Sources: Bitmain posts a net loss of ~$500M in the third quarter of 2018; the company had disclosed profits of $1B in the first half of 2018 (Wolfie Zhao/CoinDesk)

Sources: Bitmain posts a net loss of ~$500M in the third quarter of 2018; the company had disclosed profits of $1B in the first half of 2018 (Wolfie Zhao/CoinDesk)


Wolfie Zhao / CoinDesk:

Sources: Bitmain posts a net loss of ~$500M in the third quarter of 2018; the company had disclosed profits of $1B in the first half of 2018  —  Mining hardware giant Bitmain lost about $500 million in the third quarter of 2018 amid an overall bearish market for cryptocurrency, CoinDesk has learned.

Sources: Bitmain posts a net loss of ~0M in the third quarter of 2018; the company had disclosed profits of B in the first half of 2018 (Wolfie Zhao/CoinDesk)
Source: Tech Meme