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Core Scientific and Bitmain Partner to Bring Bitmain’s “Ant Training Academy” to North America

Core Scientific, the leading US blockchain hosting provider, and Bitmain, the industry-leading fabless manufacturer of computing chips, today announced the launch of the new Dalton, GA based Ant Training Academy (ATA) location, the first outside China. The new location was created to allow more...

Bitmain and Huobi Plan Layoffs as Cryptocurrency Crunch Begins to Bite

Two of the world’s biggest cryptocurrency companies have confirmed lay-off plans amid an industry crunch that has seen US$170 billion wiped off bitcoin’s market value this year. Beijing-based Bitmain Technology, the world’s biggest maker of cryptocurrency mining rigs, said in a statement that the...

Bitmain Closing Israeli Development Center

The development center of Bitmain set up in Ra'anana two years ago under Gadi Glikberg will close this week and its 23 employees will be laid off, "Globes" learned this morning. Glikberg, who is a VP at Bitmain, will also leave. The Israeli activity...

Bitcoin BCH Hash War Will be Decided by Sustained

With the Bitcoin BCH network upgrade on November 15, a hash war has begun with miners voting between Bitcoin SV and Bitcoin ABC - two competing implementations of the BCH protocol. As fully expected, Bitcoin ABC appeared to take a temporary lead on the...

Investors Losing Interest in ICOs

Autonomous Research noted three reasons that could explain the drop in token sale activity. “First, perhaps investors have devalued the idea of buying a utility token (does nothing yet, legally non-binding), and instead want to buy equity in the same companies,” the firm wrote....

Bitmain Acquires Bitcoin Cash Wallet Telescope

Bitmain announced Monday it has acquired the startup behind an open-source bitcoin cash wallet called Telescope. The browser-based wallet was launched earlier this year in an effort to enable instant bitcoin cash transactions. At present, Telescope can operate on Google Chrome or Mozilla Firefox,...