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🇨🇳 PoW China Report Profile picture
🇨🇳 PoW China Report
@PoW_cn
Authentic reports on the Chinese crypto scene from people in the know. No BS.
Aug 28, 2018 • 5 tweets • 2 min read
In yet another blow to #Bitmain, @caijing (a major Chinese financial publication) just published an exposé on the #BitmainIPO debacle. m.caijing.com.cn/api/show?conte… To sum it up: 1) Alleged Q2 losses in the $600-700 million range due to BCH holdings 2) Tencent and Softbank have denied pre-IPO involvement 3) Team behind S7/S9 now at Whatsminer 4) AND lost a patent case against Whatsminer