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bitmain's IPO: looming threats and insights from a Bear market

When Bitcoin mining and ASIC miner-producing juggernaut **bitmain** released its IPO prospectus to the Stock Exchange of Hong Kong in September 2018, the world got to take a peek at some wild growth rates in the cryptocurrency industry not purely linked to astronomical gains from market speculation. The most impressive component is the leap from bitmain’s 2016 revenue ($278M) and profit ($11...

Path: Blog