2018-8-24 08:20 |
Chinese crypto mining chips producer Bitmain may be losing its competitive advantage, Bernstein report suggests.
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The top cryptocurrency mining company might be losing its edge as demand for its products is under pressure and competition grows stronger, according to analysts. “The Competitiveness of Bitmain’s Chips is in Question” A recent report of analysts led by Mark Li at Bernstein holds that the Beijing-based mining company, which was co-founded by the 32-year-old Jihan Wu, might have to write down the actual value of its inventory.
2018-8-23 16:00 | |
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According to analysts, the largest producer of Bitcoin mining equipment may be losing its position at the top of the industry. Bitmain Threatened on Multiple Fronts Despite moving to launch an initial public offering (IPO), competition, dubious speculation on certain digital assets, and lessening demand for hardware are undermining Bitmain’s dominance.
2018-8-23 02:00 | |
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Crypto mining giant Bitmain may be losing its advantage in developing miners amid other potential cash-flow issues, according to Alliance Bernstein.
2018-8-22 18:16 | |
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Bitmain, the China-based cryptocurrency mining behemoth, has acquired the status of a legend in the industry, with a ton of mystery surrounding its operations. The company is undoubtedly one of the most profitable cryptocurrency businesses in the world.
2018-8-22 15:55 | |
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Chinese tech conglomerate Bitmain has been the dominant force in crypto mining for the past year. However according to analysts at Sanford C Bernstein & Co. it may be losing its edge as rival firms enter the market and demand dwindles as markets continue to decline.
2018-8-23 13:23 | |
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