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On Friday, June 26, the China-based Zhejiang Ebang Communication, often referred to as Ebang, will be listed on Nasdaq, according to various reports. Ebang’s initial public offering (IPO) will be the second U.S.-based IPO for an ASIC mining manufacturer joining the company Canaan. The Ebang IPO prospectus was also
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The China-based Ebang International has submitted a revised prospectus for a U.S. IPO as it plans to raise over $100 million by listing its shares on the Nasdaq Global Market under the EBON ticker.After the latest Bitcoin halving in May 2020, the BTC mining rewards have already reduced to half
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Chinese bitcoin miner manufacturer Ebang estimates it incurred a net loss of $2.5 million on a revenue of $6.4 million for Q1 2020. The financial disclosure was posted Wednesday in an update to the firm’s initial public offering (IPO) prospectus filed with the Securities and Exchange Commission (SEC). The filing means
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Bitcoin mining chip maker Ebang International Holdings Inc. is seeking to raise up to $100 million through an initial public offering (IPO) in the U.S. The Chinese company will sell Class A ordinary shares of nominal value HK$0.001 (US$0.00013) per share if its IPO filing is approved.In a filing with
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Four firms are controlling the Bitcoin mining rigs production industry. The biggest gainer? Obviously Bitmain, but who else is in charge of the chip production?TokenInsight has prepared a report saying that by the end of 2020, these four firms will take complete control over the Bitcoin mining market. Those are
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