alyssa85
Legendary
 Offline
Activity: 1652
Merit: 1088
CryptoTalk.Org - Get Paid for every Post!
|
 |
October 29, 2019, 03:40:57 PM |
|
Bitmain (the backers behind BCHABC) have fired one of their co-founders: https://www.bloomberg.com/news/articles/2019-10-29/top-bitcoin-miner-engulfed-in-power-clash-as-co-founder-oustedBitmain Technologies Ltd.’s billionaire founder Wu Jihan announced Tuesday the resignation of his co-founder, a surprise ouster that appeared to resolve a struggle for control of the world’s largest crypto-mining startup.
Micree Zhan Ketuan, who started Bitmain with Wu six years ago, no longer holds any position at the Beijing-based company effective immediately, Wu said in an internal memo obtained by Bloomberg News. The crypto-entrepreneur warned employees against taking further instructions from Zhan or attending any meetings he convenes, threatening staff with dismissal or criminal charges. Nishant Sharma, a company spokesman, declined to comment on the memo.
Tuesday’s surprise memo is sure to stoke more questions around the world’s largest producer of crypto mining rigs, which Bloomberg News reported had previously failed to pursue a Hong Kong listing of as much as $3 billion.
Bitmain, which was valued at about $15 billion in a private funding round last year, continues to grapple with an uncertain home regulatory environment even as its fortunes wax and wane along with the price of Bitcoin. It’s also said to have considered a U.S. debut, long before rival Canaan Inc. filed for its own U.S. initial public offering.
Wu and Zhan hold 21% and 37% of the company, respectively, according to Bitmain’s IPO prospectus for Hong Kong. Wu was Bitmain’s business head, an avid supporter of digital tokens like Bitcoin Cash. Zhan, on the other hand, led the company’s chip designing team and its foray into artificial intelligence chip-making. This year, Wu founded a crypto financial services startup called Matrixport. He recently took over Zhan as the legal representative of Bitmain’s Beijing entity, according to public company registration information. Hopefully Zhan won't be selling his BCH... |
|
|
|
alyssa85
Legendary
Offline
Activity: 1652
Merit: 1088
CryptoTalk.Org - Get Paid for every Post!
|
|
October 30, 2019, 08:58:14 PM |
|
Some more info on the Bitmain battles: https://www.coindesk.com/leaked-transcript-details-power-struggle-inside-bitcoin-mining-giant-bitmainThey were arguing about layoffs 2019 hasn’t been great for Bitmain, Wu said in Tueday’s internal meeting.
Even with bitcoin’s price rebound, Wu said the company didn’t fully seize the moment.
“Our mining equipment’s market share is declining,” he said. “Our mining pools’ dominance is also declining.”
Indeed, Bitmain’s major rival miner makers including Canaan, WhatsMiner and InnoSilicon have all been able to increase sales following the market boom this year.
Meanwhile, BTC.com and Antpool, Bitmain’s flagship mining pools, lost their long-time dominant positions to Poolin – founded by former BTC.com creators – and F2Pool. Poolin and F2pool are currently the top two mining pools in the world, based on the real-time hash rate distribution. Wu wanted to cut costs and lay people off, Zhan didn't. |
|
|
|
Mrpumperitis
Legendary
Offline
Activity: 2856
Merit: 1075
|
|
November 29, 2019, 03:22:26 PM |
|
|
Bitcoin - Blockchain 1.0 (2009)
Ethereum - Blockchain 2.0 (2015)
Partisia - Blockchain 3.0 (2021)
|
|
|
gentlemand
Legendary
Offline
Activity: 2604
Merit: 3056
Welt Am Draht
|
|
November 29, 2019, 06:08:19 PM |
|
I remember this guy positioning himself as a 'thought leader' and then the BTC price collapsed, he started crying on camera and said Amazoncoin would be better because banks would accept it. The hero we need. And first post in nearly a month? It's sure popping in here. |
|
|
|
|
prologas
Member
Offline
Activity: 219
Merit: 30
|
|
December 03, 2019, 10:19:11 PM |
|
|
|
|
|
|
|
DavidSantamaria
|
|
December 07, 2019, 11:23:39 AM |
|
This blockchain was made by guys wanting to make vanish your coins. I prefer to tell everybody before BCH goes to $12k, if not above. Never use it at all, especially with your smartphones.  |
|
|
|
|
podpod
Jr. Member
Offline
Activity: 442
Merit: 3
|
|
December 22, 2019, 02:59:12 PM |
|
There is only 1 outcome for this stupid project.... Zero!
It will become even more valueless as the weeks go by.
Only fools will buy this coin.
Miners are clever. Just sell and make real value BTC!
|
|
|
|
|
hv_
Legendary
Offline
Activity: 2548
Merit: 1055
Clean Code and Scale
|
|
December 22, 2019, 04:14:19 PM |
|
There is only 1 outcome for this stupid project.... Zero!
It will become even more valueless as the weeks go by.
Only fools will buy this coin.
Miners are clever. Just sell and make real value BTC!
Segwit ponzi has no value Bitcoin must be cash and micropayment. Or it ll die |
Carpe diem - understand the White Paper and mine honest.
