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Tag Archives: bitmain

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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Bitcoin Mining Giant Named One of China’s Hottest Startup Employers

Bitmain, the world's largest maker of bitcoin mining equipment, has been named the third hottest startup to work for in China. | Source: ShutterstockChina has held the crown for being the home of some of the largest makers of bitcoin mining equipment for years now. According to LinkedIn, one of these bitcoin mining rigs has emerged as a favored destination for job seekers in the world’s second-largest economy.Per CNBC citing a report by the Microsoft-owned professional social network,...

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