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Chinese bitcoin mining giant Bitmain had revenues of $2.8 billion in the first half of the year

Chinese crypto mining company Bitmain has filed IPO documents with the Hong Kong Stock Exchange. The preliminary documents show Bitmain had revenues of $2.8 billion in the first half of 2018.
A worker checks the fans on miners, at the cryptocurrency farming operation, Bitfarms, in Farnham, Quebec, Canada.

AMD: Our crypto boom is over

Bitcoin has lost 39% of its value since January 1 — and the drop has effected the interest in AMD's graphics cards.
A "Mining rig" computer server is pictured in Bitminer Factory in Florence, Italy, April 6, 2018.

A crypto mining company is listing on the London stock market

Argo Blockchain plans to raise £20 million through an IPO on the London Stock Exchange. The company is launching a subscription service to let people mine cryptocurrencies through their phones or computers.
LAS VEGAS, NV - JANUARY 04: Nvidia Founder, President and CEO Jen-Hsun Huang introduces the Nvidia Spot, a USD 49.95 microphone and speaker that will let owners use Google Assistant anywhere in a home, as he delivers a keynote address at CES 2017 at The Venetian Las Vegas on January 4, 2017 in Las Vegas, Nevada. CES, the world's largest annual consumer technology trade show, runs from January 5-8 and is expected to feature 3,800 exhibitors showing off their latest products and services to more than 165,000 attendees.

NVIDIA WARNS: We are going to see a big drop in crypto revenue

"Cryptocurrency demand was again stronger than expected, but we were able to fulfill most of it with crypto-specific GPUs, which are included in our OEM business at $289 million," Colette Kress, Nvidia's chief financial officer, said on the call.

AMD shrugged off one of Wall Street’s biggest concerns about cryptocurrency mining

The chipmaker says its not worried about used GPU’s flooding the market as cryptocurrency interest declines.