Bitmain

Billionaire Crypto Pioneer Says Market Will Grow To Tens Of Trillions Of Dollars

Jihan Wu gives a rare interview to discuss his latest ventures, his departure from mining giant Bitmain and the future of the crypto market. Cryptocurrencies were born to be volatile, says Jihan Wu, but their growth over the long term will far outweigh their price fluctuations. “Even if 95% of today’s coins lose all their …

Billionaire Crypto Pioneer Says Market Will Grow To Tens Of Trillions Of Dollars Read More »

Jihan Wu’s Crypto Mining Platform Bitdeer To Go Public In $4 Billion SPAC Deal

Jihan Wu, chairman and founder of Bitdeer. Bloomberg Bitdeer Technologies, controlled by crypto pioneer Jihan Wu, is planning to go public in the U.S. by merging with a blank check company in a deal that will value the Singapore-based bitcoin mining firm at $4 billion.  Bitdeer is a spinoff from Bitmain Technology, a Chinese bitcoin …

Jihan Wu’s Crypto Mining Platform Bitdeer To Go Public In $4 Billion SPAC Deal Read More »

Bitmain Escalates Bitcoin Mining Arms Race With Most Powerful Hardware In History

Computer, Bank, Blockchain, Coin, Currency getty The world’s largest Bitcoin mining computer manufacturer, Bitmain, just unveiled its most powerful machine yet. The new miner, the Antminer S19XP, was officially announced at the company’s World Digital Mining Summit in Dubai this week. Bitmain’s fresh product offering is the newest addition to the S19 series, which launched …

Bitmain Escalates Bitcoin Mining Arms Race With Most Powerful Hardware In History Read More »