Chinese bitcoin mining rig makers aim to raise billions in Hong Kong IPOs: sources

Three of the world's largest bitcoin mining equipment makers plan to raise billions of dollars with initial public offerings in Hong Kong, even as other companies report plunging demand for the chips needed to make bitcoin and a halving in the price of the cryptocurrency. Nvidia's chief financial officer, Colette Kress, said she anticipated "no contribution" to revenues from cryptocurrency in coming months.

from Yahoo News - Latest News & Headlines https://ift.tt/2PIZvts