• About
  • FAQ
  • Landing Page
  • Buy JNews
Newsletter
Crypto News
Advertisement
  • Home
    • Home – Layout 1
    • Home – Layout 2
    • Home – Layout 3
  • Bitcoin
  • Ethereum
  • Regulation
  • Market
  • Blockchain
  • Business
  • Guide
  • Contact Us
No Result
View All Result
  • Home
    • Home – Layout 1
    • Home – Layout 2
    • Home – Layout 3
  • Bitcoin
  • Ethereum
  • Regulation
  • Market
  • Blockchain
  • Business
  • Guide
  • Contact Us
No Result
View All Result
Crypto News
No Result
View All Result

Crypto Mining Hardware Manufacturer Whatsminer Plans to Launch Public Offering in the US

by
January 15, 2021
in Uncategorized
0
Crypto Mining Hardware Manufacturer Whatsminer Plans to Launch Public Offering in the US
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Crypto Mining Hardware Manufacturer Whatsminer Plans to Launch Public Offering in the US

One of the world’s biggest bitcoin mining machine manufacturers is preparing to go public in the United States. China-based Whatsminer is reportedly looking to obtain additional funds to buy Samsung chips with the initial public offering (IPO).

Related articles

ClayStack Releases Updates on the Staking Ecosystem

March 7, 2021

Mark Cuban sees $1 written in DOGE’s tea leaves

March 7, 2021

Whatsminer’s Revenue Could Hit $1 to $2 Billion in 2021

According to Chinese media outlets and Asian journalist Collin Wu, the company’s market value can exceed “tens of billions.”

Citing three sources familiar with the matter, Wu says that such a move could help the mining giant obtain more funds to increase its production capacity.

The founder of Whatsminer, Yang Zuoxing, is a former employee of Bitmain, and he claims to be the pioneer of the S9 mining devices Bitmain produces. Back in 2019, Bitmain sued him for “infringement of trade secrets.”

Whatsminer’s IPO plans include going public, on Nasdaq. The US public listing plans have been in the works since 2019. However, the aforementioned legal issues with Bitmain ahve delayed the listing.

Per Weixin, due to the surge in mining machines’ price, Whatsminer’s revenue could hit $1 to $2 billion in 2021. That’s why the expectations around the company are high in anticipation of the IPO, said Wu.

Although a timeline is not set yet, Weixin forecasts that both Whatsminer and Bitmain could be listed in the U.S. in the next two years.

Latest Moves in the Crypto Mining Industry

Overall, the crypto mining world has been quite lively in the last few months, especially in the manufacturing industry. 500.com Ltd reached an initial agreement to acquire mining machines from an unnamed non-U.S. seller. The transaction will allow the company to acquire mining machines, including such models as the M20s from Microbt S17, T17, and S9 from Bitmain.

On December 16, 2020, news.Bitcoin.com reported that the latest generation mining rigs’ prices have gone up 35% since the beginning of November.

What are your thoughts on Whatsminer’s IPO plans? Let us know in the comments section below.

Share76Tweet47

Related Posts

ClayStack Releases Updates on the Staking Ecosystem

by
March 7, 2021
0

ClayStack recently announced that their developers are working towards launching their Alpha Platform. As we await the launch, ClayStack has...

Mark Cuban sees $1 written in DOGE’s tea leaves

by
March 7, 2021
0

"If we sell another 6,556,000,000 DOGE worth of Mavs merch, Dogecoin will definitely hit $1," said the Dallas Mavericks owner....

Want to be rich? Bitcoin’s limited supply cap means you only need 0.01 BTC

by
March 7, 2021
0

In 10 years Bitcoin’s finite supply will be nearly exhausted, meaning holders might only need 0.01 BTC to become filthy...

Satoshi’s 21 Million Mystery: One-Millionth of the Bitcoin Supply Cap Is Now Worth $1 Million

Satoshi’s 21 Million Mystery: One-Millionth of the Bitcoin Supply Cap Is Now Worth $1 Million

by
March 7, 2021
0

On Sunday, March 7, 2021, the price per bitcoin jumped over the $50k handle once again, as the digital asset’s...

Celsius Network valued at $3.1B following independent review

by
March 7, 2021
0

Celsius is expected to grow its assets under management by 25% annually through 2025, according to Alpha Sigma Capital. Using...

Load More
  • Trending
  • Comments
  • Latest
Grayscale CEO outlines 6 themes that will shape crypto market in 2021

Grayscale CEO outlines 6 themes that will shape crypto market in 2021

January 20, 2021
GrayScale Reopens ETHE Buying

GrayScale Reopens ETHE Buying

February 1, 2021
Grayscale Investments Buys more ETH as Ethereum Price Shoots to New All-Time High of over $1550

Grayscale Investments Buys more ETH as Ethereum Price Shoots to New All-Time High of over $1550

February 3, 2021
Grayscale’s Crypto Assets Under Management Soar Past $30 Billion — ‘Institutions Are Here’

Grayscale’s Crypto Assets Under Management Soar Past $30 Billion — ‘Institutions Are Here’

February 6, 2021

ClayStack Releases Updates on the Staking Ecosystem

0

China Is Reportedly Moving To Clamp Down On Bitcoin Miners

0

Inside the Chinese Bitcoin Mine That’s Grossing $1.5M a Month

0

All You Need to Know About This Whole SegWit vs. SegWit2x Thing

0

ClayStack Releases Updates on the Staking Ecosystem

March 7, 2021

Mark Cuban sees $1 written in DOGE’s tea leaves

March 7, 2021

Want to be rich? Bitcoin’s limited supply cap means you only need 0.01 BTC

March 7, 2021
Satoshi’s 21 Million Mystery: One-Millionth of the Bitcoin Supply Cap Is Now Worth $1 Million

Satoshi’s 21 Million Mystery: One-Millionth of the Bitcoin Supply Cap Is Now Worth $1 Million

March 7, 2021
Crypto News

We bring you the best Premium WordPress Themes that perfect for news, magazine, personal blog, etc. Check our landing page for details.

