//Chinese Bitcoin Mining Firm Bitmain Made $3 to $4 Billion in Profits Last Year, Says Analyst

Chinese Bitcoin Mining Firm Bitmain Made $3 to $4 Billion in Profits Last Year, Says Analyst



Bitmain, a privately held Chinese firm that manufactures Bitcoin mining hardware and runs its own mining operations, made $3 billion to $4 billion in profits in 2017, according to estimates by Bernstein Research released this week. Bitmain manufactures specialized hardware that performs the …

Source: Chinese Bitcoin Mining Firm Bitmain Made to Billion in Profits Last Year, Says Analyst