Tag: Swan Bitcoin
Swan Bitcoin Claims Ex-Employees ‘Stole’ its Mining Business at Tether’s Direction
With the tacit blessing of Tether, as well as an alleged agreement to provide “legal cover” for the coup, Swan claims, in mid-July Zagary began to “so [...]
Cory Klippsten’s Swan Bitcoin Drops IPO Plan, Cuts Staff and Will Shut Managed Mining Unit
Earlier this year, Swan said it will go public within the next 12 months and the mining unit had 160 megawatts (MW), or 4.5 exahash per second (EH/s), [...]
Swan Bitcoin Unveils BTC Mining Unit as Parent Company Prepares to Go Public
The miners have faced a brutal crypto winter as their revenue is directly correlated to the price of bitcoin. At the depth of the bear market, many la [...]
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