Bitmain


Markets

Canaan Shares Dipped Only 2% in Q3 in Fourth Straight Quarterly Drop

The Nasdaq-listed mining manufacturer dropped 2% in Q3.

Quarterly returns for shares of Canaan Creative since Q4 2019

Finance

Jihan Wu Regains Upper Hand in Bitmain Co-Founder Fight

A new twist in the power struggle at Bitmain: Co-founder Jihan Wu has regained the legal representative status of the bitcoin mining giant.

Jihan Wu

Markets

Bitcoin News Roundup for Sept. 10, 2020

With bitcoin lawsuits in the news and SushiSwap's migration completed, CoinDesk’s Markets Daily is back for your latest crypto news roundup!

Markets Daily Front Page Adam Lyllah

Policy

Court Denies Bitmain $30M in Damages From Co-Founders of Rival Poolin

A court in China has denied an appeal by bitcoin mining giant Bitmain seeking $30 million in damages from the three co-founders of mining pool rival Poolin.

Poolin co-founder Zhibiao Kevin Pan (CoinDesk archives)

Finance

Bitmain, Ebang Among 21 Bitcoin Mining Farms Stripped of Energy Perks in Inner Mongolia

Affected mining centers in the area may see a notable increase in electricity costs.

(HelloRF Zcool/Shutterstock)

Markets

Marathon Signs New $23M Contract With Bitmain for 10,500 Bitcoin Mining Rigs

The $23 million purchase will see Marathon's bitcoin mining capacity increase drastically, turning it into one of the largest miners in North America.

(CoinDesk archives, modified using PhotoMosh)

Markets

Bitmain Delays Bitcoin Miner Shipments by Three Months as Co-Founders Battle On

The escalating internal power struggle at Bitmain is starting to have a more serious impact on its business and customers.

Bitcoin miner image (CoinDesk archive)

Markets

Marathon Boosting Bitcoin Mining Game With 1,360 More Rigs Arriving in August

The publicly traded firm has bought hundreds of rigs from mining hardware rivals MicroBT and Bitmain.

shutterstock_shutterstock_772693789

Markets

Bitmain Spin-Off Launches Crypto Exchange to Go After Booming Options Market

Matrixport has set up its own derivatives exchange and now wants to take on Deribit, the market leader for crypto options.

(solarseven/Shutterstock)

Finance

Power Struggle Inside Bitmain 'Hard Forks' Bitcoin Miner Production

The ongoing battle between the two co-founders at Bitmain has essentially hard forked the production at the world’s largest bitcoin miner manufacturer.

Bitmain co-founder Jihan Wu