Chinese Bitcoin Mining Rig Makers Set to Make Billions with IPO Plans

2018-8-30 05:00

The big three in the world of bitcoin mining equipment manufacturers are all planning to list in Hong Kong and raise billions of dollars in the process. An August 27, 2018, Reuters report examined how Bitmain, Canaan Creative, and Ebang are going about their billion dollar IPO plans.

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Источник: btcmanager.com

ipo plans → Результатов: 18

Chia Network Presses On With ‘Accelerated’ IPO Plans Amid Market Downturn

Chia Network will continue with its IPO plans, according to newly appointed CEO Gene Hoffman. The company’s IPO plans have been in the works for years. The post Chia Network Presses On With ‘Accelerated’ IPO Plans Amid Market Downturn appeared first on BeInCrypto.

2023-1-20 10:27
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Bitmain IPO: Softbank and Tencent Reportedly ‘Not Involved’

Two major corporations have publicly denied involvement with the prospective initial public offering (IPO) of cryptocurrency mining giant Bitmain. Source: Tencent ‘Did Not Take Part’ In a fresh round of controversy over the plans, Chinese multinational Tencent and SoftBank, the largest investor in Uber, both rejected press claims they were participating.

2018-8-21 17:30	Tencent
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Bitcoin Mining Juggernaut Bitmain Plans to Launch IPO

Bitmain Technologies Ltd, the world leader in cryptocurrency mining chips is planning on launching an IPO. The company, which was founded by Micree Zhan and Jihan Wu in 2013, designs… The post Bitcoin Mining Juggernaut Bitmain Plans to Launch IPO appeared first on CoinCentral.

2018-8-18 00:41	Bitmain
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Bitcoin Cash Crunch: Bitmain IPO Makes Crypto Industry Uneasy

Cryptocurrency mining giant Bitmain continues to gain attention over its initial public offering (IPO) as critics raise the alarm over its financial outlook. Bitcoin Cash Bets As Bitcoinist reported at the end of July, the manufacturer announced its plans to hold a $14 billion IPO before the end of 2018, having achieved Q1 profits of over $1 billion.

2018-8-13 14:00	ipo
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Bitmain’s Bitcoin Holdings (BTC/BCH) are in the Spotlight as Pre-IPO Investors Dig into Latest Numbers

Criticisms Against Bitmain’s IPO Pile up as Critics Accuse the Company of not Making Q2 Results Public Bitmain has plans of going public and reportedly trying to raise $18 billion USD on the Hong Kong Stock Exchange with a market cap ranging from $40-$50 billion.

2018-8-13 09:26	News
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Crypto Mining Company Bitmain to File $18 Billion Initial Public Offering, An IPO Even Bigger than Facebook’s

Cryptocurrency mining giant Bitmain has released documents revealing that the company is about to go public, with plans to file an initial public offering potentially as high as $18 billion at a market capitalization of $40 to $50 billion, reports Coindesk.

2018-8-11 00:14	Cryptocurrency News
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Canaan Creative Announces World’s First Mining TV Set

The world’s second largest manufacturer of bitcoin miners, Canaan Creative, has unveiled what the company describes as the world’s first bitcoin mining TV set. Also Read: High Times Becomes the First IPO to Accept Cryptocurrencies Canaan Creative to Launch Avalon Mining Television Canaan Creative has announced that it plans to sell a 43” television set that […] The post Canaan Creative Announces World’s First Mining TV Set appeared first on Bitcoin News.

2018-8-4 07:55
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Largest Crypto Miner To IPO In Hong Kong

This week, it was reported that the co-CEO of Bitmain Technologies, the world’s largest cryptocurrency mining company, has revealed plans to conduct an initial public offering in Hong Kong. The IPO would give early investors, including Sequoia Capital and IDG Capital, an opportunity to cash out.

