Bitcoin to Cash has increased, within 24 hours, with a 12.5 per cent from 237 to 266€. This increase has largely to do with the news that in the struggle for power from Bitmain is over. JiHan Wu’s will come out as the winner, and the well known BCH-trailer, run up to the world’s largest miningbedrijf.
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Harsh words
On the 28th of October, a change was made to the company from Bitmain, so Jihan Wu, the executive director and the legal representative of Bitmain, it was. He sent this text in an e-mail to his co-workers.
“The co-founder, chairman, legal representative and executive director of Bitmain, Jihan Wu, has decided to Ketuan Zhan, with immediate effect, to release.
Bitmain staff, and will have no directions and more carry out of Zhan, or participate in, an organized meeting. Bitmain may be, on the basis of the situation, and to consider employment and to terminate those who violate these rules. If the violators, the economic interests of the Bitmain claims, he or she is the legal or civil liability.”
From friends to enemies
Ketuan Zhan, and Jihan Wu, the co-founder of Bitmain, and was until last year CEO’s. The latter was, then, the company has developed, with the aim of in the direction of Bitmain to change it. The company needs to focus more on the development of the AI-stack.
That was, apparently, not very good, because that Bitmain lost about 625 million dollars in the first two months of 2019 at the latest, prior to the planned IPO of the company in the United States of america. With this IPO, hoping Bitmain for $ 1.5 billion to achieve a rating of between 13 and 15 billion us dollars.
Bitmain is now back doing what they do best, and that is the cryptomarkt design.
The Steve Jobs of the mine
Haipo Yang ViaBTC and CoinEX:
“We believe that under the guidance of the lord, Jihan Wu, Bitmain in China after his original heart back, it will focus on its main business, on a regular basis and will continue to, and as a technology company with a world-class is going to be.”
At the height of the crisis, met the President of hard measures, to be in control of the company to get a refund. I hope that he, like Steve Jobs of Apple, the company will, to the glory of god can be made.”