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Bitmain terminates 50% of remaining workforce.

December 25, 2018 — shinohai

Rumors swirling on "executive social media" site LinkedIn hint that mining conglomerate Bitmain is slashing the size of it's workforce by 50%, most of the affected employees being part of a BTrash wallet development team calling itself "Copernicus". The company famously concentrated a large amount of resources towards supporting Roger Ver and mining the Bcash fork of Bitcoin, and are now experiencing the SFYL that naturally occurs when people chase scamcoins. (archived)

Tags: News, Bitcoin, Cryptocurrency, Scams