Red Envelopes and BCH: Prominent Mining Execs Jiang Zhuoer and Jihan Wu Bolst...
In recent days, bitcoin cash has seen significant gains, and supporters of the digital currency have been positive about specific developments, like the internet entrepreneur Kim Dotcom’s current support. On February 11, the Chinese New Year, the prominent bitcoin mining executives, Jiang Zhuoer and Jihan Wu joined a Satoshi’s Angels discussion channel and spoke favorably about the peer-to-peer crypto-asset bitcoin cash. The well known mining executives, Bitmain cofounder Jihan Wu and Btc.top founder Jiang Zhuoer seem very bullish about bitcoin cash (BCH), according to a couple....
Related News
The founder of Bitcoin mining pool BTC.TOP, Jiang Zhuoer, has made another prediction on the future of this sector in China. Large BTC mining operations have been forced out of the country, as the Asian Giant crackdowns on the industry. Back in June, Zhuoer dismissed the new measures imposed on China as “not as serious”. […]
China is set to clarify its new policy for the Bitcoin mining sector in the coming weeks. For the first time, a high-ranking Chinese government official has spoken about a change in the status quo that rules this BTC mining. Jiang Zhuoer, founder of BTC.TOP, one of the world’s largest crypto mining operations, shared some […]
Bitcoin price is losing bullish momentum. Although it has still managed to hold above support at $55,000, after a failed attempt to clear the $60,000 resistance, the trend has been down over the last week (-6.6%). Jiang Zhuoer is the CEO of BTC.Top mining pool, he claimed things might continue to go south during the […]
Jiang Zhuoer, a former employee at China Mobile in Shanghai, the world’s largest mobile phone operator, where he led a 13-men team working on Data Warehouse and Big Data before establishing BTC.TOP, a new bitcoin mining pool that has suddenly shot to around 8% of the network’s hashrate, tells CCN in an interview: “The market needs big blocks. If Core doesn’t want to (or can’t) give it, the market will take it by itself. No one can go against the market, unless he can show more money.” Zhuoer, who speaks in broken English, therefore his quotes have only cosmetically been modified to make....
Miners are making bank amid the price rally as manufacturers struggle to produce chips. After a tumultuous 2020 that continued into Bitcoin (BTC) setting new all-time highs in 2021, Bitcoin miners are facing a bittersweet scenario — profits have skyrocketed, but multiple issues prevent them from buying more devices and boosting Bitcoin’s hash rate.According to the founder of major mining pool BTC.Top, Jiang Zhuoer, global electronics supply chain issues are having their effect on the mining industry as well. Speaking with Cointelegraph, he said:“There is definitely a shortage of equipment....