Bitcoin Hardware Manufacturer Bitmain Made a Profit of up to $4 Billion Last Year

Bitmain Made a Profit of Up To $4 Billion Last YearThe wealth of bitcoin mining titan Bitmain has long been assumed to be north of “huge”. Thanks to its near-monopolization of the ASIC manufacturing business, Bitmain has effectively had a license to print money. This week, Bernstein analysts released a report into Bitmain’s operations. It estimates the Chinese firm to have made $3-$4 billion last […]

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