Bitmain


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Bitcoin Miners Are Investing Again, Expecting a Cheap Power Boom Soon

Bitcoin miners in China are betting that abundant water this summer will make their business profitable again.

mining farm in Sichuan

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Mining Giant Bitmain Posts $500 Million Loss in IPO Financial Filing

Cryptocurrency mining and manufacturing giant Bitmain lost about $500 million in the third quarter of 2018, CoinDesk has learned.

Jihan Wu

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Bitmain Announces New, More Efficient 7nm Bitcoin Mining Chip

Bitmain Technologies has announced a new 7nm bitcoin mining processor that it says offers a big boost in energy efficiency.

Crypto mining machines. (lmstockwork/Shutterstock)

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Hong Kong Stock Exchange CEO Casts Doubt on Crypto Miner IPO Filings

The CEO of the Hong Kong Stock Exchange has seemingly questioned the IPO viability of crypto mining companies in new comments.

HKEX

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Chinese Mining Giant Bitmain Is Closing Another Overseas Office

China-based crypto mining giant Bitmain has confirmed the closure of its Amsterdam office as part of ongoing business adjustments.

Amsterdam

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Bitmain Poised to Appoint Tech Chief as New CEO, Says Report

Cryptocurrency mining giant Bitmain may be about to appoint its product engineering director as CEO.

Jihan Wu

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Saying Goodbye to the Blockchain Romantics

Decentralization may sound like a sexy concept, but realism may be a better real-deal solution, argues Elly Zhang.

Screen Shot 2018-12-19 at 8.30.33 AM

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Hong Kong Exchange 'Hesitant' to Approve Bitmain IPO, Says Source

The Hong Kong Stock Exchange is reluctant to approve the IPO applications of Chinese bitcoin mining equipment manufacturers, according to a person involved in the talks.

Lion sculpture

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Bitmain Closes Israel Development Arm Citing Crypto Bear Market

Cryptocurrency mining giant Bitmain has reportedly closed down its Israel-based R&D division, citing a crypto market "shake-up."

Closed sign