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Cryptopolitan 2020-01-08 06:54:11

Bitmain Cofounder expresses disapproval over 50% layoff

In a recent tweet the Bitmain cofounder Micree Zhan, who also happened to accuse the management board of wrongfully dismissing him, expressed strong disapproval over the mining firm’s decision to shed as much as fifty percent (50%) of its workforce. For this cryptocurrency mining giant, the latter half of 2019 turned out to be a period when things begin to go downhill. Come 2020, and there seems to be no respite to this state of deterioration. In October 2019, Bitmain cofounder Micree Zhan was ousted from the company following a severe power struggle. Since then, Zhan has been in the

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