New Study Highlights the Many Positives of Bitcoin Mining

[emjay825]

It’s become fashionable in public circles to bash Bitcoin on account of its energy consumption. Virtually every week, mainstream media (MSM) attacks bitcoin mining, painting alarmist pictures of a planet burning due to the ‘wasteful’ design of Proof of Work. The reality is less cut-and-dried. Bitcoin’s defenders have been hitting back lately, with one new study highlighting the many positives of PoW. More!

[densuj]

Bitmain Technologies is planning to pursue an initial public offering in Hong Kong, making it one of the first major instances where the traditional capital markets and the newer cryptocurrency world will collide.

The Wall Street Journal reported that Bitmain’s financial statements, which were released in a 438-page filing with the Hong Kong stock exchange, confirmed Bitmain’s intention to go public. The deal could, according to analysts and investors familiar with the matter, raise billions of dollars and place the crypto mining giant on par with some of the largest companies in the world. Read more on here guys to getting more information : https://btcmanager.com/bitmain-reports-2-8-billion-in-revenue-ahead-of-ipo/