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Altcoin News

Year Long Bear Market Taking Toll on Bitmain, After Lay-offs Company Scales Back the Texas Plan

The massive drop in the prices of cryptocurrencies has forced many crypto firms to either close their operations or lay off their employees . Consequently, reports claim that Chinese leading bitcoin mining giant, Bitmain is probably scaling back its mining operations in Rockdale Texas. It is the same location Bitmain proposed to begin its mining

The massive drop in the prices of cryptocurrencies has forced many crypto firms to either close their operations or lay off their employees . Consequently, reports claim that Chinese leading bitcoin mining giant, Bitmain is probably scaling back its mining operations in Rockdale Texas. It is the same location Bitmain proposed to begin its mining

bitmain
Altcoin News
bitmain
Altcoin News

Bitmain Secretly Replacing Company’s Product Engineer As its New CEO

When it comes to bitcoin mining pool, Bitmain’s name often appears on top. Very recently, Beijing based Bitmain which is the world’s biggest crypto mining firm has confirmed the layoff plans as a part ‘to live up the company’s mission’. Co-Founders To Step Aside Per the South China Morning Post, Bitmain Technologies is naming a

When it comes to bitcoin mining pool, Bitmain’s name often appears on top. Very recently, Beijing based Bitmain which is the world’s biggest crypto mining firm has confirmed the layoff plans as a part ‘to live up the company’s mission’. Co-Founders To Step Aside Per the South China Morning Post, Bitmain Technologies is naming a

crypto jobs
Bitcoin News
crypto jobs
Bitcoin News

Crypto lay-offs: As Employee Firing becomes Intense, Other Crypto firms Step-up to Offer Opportunities

Over past one-year crypto, the industry has been successful in pulling a lot of talent. But recent downfall in prices has forced certain verticals of the industry to lay off talent diverging from others that continue to hire. Mining fires while #BUIDL companies hire The recent downturn in crypto prices has forced a lot of

Over past one-year crypto, the industry has been successful in pulling a lot of talent. But recent downfall in prices has forced certain verticals of the industry to lay off talent diverging from others that continue to hire. Mining fires while #BUIDL companies hire The recent downturn in crypto prices has forced a lot of

Bitmain
Altcoin News
Bitmain
Altcoin News

Bitmain’s Layoff May Trigger a BCH and LTC Bearish Trend Says Multicoin’s Kyle Samani

Adding to the Christmas woes, the cryptocurrency market is hit by another bad news. Early morning reports started flowing that Bitmain may lay off its 85% staff. While Bitmain still holds a lot of BCH and LTC, this lay off, according to Kyle Samani, may soon lead to Bitmain liquidating the same. Bitmain may liquidate

Adding to the Christmas woes, the cryptocurrency market is hit by another bad news. Early morning reports started flowing that Bitmain may lay off its 85% staff. While Bitmain still holds a lot of BCH and LTC, this lay off, according to Kyle Samani, may soon lead to Bitmain liquidating the same. Bitmain may liquidate

Bitcoin News
Bitcoin News

Bitmain Bleeds Further As It Shuts Down Company’s Israel Office

2018 has been a year of agony for Bitmain and other crypto miners as cryptocurrency prices crumbled to yearly lows. While the markets still struggle to find a support on the downside, the problem for Bitmain continues to rise. According to the recent reports Bitmain has to shut down its Israeli office as things have

2018 has been a year of agony for Bitmain and other crypto miners as cryptocurrency prices crumbled to yearly lows. While the markets still struggle to find a support on the downside, the problem for Bitmain continues to rise. According to the recent reports Bitmain has to shut down its Israeli office as things have

Crypto Mining
Bitcoin News
Crypto Mining
Bitcoin News

Dark Clouds Loom Over Crypto Mining Industry as Viability Reduces

Crypto markets have seen deep cuts in prices over past one week or so and the industry that has been impacted the most because of this fall is the crypto mining industry. As prices of electricity have been getting expensive and this drop in crypto prices has made cryptocurrency mining completely unviable resultant a lot

Crypto markets have seen deep cuts in prices over past one week or so and the industry that has been impacted the most because of this fall is the crypto mining industry. As prices of electricity have been getting expensive and this drop in crypto prices has made cryptocurrency mining completely unviable resultant a lot

