Bitmain Incurred $625 Million in Losses, New Mining Machines to Turn the Tables for Q3

Within the first two months of 2019, privately-owned chips designer for bitcoin mining, Bitmain has reportedly incurred $625 million in losses discloses Bitcoinist. In particular, January’s losses added up to $345 million, followed by February’s additional $280 million. That said, the firm is positive that it can find ways to turn the tables and alter […]

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