Battle of Bitmain: recently ousted co-founder Wu Jihan is back

The leadership at cryptocurrency mining rig maker Bitmain has switched again with the re-ousting of co-founder Zhan Ketuan from the helm of the company’s Beijing operations, rival co-founder Wu Jihan said on Monday.Why it matters: The leadership drama at the world’s leading mining equipment maker is almost a year running. It has caused disruptions in the company’s supply chain, just as product orders from the US accumulate and China’s cryptocurrency regulation is heating up.It is uncertain whether Wu’s reinstatement will be the end of the saga as Zhan has shown an unwillingness to step down ti…

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