Post
Topic
Board Bitcoin Discussion
Re: Unconfirmed: Chinese Media Reports Jihan Wu, Jenke Group to Soon Resign
by
dothebeats
on 31/12/2018, 05:31:31 UTC
Jihan Wu might be in hot waters right now, but that doesn't mean that BITMAIN would cease mining operations knowing how profitable it has been for the company for the last 5 years or so. Also, truth is they'd be laying off 500 employees due to the company's poor performance on this year, but I guess that's not enough grounds to actually halt mining operations at a whole. If they did, this might open a door for prospective manufacturers of mining equipment and scatter the mining power across the world and take the power away from China for once.