Bitmain Likely Lost $400 Million Last Quarter
Bitcoin mining behemoth Bitmain likely posted a net loss of nearly $400 million last quarter, the China-based firm’s recently-filed public offering documents reveal. Much information about the company is redacted in the public versions of those filing documents, but, according to a thorough analysis published by BitMEX Research, there is enough data to glean that Bitmain […]
Vietnam Confirms Suspension of Bitcoin, Cryptocurrency Miner Imports
After months of deliberation, Vietnam has moved to halting imports of cryptocurrency mining equipment according to a customs department in the country. Domestic businesses and individuals have stopped importing crypto mining equipment altogether since the beginning of July, according to the Ho Chi Minh City (HCM) Customs Department, as reported by Viet Nam News on […]
