The Israeli research and development arm of cryptocurrency mining giant Bitmain will close, resulting in the firing of all 23 staff due to market “turmoil.” Glikberg: Bitmain ‘Forced’ To Reevaluate As local media outlet Globes reported December 10, Bitmain, which continues to face financial problems of its own this year, will formally end all activities at its offshoot just three years after it began operations. The 23 employees at the Ra’anana site will not beRead MoreThe post Bitcoin Mining Giant Bitmain Is Collapsing – And It Only Has Itself To Blame appeared first on Bitcoinist.com.
