Hexbyte  Hacker News  Computers Crypto mining giant Bitmain reveals heady growth as it files for IPO

Hexbyte Hacker News Computers Crypto mining giant Bitmain reveals heady growth as it files for IPO

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After months of speculation, Bitmain — the world’s largest provider of crypto miners — has opened the inner details of its business after it submitted its IPO prospectus with the Stock Exchange of Hong Kong. And some of the growth numbers are insane. The document doesn’t specify how much five-year-old Bitmain is aiming to raise from…

Hexbyte  Tech News  Wired The Dark Side of the Crypto Revolution

Hexbyte Tech News Wired The Dark Side of the Crypto Revolution

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The bitcoin Hodlers, ICO hustlers, and Lambo-owning crypto millionaires would like you to know that the cryptocurrency revolution is upon us. Before long you’ll be making breakfast on the blockchain! But as the trustless, decentralized world of digital tokens expands—and Fortune 500 companies, banks, restaurant chains, and even countries (ahem, Venezuela) cautiously wade in—a credibility…