update bitmain is reeling.
from Miner Expert
https://bitcointalksearch.org/user/miner-expert-2706610Note the image below is on miner expert's telegram feed
https://t.me/minerexpertsales/669 this link should show image below
An illegal sale of 17000 units at a bargain price
he fucked the whole industry doing this.
Back in October bitmain did a one month sale of gear using PayPal to get the needed cash.
The pig could have done it with the s19 sale of 17,000 pieces
Instead he sold them under the table to a big corporation at a low price. of 100,000,000 yaun
100,000,000/17,000 = 5882 yaun a unit which is only $840.00 per s19 pro
he vanished the money.
Fucked us all .
He could have went the PayPal route but no he pulled this move.
If this is true it is huge .
100,000,000 yuan missing = 14,000,000 usd
200,000,000 yuan owed = 28,000,000 usd