Jihan Wu News
Jihan Wu is a Bitmain — the Bitcoin miner company producing ASIC chips — co-founder and an outspoken supporter of Bitcoin Cash. In 2017, he was ranked one of the 10 most influential figures in the blockchain world by Coindesk. Jihan Wu holds a degree from Peking University and currently lives in China. Before Jihan Wu Bitcoin’s involvement, he had been working as an analyst and private equity fund manager. Wu has translated Satoshi Nakamoto’s white paper into Chinese. In 2013, he became one of three founders of Bitmain, which currently controls the ASIC miner market and the largest mining pool Antpool. This, and his advocacy of Bitcoin Cash, have encouraged some people to criticize him. So, the name of Jihan Wu is one of the most controversial in the Bitcoin community.
Matrixport, a part of Jihan Wu’s Bitmain exit strategy, is now valued at over $1 billion in just two years.
Former Bitmain CEO Jihan Wu raises fresh capital for new crypto unicorn
“I have resigned from the CEO and Chairman of Bitmain as of today,” said Jihan Wu.
Bitmain CEO announces departure in the most crypto way
Bitmain releases a public statement saying that co-founder Zhan’s claims of owning a 36% stake in Fujian Zhanhua are baseless.
Bitmain Calls Ex Co-Founder’s Claims of Holding 36% Equity Baseless
The first Bitcoin Cash halving sees miner exodus, declining profitability and no significant upward price action.
Bitcoin Cash Halving Results in Miner Exodus and Profitability Decline
The ousted co-founder of Bitcoin mining giant Bitmain — Micree Zhan — has issued a statement opposing purported labor cuts at the firm.
Ousted Co-Founder of Crypto Mining Firm Bitmain Opposes Layoffs
Bitmain-backed Matrixport will extend its trading, lending and custody services in Switzerland through its new Zurich office.
Bitmain-Backed Cryptocurrency Startup Matrixport to Open Zurich Office
Bitmain co-founder Jihan Wu claimed that he was removed from the company without his consent and has said he will return, by legal methods if necessary.
Micree Zhan Claims He Was Removed From Bitmain Without Consent