Unconfirmed: Insights And Analysis From The Top Minds In Crypto

Blockstream chief strategy officer Samson Mow, who used to work at a competitor to Bitmain, discusses the recent news that the crypto mining manufacturer suffered a $500 million loss in the third quarter of 2018. He talks about possible reasons, including difficulties in selling its most recent miner and its stockpile of Bitcoin Cash, which has dropped more precipitously than Bitcoin during the last year. We also cover the extensive layoffs that the company has undergone in recent months, the shakeup in company leadership and what the prospects are for its IPO filing. Thank you to our sponsor! CipherTrace: http://ciphertrace.com/unconfirmed Episode links: Samson Mow: https://twitter.com/Excellion Bitmain: https://bitmain.com CoinDesk article on Bitmain's Q3 loss: https://www.coindesk.com/mining-giant-bitmain-posts-500-million-loss-in-ipo-financial-filing CoinDesk on Bitmain's original IPO plans: https://www.coindesk.com/crypto-unicorn-bitmain-weighs-18-billion-ipo-one-of-worlds-largest CoinDesk on B