BTC.com to Mine ETH and ETC

New pool will support the mining with video cards and CPUs
30 August 2018   1628

Sponsored by the Chinese mining giant Bitmain, BTC.com mining pool expands its service by adding the ability to mine Ethereum and Ethereum Classic, CoinDesk reports.

BTC.com, which claims that its share accounted for 21% of all blocks of bitcoin mined last year, will add new functionality on its portal pool.btc.com. The service will allow the miners to switch their hash capacity from one pool to another, depending on what it seems most appropriate in a specific market environment.

According to the announcement, thus BTC.com wants to "help Ethereum to scale its mining infrastructure".

GPU miners are versatile, still profitable and are not easily replaced in a bear market. It's common for miners to split investment into both. Also, there are already ASIC miners for ethereum and ethereum classic which are easier to set up and are dedicated to ethash mining. This will save us from supporting a huge list of GPU coins simultaneously.
 

Zhong Zhuang

Bitman

Company note that the new pool will support the mining with video cards and CPUs, despite the fact that this year Bitmain released its own ASIC-miner, focused on the Ethereum.

In the future, BTC.com may launch other mining pools targeting "popular coins", such as Litecoin, ZCash and Monero, but Zhuang refrained from more specific applications. Before any decision is taken, the company needs to evaluate the network of the cryptocurrency, the quality of its code, the roadmap and the volume of trades, he explained.

Bitmain IPO Application Deadline to Expire

According to the latest statement, team doesn't lose spirit and appointed new CEO
26 March 2019   84

The application of the Chinese mining company Bitmain to conduct an initial public offering (IPO) on the Hong Kong Stock Exchange (HKEx) expired yesterday, March 25. This is reported by the Cointelegraph.

The company filed an application six months ago, for which it provided financial statements to the HKEx committee. However, during this period, the hearing on the application did not take place.

To re-register an application to HKEx, the company will need to disclose financial statements for the third quarter of 2018.

Today, 26.03.19, Bitmain published a blog post, in which it reported in new CEO Haichao Wang appointment and share some plans.

Bitmain’s listing application to HKex in September 2018 has reached its 6-month expiration date. We do recognize that despite the huge potential of the cryptocurrency and blockchain industry, it remains a relatively young industry which is proving its value. We hope regulatory authorities, media, and the general public can be more inclusive to this young industry. We will restart the listing application work at an appropriate time in the future.
 

Bitmain Team

In November 2018, an application for an IPO from a mining company Canaan Creative was canceled.