micree zhan

Bitmain Co-founders at Loggerheads Over Mass Layoff Plans

Ousted Bitmain co-founder, Micree Zhan, has come out to oppose Bitmain’s plan to layoff about 50% of its workforce. According to Zhan, the Bitcoin (BTC) mining giant’s plan to sack employees was a mistake, given that the company was in a healthy financial situation. Earlier in January 2020, reports emerged that the Bitmain was planning...
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Bitmain Begins Expansion into South America

Bitmain is looking to establish a significant presence as it partners with two Bitcoin mining consulting firms. Meanwhile, co-founder Jihan Wu continues to consolidate his hold on the company amid an ongoing power struggle. Bitmain Partners with Bitcoin Mining Consultants in South America In a press release published on Thursday (December 12, 2019), Bitmain announced...
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Bitcoin (BTC) $ 94,784.40 3.41%
Ethereum (ETH) $ 3,270.16 2.62%
Tether (USDT) $ 1.00 0.02%
XRP (XRP) $ 2.35 3.35%
BNB (BNB) $ 690.95 2.04%
Solana (SOL) $ 188.21 2.52%
Dogecoin (DOGE) $ 0.332369 4.76%
USDC (USDC) $ 1.00 0.00%
Cardano (ADA) $ 0.933846 4.50%
Lido Staked Ether (STETH) $ 3,267.54 2.78%
Bitcoin (BTC) $ 94,784.40 3.41%
Ethereum (ETH) $ 3,270.16 2.62%
Tether (USDT) $ 1.00 0.02%
XRP (XRP) $ 2.35 3.35%
BNB (BNB) $ 690.95 2.04%
Solana (SOL) $ 188.21 2.52%
Dogecoin (DOGE) $ 0.332369 4.76%
USDC (USDC) $ 1.00 0.00%
Cardano (ADA) $ 0.933846 4.50%
Lido Staked Ether (STETH) $ 3,267.54 2.78%