The nearly listed Chinese mining giant will increase its manufacture capacity by 50% within the next six months, a source affirms. According to the inside sources, the company is set to buy 600,000 mining chips from a Taiwanese manufacturer. This could be interesting news as the price of Bitcoin has risen it seems that Bitmain are back! Apparently, the chips will be 7nm with the hash rate of 50 tera hashes per second. It’s about time the company got some good news after a tough 2018. The company was nearly listed but failed at the final hurdle. They also lost a massive share of the business as rivals like Canaan Creative stole their thunder. It has been said the company even had to shut down some of its operations and the debt spiralled to a reported USD 625 million. This year has seen the companies fortunes turn as the Bitcoin price rise meant it became profitable to kick start operations and even expand. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next Trump’s fire and fury cause yield curve inversion, recession around the corner? FX Street 4 years The nearly listed Chinese mining giant will increase its manufacture capacity by 50% within the next six months, a source affirms. According to the inside sources, the company is set to buy 600,000 mining chips from a Taiwanese manufacturer. This could be interesting news as the price of Bitcoin has risen it seems that Bitmain are back! Apparently, the chips will be 7nm with the hash rate of 50 tera hashes per second. It's about time the company got some good news after a tough 2018. The company was nearly listed but failed at the final hurdle. They also lost… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
