Crypto mining giant Bitmain on target for $10B revenue this year

TechCrunch
By Danny CrichtonAug 10, 2018, 11:44 am170 pts
During a gold rush, Silicon Valley’s line is to always invest in picks and shovels instead of mining. Sometimes it pays just to do both. TechCrunch has learned through a company fundraise overview that Beijing-based mining equipment seller Bitmain hit a quarterly revenue of approximately $2 billion in Q1 of…

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