Bitmain Delays Delivery of Bitcoin Miners by Three Months, as Co-Founders Battle for Company Control
Bitmain has delayed shipments of its Antminer bitcoin mining machines by three months, as the tussle between co-founders, Jihan Wu and Micree Zhan Ketuan, for control of the company intensifies. According to a post on Bitmain’s official Wechat account, the Beijing-based bitcoin miner maker said customers whose orders were due for delivery in June and […]
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While shares in Riot Blockchain and Hive Blockchain eclipse Bitcoin’s YTD gains, other mining firms have not fared so well — with Canaan crashing nearly 70%.
Chinese mining company Ebang has yet to see a positive net income in 2020, but an IPO might give it a jumpstart.
Shares of Canaan Creative, one of the few publicly traded crypto miner manufacturers, fell below $2 Monday, their lowest after going public last year.
Some Chinese companies could be left out of the world’s second-largest stock exchange as a result of proposed changes — and crypto is no exception.
The Nasdaq-listed Canaan is being attacked by angry investors who think that the company has exaggerated its financial health
- Analysts urge Bitcoin monetary policy governors to consider bailing out miners
- Canaan execs collectively misread date
A class-action claims the Chinese company misled investors on its financial health ahead of its IPO.
The post Bitcoin mining firm Canaan faces investor suit over $90 million IPO appeared first on Decrypt.
A stockholder of bitcoin mining hardware maker Canaan is suing the company for violating U.S. securities law.
The post Bitcoin mining hardware maker Canaan hit with securities lawsuit in U.S. court appeared first on The Block.