making processes after an executive board reshuffle, a lawyer told local media November 12. Wu Now...

Esther Kim | Nov 13, 2018 | 06:00
Bitmain mining empty blocks
Mining

Why Did Bitmain’s Antpool ‘Stop Mining’ SegWit...

Antpool, the Bitcoin mining pool owned by hardware manufacturer Bitmain, has stopped mining Segregated Witness (‘SegWit’) blocks. A Question Of ‘Charity’? In a move...

Wilma Woo | Oct 31, 2018 | 12:00
Trump Trade War Tariffs Compound Bitmain IPO Woes
News

Trump Trade War Tariffs Compound Bitmain IPO Woes

Bitmain’s beleaguered IPO faces further challenges as the latest Trump tariffs hit mining hardware. The situation is also likely to affect planned IPOs by Canaan and Ebang...

Emilio Janus | Oct 16, 2018 | 21:00
Bitcoin Businesses

Bitmain Adds 5 New Billionaires to China’s Wealthiest List

China’s latest rich list for 2018 sees five billionaires joining China’s wealthiest for the first time thanks to Bitmain’s market lead on cryptocurrency mining. The Hurun...

Melanie Kramer | Oct 14, 2018 | 16:00
mining farm
Companies

David Vs. Goliath: Companies Like MicroBt Look To Challenge...

Bitmain is well-known across the cryptocurrency community for dominating the mining hardware market. Some think the Chinese giant might be losing its edge, and a growing number of...

Kevin O’Brien | Oct 09, 2018 | 17:00

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