Until the end of July the world’s largest manufacturer of mining equipment, Bitmain is planning to complete a round of series C financing and to attract another $1 billion As reported 8btc, then the company’s market value could reach $15 billion.

In August, Bitmain will apply for listing on the Hong Kong stock exchange until the end of the year will hold an initial public offering (IPO).

Now the market share of Bitmain is 3-5 times higher than its nearest competitor – the company Canaan. Mining pools Bitmain account for almost half of the computational resources of the network bitcoin.

Earlier, the founder of Bitmain Jihan Wu said that for 2017 the year the company earned $2.5 billion, which is eight times higher than in 2016.

We will remind, in June, the company Bitmain Technologies has received $400 million from the Chinese units of the venture capital firm Sequoia Capital who led a round of financing of series B. According to the results Bitmain was estimated at $12 billion.

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