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The crypto mining business has become a multi-billion dollar industry, and one company has had the lion’s share. Bitmain Technologies has dominated the mining hardware manufacturing industry, and according to a new report, the firm is now valued at over $14 billion. The report further revealed that the Beijing-based firm had made $1 billion in … Read more
In recent cryptocurrency news from China, three cryptocurrency mining hardware manufacturers have been valued at more than $1 billion USD, Bitmain has supported the launch of a research center for digital financial assets at Tsinghua University, and more than 3,000 companies were found to have registered blockchain-themed business names during the first half of 2018. … Read more
Canaan Creative Co. Ltd, the Chinese company behind the Avalon lineup of hardware equipment which produces ASIC mining chips and rigs, has officially submitted a listing application to Asia’s third-largest equities market – the Hong Kong stock exchange. Also Read: HTC to Launch Its Own Cryptocurrency-Focused Smartphone, Exodus $1 Billion IPO Canaan posted a preliminary prospectus … Read more
Securities investors may be able to get more exposure to the bitcoin market soon as one of the leading mining producers, Canaan, is thinking about going public. Everyday people may soon be able to mine cryptocurrency right on their smart TVs, if the company has its way. Also Read: Stanford, Wharton and Georgetown Expand Bitcoin … Read more