2018-8-1 12:18	News
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Bitmain Posts $1 Billion Dollar Profit in Q1 2018, IPO Plans Underway

Mining giant Bitmain has posted profits in Q1 of 2018 totaling $1. 1 billion. Sources say, “Bitmain plans to file for an IPO very soon. ” An email has been obtained by Term Sheet from a source closely connected to Bitmain.

2018-7-31 04:28	News
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Bitcoin Mining Giant, Bitmain, Records $1.1 Billion Profit in Q1 2018

Bitmain, the Bitcoin mining behemoth continues to enjoy rapid expansion and a greater market share of the cryptocurrency mining niche. The company recently announced plans for an initial public offering (IPO) as well as 2018 first-quarter profits of more than $1 billion.

2018-7-31 00:37
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Bitmain Posts $1 Billion Dollar Profit in Q1 2018, IPO Plans Underway

2018-7-31 23:07	Cryptocurrency News
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Bitmain Plans Overseas IPO, Earned $1 Billion in Net Profit in Q1, Sources Report

Crypto hardware mining giant Bitmain plans an IPO overseas in a U.S. dollar denominated shares market, according to sources

2018-7-31 20:01	Hong Kong
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Bitcoin’ Price Slump Not Stopping Ebang From Moving Forward With IPO Plans

Bitcoin mining manufacturer Ebang seems unfazed by BTC’s price fall; moves forward with IPO plans.

2018-6-26 08:39	News
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Another major mining chips manufacturer in China plans billion-worth IPO

Ebang Communication, one of the largest manufacturers of mining chips in China, has applied for an initial public offering on the Hong Kong Stock Exchange (HKEX).

2018-6-26 14:49	News
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Chinese Cryptomining Chip Giant Bitmain Is Considering an IPO

Bitmain — the largest and most established manufacturer of cryptocurrency mining chips — is considering an IPO, or initial public offering. This could potentially open the company’s books to the world and allow the stock market to assign the company real-time value.

2018-6-11 01:34	Investing

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Bitcoin miner Marathon partners with Kenya to capitalize on excess energy

Marathon Digital Holdings has partnered with Kenya to monetize underutilized energy. Marathon chairman and CEO Fred Thiel signed the agreement with Kenya’s Prime Cabinet Secretary, Hon. Musalia Mudavadi, E.

Bullish hashrate traders expect Bitcoin’s price to go up over next six months

Hashrate forwards signal bullish sentiment as analysts predict higher hashprice in the next 6 months, buoyed by Bitcoin’s $70,000 rally despite challenges. Hashrate futures contracts traders seem optimistic about Bitcoin‘s near-term prospects, with indications pointing towards a bullish sentiment as…

Bitmain-backed cloud mining company BitFuFu’s revenue up 150% in Q1

Bitcoin mining company BitFuFu has rolled out its financial report per Q1, showcasing a 150% increase in total revenue compared to Q1 2023. Bitmain-backed public cryptocurrency mining company BitFuFu’s total revenue in Q1 soared to $144.4 million, representing an increase…

Miners need a Bitcoin use case to stick | Opinion

Currently, Bitcoin mining’s profitability hinges on a temporary subsidy. Emerging technologies supporting steady Bitcoin use cases are required to sustain transaction revenue growth.

AntPool mines 7 consecutive blocks, ‘centralization trend’ continues

Antpool, the second-largest Bitcoin (BTC) mining pool, recently made headlines by successfully mining seven consecutive blocks on May 17, sparking worries within the cryptocurrency community about network security.

As Bitcoin rebounds to $66k, short-term holders sell at ‘basically zero profit’

While large investors appear to demonstrate their interest in Bitcoin, the growth has yet to accelerate in order to make the rally sustainable, analysts at CryptoQuant say. The price of Bitcoin managed to recover to the $66,000 mark late Wednesday…

Creator of the Bitcoin ASIC Says Next Wave of Mining Efficiency is Coming

Canaan (CAN) Inc CEO Nangeng Zhang shares his outlook on the future of bitcoin mining efficiency, chip design and opportunities in artificial intelligence.

2018-8-30 05:00

ipo plans → Результатов: 18

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