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MicroBT
Founder of Bitmain Rival MicroBT Arrested for Alleged Embezzlement
The arrest, noted by the Shenzhen Nanshan District Prosecutor on Dec. 12 and reported by business publication Caixin on Sunday, comes amid ongoing battles between mining giant Bitmain and MicroBT, which has been a rising competitor this year challenging Bitmain's market dominance.
Founder of Bitmain Rival Held by Police Over Possible IP Dispute
The founder and CEO of bitcoin miner maker MicroBT is being held by police. A source says it's to assist an investigation over a business dispute.
MicroBT Expects $400 Million in Q3 as Bitcoin Miner Sales Surge
The maker of WhatsMiner bitcoin miners says it expects to have delivered 200,000 devices by the end of the quarter.