BitMEX research unit has published a report stating that Bitmain,a Bitcoin miner maker will become "legendary" on improving skill management. This report got initially leaked on the popular social media platform, Twitter in the initial phase of this week. Finally, BitMEX on its official blog page published the analysed report on this significant mining company based in China, Bitmain on 30th August.Source
The research study points out an intriguing factor present in the leaked documents of pre-Initial Public Offering [IPO] and that is the business of the Bitmain has witnessed a steep downfall. In 2016, the percentage of mining activity was ranged at 18.4% and on the contrary, 2018's first quarter shows the percentage of revenue generated to be 3.3%.
