Tag: Bitmain

  • Investment
    Altcoins

    Peter Thiel and Bitmain Invest in Block.one to Support EOS Ecosystem

    Developers of EOS, Block.one, have received a further round of investment from backers including Peter Thiel, Bitmain, Louis Bacon, and Alan Howard. This follows recent support by Mike Novogratz’s Galaxy Digital and new hiring appointments to the Block.one team. Peter Thiel Makes Block.one Investment Peter Thiel was the...

    tim copeland | July 16, 2018 | 7:35 pm
  • Opera
    Industry

    Will Opera’s Integration of Crypto Wallet Coax Chrome and Firefox?

    Web browser developer Opera is introducing a built-in digital wallet called “Crypto Wallet” for Android which will permit users access to decentralized applications (dApps) as well as storage for Ether and Ethereum-based tokens. As a platform, Opera Browser offers a similar experience to other browsers, but gives access to unique...

    Thomas Delahunty | July 11, 2018 | 7:00 pm
  • NewsBTC SLushpool Bitcoin mining
    Industry

    Bitmain Expands Circle of Influence With $50 Million Investment

    The world’s largest producer of ASIC mining machines, Bitmain, is expected to invest $50 million into the upcoming IPO of Opera Ltd. Bitmain’s Expanding Circle of Influence Norway-based Opera Ltd., one of the top internet browsers, has just filed for a Nasdaq initial public offering (IPO) last week,...

    nickchong | July 8, 2018 | 8:07 pm
  • Mining
    Bitcoin

    Bitcoin Mining Con Artist Arrested Over $15 Million Fraud

    A man has been arrested in China for fraud over the sale of underpriced Bitcoin mining equipment and is awaiting prosecution. According to state media, the man made nearly 100 million yuan ($15 million) from 50 investors within a few months. Mining Fraudster Defaults on 3,000 Orders The...

    tim copeland | June 25, 2018 | 11:30 pm
  • Bitcoin

    Bitmain Raises $400 Million Prior to its $12 Billion IPO, Growing Dominance

    Bitmain’s ASIC dominance has continued, with Bitmain-based mining pools collectively accounting for nearly 50% of all Bitcoin mining power. Bitmain Dominates Bitcoin ASIC Industry Two prominent Bitcoin mining pools, BTC.com and Antpool, contain 27% and 15.3% of Bitcoin’s hashrate respectively. Bitmain surprisingly owns and manages both pools, allowing...

    nickchong | June 25, 2018 | 9:00 am
  • hashrate
    Bitcoin

    Is Bitcoin’s New All-Time-High Hashrate a Green Light for Bulls

    Bitcoin tweeted out to it’s 58 thousand plus followers that their hashrate has it another all-time high, experiencing a 15% increase in the last two weeks. Bitcoin Hashrate Constantly Climbing This recent jump and constant rise in hashrate over the past few months shows a consistent level of...

    John McMahon | June 19, 2018 | 2:30 pm
  • bitcoin mining
    Crypto

    Crypto Mining Company Responds to Android Malware Outbreaks

    A mining equipment company CEO has responded to issues raised by mining malware hacks infiltrating Amazon Fire software and Android devices saying that it is not representative of the industry. Talking to NewsBTC, he also said that more crypto mining companies are likely to get listed on the...

    tim copeland | June 14, 2018 | 2:00 pm
  • IPO
    Industry

    Crypto Mining Giant Bitmain’s CEO Is Considering an IPO

    Jihan Wu runs Bitmain Technologies Ltd., the world’s largest producer of custom cryptocurrency mining chips. Financially speaking not much is known about the Chinese company, though Wu has hinted at the possibility of holding an initial public offering (IPO), which would force Bitmain to reveal more. What an IPO...

    Thomas Delahunty | June 7, 2018 | 10:00 pm
  • App
    Bitcoin

    Bitmain Developed First Ever Crypto Wallet App for Huawei Phone Users

    Huawei phone users will be able to download a Bitmain developed cold storage wallet app for Bitcoin for the first time starting today. Bitcoin Wallet App Available to Huawei Phones Today The third largest mobile handset maker in the world, Huawei Technologies Co., a Chinese multinational communications technology company,...

    John McMahon | May 11, 2018 | 4:02 pm
  • bitcoin mining
    Crypto

    Chinese Bitcoin Mining Giant Chooses Hong Kong Over US for IPO

    China’s second-largest Bitcoin miner is looking to raise $1 billion from their IPO launch in Hong Kong instead of the US. Canaan Seeks a Billion Through IPO in Hong Kong The South China Morning Post has reported that Canaan, a giant in the Bitcoin mining industry, has made...

    John McMahon | May 10, 2018 | 6:00 am

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