[ad_1] The massive drop in cryptocurrency prices has forced many companies scrambled to shut down their operations or fire their employees. As a result, reports say that the leading Chinese bitcoin mining giant, Bitmain, is probably scaling down its mining operations in Rockdale, Texas. It is the same position that …
Read More »Bitmain has distributed the app to track employees before layoffs, report
[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 …
Read More »Crypto VC suggests that Bitcoin Cash and Litecoin could be ruined thanks to Bitmain layoffs
[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 …
Read More »Further details on Bitmain layoffs emerge
[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 …
Read More »Bitmain layoffs mean bad news for Bitcoin's Cash and Litecoin for Crypto Early Kyle Samani investor
[ad_2][ad_1] Bitmain left and right workers were hemorrhagic, in response to the market that continues to decline. In light of the most recent round of layoffs, there is a chance that this could be bad news for Bitcoin Cash and Litecoin, according to Kyle Samani. Samani is a well known …
Read More »Crypto VC says Bitmain layoffs are extremely bearish for bitcoin money
[ad_2][ad_1] The redundancies in progress at the crypto-mega-company Bitmain could start a new wave of sales in the Bitcoin Cash and Litecoin markets, according to the well-known cryptographic investor Kyle Samani. The venture capitalist focused on cryptocurrency said in a tweet that the mining giant of Bitcoin is – if …
Read More »Layoffs in progress amid the "regulations", Bitcoin Miner Bitmain confirms
[ad_2][ad_1] Months after filing a request for quotation on the Hong Kong stock exchange, the Beijing cryptocurrency mining giant, Bitmain, is undergoing a series of corporate changes that also extend to China's offices, confirmed Tuesday. "There have been some adjustments for our staff this year as we continue to build …
Read More »ConsenSys plans to run most of its startups, and it will mean layoffs
[ad_1] The redundancies are coming to ConsenSys, the startup incubator focused on Ethereum and the blockchain technology conglomerate. According to the company's sources, ConsenSys is rapidly spreading the startups it had previously supported, which would drastically affect its workforce and leave an uncertain fate for one of the most ambitious …
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