Tag Archives: Bitmain

[ad_1] Cryptocurrency mining giant Bitmain has reportedly fired its entire staff of Bitcoin Cash (BCH) developers, Blockstream CSO Samson Mow reported, citing Chinese social media sources on Dec. 23. Staff for Bitmain, around 50 workers are reportedly set to go this week. Bitmain's 2,500-strong workforce, with rumors now circling on …

[ad_2][ad_1] Bitmain cryptocurrency giant may be about to appoint an existing executive to lead the company as a new CEO. A report by the South China Morning Post quoting people with "knowledge of the matter" said that the "potential successor" of the current co-CEO of the company Jihan Wu and …

[ad_1] The Bitmain cryptocurrency mining giant and the most important Huobi encryption have reported deciding to lay off staff in the 2018 route of the prices of encrypted markets. The Hong Kong English newspaper South China Morning Post (SCMP) reported on the redundancies on December 26th. Bitmain Technology, based in …

[ad_1] Bitmain, the mining crypto tycoon, has recently fired half of his work force. A new report by a local media states that the mining giant has used a computer monitoring tool to neglect employee behavior at work before layoffs. The report states that the company has implemented an app …

[ad_1] In a meeting held last week by the core developers of Ethereum, the group has turned its attention to the topic of specific mining equipment for the application of the integrated circuit (ASIC). Reportedly, developers have made the decision to implement a new proof-of-work (PoW) algorithm that could potentially …

[ad_2][ad_1] According to recent reports, the mining giant ASIC and the Bitmain encryption operator are currently involved in a downward spiral that could lead to dire consequences for the company. The information available suggests that Bitmain has fired up to 50% of its staff, fired an army of Bitcoin Cash …

[ad_1] Rumors of large-scale layoffs in Bitmain, the world's largest producer of cryptocurrent mining equipment and the largest cryptocurrency pool operator, are now followed by the stories of the company's two famous founders – Michree Zhan and Jihan W-will leave their place as Bitmain co -regists, Weixin relationships: "On December …

[ad_2][ad_1] Jihan Wu and the Jenke group will soon retire as CEOs of Bitmain, ASIC producer. Rumors about their departure were reported by Chinese local media Odaily on December 28th. Odaily cites an anonymous source that knows the situation in which Bitmain is currently in a period of transition. In …

[ad_2][ad_1] Bitmain, the Chinese mining hardware producer who recently applied for listing on the Hong Kong Stock Exchange, fired about half of its employees, the company confirmed in a statement: "There have been some adjustments for our staff this year as we continue to build a long-term, sustainable and scalable …

[ad_2][ad_1] More details emerge on Bitmain layoffs The main Chinese mining company Bitmain can not own cryptocurrencies they seem to take a break lately. Only a few months after the filing to become public on Hong Hong Kong Stock Exchange, these plans have apparently been set aside as complete the …