Disappointing sales are behind Beijing-based Bitmain’s decision to furlough employees, local media reports Bitmain, the world’s biggest producer of hardware designed for mining cryptocurrency, has stopped paying salaries for September and beyond, Chinese tech media outlet Leiphone reported on Tuesday, citing many company employees familiar with the matter.

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It’d be naive to think the US would change course on the containment of China, even if Beijing opposed Moscow over Ukraine The United States is attempting to force China to oppose Russia’s “special military operation” in Ukraine. On Friday, US President Joe Biden and Chinese leader Xi Jinping held a nearly two-hour video meeting…