Crypto

Hidden Bitcoin mining activities cost this company bad!


A Chinese firm, Huatie's subsidiary, sold about 10 percent of its initial value after losses stemming from the $ 23 million suspicious hidden Bitcoin and crypto currency mining activities.

Huatie , hidden Bitcoin mining

China crypto According to the media news channel 8BTC, Huatie HengAn, a Huatie subsidiary, was sold for $ 2 million. Reports show that the value of the company has fallen by about 90 percent from an initial valuation of $ 25 million in a one-year field. Huatie HengAn originally reported that a construction company purchased 36,500 pieces of equipment. In December 2018, Huatie's year-end financial report showed a loss of $ 14 million for its subsidiary. As of February 2018, the total net loss was $ 23 million.

If Huatie HengAn were really involved in currency mining crypto it would be the newest of a growing business listing affected by the 2018 month market. Throughout the year, all of the crypto currencies have fallen more than 80 percent on average across the market

. is for informational purposes only. It does not constitute any investment advice. The author and kriptoparahaber.com are not liable for your profit or loss arising from the investments you are making. Investment is ultimately based on knowledge, knowledge, experience, research and personal decisions.