It’s no secret that Bitcoin mining was a profitable business venture last year β€” but just how profitable was it? First to the Gold Rush 2017 was an extremely profitable year for Bitmain Technologies Ltd., a privately owned Bitcoin mining company headquartered in Beijing, China. In addition to operating several of the world’s largest Bitcoin mining pools, Bitmain manufactures ASIC chips and the mining hardware that uses those chips. All total, the company raked in Read More The post Bitcoin Mining Giant Bitmain Raked in $3 to 4 Billion in Profits Last Year appeared first on Bitcoinist.com.



via ICGO https://www.icgo.co.uk/redirect/?url=http://bitcoinist.com/bitcoin-mining-giant-bitmain-raked-3-4-billion-profits-last-year/