Bitmain, one of the largest manufactures for cryptocurrency mining equipment is now Closing its operation in Israel. According to local Israeli publication, Bitmain had set up its development center started in 2016 at Ra’anana. And due to the fall of the cryptocurrency market, they had no choice but to...
Bitmain one of the largest manufactures of crypto miners has now acquired a Bitcoin Cash (BCH) Browser wallet startup known as Telescope. This startup had launched earlier this year. Telescope is currently available for web browsers like Google Chrome, Mozilla Firefox. After this acquisition, the startup is planning to integrate...
Bitmain Technologies, is the biggest producer of cryptocurrency mining chips. The company is now planning to launch an IPO on the Hong Kong stock exchange. The IPO is worth the $ 3 billion. The founder of the company is Jihan Wu who is also a very powerful individual in the cryptocurrency...
The so-called Mining giant in Crypto industry Bitmain has recently made an announcement about its investment in building Blockchain Datacenter in Texas. As per reports, the investments costs around $500 Million USD for over 7 years time. This investment represents a key factor for the company as it would help...
For several days till now there was a rumor that Bitmain was engaged on ASIC miners for Ethereum, and that it was being prepared for launch. However it was a rumour until yesterday that we got the confirmation. The mining equipment known as Antminer E3 is ready to be despatched...
As reported by CNBC, rumors are that ASIC chips from Bitmain company, a new equipment in cryptocurrency market could centralize Ethereum mining. Apparently, this news has drawn the price of Ethereum to lower than its one week high of $585. This news was surfaced after analyst Christopher Rolland visited China...
