This week the company dedicated to the sale of miners, Bitmain presented the report of the third quarter of 2018, where millionaire losses were recorded.
In total, the company dedicated to the manufacture and marketing of hardware for cryptocurrency mining, stopped receiving 500 million dollars.
In spite of this, the figures had an important upturn, due to the fact that in revenues they obtained 3 billion dollars, much better than during the first quarter where they barely achieved one billion.
Since last year the market for cryptocurrency miners has presented a bearish behavior due to the little interest that there is in this sector of digital assets today.
However Bitmain is determined to continue betting strong in this market. This week the launch of a 7mm chip for cryptocurrency mining was announced
K. Tovar
Source: Coincrispy
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