2018-8-23 23:39 |
An american analyst claims to see evidences that Chinese mining giant Bitmain is loosing its edge. And volumnous assets in Bitcoin Cash only aggravate the situation.
Similar to Notcoin - Blum - Airdrops In 2024
2018-8-23 23:39 |
An american analyst claims to see evidences that Chinese mining giant Bitmain is loosing its edge. And volumnous assets in Bitcoin Cash only aggravate the situation.
Similar to Notcoin - Blum - Airdrops In 2024
The top cryptocurrency mining company might be losing its edge as demand for its products is under pressure and competition grows stronger, according to analysts. “The Competitiveness of Bitmain’s Chips is in Question” A recent report of analysts led by Mark Li at Bernstein holds that the Beijing-based mining company, which was co-founded by the 32-year-old Jihan Wu, might have to write down the actual value of its inventory.
2018-8-23 16:00 | |
According to analysts, the largest producer of Bitcoin mining equipment may be losing its position at the top of the industry. Bitmain Threatened on Multiple Fronts Despite moving to launch an initial public offering (IPO), competition, dubious speculation on certain digital assets, and lessening demand for hardware are undermining Bitmain’s dominance.
2018-8-23 02:00 | |
Chinese tech conglomerate Bitmain has been the dominant force in crypto mining for the past year. However according to analysts at Sanford C Bernstein & Co. it may be losing its edge as rival firms enter the market and demand dwindles as markets continue to decline.
2018-8-23 13:23 | |
Few days after SoftBank and Tencent disputed their involvement in a widely reported pre-IPO investment round of Bitmain, DST Global denied investment in the giant's IPO as well. The post Investors Deny Participation in Bitmain’s Funding, ‘World’s Largest IPO’ on the Edge of Failure appeared first on CoinSpeaker.
2018-8-23 11:34 | |