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The world’s largest maker of cryptocurrency mining chips will likely lay off more than 50% of its staff, according to reports
Bitmain may start a massive round of layoffs this week that could impact more than 50% of its employees, according to a report by CoinDesk on Tuesday.
Chinese crypto mining company Bitmain has filed IPO documents with the Hong Kong Stock Exchange. The preliminary documents show Bitmain had revenues of $2.8 billion in the first half of 2018.
The world’s largest maker of bitcoin mining chips is reportedly hoping to raise $18 billion in what could be one of the largest IPOs in history
Cryptocurrency mining chip maker Bitmain hopes to raise $18 billion for an IPO in the coming months, according to documents obtained by CoinDesk.
The world’s largest producer of bitcoin mining chips, which is run by a 32-year-old billionaire, is reportedly considering an IPO
As Bitmain Technologies expands into developing chips for artificial-intelligence computing, it might be considering going public.
The new ASIC machine is expected to be 2.5 times as powerful as current GPU's, RBC Capital Markets said.
Samsung had hinted ...