Jihan Wu - Bitcoin and cryptocurrency news, stories, & headlines

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Jihan Wu

A collection of 7 posts

U.S. Authorities Probe Bitmain Bitcoin Mining Hardware Over National Security Risks

U.S. Authorities Probe Bitmain Bitcoin Mining Hardware Over National Security Risks

Bitmain, the Beijing-based company that dominates the global market for Bitcoin mining equipment, has come under scrutiny from United States authorities over potential threats to national security. Reports emerged on November 21, 2025, detailing a previously undisclosed investigation led by the Department of Homeland Security. The inquiry, dubbed Operation Red

Fire Destroys Structures at BitDeer Bitcoin Mining Site in Ohio

Fire Destroys Structures at BitDeer Bitcoin Mining Site in Ohio

A fire broke out at BitDeer Technologies’ Bitcoin and crypto mining facility in Massillon, Ohio hours ago, destroying two buildings under construction. Local firefighters responded quickly to the blaze at the 221-megawatt site, which remains on track for a phased energization starting in November with a full launch planned for

Hosting Provider Sues Bitmain Over Alleged Breach of Contract Agreement

Hosting Provider Sues Bitmain Over Alleged Breach of Contract Agreement

A legal battle has begun in the Bitcoin mining industry as Old Const, a hosting provider, filed a lawsuit against Bitmain, the world’s leading manufacturer of cryptocurrency mining equipment. The suit, filed in response to Bitmain’s alleged wrongful termination of a hosting agreement, accuses the mining giant of

Jihan Wu and Bitdeer Face Scrutiny Over Transparency and Governance Concerns in Research Report

Jihan Wu and Bitdeer Face Scrutiny Over Transparency and Governance Concerns in Research Report

Bitdeer Technologies Group, a Nasdaq-listed Bitcoin mining company, has come under intense scrutiny following a detailed report by "Callisto Research," an organization that has taken a short position on the company’s stock (BTDR). The report attempts to raise serious questions about Bitdeer’s financial transparency, corporate governance,

Jihan Wu Champions Hydro Cooling as Bitcoin Mining's Future Amid Industry Innovations

Jihan Wu Champions Hydro Cooling as Bitcoin Mining's Future Amid Industry Innovations

Jihan Wu, the influential co-founder of Bitmain and a long-standing advocate for Bitcoin's growth, shared his perspective on the future of Bitcoin mining. Quoting a recent post from Bitdeer, the mining company he founded, Wu emphasized the transformative potential of hydro cooling, a technology he believes will redefine

Bitfufu Secures Massive Bitcoin Mining Boost with Bitmain Deal

Bitfufu Secures Massive Bitcoin Mining Boost with Bitmain Deal

In a bold strategic move to dominate the digital asset mining landscape, Bitfufu, a publicly traded company listed on Nasdaq, has revealed a significant partnership with Bitmain. On January 2, 2025, Bitfufu revealed it had secured a deal to acquire an additional 80,000 Antminer S units, showcasing its intent

Bitcoin's 2025 Bull Market Faces Quantum and Policy Hurdles, Warns Matrixport

Bitcoin's 2025 Bull Market Faces Quantum and Policy Hurdles, Warns Matrixport

The cryptocurrency landscape is full of predictions for next year, but few carry the weight of those from Matrixport, a firm co-founded by Jihan Wu, a noted figure in the crypto industry. As we edge towards 2025, Matrixport's latest analysis, posted below, injects a dose of caution into