Layoffs Archives | CoinStaker

Crypto Mining Equipment Is Currently No Longer Profitable

by Ian Karamanov | Feb 21, 2019 | Crypto Mining News, Handpicked | 0 comments | 4868 Views

Bitmain has recorded the stunning loss of 500 million in Q3 of 2018. The largest maker of crypto mining equipment in the world, did not have the most profitable year. Even though, Bitmain managed to generate revenues of more than $3 billion during Q1-Q3, Q3 was...

ShapeShift announces layoffs, because of the Crypto Bear market

by Peio Purlev | Jan 18, 2019 | Crypto exchange, Finance News, Handpicked, International News | 0 comments | 5986 Views

Some of the most famous Crypto and Blockchain companies have already done very large layoffs. The next to join the list is the Cryptocurrency exchange ShapeShift. After both Steemit and Bitmain announced major layoffs, the Crypto Bear market has claimed another...