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Bitcoin Mining Behemoth, Bitmain, Reaches Stratospheric Valuation After Latest Funding Round

Bitmain, the largest cryptocurrency mining company in the world continues to attain even greater heights. The number one manufacturer of application specific integrated circuit (ASIC) bitcoin miners is now valued at $12 billion. This new valuation follows the recently concluded series B funding round which realized $400 million for the company. There are also reports that Bitmain plans to buy a…
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