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Tag: Jihan Wu

Micree Zhan Draws First Blood in His Bid to Return to Bitmain 

The legal battle between Bitcoin mining giant Bitmain and its co-founder, Micree Zhan is beginning to take shape, and the latter appears to...

Report: Bitmain Earned Over $300 Million in 2020 Despite Rumored Problems

Chinese cryptocurrency hardware manufacturer, Bitmain, made over $300 million in profit in the first four months of 2020. This news comes despite the...

Matrixport allows for Crypto Purchases Via Credit Cards

Matrixport, a financial service platform with Bitmain affiliation, has recently entered a partnership with Simplex, a payment processing firm licensed by the EU....

Bitmain Calls Ex Co-Founder’s Claims of Holding 36% Equity Baseless

The world’s largest cryptocurrency mining rig producer Bitmain released a statement on April 27 condemning deposed co-founder Micree Ketuan Zhan’s attempts to regain...

Samson Mow: Bitmain S17/T17 Antminer Has High Failure Rate

Cryptocurrency miners relying on the Bitmain S17 and T17 Antminer have said that the rigs have failure rates between 20-30% where they would...

Bitcoin Cash Halving Results in Miner Exodus and Profitability Decline

The quadrennial block reward halving for Bitcoin Cash (BCH) has come and gone, with miner rewards dropping from 12.5 BCH to 6.25 BCH....

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