Bitcoin News
Bitcoin News

Amid Ongoing Crypto Crash, Bitmain and Ebang’s IPO Dreams Expected to Delay

Bitmain Technologies, Ebang, and Canaan Creative were intended to go public before the year-end and even filed IPOs in Hong Kong. However, Canaan, a leading BTC mining manufacture in China tumble its application on Thursday, due to the failure of listing completion during the last six months. Reports indicate that the other two largest bitcoin

Bitmain Technologies, Ebang, and Canaan Creative were intended to go public before the year-end and even filed IPOs in Hong Kong. However, Canaan, a leading BTC mining manufacture in China tumble its application on Thursday, due to the failure of listing completion during the last six months. Reports indicate that the other two largest bitcoin

Bitmain
Altcoin News
Bitmain
Altcoin News

Bitmain Co-Founder retaliates to Coingeek’s news which reported of company’s problems

Hours after Coingeek reported of Bitcoin mining manufacturer Bitmain, being in problems of debt and is on verge of losing its key chipmaker, Bitmain’s Co-Founder Jihan Wu took on to Twitter to lash the publication for spreading false news and also said that it was controlled by Fake Satoshi- a term he had used to

Hours after Coingeek reported of Bitcoin mining manufacturer Bitmain, being in problems of debt and is on verge of losing its key chipmaker, Bitmain’s Co-Founder Jihan Wu took on to Twitter to lash the publication for spreading false news and also said that it was controlled by Fake Satoshi- a term he had used to

Bitcoin News
Bitcoin News

Exciting Times Ahead for Bitcoin Cash as Bitmain goes Public & Reveals Big Jump in Profits

As one of the largest Bitcoin miner, Bitmain officially announces its plan of going for IPO, Bitcoin Cash surges well over 23 percent since yesterday. BCH is expected to have even more good days ahead. Bitcoin Cash (BCH) surges 23% over Bitmain going public Since yesterday, Bitcoin Cash (BCH) is enjoying significant gains on the

As one of the largest Bitcoin miner, Bitmain officially announces its plan of going for IPO, Bitcoin Cash surges well over 23 percent since yesterday. BCH is expected to have even more good days ahead. Bitcoin Cash (BCH) surges 23% over Bitmain going public Since yesterday, Bitcoin Cash (BCH) is enjoying significant gains on the

Bitcoin News
Bitcoin News

Bitmain May be Sued by Investors Over Misrepresentation and Omission of Information

In recent series of tweets posted by, what looks like a “crypto insider” by the name of BTCKING555, all doesn’t seem to be going well between the investors and the Leading Bitcoin Mining Company, Bitmain which has filed for the IPO. Bitmain and investors in a tussle According to the recent tweet, BTCKING555 brings out

In recent series of tweets posted by, what looks like a “crypto insider” by the name of BTCKING555, all doesn’t seem to be going well between the investors and the Leading Bitcoin Mining Company, Bitmain which has filed for the IPO. Bitmain and investors in a tussle According to the recent tweet, BTCKING555 brings out

ethereum
Altcoin News
ethereum
Altcoin News

Ethereum Readies Ammunition to Take its Price to New Highs

Ethereum, the second largest coin of the crypto street, might be battling to keep it price up and solve its congestion and speed issues, but it definitely has news brewing that could be structurally positive for the coin in the long run. Ethereum to welcome Constantinople while Bitmain Launches Ethereum mining pool In October this

Ethereum, the second largest coin of the crypto street, might be battling to keep it price up and solve its congestion and speed issues, but it definitely has news brewing that could be structurally positive for the coin in the long run. Ethereum to welcome Constantinople while Bitmain Launches Ethereum mining pool In October this

USDC coin
Altcoin News
USDC coin
Altcoin News

Circle Racing to Launch US Dollar Backed Stable Cryptocurrency

Circle is all set to launch its US Dollar backed USDC coin this summer in partnership with Bitmain which is also leading the $110 million investment in Circle that has the company at about $3 billion valuations after acquiring Poloniex in February. Circle’s stable coin USDC to take on USDT & TUSD Just months after

Circle is all set to launch its US Dollar backed USDC coin this summer in partnership with Bitmain which is also leading the $110 million investment in Circle that has the company at about $3 billion valuations after acquiring Poloniex in February. Circle’s stable coin USDC to take on USDT & TUSD Just months after