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Bitmain's enlargement in the US represents a proactive effort to reduce these risks and bolster its aggressive place during the location. This go is usually a crucial step in navigating the difficulties of a speedily evolving industry.
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[19] The company issued a press release stating it might "restart the listing application perform at an acceptable time Later on." Bitmain also announced that Haichao Wang would function its new CEO, although co-founders Micree Zhan and Jihan Wu will proceed as directors.[twenty]
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Bitmain's know-how in ASIC chips can make it A serious player in the business, and It can be poised to reap the benefits of the predicted expansion of ASIC clouds.
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