Tag: Bitmain

  • Bitcoin

    Bitmain’s Struggle is Real But Analyst Says Crypto Miners are Fine

    Just in the past two months, Bitmain has fired more than half of its staff, has closed an entire office in Tel Aviv, has shuffled top management, and removed two of its chief operations officers. And today, the Chinese bitcoin mining giant decided that it would close another...

    Davit Babayan | January 14, 2019 | 12:26 pm
  • Bitcoin

    How a Shrinking Bitmain Could Destabilize Crypto Market Further

    Bitmain Technology, the world’s largest crypto mining equipment manufacturing firm, is going to replace its chief operating officers Jihan Wu and Ketuan Zhan with a new appointee, reported the South China Morning Post. The news follows months of speculation about Bitmain losing billions in the final quarter of...

    Davit Babayan | January 13, 2019 | 11:30 am
  • Crypto

    Investor: Bitmain Firing 80% Workforce is Bad for Bitcoin Cash and Litecoin

    According to several reports, crypto mining giant Bitmain is running out of funds. And it could be bad for Bitcoin Cash and Litecoin. $315.5 million worth of Crypto-Assets Kyle Samani, the co-founder of Multicoin Capital, a crypto fund, warned in a Tweet that Bitmain would liquidate its crypto-assets...

    Davit Babayan | December 26, 2018 | 2:27 pm
  • Japan
    Crypto

    Report: The Biggest Crypto Bears Are Selfish Chinese Miners

    Many have been wondering which group represents the majority of crypto bears recently as prices keep plummeting. Those that got into crypto within the last year have likely fled the scene with tails between their legs and burnt fingers. That leaves long term hodlers, institutional investors, and Chinese...

    Martin Young | December 7, 2018 | 12:00 pm
  • Crypto, market
    Crypto

    US Futures Exchange Turns to Crypto Trading, Finds Support Among Trading Giants

    ErisX, a crypto exchange has completed a Series B funding round with support from leading firms including Bitmain, ConsenSys, Fidelity Investments, Nasdaq Ventures, and Monex Group. ErisX Will Operate as Crypto Futures Exchange, Clearing Organization, and Spot Market The crypto trading platform, with a pending license as a clearing organization...

    Ricardo Esteves | December 5, 2018 | 12:00 am
  • Bitmain
    Crypto

    Bitmain Launches Crypto Index for Investors, Provides Data on 17 Digital Assets

    Chinese cryptocurrency mining hardware manufacturer Bitmain has just released its own cryptocurrency index. Going forward, the firm will provide market data for 17 of the largest digital assets by market capitalisation. Bitmain Crypto Index Will Track 17 of the Most Popular Digital Assets One of the planet’s largest...

    Rick D. | November 30, 2018 | 10:00 pm

NewsBTC is a news service that covers bitcoin news, technical analysis & forecasts for bitcoin and other altcoins. Here at NewsBTC, we are dedicated to enlightening people all around the world about bitcoin and other cryptocurrencies. We cover news related to bitcoin exchanges, bitcoin mining and price forecasts for various virtual currencies.

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