Bitmain’s Power Struggle Intensifies To Physical Brawl Ahead of Bitcoin Halving

Exiled Bitmain co-founder has moved to reinstate his position after recently gaining partial legal victory  This resulted in a physical brawl with current CFO Luyao Liu, leading to the intervention of local police The senior management tensions at Bitmain are hurting the mining giant ahead of 3rd Bitcoin halving On May 8, 2020, the ousted co-founder of Bitmain, Micree Ketuan Zhan, was reportedly surrounded by a group of 50-odd guys led by the company's former legal representative and CFO Luyao…

MicroBT Becomes A Major Competition for Bitmain in The Crypto Mining World

It's no doubt that the coronavirus pandemic has vastly affected the financial world. It is so much that its effects have been seen in the global Bitcoin mining power, reducing the growth of the computing power of the Cryptocurrency. Different miners in the industry, especially in the Asian regions, have seen different experiences, with others increasing their market share while others struggle to maintain balance. Among the platforms that dominate crypto mining is Bitmain, which has been the leader since 2017.…