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  •   Reposted from Viktor Solodovnikov
    A bear market has spoiled Bitmain financial reports. Will an IPO take place?

    Mining giant Bitmain lost about $ 500 million in the third quarter of 2018 amid a bear market cryptocurrency.
    Easy calculations
    The Beijing-based company recently provided an update on its finances of the Hong Kong Stock Exchange (HKEx), which is reviewing Bitmain's initial public offering (IPO), first submitted in September.
    The update showed that Bitmain earned about $ 500 million in the first nine...
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