Bitmain Technologies, the world’s biggest supplier of cryptocurrency mining equipment, is expected to post another quarterly loss amid the continued slump in the digital currency market. Photo: Reuters
Bitmain seen posting Q2 loss in Hong Kong IPO filing as cryptocurrency slump erodes mining rig demand
The world's biggest bitcoin miner probably racked up a US$395 million loss in the April-to-June quarter, based on calculations made by the South China Morning Post comparing the first and second-quarter numbers of the Chinese company
Topic |
Digital currencies
Bitmain Technologies, the world’s biggest supplier of cryptocurrency mining equipment, is expected to post another quarterly loss amid the continued slump in the digital currency market. Photo: Reuters