More than a year after launching an in-house mining business, Japanese internet conglomerate GMO Internet has announced that it will no longer, develop, manufacture, or sell cryptocurrency mining equipment. Continue reading GMO Had a Plan to Take Down Bitmain
Tag Archives: Bitmain
Crypto VC Says Bitmain Layoffs Could Spell Doom for Bitcoin Cash and Litecoin
Ongoing layoffs at cryptocurrency mega-firm Bitmain could start a fresh wave of selling in Bitcoin Cash and Litecoin markets, according to prominent crypto investor Kyle Samani. Continue reading Crypto VC Says Bitmain Layoffs Could Spell Doom for Bitcoin Cash and Litecoin
Bitcoin Mining Giant Bitmain Closes Israeli Branch amid Market Woes
With the bitcoin price trading more than 80 percent below its all-time high, not even Bitmain, the world’s largest cryptocurrency mining firm and the crypto industry’s most valuable company, has been immune from the slaughter. Continue reading Bitcoin Mining Giant Bitmain Closes Israeli Branch amid Market Woes
Bitmain Releases Antminer S15
Bitmain has released (and already sold out of) its Antminer S15 model traditional ASIC Bitcoin miner. At a price of $1,475 per unit and a per-customer limit of two, it is comparably one of the better bargains as mining hardware goes. Continue reading Bitmain Releases Antminer S15
Bitmain Opens 20,000 Sq. Foot Office in Silicon Valley
Bitmain, the cryptocurrency industry’s most valuable company, has just opened an office in Silicon Valley ahead of its planned initial public offering (IPO) later this year. Continue reading Bitmain Opens 20,000 Sq. Foot Office in Silicon Valley