“Ebang claims to be a “leading bitcoin mining machine producer”, yet our research indicates this extraordinary claim is backed by no evidence. Ebang released its final miner in May 2019 and has since seen its sales dwindle to near-zero, delivering only 6,000 total miners in 1H20,” the short seller said. https://
Ebang did not immediately respond to a Reuters request for comment.
Chinese bitcoin mining machine manufacturer, Ebang debuted on Nasdaq in June last year and had conducted two fundraising rounds in February alone, raking in $170 million, even after a previous offering in November.
Source: Cryptocurrency - investing.com
