Bitmain

Miners flee to Ethereum Classic as ‘The Merge’ arrives

The Merge, the long-awaited software upgrade that promises to make Ethereum transactions a lot greener, is expected to put miners out of jobs. But miners are not quitting outright. With big bucks inve

Bitmain co-founder welcomes crypto regulation to restore market confidence

The collapse of Three Arrow Capital and the counterparties wrapped in the crypto hedge fund’s troubles have drawn questions about the soundness of the heady digital asset investment space. For t

Crypto exchange Liquid says it is now valued at over $1 billion following new investment

Crypto has a new unicorn after exchange Liquid announced today it has raised capital from investors at a valuation of more than $1 billion as it goes after expansion opportunities. The company said th

Crypto mining giant Bitmain is reportedly getting a new CEO as its IPO plan stalls

Bitmain, the Chinese crypto miner maker, looks like it has reached an interesting point in its pathway to going public. There’s been little heard since the company filed to go public in Hong Kon

As Bitcoin sinks, industry startups are forced to cut back

Bitmain, Huobi, ConsenSys and Steemit are among the cryptocurrency startups to complete layoffs in the last month.

After losing half its value, Nvidia faces reckoning

Nvidia is a company that has reached the highest highs and the lowest lows, all in the span of a couple of weeks. TechCrunch is experimenting with new content forms. This is a rough draft of something

WTF is happening to crypto?

Four days ago the crypto markets were crashing hard. Now they’re crashing harder. Bitcoin, which hasn’t fallen past $6,000 for months, has dumped to $4,413.99 as of this morning, and nearl

SoftBank pays big, SurveyMonkey goes public and JUUL’s next step

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. This week on Equity, the gang was back together. We had the ever-ex

Bitmain IPO concerns: the crypto giant recorded a big loss in Q2 2018

Bitmain’s IPO is the big news in the crypto world this week. The company just filed its IPO prospectus and the numbers are impressive, particularly the year-on-year growth between the first si

Crypto mining giant Bitmain reveals heady growth as it files for IPO

After months of speculation, Bitmain — the world’s largest provider of crypto miners — has opened the inner details of its business after it submitted its IPO prospectus with the St

China is beating the US on AI, says noted investor Kai-Fu Lee

America may have created AI, but China is taking the ball and running when it comes to one of the world’s most pivotal technology innovations. That’s according to Kai-Fu Lee, a world-renow

Crypto mining giant Bitmain on target for $10B revenue this year

During a gold rush, Silicon Valley’s line is to always invest in picks and shovels instead of mining. Sometimes it pays just to do both. TechCrunch has learned through a company fundraise overvi