Chinese Bitcoin Mining Company profits are as much as Nvidia Does

in #updates7 years ago

According to a new report by Bernstein Analysts, A Beijing based Bitcoin mining startup called Bitmain made their profits to $3 Billion to $4 Billion which is what approximately equal to the profits of Nvidia.
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The Bernstein analysts said that "Bitmain" achieved this in merely four years while it took Nvidia 24 years to get there.