The Amount Of Salary Leaks To The Public, Bitcoin Mining Company Bitmain Fires Employees

World-leading Bitcoin mining company Bitmain. (Photo; Doc. CoinCentral)

JAKARTA - Bitmain, a mining company and mining machine developer ASIC Bitcoin, recently fired four of its employees. The dismissal came after they were accused of leaking information about salaries to the public, an act deemed "illegal public announcement of the company about salary releases."

The company has reminded its employees of "Manajemen Standar for External Information Disclosure." This standard requires employees not to share company information with external parties without authorization.

The dismissal came after several Bitmain employees expressed their concern about delaying payment of wages and bonuses in 2022 that had not been paid. They also showed that part of their performance-based salaries and wages were withheld due to cash flow problems in the company.

In an internal message issued by Bitmain, it is stated that "For September, the company has not reached a net positive cash flow, especially in an (new) ASIC order. Therefore, salary payments for September will be temporarily postponed, and will be reviewed after October 7 after holidays."

Bitmain has also reported this incident to educational institutions where the internships involved in this matter are registered. This suggests possible legal consequences they may face. However, Bitmain has not provided public comment on this situation.

On the other hand, Bitmain recently invested in Core Scientific worth $53.9 million to support mining operations and launch their newest mining device, the S21 Antminer series.