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Learning & News => News related to Crypto => Topic started by: newshunter on November 08, 2019, 01:01:04 PM

Title: Micree Zhan Claims He Was Removed From Bitmain Without Consent
Post by: newshunter on November 08, 2019, 01:01:04 PM

Micree Zhan Claims He Was Removed From Bitmain Without Consent

Micree Zhan, a co-founder of Bitmain, claims he was ousted from the firm without his consent and will return

Source: Micree Zhan Claims He Was Removed From Bitmain Without Consent (https://cointelegraph.com/news/micree-zhan-claims-he-was-removed-from-bitmain-without-consent)

Would appreciate your opinion about this

Title: Re: Micree Zhan Claims He Was Removed From Bitmain Without Consent
Post by: ShadowCrypto on November 09, 2019, 06:20:16 AM

Bitmain began its pivot toward AI in May of last year in the face of a toughening crackdown on the cryptocurrency industry by the Chinese government. At the time, Wu said that the computational intensity of AI meant that it was a natural business alternative to a hardware producer like Bitmain, adding that AI could comprise 40% of the firm's revenue in the next five years.