Monday, January 30, 2023
HomeNewsBitmain Brand Co-Opted by ‘MangoCoin’ in Cloud Miner Sale

Bitmain Brand Co-Opted by ‘MangoCoin’ in Cloud Miner Sale

MangoCoin (MGC), a little-known cryptocurrency, has fraudulently used the Bitmain brand in the sale of the so-called “Bitmain Cloud Miner,” according to a blog post by the cryptocurrency mining tech giant.

“‘Mangocoin (MGC)’ and its website, APP, social media accounts, WeChat groups, QQ groups, etc. are not business channels or platforms of Bitmain, and these have no connection or affiliation with us whatsoever,” the blog post states. “ The ‘Bitmain Cloud Miner’ on any platform of ‘Mangocoin (MGC)’ is not developed by Bitmain.”

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Bitmain may also seek legal action against Mangocoin: “we resolutely adopt legal means to protect ourselves and our customers’ rights and interests.” Bitmain had not responded to requests for commentary at press time.


The block was reportedly rejected because of an erroneous Coinbase transaction that was included inside of it.


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