$15 Billion Bitcoin Mining Firm Bitmain is Losing Competitive Edge: Analyst

The bad news continues to pile up for bitcoin mining giant Bitmain ahead of its historic public offering. According to Bloomberg, market research firm Sanford C. Bernstein & Co. has published a report alleging that the China-based Bitmain, the world’s largest manufacturer of the application-specific integrated circuit (ASIC) devices that dominate the cryptocurrency mining industry, … Continued

The post $15 Billion Bitcoin Mining Firm Bitmain is Losing Competitive Edge: Analyst appeared first on CCN

Read More