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How Ethereum Miners Can Survive in the Crypto Bear Market?

by Null Transaction PR | May 17, 2022 | ASIC Mining, loyaltech, Press Releases

The cryptocurrency market plummeted in May, Bitcoin and Ethereum have lost 40% of their value compared with their all-time high in 2021, and panic has flooded the entire market. At the same time, the GPU market is also continuing to decline. Many miners have sold...

Bitmain’s Jihan Wu: ASICs Are Making Ethereum Mining More Decentralized

by Wolfie Zhao | Mar 29, 2019 | ASIC Mining, Bitmain, ETHEREUM, Ethereum Mining, News, ProgPoW, Technology News

The Bitmain co-founder says ASIC miners are making blockchains more decentralized and ethereum's ProgPow proposal could still be "ASICable."

Jihan Wu Loses Control of Bitmain as IPO Documents Indicate Profit Figures Were Hyped

by Steve Kaaru | Nov 13, 2018 | ASIC, ASIC Mining, Bitcoin Mining, Bitmain, cryptocurrency mining, Jihan Wu, News

Bitmain has dominated ASIC manufacturing since it was founded in 2013. One man has been at the forefront of this domination, leading the company into the giant that it is today; Jihan Wu. However, it may not be so for much longer, with a Chinese publication revealing...

Bitmain Made $1B in Q1 Profit, Valued at $14B

by Steve Kaaru | Aug 1, 2018 | ASIC Mining, Bitmain, Canaan Creative, Jihan Wu, News

The crypto mining business has become a multi-billion dollar industry, and one company has had the lion’s share. Bitmain Technologies has dominated the mining hardware manufacturing industry, and according to a new report, the firm is now valued at over $14 billion....
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