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Unconfirmed: Chinese Media Reports Jihan Wu, Jenke Group to Soon Resign as Bitmain CEOs

The CEOs of leading mining ASIC producer Bitmain will be allegedly soon be retiring to give place to a successor surnamed Wang. Jihan Wu and the Jenke Group will be reportedly soon retire as CEOs of leading mining ASIC producer Bitmain. Rumors about their departure were reported by Chinese local media Odaily on Dec. 28.… Continue reading Unconfirmed: Chinese Media Reports Jihan Wu, Jenke Group to Soon Resign as Bitmain CEOs

Bitfury Launches New Generation of ASIC-Based Bitcoin Mining Hardware

Bitcoin tech company Bitfury has released a new generation of ASIC Bitcoin mining hardware, and plans to integrate it into its other mining products. Bitcoin (BTC) mining software manufacturer Bitfury Group has launched a new generation of its BTC mining hardware based on its Application-Specific Integrated Circuit (ASIC) chip Bitfury Clarke, according to an announcement… Continue reading Bitfury Launches New Generation of ASIC-Based Bitcoin Mining Hardware

Australia’s ASIC Reaffirms Crypto Protection Stance Without Stifling Innovation

The main Australian financial regulator has just published its 2018 to 2022 corporate plan. In the document, the Australian Securities and Investments Commission (ASIC) states that it will keep a watchful eye on cryptocurrency and will regulate it to minimise harm whilst preserving the innovative potential of the space. ASIC’s Focus on Harm Reduction Consistent… Continue reading Australia’s ASIC Reaffirms Crypto Protection Stance Without Stifling Innovation