This Week in Mining - Bitmain's 2020 revenue exceeds $300M so far, ASIC maker Ebang files for US IPO

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  1. Bitmain is reported to have made $300 million in revenue in the first four months of 2020. Meanwhile, the legal battle between Bitmain’s ousted co-founder Micree Zhan is progessing in local Chinese courts.

  2. ASIC manufacturer Ebang is filing for an IPO in the US for $100 million on either Nasdaq or NYSE under the ticker EBON.

  3. We are less than two weeks away from the projected Bitcoin halvening date.