Odaily Planet Daily broke the news 🔥 that Bitmain insiders confirmed that the company has postponed the payment of part of the salary of all employees in September. Although the announcement stated that it would be distributed based on the situation after October 7, employees have not received any notification so far. 😮
Another source revealed that the total budget of the mining conference held by Bitmain in Hong Kong last month was about US$5 million, saying that "it is not that there is no money, but having money and being stingy are two different things." 💰
Bitmain’s internal emails show that the company’s operating cash flow has not turned positive in September, especially the progress of its mines is seriously not up to standard. EMT decided to suspend the payment of part of the salary of all employees in September and will pay it according to the situation after the October 7 holiday. 💼
Despite some financial issues faced by Bitmain, we remain optimistic about Bitcoin. 😉
Another source revealed that the total budget of the mining conference held by Bitmain in Hong Kong last month was about US$5 million, saying that "it is not that there is no money, but having money and being stingy are two different things." 💰
Bitmain’s internal emails show that the company’s operating cash flow has not turned positive in September, especially the progress of its mines is seriously not up to standard. EMT decided to suspend the payment of part of the salary of all employees in September and will pay it according to the situation after the October 7 holiday. 💼
Despite some financial issues faced by Bitmain, we remain optimistic about Bitcoin. 😉