Bitmain Continues to Downsize Amid Management Restructuring Reports
Chinese crypto mining juggernaut Bitmain has taken a substantial hit in the recent crypto crash, leading to negative consequences for the company on many fronts.…
Tag: Chinese
New Survey Finds 40% of Chinese Want To Invest In Bitcoin – Bitcoinist.com
A new survey asked nearly 5000 Chinese people about their familiarity and interest in cryptocurrency. The results of the survey show that two in five or 40 percent…
Bitmain Reportedly Will Sack Up to 85 Percent of Workforce
The Chinese crypto mining company Bitmain has apparently been hit hard by the bear market and is looking to sack more than half of their…
Why Chinese Companies Suck at User Engagement – Hacker Noon
I think I’ve just figured out why Chinese companies suck at user engagement (& community/brand building). Here’s my story: I entered the blockchain space in…
The Chinese Social Network – Hacker Noon
An origin story of Tencent and Chinese internet companies Tencent is among the largest technology companies in the world. According to The Verge, it is…
$5 Million Lawsuit Against Bitmain Filed in Northern California
A class-action lawsuit for over $5 million has been filed in northern California against Chinese mining giant Bitmain. The company is being accused of utilizing…
Huobi Group Sets Up Communist Party Committee in Beijing
As part of its desire to forge deeper ties with the Chinese government, Huobi Group, the parent company of digital asset platform Huobi, has formed…
Bitmain Sues Anonymous Hacker Over $5.5 Million Theft
Chinese mining giant Bitmain is suing an anonymous hacker that allegedly stole $5.5 million in cryptocurrency last April from the company’s account on the digital…
Chinese School Principals Caught Mining Ethereum At WorkChinese School Principals Caught Mining Ethereum At Work – Altcoin Today
Two principals at a Chinese school got in hot water after stealing power from the institution to mine the ethereum cryptocurrency. According to a report from Hong Kong…
Bitmain’s New 7nm Chip Miners Are Available for Purchase Today
Chinese mining giant Bitmain’s 7nm Bitcoin miners go on sale today, November 8, 2018. Announced in September of 2018, the miners allegedly offer considerably faster…