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

MrCrypto MrCrypto
August 23, 2018
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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,

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