Categories tes

  • Aave (AAVE)
  • Abra
  • altcoin
  • Altcoin News
  • altcoins
  • Altseason
  • Basic Attention Token (BAT)
  • Binance
  • Binance (BNB) News
  • Binance Coin (BNB)
  • Binance Ecosystem
  • Binance Smart Chain
  • Binance Smart Chain (BSC)
  • bitcoin
  • Bitcoin
  • Bitcoin (BTC) Adoption
  • Bitcoin (BTC) General News
  • Bitcoin (BTC) News
  • Bitcoin (BTC) Predictions
  • Bitcoin Cash (BCH)
  • Bitcoin Cash (BCH) General News
  • Bitcoin dominance
  • Bitcoin Futures
  • Bitcoin Miners
  • bitcoin network
  • Bitcoin Options
  • Bitcoin price
  • Bitcoin SV (BSV)
  • Bitfinex
  • BitGo
  • Bitstamp
  • Bittrex
  • Blockchain
  • Blockchain News
  • bloomberg
  • Brad Garlinghouse
  • Business
  • Cameron Winklevoss
  • Cardano (ADA)
  • Cardano Upgrade
  • ChainLink
  • ChainLink (LINK)
  • Chainlink (LINK) News
  • Chainlink Community
  • Chainlink Price Prediction
  • Changpeng Zhao
  • charlie lee
  • CME Ethereum Futures
  • CME Group
  • coinbase
  • Coinmarketcap
  • Consensys
  • Craig Wright
  • Crypto Exchanges
  • cryptocurrency
  • Dash (DASH)
  • DeFi
  • DeFi Pulse
  • Deribit
  • Dogecoin (DOGE)
  • Electric Coin Company
  • Elon Musk
  • ETH 2.0
  • ETH2.0
  • Ethereum
  • Ethereum (ETH)
  • Ethereum (ETH) News
  • Ethereum 2.0
  • Ethereum Classic (ETC)
  • Ethereum Fees
  • Ethereum Futures
  • Ethereum Miners
  • Ethereum Network
  • ethereum price
  • Ethereum price analysis
  • Ethereum Staking
  • Ethereum Upgrade
  • Ethereum Upgrades
  • Flare Networks
  • Flare Networks Snapshot
  • Gemini
  • google
  • Grayscale
  • Grayscale Bitcoin Trust (GBTC)
  • Grayscale Ethereum Trust (ETHE)
  • Grayscale Investments
  • Guide
  • Guides
  • Huobi
  • Institutional Investors
  • jack dorsey
  • Jay Z
  • justin sun
  • JustSwap
  • LINK Marines
  • Litecoin
  • Litecoin (LTC)
  • Litecoin (LTC) News
  • Litecoin Development
  • litecoin foundation
  • Litecoin MimbleWimble
  • Market
  • Michael Saylor
  • MicroStrategy
  • MimbleWimble
  • Mining
  • Monero (XMR)
  • News
  • NFT
  • NFTs
  • Non-Fungible Tokens
  • OKECoin
  • Other
  • Pantera Capital
  • Polkadot (DOT)
  • Polkadot Price Analysis
  • Poloniex
  • Prices
  • Regulation
  • ripple
  • Ripple
  • Scams and Hacks
  • sec
  • Securities and Exchange Commission
  • Spark Token (FLR)
  • Spark Token Airdrop
  • Spark Tokens (FLR)
  • Square
  • SushiSwap (SUSHI)
  • Tesla
  • Tether (USDT)
  • tether bitfinex lawsuit
  • Tron (TRX)
  • TRON (TRX) News
  • Tron Foundation
  • Twitter
  • Tyler Winklevoss
  • Uniswap
  • UniSwap (UNI)
  • Wallets and Exchanges
  • WallStreetBets
  • Weiss Ratings
  • Wrapped Bitcoin (WBTC)
  • XRP
  • XRP News
  • XRP Price Prediction
  • Yearn Finance (YFI)
  • Zcash (ZEC)
  • ZCash Halving
  • Zeus Capital
  • Zilliqa (ZIL)
  • Zilliqa (ZIL) News
  • Zilliqa Staking

Tags

Altcoin Bitcoin drops Bitcoin Wallet Cointelegraph Cryptocurrency ICO Investment Lending Market Stories Mining Bitcoin

Newsletter

[mc4wp_form]

  • About
  • FAQ
  • Support Forum
  • Landing Page
  • Buy JNews
  • Contact Us

© 2017 JNews - Crafted with love by Jegtheme.

No Result
View All Result
  • Contact Us
  • Homepages
  • Business
  • Guide

© 2018 JNews by Jegtheme.