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Monday, 6 January 2020

Moonday Mornings: Bitmain might lay off half its staff ahead of Bitcoin halving


Welcome to Hard Fork’s wrap-up of the weekend’s top cryptocurrency and blockchain headlines you can’t afford to miss. It’s the first Moonday Mornings of the new year! Let’s get to it. 1. Cryptocurrency mining firm Bitmain might lay off half its staff The cryptocurrency mining hardware firm Bitmain might be letting go of half its workforce, according to Chinese outlet Wushuo Blockcahin and reported by Finance Magnates. According to the report, the decision is being motivated by the upcoming Bitcoin halving which is expected to take place in May. The decision is to be finalized during Bitmain‘s annual meeting on…

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