Blockchain goes mainstream

Discussion in 'Cryptocurrencies' started by dealmaker, Sep 29, 2018.

  1. dealmaker

    dealmaker

    Blockchain goes mainstream. Bitmain, the Chinese company responsible for roughly 30% of the world's Bitcoin mining operations, has filed for a Hong Kong IPO, revealing details about the company's earnings. The company reported profit of $742.7 million for H1 this year, almost eight times growth on the same period last year, but analysts suggest the company suffered a massive decline in Q2 this year. A huge percentage of Bitmain's assets are highly volatile cryptocurrencies, many of which have plummeted in value this year. TechCrunch
     
  2. Not sure it is mainstream just because of this......
     
  3. With the technological revolution taking place one thing is for sure that blockchain technology is not just a backbone for cryptocurrency but will strengthen a lot of other sectors of the modern day.