Fix real world issues: Check out b-vote.com
The simple way is the genius way - Satoshi's Rules: humana veris _
|
|
|
Globb0
Legendary
Offline
Activity: 2702
Merit: 2053
Free spirit
|
|
December 22, 2019, 04:19:14 PM |
|
Where is your leader memorydealers guy? I haven't heard from him in a while? can he still save you?
|
|
|
|
|
omess
Newbie
Offline
Activity: 8
Merit: 0
|
|
December 24, 2019, 11:49:17 PM |
|
anyone here familiar with the www.bitcoin.com mobile app. I bought some bitcoin cash but they have not appeared on the mobile app. Bitcoin.com supports team is unable to help. Thanks |
|
|
|
|
GreatArkansas
Legendary
Offline
Activity: 2548
Merit: 1397
|
|
December 31, 2019, 03:42:31 AM |
|
anyone here familiar with the www.bitcoin.com mobile app. I bought some bitcoin cash but they have not appeared on the mobile app. Bitcoin.com supports team is unable to help. Oh, I never tried to use bitcoin.com mobile app. But how did you contact them? Did you try it here https://www.bitcoin.com/contact-us/ ? which located on their website. It seems odds why the support of that service unable to help you which they are the one can solve your problem. And I also found out that they have an official forum located here. |
|
|
|
jojo69
Legendary
Offline
Activity: 3402
Merit: 4782
diamond-handed zealot
|
|
January 03, 2020, 12:58:18 AM |
|
the flippening is still on...
right guys?
|
This is not some pseudoeconomic post-modern Libertarian cult, it's an un-led, crowd-sourced mega startup organized around mutual self-interest where problems, whether of the theoretical or purely practical variety, are treated as temporary and, ultimately, solvable.
Censorship of e-gold was easy. Censorship of Bitcoin will be… entertaining.
|
|
|
Hyperjacked
Legendary
Offline
Activity: 1624
Merit: 1126
It's all mathematics...!
|
|
January 04, 2020, 10:27:37 AM |
|
Could be on the verge of a huge move north! Sitting at 224$ BCH  |
@Hyperjacked1 Twitter
|
|
|
presduterte
Member
Offline
Activity: 222
Merit: 58
They call me Rad Rody.
|
|
January 09, 2020, 11:02:24 AM |
|
the flippening is still on...
right guys?
 |
|
|
|
|
Mrpumperitis
Legendary
Offline
Activity: 2856
Merit: 1075
|
|
January 23, 2020, 01:17:55 AM
Last edit: January 23, 2020, 02:53:05 AM by Mrpumperitis |
|
https://www.reddit.com/r/btc/comments/esebco/infrastructure_funding_plan_for_bitcoin_cash_by/Dumbest idea ever...  If these pools want to donate..do it...dont try to soft fork it in for " 6months"(which means 4eva) The whole thing is shady, taxing miners forcing them to pay some shell company in Hong Kong ! I dont care who the Hong Kong group are or what they will do with the funds...they must not get paid this way..end of. This TAX has no consensus and is trying to sneak into a future planned HF that had consensus.... Not Good and very sneaky. I think another HF and split for BCH maybe coming...and a new ATL..
|
Bitcoin - Blockchain 1.0 (2009)
Ethereum - Blockchain 2.0 (2015)
Partisia - Blockchain 3.0 (2021)
|
|
|
xhomerx10
Legendary
Offline
Activity: 4074
Merit: 9036
|
|
January 23, 2020, 01:21:40 AM |
|
What a bullshit story with a misleading title. Spoiler alert - BeeCash didn't save anything - Good thing that guy has his G-shock digital wrist watch on otherwise he would have never known it was 10:00 am and his friend might never have been discharged from the hospital. I know, I know, babies are dying! |
|
|
|
|
hv_
Legendary
Offline
Activity: 2548
Merit: 1055
Clean Code and Scale
|
|
January 23, 2020, 10:23:55 AM |
|
https://www.reddit.com/r/btc/comments/esebco/infrastructure_funding_plan_for_bitcoin_cash_by/Dumbest idea ever... If these pools want to donate..do it...dont try to soft fork it in for " 6months"(which means 4eva) The whole thing is shady, taxing miners forcing them to pay some shell company in Hong Kong ! I dont care who the Hong Kong group are or what they will do with the funds...they must not get paid this way..end of. This TAX has no consensus and is trying to sneak into a future planned HF that had consensus.... Not Good and very sneaky. I think another HF and split for BCH maybe coming...and a new ATL.. Forkeritis is killing any project, cause ppl want to play their balls, agendas, powers. BitCoin is fixxed - designend - done. Specked up and legally binding by only the White Paper No need to play more games with it |
Carpe diem - understand the White Paper and mine honest.
Fix real world issues: Check out b-vote.com
The simple way is the genius way - Satoshi's Rules: humana veris _
|
|
|
Globb0
Legendary
Offline
Activity: 2702
Merit: 2053
Free spirit
|
|
January 23, 2020, 10:37:42 AM |
|
Who needs anything better than the penny farthing? no one
|
|
|
|
|
|
konfuzius5278
|
|
January 23, 2020, 06:32:16 PM |
|
Has anyone an real article about this pool decision about 12,5%?
Will there be something like BCH Classic??
|
|
|
|
cAPSLOCK
Legendary
Offline
Activity: 3878
Merit: 5420
Note the unconventional cAPITALIZATION!
|
|
January 23, 2020, 07:30:39 PM |
|
Has anyone an real article about this pool decision about 12,5%?
Will there be something like BCH Classic??
The more the merrier. One of these things is not like the others. HINT: it's BTC. |
|
|
|
|
|
