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 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 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
Tech /  Blockchain

exclusive | 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
Zheping HuangYingzhi Yang
Zheping Huang and Yingzhi Yang

Updated: 1:59pm, 28 Sep, 2018

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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 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 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
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