Tagged: ebang

More Details Emerge About Possible Executive Succession, IPO, and Layoffs at Bitmain, World’s Largest Cryptomining Firm

A new CEO is already in place at Bitmain, the world’s largest manufacturer of cryptocurrency mining equipment and operator of crypto mines, a source to Hong Kong news outlet The South China Morning Post (SCMP) claims. Though Bitmain itself has refused to confirm the change, a former… Read More

Denied an IPO in Hong Kong, Cryptominer Manufacturer Canaan Considering New York Listing

Canaan, the second biggest maker of cryptocurrency mining hardware after Bitmain, may be bringing its bid to go public to a New York exchange after being rejected in Hong Kong, Bloomberg reports. The company may be seeking to sell shares on a US exchange in… Read More

Bitmain IPO May Be in Trouble in Hong Kong

The Hong Kong Stock Exchange appears to be reluctant to approve crypto mining giant Bitmain’s application to go public there, possibly because the 2018 bear market is highlighting unreliability in crypto markets. “What they are doing is they are just dragging the case right now,”… Read More

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