Mining Giant Bitmain Announces 2020 Sales Strategy And It Shows Huge Gamble On Bitcoin Halving Cryptoknowmics

Denial11

Denial11

Well-known member
Verified
Dec 10, 2019
48
Points
179
bitman-banner3.jpg

Crypto giant Bitmain has recently announced its strategy going into 2020. Much of the reason for the change in its strategy has been because of its falling market dominance. Back in 2018, Bitmain was the market king of Bitcoin mining equipment. With the market crash that stretched into 2019, Bitmain fell in sales and dominance. This was further intensified by in-house fighting in the company. Now, the company is planning big plans for 2020 and by the looks of it, making a big gamble that Bitcoin will soar. This is the popular opinion, Bitcoin will skyrocket with the halving.

Bitmain, like many in the crypto community, believes that the May 2020 halving will be an explosive one. This notion stems from the fact that the two previous halvings have seen prices skyrocket. A poll by Grayscale shows that more than half of its responders believe that Bitcoin halving has not been priced in. This simply means that Bitcoin will in the next few months change based on the halving. And while that change is not guaranteed to be positive, it is unlikely to be otherwise.

 
  • Like
Reactions: Zkolaabi
BitStarz Casino
Coin Payments
Best Change
Advertise Here!
Similar threads
Thread starter Title Forum Replies Date
Lebedev Great War for Bitcoin Cash and Chinese Giant rise. What happened with mining in the year 2018 The Hitchhiker's Guide to the Crypto Galaxy 0
Lebedev Giant post about mining... Wallets, mining, hardware 2
IncredibleEarnings Minexo - Cloud Mining [0.7% daily for 90 days and principal back - RC: 7%-2%-1%] HYIP Reviews 0
Margo News Bitcoin Mining Suppliers Increase Efforts to Meet Rising Product Demand News 0
TOPDailyPTC ✔RKS-Cryptomining - Cloud Mining - FREE SIGNUP BONUS 100GH/s✅ Wallets, mining, hardware 2
ishprash Paying StarsMining.net HYIP Stars Mining Review [103-108% After 1 Day; 110-120% After 7 Days; 130-180% After 14 Days; 300% After 21 Days + 5% R.C.] HYIP Reviews 25
G Cloud Mining - trusted, reliable , active telegram group and supportive Wallets, mining, hardware 0
jack2019 How to make a Btc Mining website. Commercial Section 0
Margo News Venezuela Legalizes Crypto Mining. Miners Must Join ‘National Pool’ News 0
Cryptic Fate Not Tracked Op.Farm - Operation Phoenix Review [ 1-3 Year Mining Contract, 0% RC ] Not Monitored HYIPs 0
jack2019 Get Cheap BTC Mining Websites. Commercial Section 1
jack2019 Get Cheap Btc Mining Website With Unique Design. Commercial Section 0
Margo News Russian Movie Director Nikita Mikhalkov: Microsoft’s Crypto Mining Patent is Satanic News 0
jack2019 Get ready Hyip, Bitcoin Mining, BTC Doubler, PTC, Ads clicking websites. Commercial Section 0
Margo News HTC EXODUS 1S to Allow Crypto Mining via DeMiner App News 0
TimGarrison12 Problem excel-mining.io HYIP - Excel Mining Review [0.5% - 1.5% daily for 1 year + 5 GH/s + 15% RC] Problem HYIPs 131
millionsizgang Try CryptoTab, the world's first mining browser. Over 10 million users are already earning with CryptoTab Browser! Wallets, mining, hardware 0
jack2019 How To A Buy Cheap Bitcoin Mining Website. Commercial Section 0
Margo News China Shutting Down Mining Farms Due to Coronavirus Outbreak News 3
jack2019 How to start your own BTC Mining website at a low price? Commercial Section 0
Denial11 Bitcoin Mining Difficulty up and Hash Rate Hits New Record News 0
Denial11 Uzbekistan's NAPM All Set To Build National Mining Pool News 0
landforcebd What is mining ? Wallets, mining, hardware 2
shaitan88 WTP cloud mining Wallets, mining, hardware 1
jack2019 Get cheap Hyip, Btc Doubler & Btc Mining website. Commercial Section 0
C Ongoing [ANN] Arc Iris Hydrogen - Green Coin for Profitable Bitcoin Mining Globally Initial Coin Offerings (ICOs) 0
Margo News Crypto Mining Botnet Hides Malware Payloads in Taylor Swift Pics News 1
Denial11 Crypto Mining Botnet Uses Taylor Swift's Image to Dump Malware News 0
Denial11 The ShutDown of Mining Platforms Due to Regulations News 0
C Ongoing [ANN] Karuschain - Responsible Precious Metal Mining Initial Coin Offerings (ICOs) 0
jack2019 Get ready btc mining website and start earning. Commercial Section 0
Margo Iran Recognizes Crypto Mining as Industry News 0
Margo News Dutch Man Accused of $2.2 Million Bitcoin Mining Fraud News 0
Tom_the_Hyipster DOGEBANK - DOGE CLOUD MINING AND GAMES Wallets, mining, hardware 23
H CryptoTab Browser - Easy way for Bitcoin Mining Wallets, mining, hardware 2
H Guide to Bitcoin: Buying, Mining, Gambling & Claiming... Coins 2
Margo UK-based Firm Electroneum Introduces $80 Crypto-Mining Smartphone News 0
nonggamesusu Bitcoin Mining Game l Claim Free Bitcoin by febbit Commercial Section 1
Lebedev Bitcoin Mining Difficulty falls for the second time News 13
Golem Answer How do I Calculate Mining Profitability? FAQ 1
dr.Gachet Question What is Hashrate in Mining? FAQ 1
Golem Question What is Mining Difficulty? FAQ 1
D DOGE WORKER 1 & DOGE WORKER 2 ( PAYS CLOUD MINING - PROOF OF PAYS ) Wallets, mining, hardware 2
Lebedev Global warming and other news from mining industry Wallets, mining, hardware 0
Margo Crypto Mining Could Push Global Warming Above 2°C News 0
dr.Gachet Step-by-Step Guide to Cryptocurrency Trading, Investing & Mining Be Your Own Boss! 31
Lebedev Bitfury - modern mining solution Wallets, mining, hardware 0
Margo Man Gets 3.5 Years in Prison for Stealing Train Station Power for Bitcoin Mining News 1
ccminingequipment Cryptocoin Mining Equipment - Online Mining Hardware Store Commercial Section 1
Lebedev Everything you should know about Mining in September 2018 Wallets, mining, hardware 0

Similar threads

Private conversations
Rules Help Users
    You haven't joined any rooms.
    Forgot your password?