After months of speculation, the Beijing based mining giant Bitmain Technologies has officially made an application for its initial public offering (IPO) on the Hong Kong Stock Exchange (HKSE), according to a recently published document.
BTC.com, the world’s largest Bitcoin mining pool, has announced it is expanding its offerings to include Ethereum (ETH) and Ethereum Classic (ETC).
Mining equipment manufacturer Ebang International has announced release of new E11 and E11+ miners with rumors circulating that these new devices may outdo all existing alternatives in terms of performance. At least this is what Blockstream CSO Samson Mow says.
Investment firm DST Global has officially denied taking part in mining giant Bitmain’s pre-IPO funding. Chinese investment conglomerate Tencent and Japanese SoftBank have also refuted their involvement in the company’s Series C funding round, Cointelegraph reports on Wednesday, August 22.
As the world’s largest cryptocurrency mining company Bitmain Technologies is filing for an initial public offering (IPO) hoping to raise $18 billion on the Hong Kong Stock Exchange at a market capitalization of $40 to $50 billion, observers are already sending potential red flags to the investors.
A few days ago, when Tel Aviv-based blockchain startup Chainlab has announced it raised investment from Bitmain Technology, the DAO platform Wings first hit the news. Back then, Bitmain co-founder Jihan Wu said: â€śBitmain invested because we see a great team and we look forward to seeing Wings grows into a successful platform for launching […]