Tag Archives: jihan wu

Bitmain Replaces CEO Jihan Wu After Bitcoin Cash Gamble Fails

Inside sources say that Bitmain Technologies plans to name a replacement CEO to take over from co-founders Jihan Wu and Ketuan Zhan. New Bitmain CEO According to the South China Morning Post (SCMP), the Bitcoin mining behemoth is looking to name a new CEO to replace the company’s co-founders. Anonymous sources say, Haichao Wang, the current Engineering Director is… Read More »

Bitmain Co-CEOs to Keep Decision Making Power in Executive Swap, Report

Chinese Bitcoin mining giant Bitmain’s co-founders Jihan Wu and Micree Zhan Ketuan will quit their posts as co-CEOs but still steer the company’s important decisions. Hong Kong-based English-language news outlet South China Morning Post reported the news Jan. 10. Referencing anonymous “people familiar with the matter,” the publication said Bitmain’s director of product engineering Wang Haichao would likely… Read More »

Bitmain Poised to Appoint Tech Chief as New CEO, Says Report

Cryptocurrency mining giant Bitmain may be about to appoint an existing executive to lead the firm as its new CEO. A South China Morning Post report citing people with “knowledge of the matter” said Thursday that the “potential successor” of the firm’s current co-CEOs Jihan Wu and Micree Zhan is Haichao Wang, currently Bitmain’s director of product engineering. Wang has… Read More »

Bitmain Secretly Replacing Company’s Product Engineer As its New CEO

When it comes to bitcoin mining pool, Bitmain’s name often appears on top. Very recently, Beijing based Bitmain which is the world’s biggest crypto mining firm has confirmed the layoff plans as a part ‘to live up the company’s mission’. Co-Founders To Step Aside Per the South China Morning Post, Bitmain Technologies is naming a product engineering director… Read More »

Rumor: Jihan Wu and the Jenke Group to Retire as CEOs of Bitmain

With the New Year only hours away, news reaching Ethereum World News indicate that the giant Bitcoin mining and ASIC manufacturing company of Bitmain might be undergoing some radical top management changes. According to reports by both Cointelegraph and Odaily, Jihan Wu and the Jenke Group will soon be retiring as CEOs of the company. Odaily went to… Read More »

Bitmain: Chinese Media Reporting Jihan Wu and Micree Zhan to Step Down

The year is not ending on a good note for Bitmain. The Beijing-based bitcoin mining giant is possibly looking at the resignation of its CEOs Jihan Wu and Micree Zhan, according to Odaily, a Chinese media outlet. The company has not officially confirmed any of the media allegations yet. But sources inside the organization have revealed that both Wu… Read More »

3 Reasons Why the Bitmain IPO Could Fall Through

The  ASIC (Application Specific Integrated Circuit) chip manufacturer of Bitmain is a privately held company headquartered in Beijing, China. Founded by Jihan Wu and Micree Zhan in 2013, the firm has grown to become one of the biggest player in designing hardware for mining Bitcoin. The firm also operates the large cryptocurrency mining company’s of BTC.com and Antpool.… Read More »

Is Bitcoin Cash (BCH) Losing Value Due to Bitmain’s Alleged Financial Woes?

The crypto community breathed a sigh of relief after the Bitcoin Cash (BCH) hash wars reportedly ended on the 23rd of November. The Hash Wars that had officially started on the 14th of the same month, were due to two factions of the BCH community not agreeing on which upgrade to implement. This then led to a bitter… Read More »

Why a Little-Known Crypto Mining Firm is Suing Bitcoin Cash’s Biggest Backers

Advertisement After reporting on the story that Miami-based UnitedCorp had filed suit against Roger Ver, Jihan Wu, Bitmain, Bitcoin.com, and Kraken exchange, CCN had the opportunity to talk to Lawry Trevor-Deutsch, Vice President of Corporate Affairs, about the motivation for the lawsuit. The first thing that should be disclosed is that UnitedCorp says that it is not acting on… Read More »