Rumor: Crypto Mining Giant Bitmain May Purge 50% Of Staffers

Dovey Wan, a prominent Asian cryptocurrency entrepreneur and insider, recently drew attention to a post on China’s version of LinkedIn (“usually very high accuracy, posted by employees themselves”) that indicates that Bitmain, the Beijing-based crypto mining giant, is ready to begin a drastic layoff. Per the post, Bitmain may begin a layoff in the coming week.

there’s post on Chinese Linkedin (usually very high accuracy, posted by employees themselves) saying Bitmain will start a layoff the coming week …

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