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Tag Archives: bitmain

Bitmain Files Secret IPO Application with Deutsche Bank as Sponsor

Even though there’s currently no official word from the company, it has been reported that China’s Bitmain Technologies – one of the largest crypto mining manufactures in the world – has secretly made an official application with the United States Securities and Exchange Commission (SEC), to float an initial public offering (IPO). The move is also said to be fully backed by a German multinational financial services company, Deutsche Bank.Because it is supposedly a secret filing, there aren’t...

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Russian Company Strives to Mine 20% of the World’s Bitcoin Supply

Russia has always had great ambitions, and now this vast country is planning to embrace a significant part of the Bitcoin (BTC) mining industry. To deeper penetrate into this activity, Russian Mining Company (RMC) owned by Russian entrepreneur Dmitry Marinichev is planning to build a new facility in the northern province of Karelia.According to the local news outlet RBC, the equipment for mining will be stationed on the Nadvoitsy Aluminium Smelter, a metalworking plant that is not used since...

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#739 Parteitreue per Blockchain, Jihan Wu zurück bei Bitmain & Russland Bitcoin Mining

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 739. Heute geht’s um folgende Themen: Chinas Regierung erfasst Parteitreue über Blockchain, Jihan Wu übernimmt die Kontrolle über Bitmain & Russland will grosse Bitcoin Mining Farm aufbauen. 1.) Chinas Regierung erfasst Parteitreue über Blockchainhttps://www.btc-echo.de/ueberwachung-chinas-regierung-erfasst-parteitreue-ueber-blockchain/ 2.) Bitmain Turmoil: Co-Founder and Executive Director Micree Zhan...

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Canaan Officially Files for $400 Million IPO on Nasdaq

One of the biggest bitcoin miner manufacturers, the Avalon Bitcoin miner Canaan Creative, publicly filed for a U.S. Initial Public Offering (IPO) on Monday, with big names as underwriters. Credit Suisse, Galaxy Digital, Citigroup, China Renaissance, CMBI, Huatai Securities and Tiger brokers are obliged to pay for and accept delivery of the ADSs offered by this prospectus.The second-largest manufacturer of ASIC mining hardware after Bitmain, Canaan plans to list its shares on Nasdaq under the...

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Richest Crypto Billionaire Gets Forced Out of His Own Company in China

Bitmain co-founder Micree Zhan was reportedly ousted from the company on Tuesday. Zhan is the wealthiest cryptocurrency billionaire according to the Hurun rich list. Traders are now worried Zhan could dump 1.6 million bitcoin cash in retaliation. Bitmain co-founder and executive director Micree Ketuan Zhan has reportedly been forced out of the company in a bitter clash with business partner Jihan Wu. In a statement issued to Chinese media, Bitmain confirmed that Wu would take...

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Bitmain CEO: Bullish Behavior Unlikely Following May 2020 BTC Halving

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 upcoming bitcoin halving – set to take place in May 2020 – is likely to do the trick. Unfortunately, according to Bitmain CEO Jihan Wu, this may not be the case.Bitmain CEO Predicts a Lack of BullsBitmain is one of the largest – if not the largest – cryptocurrency mining corporations in the world. Stationed in China, the...

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#724 Eindrücke vom World Digital Mining Summit 2019 aus Frankfurt

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 724. Heute ein live Video vom World Digital Mining Summit 2019 aus Frankfurt: 4.) Bitcoin Informant bei iTunes als Podcasthttp://ppq6xp.podcaster.de/bitcoin-informant.rss 5.) Der Bitcoin Informant Inside Telegram Kanalhttps://t.me/bitcoininformant Sonnige GrüsseDennis “Bitcoin-Informant” Koray

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Polychain Capital and Chinese Bank Join Hands in the Nervos Network STO

Photo: Nervos Network / MediumSince the ICO boom of 2017 that attracted many scammers, the Chinese government banned all crypto activities in the country. However, the latest developments suggest that the government could be indirectly participating in a security token offering (STO).The Nervos Network STO is scheduled to kick off on October 16. It aims to raise an undisclosed amount within two weeks via the CoinList platform. Polychain Capital has so far said that it will contribute $5.7...

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Encryption Startup NuCypher Raises Over $10 Million from Bitmain and Polychain Capital

Innovative encryption startup NuCypher has raised about $10.7 Million in what is referred to as a Simple-Agreement-for-Token (SAFT) in a financing round led by Polychain Capital and Bitmain and included VC heavyweights Y Combinator, Bitfury, Arrington XRP Capital, Notation Capital, Coinfund and other strategic investors.NuCypher’s token NU was purchased by the investors during the financing process. The $10.7 Million raised in NU tokens represents 8% of the total supply of the tokens...

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Bitmain to Provide Two New Machines By November

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 mining is getting rather tough and competitive, and the introduction of new equipment is likely to add strain to an already up-and-down industry. Bitmain Is Making Its Mark Once AgainIn addition to Bitmain’s machines, a new air-cooled mining container released by Northern Bitcoin based in Frankfurt,...

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