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Bitmain Leak Suggests of Even Lower Results in 2019

Published 03/29/2019, 07:48 AM
Updated 03/29/2019, 09:03 AM
© Reuters.   Bitmain Leak Suggests of Even Lower Results in 2019

Bitmain may be facing another disastrous quarter in 2019, after the last few months saw a significant drop in revenues. A leak spreading to social media showed that the leading ASIC producer may have marked results that are 90% lower against the successful months in early 2018. The leak was shared by BTCKING555, a Twitter persona that has been critical of Bitmain.

https://twitter.com/btcking555/status/1111500976186368001

The financial results of the company follow a significant decline in prices for older ASIC models, especially the S9 series, which retail...

This article appeared first on Cryptovest

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