Another Bitcoin Miner Maker Is Looking For to Go Public in Hong Kong

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Ebang Interaction, one of the largest bitcoin mining chip makers in China, is seeking to go public on the Hong Kong Stock Market (HKEX).

The business Ebang Interaction begun by making hardware items for the telecommunication market. The company later moved into the cryptocurrency mining company by introducing its own Ebit miners in 2016 to take on Chinese bitcoin mining huge Bitmain and Cannan Creative.Notably, the monetary

file shows that in 2017, 94.6 percent of Ebang’s income was created from the sale of bitcoin miners. That number has also grown substantially from just 31 and 42 percent in 2015 and 2016, respectively.According to the document, Ebang is also in the process of making its own 7nm bitcoin miners. As previously reported by CoinDesk, Japan’s IT huge GMO Web has already launched the world’s very first bitcoin miner equipped with a 7nm chip. Bitcoin miner image via Shutterstock The leader in blockchain news, CoinDesk is a media outlet that makes every effort for the highest journalistic standardsand abides by a stringent set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which buys cryptocurrencies and blockchain startups.! function( f, b, e, v, n, t, s) (window,.
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