The world’s largest manufacturer of mining equipment, the company Bitmain, has decided to close its office in Amsterdam. This was announced by a company representative.
“Since we are building a long-term, sustainable and scalable business, we are optimizing staff and operations. This includes the decision to close our offices in Israel and Amsterdam, ”he said.
Last week, the media of the US state of Texas reported that Bitmain closed the mining farm in the local town of Rockdale, just a few months after the announcement of its opening. The company confirmed the closure of the farm, but stressed that they would keep the local office.
According to a crypto-enthusiast study, only in the third quarter of last year, Bitmain lost $ 740 million due to lower prices for Bitcoin Cash. According to BlockGlobe, a Chinese portal, Bitmain founders Cihan Wu and Mikri Jan are leaving leadership positions.
