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Bitmain News and Articles



Bitmain expects positive results despite $625 million losses

Bitmain expects positive results despite $625 million losses

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The leading manufacturer of Bitcoin mining equipment Bitmain suffered losses in January-February of 2019 totaling $625.000.000. Nevertheless, the company expects that high demand for new 7-nm devices will allow it to end the year with positive results, writes Cryptoglobe with reference to local...

Bitcoin rises and Bitmain crypto-billionaire is starting new projects

Bitcoin rises and Bitmain crypto-billionaire is starting new projects

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Wu Jihan a co-founder of Bitmain Technologies has gathered a group of mining giant’s former employees to start a new cryptocurrency economic services startup, hoping to profit on Bitcoin’s resurgence. Wu’s latest endeavour is a one-stop platform for over-the-counter selling, lending and...

Bitmain for ICO

Mining giant Bitmain may apply for an IPO in the US

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One of the world's largest producers of mining equipment, Bitmain, is preparing to submit another application for an IPO, but this time in the US, not Hong Kong, Bloomberg reports, citing well-informed sources. Thus, the company, the investment valuation of which in 2018, according to various...

Mining giant Bitmain is planning to launch an IPO in the US

Mining giant Bitmain is planning to launch an IPO in the US

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Bitmain technologies Ltd., one of the chief crypto mining hardware corporations, decided to start an IPO in Hong Kong in September 2018. It even registered an IPO on the HKEX, but the attempt faced with some hardness and the corporation stopped the process. Now, as Bloomberg reported, the mining...

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