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Showing posts with the label Jihan Wu

Bitmain IPO canceled

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On Tuesday, March 26, 2019, Bitmain IPO application on the Hong Kong Stock Exchange expired. The Chinese bitcoin mining giant filed an application on September 26, 2018, and the Hong Kong Stock Exchange had six months to review. The inaction of the exchange means that the order has been cancelled. In its blog, Bitmain writes: We do recognize that despite the huge potential of the cryptocurrency and blockchain industry, it remains a relatively young industry which is proving its value. We hope regulatory authorities, media, and the general public can be more inclusive to this young industry. We will restart the listing application work at an appropriate time in the future. Further, Bitmain says that the IPO preparation process ... Read more about " Bitmain IPO canceled " on coinatory.com

Bitmain announced the date of sale of 7-nm ASIC Antminer S15 and T15

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Bitmain, the Chinese giant of bitcoin mining, announced two new ASIC miners of the Antminer series, equipped with 7-nm chips. On her Twitter, Bitmain announced: https://twitter.com/BITMAINtech/status/1059636075243524098 According to the Cointelegraph, Bitmain CEO Jihan Wu said in his recent speech that the new chip combines “over a billion transistors” using a special technology with low power consumption. Recall that recently Bitmain announced the release of a firmware update with support for AsicBoost for all Antminer models, which, according to the company, should increase the "efficiency" of devices. ... Read more about " Bitmain announced the date of sale of 7-nm ASIC Antminer S15 and T15 " on coinatory.com