Jihan Wu is again the authorized representative and CEO of Bitmain Technology, Bitmain's Beijing-based operations arm. Mikri Zhang, another co-founder of the organization who was removed by Wu last October but recovered authority earlier this year, is no more the legal representative and CEO. The...
In the conflict for power at Bitmain, the physical theft of mining equipment has now appeared. In a new post on Bitmain's WeChat channel, former Bitmain employees illegally took out 10,000 Antminer bitcoin miners from one of the company's divisions. Reportedly, the S17, T17, S9 series models were...
After taking over Beijing's Bitmain office, the removed CEO Mikri Zhang regained control of it and even blocked the supply of ASIC miners from the Shenzhen plant. According to the Chinese publication BlockBeats, Zhang has issued an order that prohibits employees from sending products to Bitmain...
Six representatives of the crypto industry are included in the annual list of billionaires compiled by the Chinese research institute Hurun. The leader in the crypto segment was 42-year-old CEO of the cryptocurrency exchange Binance Changpeng Zhao with $2.6 billion. Compared to last year's data...
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