Media: Bitmain revenue for the first quarter of 2020 exceeded $ 300 million

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    Bitmain revenue

    According to The Block , in the first quarter of 2020, the mining industry giant Bitmain earned more than $ 300 million.

    The Bitmain report for the first four months says that high economic performance was achieved thanks to the following three areas:

    1. Development of AI chips.
    2. Launch and modernization of four additional mining farms.
    3. Strengthening direct sales to customers.

    Bitmain shared that each employee will receive a bonus of 70,000 yuan (about $ 9.89 thousand) for the successful completion of the first quarter.

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