Bitmain Confirms Layoffs
China-based cryptocurrency mining giant Bitmain is undergoing a series of business changes that extend even to its China offices.
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China-based cryptocurrency mining giant Bitmain is undergoing a series of business changes that extend even to its China offices.
#bitmain#news
Bitmain, a prominent name in the bitcoin mining industry, has reportedly acquired a Bitcoin cash wallet startup Telescope. Following the acquisition, there are plans to expand the active platforms that the wallet currently works upon.
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A report published in various crypto publications reports that Bitmain has accumulated $1 billion Bitcoin Cash close to 6% of total supply and was supposedly used various tactic to manipulate the price before IPO. As a result, all cryptocurrencies are down. While Bitcoin is down close to 6%, most…
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Bitmain announces a launch of its new mining center in Texas
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