Section of power in Bitmain. Jihan Wu removed from the post of Director
Source:
According to one of the thematic Chinese news agencies Sanyan Blockchain, co-founder of mining company Bitmain is no longer able to influence corporate decisions. Citing an unnamed source "financial news", the reporters quote a lawyer of the company. He claims that as a result of redistribution of posts in the Executive Board of Wu demoted from Director to supervisor. Currently, Wu owns 20.25% of the shares of giant in the industry of Bitcoin mining. The incident occurred three months later after Bitmain is estimated at $ 18 billion .
The Supervisor does not have the right to vote, so it [Wu] competence has diminished. Now he can't make corporate decisions.
Perhaps the decision to downgrade has something to do with the judicial proceedings regarding the financial situation Bitmain. There are even suspicions that the company has long been able to announce . In addition, Сointelegraph reports of serious disagreements with the co-founder Wu Mikri Zhang.
the?
Recently, the company has suffered at the hands of an unknown hacker who managed to steal purses mining giant. Bitmain as a whole was in danger of losing market share mining-oborudovanie. For example, Sia , which aims to overcome the monopoly Bitmain — now miners of this manufacturer can not produce Siacoin. Perhaps the example will be followed by other projects.
Source: Criptonoticias
We will Remind, last week the company released a new version of the miners . Not so long ago, Bitmain urgently shipped in the Xinjiang Uighur Autonomous region of China. Most likely, this is done to gain an advantage before coming . More data to search for .
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