Cryptocurrency mining giant Bitmain is locked in a legal battle with three former employees who started a rival mining pool. Bitmain, the owner of BTC.com, the world’s top bitcoin mining pool by hash rate, is suing the co-founders of Poolin, the seventh-largest pool, for allegedly violating a non-compete agreement – and it’s demanding $4.3 million in damages from one of them. Auto Added by WPeMatico Recent Posts. Bitcoin Price Hits Resistance After Surge to $9.6K — Is $10K Next? The CoinDesk 50: Binance Eyes the Whole Pie; On-Chain Data: Even After $5,000 Gain, Bitcoin Shou Latest Bitcoin News, Updates, Live Rates Investements Cryptocurrency Latest News and Updates. Monthly Archives: May 2015 Weekly Bitcoin News Roundup: OKCoin, BitcoinTalk and Block Size Debate . Leave a reply. If you haven’t had time to keep up with the news over the past week and are just now sitting down with your coffee in hand, here’s what you missed (each title links to the original article to read in full): Roger Ver Accuses OKCoin of Forgery and Breach of Contract. Roger Ver ... Mysterious Bitcoin mining pattern potentially solved after seven years; Price analysis 8/31: BTC, ETH, XRP, LINK, BCH, LTC, BSV, CRO, BNB, EOS; Secret contracts may soon bring privacy features to public Blockchains; Cred to enable in-app staking through Klever wallet; Mining rig manufacturer Canaan announces narrowing net loss in Q2 results Auto Added by WPeMatico Top cryptocurrency mining rig maker Bitmain may be in for some administrative changes soon, with Wang Haichao, currently head of product engineering, tipped to be the new CEO in place of co-CEOs Wu Jihan and Zhan Ketuan, as reported by South China Morning Post.. Currently, no public announcement has been made by the company or any of the parties involved about this major managerial shift.
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