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Chinese Mining Company Bitmain Has Higher Profits Than NVIDIA

According to a recent report Chinese mining hardware giant Bitmain has had higher profits in 2017 than long-time GPU giant NVIDIA. A report published February 21 from investment research company Bernstein, says that the four-year-old Bitmain reportedly made between $3 and $4 billion in operating profit in 2017, whereas NVIDIA made about $3 billion during the same period.

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Posted by amiller in All News, AntMiner, bitcoin, Bitmain, Blog, Cryptocurrency Mining, Cryptocurreny, Hardware News, Mining, Nvidia, Samsung, TSMC