-Bitcoin news, price, information & analysis
According to recent reports, Chinese cryptocurrency mining giant, Bitmain, is undergoing a major leadership shuffle as the company restructures its board of directors ahead of its imminent IPO on the Hong Kong Stock Exchange (HKEX). Bitmain’s upcoming IPO is expected to set a record for the cryptocurrency industry and...
A research report by the Hong Kong Exchange (HKEX) argued that fintech firms using cryptocurrency should be subjected “to the governance by the Securities Law”. HKEX Finds Risks In Large-Scale Deployment of Blockchain In Securities Industry The stock exchange of Hong Kong, Asia’s third-largest operator by market cap,...
Chinese cryptocurrency mining giant, Bitmain, has officially released a firmware update that allows Bitcoin miners to activate the Overt AsicBoost upgrade that significantly increases their operational efficiency and decreases their cost-basis. The upgrade comes after the development group behind Slush Pool verified that Bitmain’s popular Antminer S9 hardware...
President Trump’s trade tariffs will likely cause a major dint in the profitability of Chinese companies producing cryptocurrency mining hardware. Of the three mining giants based in China, Beijing’s infamous Bitmain is expected to be the worst hit since they rely most heavily on overseas sales. As Trump’s...
Bitmain, the world’s largest crypto mining equipment manufacturer, has filed for an initial public offering (IPO) with the Hong Kong Stock Exchange (HKSE) after recording staggering year-on-year growth. In 2017, the Chinese firm brought $2.5 billion in revenues and in the first half of this year, the revenue...
As cryptocurrency market sentiment sits near its year-to-date low, multiple major companies are attempting public offerings in hopes of raising billions of dollars and securing market share in the highly competitive cryptocurrency mining industry. Bitmain, Canaan, and Ebang, the three biggest players in the crypto mining industry, are...
FOMO Moments Markets have regained a little today, Bitcoin Cash is pumping, HyperCash is dumping. A couple of days of bearish pressure has relented and crypto markets are heading back upwards during Asian trading today. There has been a 5 billion dollar bounce led largely by altcoins as...
Over the past 24 hours, Bitcoin Cash recorded a 20 percent surge in its price as the best performing cryptocurrency in the global market. Within merely hours, the price of BCH increased from $440 to $540, by more than 25 percent at one point. Analysts have attributed the...
Chinese cryptocurrency mining giant, Bitmain, has officially filed an application to conduct an Initial Public Offering (IPO) on the Hong Kong Stock Exchange (HKEX). The application has been long anticipated by analysts, and many cryptocurrency investors are excited at the prospect of being able to invest in the...
Bitmain’s mining pool, AntPool, has supposedly activated one of their controversial methods of mining Bitcoin more efficiently, called AsicBoost. The controversial Bitcoin mining “hack” supposedly increases mining efficiency by up to 20% and is controversial because many developers claim that its use damages the Bitcoin network. Weakness in...
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