Tag: Bitmain

  • bitmain crypto bitcoin
    Bitcoin

    Bitmain Reveals Sales Details of Next Gen Bitcoin Miners

    Beijing based Bitcoin mining hardware manufacturing giant Bitmain has announced the sales details for the company’s latest range of crypto-specific chips. According to the company, the Antminer 17 series will be capable of mining more than 50 trillion hashes per second. Sales will take place in two batches...

    Rick D. | April 8, 2019 | 11:00 pm
  • technical analysis altcoins
    Technical

    Bitcoin (BTC) Add $2.5 Billion in 36 Hours, Bitmain to Bolster Network

    Bitcoin prices up three percent Bitmain plans boost the network’s hash rate Transaction volumes low but could surge once prices are above $4,200 Unexpectedly, Bitcoin (BTC) prices found support at Mar 5 highs as bulls flew back. This revival coincides with news of Bitmain plans of deploying 200,000...

    Dalmas Ngetich | March 27, 2019 | 7:00 pm
  • technical analysis bitcoin
    Technical

    Bitcoin (BTC) Medium Term Trend is Set, $6,000 A Low Lying Picking

    Bitcoin price recovering, may clear $6,000 Jihan Wu, the former CEO of Bitmain is a billionaire Transactional volumes low, must spike above 440k countering Q4 losses With newfound financial weight, Jihan Wu can now move towards achieving his goals. In the meantime, Bitcoin (BTC) prices stand to benefit....

    Dalmas Ngetich | March 6, 2019 | 5:00 pm
  • hong kong
    Industry

    Chinese Crypto Exchanges Seek Backdoor Listings in Hong Kong

    As the bear market continues with no signs of a change in trend crypto exchanges and mining giants in China seek ways to stay afloat. One method which has been increasing is a reverse merger in Hong Kong as IPO hopes fade. Reverse Mergers Becoming The Easy Route...

    Martin Young | January 26, 2019 | 9:00 am
  • 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

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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