TallTim📈📉💰Aug 26, 2018
#samsonmow bringing the pain, nice deep dive on #bitmain and how their #ipolosion is a train wreck -- https://samsonmow.com/bitmain-ipo-and-technical-challenges/ Pull up a chair, get some popcorn and put up your feet. Highly enjoyable. #rekt #bagmain #jihanwu #bcash
Bitmain: IPO and Technical Challenges

During the market’s best two years, Bitmain did not roll out any new chips or new mining machines to update its core Bitcoin mining product line, which can be fatal for a chip company in this fast-…

THE LION'S DEN
TallTim📈📉💰Aug 26, 2018
#bitmain (aka #bagmain) floundering -- #samsonmow birdsite link - https://twitter.com/Excellion/status/1033741643021672451
"Three Bitmain teams abandoned the company in recent weeks" looks like the dream of usurping #bitcoin is slipping through their greedy fingers. Excellent. #altfork #bcash #rogerver #jihanwu
Samson Mow on Twitter

“Three Bitmain teams abandoned the company in recent weeks: one group from operations and manufacturing, & two groups from their chip design division. One of those groups is actively trying to raise capital to compete with Bitmain. They approached a friend of mine. #BitmainIPO 😂 https://t.co/6ivOjpzDaf”

Twitter
TallTim📈📉💰Aug 21, 2018
#bitmain #bagmain -- Big investors deny being involved
https://www.coindesk.com/tencent-softbank-deny-involvement-in-bitmains-1-billion-pre-ipo-round/ Uh-oh, does this mean further pain for #jihanwu and by extension, #rogerver ?
Show threadTallTim📈📉💰Aug 20, 2018
@Dennis From reading docs, looks like their massive inventory of 16nm chips can't compete with the newer 7nm #ASIC from their competitors. Also, they are sitting on 1 million #bcash they can't afford to liquidate for cashflow - their market would crash. The whole #IPO is to give them cashflow to weather these things - and even that isn't certain to save them. #bitmain #bagmain #ipolosion
Show threadTallTim📈📉💰Aug 16, 2018
@Dennis https://www.buybitcoinworldwide.com/mining/hardware/ Here's the top five including #bagmain
5 Best Bitcoin Mining Hardware ASIC Machines (2021 Rigs)

This is a complete guide to mining hardware. Learn about the best mining hardware on the market today and how to use it in this in-depth post.

Show threadTallTim📈📉💰Aug 16, 2018
@christinabahk @Cubanjulioneira @excellion If the sharks know you have to sell, then you're going to pay a lot more to get out. #OTC would not be a great choice. #LTC #bagmain #ipolosion
Show threadTallTim📈📉💰Aug 16, 2018
@christinabahk @Cubanjulioneira @excellion I doubt that. #GDAX order depth is 7768 total #LTC down to 54. The liquidation cascade would be horrific. (Sorry for the re-edits, I'm tired.)
#bagmain #shitcoin #trading
Show threadTallTim📈📉💰Aug 15, 2018
@TheCryptoconomy Also his article is here on medium -- https://medium.com/@btcWolves/a-bch-update-bitmain-bch-the-ipo-what-it-all-actually-means-354220b86ac3 #shitcoins #bagmain #ipolosion
A BCH Update: Bitmain, BCH, the IPO & What it all Actually Means

Summary: In this post we will -

Show threadTallTim📈📉💰Aug 15, 2018
@Strong_Hands_HODL Its been floated as a theory, but hard to prove unless someone leaks subsidized electricity invoices or something. #China rolling over in the credit markets may come first and obviate it all anyway. #bagmain
Show threadTallTim📈📉💰Aug 15, 2018
@Cubanjulioneira @excellion I have it on good authority that #Bitmain 's new mining center in the Pacific NW has not paid the local electric provider to start installation of a new substation. They initially wanted 100MW (insane) and scaled it back when the utility wanted money up front for the whole deal. This could be the tree falling in the woods regarding their cashflow/balance sheet. #bagmain #mining #ipolosion