2019-08-24 10:00:10

Bitmain huge order takes company valuation to $12B

A Bitmain huge order for over six hundred (600) mining machines has taken the total company valuation to above twelve billion dollars ($12B). This investment in mining equipment to get a hold of the remaining crypto in the market- or to be exact- the remaining Bitcoins (BTC) in the market. The new order placed by Bitmain is to increase mining capacity by fifty (50%) percent for the company, in the following six months. It’s a relatively smarter move, given the fact that the market does not have much to offer with seventeen million (17,889,700) Bitcoins- at the time of writing-

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