Home Tags Bitmain

Tag: Bitmain

Bitmain & Canaan IPOs: The New Bitcoin Mining Gold Rush

Bitmain Technologies and Canaan Creative — two of the major Bitcoin mining firms are not prepared to give up hope of successfully navigating an IPO listing, this time in the US. With the top-ranked crypto experiencing significant gains in 2019, both mining behemoths have resurrected their IPO plans...

Chinese Police Hold MicroBT CEO Allegedly Over Dispute With Bitmain

News The founder of Bitcoin mining rig manufacturer MicroBT is being held as of Nov. 8 by Shenzhen Police to assist in an investigation, according to a local news source. Police are likely to be questioning Zuoxing Yang over allegations of intellectual property infringement regarding the technolog..

Bitcoin Miner Canaan Creative’s 2019 Revenue Nears $100M Ahead of IPO

News Bitcoin (BTC) mining giant Canaan Creative has seen almost $100 million in revenue this year but remains over $30 million in the red. According to an amendment form submitted on Nov. 5 as part of its registration to conduct an initial public offering (IPO) in the United States, Canaan reveal..

Micree Zhan Claims He Was Removed From Bitmain Without Consent

News Micree Ketuan Zhan, the co-founder of major Chinese Bitcoin (BTC) mining hardware producer Bitmain, claimed that he was removed as a legal representative of the company without his consent. On Nov. 7, Samson Mow, the CEO of Blockstream, posted a statement from Zhan on Twitter, in which the Bi..

Bitmain’s New IPO Attempt in Jeopardy as In-Fighting Goes Public

Follow up In 2017, Bitmain ruled the roost and all eyes were on China, but 2018 was a barren year for cryptocurrency. Prices plummeted. Companies crumpled. The long-awaited initial public offerings of two crypto mining titans, Bitmain and Canaan Creative, failed at the final hurdle as the crypto w..

Deutsche Bank Changes Tune: Sponsors Bitmain IPO

If you’ve been on Crypto Twitter at all, you likely know that German financial institution Deutsche Bank has long been an enemy of the diehard strain of Bitcoin enthusiasts for years now. Not only does Deutsche Bank deal in fiat, but in early 2018, the firm wrote in an extensive research report tha..

Bitcoin Miner Maestros Canaan Eye IPO on Nasdaq as Bitmain Reorganizes

Canaan Creative, a major Chinese mining hardware manufacturer and creator of the Avalon series of bitcoin miners, is looking to raise $400 million USD through an initial public offering (IPO) on the Nasdaq stock exchange. Revealed in an IPO prospectus filed with the U.S. Securities and Exchange Com..

UK Bitcoin Miner Eyes 240% Capacity Boost With New $10M Hardware Order

News United Kingdom-based mining firm Argo Blockchain has doubled its order of new cryptocurrency miners as it eyes “significant expansion” of its capacities. An Oct. 30 report from Proactive Investors revealed that the firm — which is listed on the main market of the London Stock Exchange — is po..

Bitmain Quietly Files for Deutsche Bank-Backed IPO in the US: Report

News China-based mining titan Bitmain Technologies has discreetly filed an application for an Initial Public Offering (IPO) with the United States Securities and Exchange Commission (SEC). According to an Oct. 30 report from Tencent News citing anonymous “informed sources,” German multinational De..

Bitmain CEO Ousts Co-Founder, Biggest Shareholder to ‘Save the Ship’

News Altcoin Bitcoin Cash (BCH) has surged 10% in the past 24 hours after it emerged mining giant and major supporter Bitmain had fired a senior executive. Wu to staff: do not talk to Micree Ketuan ZhanIn a translation of an email from Oct. 29 quoted by crypto news outlet CoinDesk, Bitmain co-foun..

Get in touch

350FansLike
6,788FollowersFollow
186FollowersFollow
1,570SubscribersSubscribe